Corpay
CPAY
506 hedge funds and large institutions have $18.9B invested in Corpay in 2020 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 182 increasing their positions, 199 reducing their positions, and 74 closing their positions.
95% more call options, than puts
Call options by funds: $52.5M | Put options by funds: $26.9M
0.52% more ownership
Funds ownership: 94.18% → 94.7% (+0.52%)
5% less capital invested
Capital invested by funds: $19.8B → $18.9B (-$925M)
9% less repeat investments, than reductions
Existing positions increased: 182 | Existing positions reduced: 199
5% less funds holding
Funds holding: 530 → 506 (-24)
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
30% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 74
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$674M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$298M |
| 3 |
JP Morgan Chase
New York
|
+$145M |
| 4 |
Viking Global Investors
Stamford,
Connecticut
|
+$116M |
| 5 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$111M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
-$345M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$301M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$108M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$88.4M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
-$86.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFG
576
Citizens Financial Group
Providence,
Rhode Island
| – | -$1K | -5 | Closed |
|
|
IWP
577
IAG Wealth Partners
Waukesha,
Wisconsin
| – | -$2K | -5 | Closed |
|
578
Bank Julius Baer & Co
Zurich,
Switzerland
| – | -$1K | -4 | Closed |
|
|
GEA
579
Glen Eagle Advisors
Kingston,
New Jersey
| – | -$503 | -2 | Closed |
|
CPAY Hedge Fund Activity: Q3 2020 in Review
506 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q3 2020, worth a combined $18.9B — down 4.7% from $19.8B a quarter earlier.
Sellers outnumbered buyers: 74 funds closed out of CPAY and 52 opened new positions — a net loss of 22 holders — while 199 trimmed existing stakes and 182 added.
The largest buyer was Capital World Investors, adding an estimated $674M. The largest seller was Melvin Capital Management, exiting entirely with an estimated $345M sold.
- 506 institutional investors held Corpay (CPAY) as of Q3 2020, down from 530 in Q2 2020.
- Funds reported $18.9B of Corpay stock for Q3 2020, down 4.7% quarter-over-quarter.
- 52 funds opened new Corpay positions in Q3 2020 and 74 closed out, a net change of -22 holders.
- The largest Corpay buyer in Q3 2020 was Capital World Investors, an estimated $674M added.
- The largest Corpay seller in Q3 2020 was Melvin Capital Management, an estimated $345M sold.
Based on aggregated 13F filings for Q3 2020.