Corpay
CPAY
553 hedge funds and large institutions have $17.2B invested in Corpay in 2023 Q3 according to their latest regulatory filings, with 82 funds opening new positions, 172 increasing their positions, 224 reducing their positions, and 57 closing their positions.
75% more call options, than puts
Call options by funds: $66.6M | Put options by funds: $38.1M
44% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 57
4% more funds holding
Funds holding: 530 → 553 (+23)
0% more funds holding in top 10
Funds holding in top 10: 15 → 15 (0)
2% less capital invested
Capital invested by funds: $17.6B → $17.2B (-$400M)
4.05% less ownership
Funds ownership: 95.08% → 91.03% (-4%)
23% less repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 224
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$127M |
| 2 |
MMA
Mizuho Markets Americas
New York
|
+$72.6M |
| 3 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$63.9M |
| 4 |
CIP
Cornerstone Investment Partners
Atlanta,
Georgia
|
+$35.1M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$33.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$264M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$145M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$136M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$88.3M |
| 5 |
JP Morgan Chase
New York
|
-$68.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSG
601
Summit Securities Group
New York
| – | -$24K | -96 | Closed |
|
|
BWS
602
Buck Wealth Strategies
Denver,
Colorado
| – | -$15.3K | -61 | Closed |
|
|
CFO
603
CVA Family Office
Denver,
Colorado
| – | -$13.8K | -55 | Closed |
|
604
Optiver Holding
Amsterdam,
Netherlands
| – | -$12.3K | -49 | Closed |
|
|
TAIM
605
TD Ameritrade Investment Management
Omaha,
Nebraska
| – | -$12K | -47 | Closed |
|
|
BWM
606
Baystate Wealth Management
Boston,
Massachusetts
| – | -$6.28K | -25 | Closed |
|
|
SF
607
Safeguard Financial
Minocqua,
Wisconsin
| – | -$5K | -23 | Closed |
|
|
AF
608
Advisornet Financial
Minnetonka,
Minnesota
| – | -$3.77K | -15 | Closed |
|
|
DI
609
Disciplined Investments
Tulsa,
Oklahoma
| – | -$3.52K | -14 | Closed |
|
|
SIA
610
SkyView Investment Advisors
Shrewsbury,
New Jersey
| – | -$1K | -4 | Closed |
|
CPAY Hedge Fund Activity: Q3 2023 in Review
553 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q3 2023, worth a combined $17.2B — down 2.3% from $17.6B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new CPAY positions and 57 closed out — a net gain of 25 holders — while 172 added to existing stakes and 224 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $127M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $264M.
- 553 institutional investors held Corpay (CPAY) as of Q3 2023, up from 530 in Q2 2023.
- Funds reported $17.2B of Corpay stock for Q3 2023, down 2.3% quarter-over-quarter.
- 82 funds opened new Corpay positions in Q3 2023 and 57 closed out, a net change of +25 holders.
- The largest Corpay buyer in Q3 2023 was Massachusetts Financial Services, an estimated $127M added.
- The largest Corpay seller in Q3 2023 was T. Rowe Price Investment Management, an estimated $264M sold.
Based on aggregated 13F filings for Q3 2023.