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461 hedge funds and large institutions have $15.1B invested in Corpay in 2018 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 160 increasing their positions, 173 reducing their positions, and 79 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more funds holding in top 10

Funds holding in top 10: 1416 (+2)

4% more call options, than puts

Call options by funds: $75.9M | Put options by funds: $73.3M

0.46% less ownership

Funds ownership: 96.14%95.68% (-0.46%)

8% less repeat investments, than reductions

Existing positions increased: 160 | Existing positions reduced: 173

3% less funds holding

Funds holding: 473461 (-12)

10% less first-time investments, than exits

New positions opened: 71 | Existing positions closed: 79

22% less capital invested

Capital invested by funds: $19.4B → $15.1B (-$4.3B)

Holders
461
Holders Change
-12
Holders Change %
-2.54%
% of All Funds
10.27%
Holding in Top 10
16
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+14.29%
% of All Funds
0.36%
New
71
Increased
160
Reduced
173
Closed
79
Calls
$75.9M
Puts
$73.3M
Net Calls
+$2.58M
Net Calls Change
-$73.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
26
Invesco
Georgia
$104M -$18.6M -95,010 -14%
TCM
27
TimesSquare Capital Management
New York
$103M -$20.3M -103,630 -16%
1WCM
28
12 West Capital Management
New York
$98.6M -$3.02M -15,476 -3%
Wells Fargo
29
Wells Fargo
California
$98.4M -$30.6M -156,705 -23%
Dimensional Fund Advisors
30
Dimensional Fund Advisors
Texas
$89M +$11.1M +56,571 +13%
Legal & General Group
31
Legal & General Group
United Kingdom
$76.3M +$5.29M +27,091 +7%
Charles Schwab
32
Charles Schwab
California
$71.1M +$2.28M +11,666 +3%
ESCM
33
Echo Street Capital Management
New York
$69.8M +$28M +143,449 +62%
Westfield Capital Management
34
Westfield Capital Management
Massachusetts
$68.3M +$10.3M +52,916 +17%
CIBC Private Wealth Group
35
CIBC Private Wealth Group
Georgia
$65.6M -$3.14M -16,048 -4%
Sumitomo Mitsui Trust Group
36
Sumitomo Mitsui Trust Group
Japan
$62.9M +$11.2M +57,259 +20%
ACP
37
Atalan Capital Partners
New York
$60.5M +$27.7M +141,500 +77%
UBS AM
38
UBS AM
Illinois
$56.4M +$147K +753 +0.2%
WRF
39
Waddell & Reed Financial
Kansas
$56.1M -$37.7M -192,658 -39%
Swiss National Bank
40
Swiss National Bank
Switzerland
$53.4M +$274K +1,400 +0.5%
California Public Employees Retirement System
41
California Public Employees Retirement System
California
$50M +$10.5M +53,770 +25%
BTP
42
Bloom Tree Partners
New York
$48.5M +$18.9M +96,607 +59%
PPA
43
Parametric Portfolio Associates
Washington
$47M +$2.8M +14,336 +6%
Goldman Sachs
44
Goldman Sachs
New York
$45.7M -$7.85M -40,185 -14%
MC
45
Montag & Caldwell
Georgia
$45.7M -$11.8M -60,340 -20%
Russell Investments Group
46
Russell Investments Group
United Kingdom
$45.3M -$6.11M -31,267 -11%
Victory Capital Management
47
Victory Capital Management
Texas
$44.1M +$7M +35,792 +18%
Allianz Asset Management
48
Allianz Asset Management
Germany
$43.5M -$397K -2,031 -0.9%
CPM
49
Crescent Park Management
California
$42.9M +$4.52M +23,142 +11%
TA
50
Teachers Advisors
New York
$42.8M +$1.11M +5,684 +3%

CPAY Hedge Fund Activity: Q4 2018 in Review

461 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q4 2018, worth a combined $15.1B — down 22% from $19.4B a quarter earlier.

Sellers outnumbered buyers: 79 funds closed out of CPAY and 71 opened new positions — a net loss of 8 holders — while 173 trimmed existing stakes and 160 added.

The largest buyer was Palestra Capital Management, opening a new position worth an estimated $162M. The largest seller was Fidelity Investments, cutting an estimated $384M.

  • 461 institutional investors held Corpay (CPAY) as of Q4 2018, down from 473 in Q3 2018.
  • Funds reported $15.1B of Corpay stock for Q4 2018, down 22% quarter-over-quarter.
  • 71 funds opened new Corpay positions in Q4 2018 and 79 closed out, a net change of -8 holders.
  • The largest Corpay buyer in Q4 2018 was Palestra Capital Management, an estimated $162M added.
  • The largest Corpay seller in Q4 2018 was Fidelity Investments, an estimated $384M sold.

Based on aggregated 13F filings for Q4 2018.