Corpay
CPAY
561 hedge funds and large institutions have $23.5B invested in Corpay in 2019 Q3 according to their latest regulatory filings, with 90 funds opening new positions, 201 increasing their positions, 197 reducing their positions, and 49 closing their positions.
84% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 49
8% more funds holding
Funds holding: 521 → 561 (+40)
2% more capital invested
Capital invested by funds: $22.9B → $23.5B (+$537M)
2% more repeat investments, than reductions
Existing positions increased: 201 | Existing positions reduced: 197
0% more funds holding in top 10
Funds holding in top 10: 14 → 14 (0)
0.28% less ownership
Funds ownership: 94.99% → 94.71% (-0.28%)
5% less call options, than puts
Call options by funds: $173M | Put options by funds: $182M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
+$261M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$153M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
+$112M |
| 4 |
BlackRock
New York
|
+$76.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$67.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$343M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$213M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$91M |
| 4 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$74.1M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$65.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
M
601
MOTCO
San Antonio,
Texas
| – | -$33K | -118 | Closed |
|
|
PCIA
602
Prime Capital Investment Advisors
Overland Park,
Kansas
| – | -$28K | -100 | Closed |
|
|
CC
603
Centiva Capital
New York
| – | -$28K | -98 | Closed |
|
|
LA
604
Legacy Advisors
Plymouth Meeting,
Pennsylvania
| – | -$15K | -55 | Closed |
|
|
LWCFA
605
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| – | -$7K | -26 | Closed |
|
|
SHJ
606
Sharkey, Howes & Javer
Denver,
Colorado
| – | -$6K | -20 | Closed |
|
|
AC
607
Avestar Capital
New York
| – | -$1K | -13 | Closed |
|
608
Parallax Volatility Advisers
San Francisco,
California
| – | -$3K | -9 | Closed |
|
|
BFEC
609
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$1K | -3 | Closed |
|
CPAY Hedge Fund Activity: Q3 2019 in Review
561 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q3 2019, worth a combined $23.5B — up 2.3% from $22.9B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new CPAY positions and 49 closed out — a net gain of 41 holders — while 201 added to existing stakes and 197 trimmed.
The largest buyer was Melvin Capital Management, opening a new position worth an estimated $261M. The largest seller was Wellington Management Group, cutting an estimated $343M.
- 561 institutional investors held Corpay (CPAY) as of Q3 2019, up from 521 in Q2 2019.
- Funds reported $23.5B of Corpay stock for Q3 2019, up 2.3% quarter-over-quarter.
- 90 funds opened new Corpay positions in Q3 2019 and 49 closed out, a net change of +41 holders.
- The largest Corpay buyer in Q3 2019 was Melvin Capital Management, an estimated $261M added.
- The largest Corpay seller in Q3 2019 was Wellington Management Group, an estimated $343M sold.
Based on aggregated 13F filings for Q3 2019.