Corpay
CPAY
526 hedge funds and large institutions have $14.8B invested in Corpay in 2020 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 164 increasing their positions, 227 reducing their positions, and 114 closing their positions.
70% more call options, than puts
Call options by funds: $75.7M | Put options by funds: $44.6M
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
2.82% less ownership
Funds ownership: 95.34% → 92.52% (-2.8%)
9% less funds holding
Funds holding: 580 → 526 (-54)
28% less repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 227
38% less capital invested
Capital invested by funds: $23.8B → $14.8B (-$9.03B)
43% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 114
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$539M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$445M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$210M |
| 4 |
SGA
Sustainable Growth Advisers
Stamford,
Connecticut
|
+$200M |
| 5 |
MC
Maverick Capital
Dallas,
Texas
|
+$186M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$701M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$402M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$384M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$317M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$254M |
CPAY Hedge Fund Activity: Q1 2020 in Review
526 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q1 2020, worth a combined $14.8B — down 38% from $23.8B a quarter earlier.
Sellers outnumbered buyers: 114 funds closed out of CPAY and 65 opened new positions — a net loss of 49 holders — while 227 trimmed existing stakes and 164 added.
The largest buyer was JP Morgan Chase, adding an estimated $539M. The largest seller was Jennison Associates, cutting an estimated $701M.
- 526 institutional investors held Corpay (CPAY) as of Q1 2020, down from 580 in Q4 2019.
- Funds reported $14.8B of Corpay stock for Q1 2020, down 38% quarter-over-quarter.
- 65 funds opened new Corpay positions in Q1 2020 and 114 closed out, a net change of -49 holders.
- The largest Corpay buyer in Q1 2020 was JP Morgan Chase, an estimated $539M added.
- The largest Corpay seller in Q1 2020 was Jennison Associates, an estimated $701M sold.
Based on aggregated 13F filings for Q1 2020.