Corpay
CPAY
568 hedge funds and large institutions have $20.3B invested in Corpay in 2024 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 220 increasing their positions, 186 reducing their positions, and 85 closing their positions.
94% more call options, than puts
Call options by funds: $69.9M | Put options by funds: $36.1M
18% more repeat investments, than reductions
Existing positions increased: 220 | Existing positions reduced: 186
7% more capital invested
Capital invested by funds: $18.9B → $20.3B (+$1.4B)
4% less first-time investments, than exits
New positions opened: 82 | Existing positions closed: 85
1.06% less ownership
Funds ownership: 92.71% → 91.65% (-1.1%)
1% less funds holding
Funds holding: 575 → 568 (-7)
29% less funds holding in top 10
Funds holding in top 10: 14 → 10 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$229M |
| 2 |
Lazard Asset Management
New York
|
+$74.4M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$49.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$30.4M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$27.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$118M |
| 2 |
Goldman Sachs
New York
|
-$117M |
| 3 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$117M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$96.4M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$57.3M |
CPAY Hedge Fund Activity: Q1 2024 in Review
568 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q1 2024, worth a combined $20.3B — up 7.4% from $18.9B a quarter earlier.
Sellers outnumbered buyers: 85 funds closed out of CPAY and 82 opened new positions — a net loss of 3 holders — while 186 trimmed existing stakes and 220 added.
The largest buyer was JP Morgan Chase, adding an estimated $229M. The largest seller was Morgan Stanley, cutting an estimated $118M.
- 568 institutional investors held Corpay (CPAY) as of Q1 2024, down from 575 in Q4 2023.
- Funds reported $20.3B of Corpay stock for Q1 2024, up 7.4% quarter-over-quarter.
- 82 funds opened new Corpay positions in Q1 2024 and 85 closed out, a net change of -3 holders.
- The largest Corpay buyer in Q1 2024 was JP Morgan Chase, an estimated $229M added.
- The largest Corpay seller in Q1 2024 was Morgan Stanley, an estimated $118M sold.
Based on aggregated 13F filings for Q1 2024.