Corpay
CPAY
390 hedge funds and large institutions have $13.3B invested in Corpay in 2017 Q1 according to their latest regulatory filings, with 69 funds opening new positions, 146 increasing their positions, 131 reducing their positions, and 44 closing their positions.
57% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 44
11% more repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 131
7% more capital invested
Capital invested by funds: $12.5B → $13.3B (+$868M)
5% more funds holding in top 10
Funds holding in top 10: 21 → 22 (+1)
4% more funds holding
Funds holding: 375 → 390 (+15)
0.94% more ownership
Funds ownership: 94.86% → 95.8% (+0.94%)
4% less call options, than puts
Call options by funds: $50.7M | Put options by funds: $52.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$794M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$328M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$173M |
| 4 |
HCM
Highline Capital Management
New York
|
+$173M |
| 5 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$160M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
-$238M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
-$206M |
| 3 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$189M |
| 4 |
1WCM
12 West Capital Management
New York
|
-$115M |
| 5 |
SCP
Soroban Capital Partners
New York
|
-$112M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FANJ
426
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$13K | -92 | Closed |
|
|
FMII
427
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | -$6K | -44 | Closed |
|
428
EARNEST Partners
Atlanta,
Georgia
| – | -$6K | -39 | Closed |
|
|
ZB
429
Zions Bancorporation
Salt Lake City,
Utah
| – | -$4K | -29 | Closed |
|
|
DPA
430
Delphi Private Advisors
San Diego,
California
| – | -$2K | -13 | Closed |
|
|
CFA
431
Camarda Financial Advisors
Fleming Island,
Florida
| – | -$2K | -12 | Closed |
|
|
WTB
432
Washington Trust Bank
Spokane,
Washington
| – | -$1K | -8 | Closed |
|
433
Parallax Volatility Advisers
San Francisco,
California
| – | -$784 | -5 | Closed |
|
CPAY Hedge Fund Activity: Q1 2017 in Review
390 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q1 2017, worth a combined $13.3B — up 7% from $12.5B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new CPAY positions and 44 closed out — a net gain of 25 holders — while 146 added to existing stakes and 131 trimmed.
The largest buyer was BlackRock, adding an estimated $794M. The largest seller was Tiger Global Management, cutting an estimated $238M.
- 390 institutional investors held Corpay (CPAY) as of Q1 2017, up from 375 in Q4 2016.
- Funds reported $13.3B of Corpay stock for Q1 2017, up 7% quarter-over-quarter.
- 69 funds opened new Corpay positions in Q1 2017 and 44 closed out, a net change of +25 holders.
- The largest Corpay buyer in Q1 2017 was BlackRock, an estimated $794M added.
- The largest Corpay seller in Q1 2017 was Tiger Global Management, an estimated $238M sold.
Based on aggregated 13F filings for Q1 2017.