Corpay
CPAY
258 hedge funds and large institutions have $7.56B invested in Corpay in 2013 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 92 increasing their positions, 92 reducing their positions, and 29 closing their positions.
90% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 29
34% more capital invested
Capital invested by funds: $5.64B → $7.56B (+$1.93B)
10% more funds holding
Funds holding: 234 → 258 (+24)
6% more funds holding in top 10
Funds holding in top 10: 18 → 19 (+1)
0% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 92
1.21% less ownership
Funds ownership: 85.28% → 84.07% (-1.2%)
72% less call options, than puts
Call options by funds: $15.3M | Put options by funds: $53.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$137M |
| 2 |
CCI
Columbus Circle Investors
|
+$76.3M |
| 3 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$46.4M |
| 4 |
Jennison Associates
New York
|
+$38.5M |
| 5 |
Two Sigma Investments
New York
|
+$30.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SP
Summit Partners
Boston,
Massachusetts
|
-$195M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$77M |
| 3 |
HP
Hound Partners
New York
|
-$52.5M |
| 4 |
SC
Sculptor Capital
New York
|
-$31.6M |
| 5 |
SCM
Steadfast Capital Management
New York
|
-$31.5M |
CPAY Hedge Fund Activity: Q3 2013 in Review
258 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q3 2013, worth a combined $7.56B — up 34% from $5.64B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new CPAY positions and 29 closed out — a net gain of 26 holders — while 92 added to existing stakes and 92 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $137M. The largest seller was Summit Partners, cutting an estimated $195M.
- 258 institutional investors held Corpay (CPAY) as of Q3 2013, up from 234 in Q2 2013.
- Funds reported $7.56B of Corpay stock for Q3 2013, up 34% quarter-over-quarter.
- 55 funds opened new Corpay positions in Q3 2013 and 29 closed out, a net change of +26 holders.
- The largest Corpay buyer in Q3 2013 was Morgan Stanley, an estimated $137M added.
- The largest Corpay seller in Q3 2013 was Summit Partners, an estimated $195M sold.
Based on aggregated 13F filings for Q3 2013.