Corpay
CPAY
328 hedge funds and large institutions have $8.16B invested in Corpay in 2013 Q4 according to their latest regulatory filings, with 93 funds opening new positions, 115 increasing their positions, 102 reducing their positions, and 22 closing their positions.
323% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 22
27% more funds holding
Funds holding: 258 → 328 (+70)
13% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 102
8% more capital invested
Capital invested by funds: $7.56B → $8.16B (+$593M)
0.59% more ownership
Funds ownership: 84.07% → 84.65% (+0.59%)
16% less funds holding in top 10
Funds holding in top 10: 19 → 16 (-3)
35% less call options, than puts
Call options by funds: $19.9M | Put options by funds: $30.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$231M |
| 2 |
RIM
Rainier Investment Management
Seattle,
Washington
|
+$65.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$50.2M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$48.3M |
| 5 |
O
OppenheimerFunds
New York
|
+$40.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SP
Summit Partners
Boston,
Massachusetts
|
-$230M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$175M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$76.2M |
| 4 |
JP Morgan Chase
New York
|
-$49.9M |
| 5 |
EC
Eminence Capital
New York
|
-$42.7M |
CPAY Hedge Fund Activity: Q4 2013 in Review
328 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q4 2013, worth a combined $8.16B — up 7.8% from $7.56B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new CPAY positions and 22 closed out — a net gain of 71 holders — while 115 added to existing stakes and 102 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $231M. The largest seller was Summit Partners, cutting an estimated $230M.
- 328 institutional investors held Corpay (CPAY) as of Q4 2013, up from 258 in Q3 2013.
- Funds reported $8.16B of Corpay stock for Q4 2013, up 7.8% quarter-over-quarter.
- 93 funds opened new Corpay positions in Q4 2013 and 22 closed out, a net change of +71 holders.
- The largest Corpay buyer in Q4 2013 was Morgan Stanley, an estimated $231M added.
- The largest Corpay seller in Q4 2013 was Summit Partners, an estimated $230M sold.
Based on aggregated 13F filings for Q4 2013.