Corpay
CPAY
315 hedge funds and large institutions have $10.6B invested in Corpay in 2014 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 121 increasing their positions, 123 reducing their positions, and 30 closing their positions.
17% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 30
13% more funds holding in top 10
Funds holding in top 10: 15 → 17 (+2)
10% more capital invested
Capital invested by funds: $9.64B → $10.6B (+$993M)
1.76% more ownership
Funds ownership: 88.18% → 89.94% (+1.8%)
2% more funds holding
Funds holding: 310 → 315 (+5)
2% less repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 123
6% less call options, than puts
Call options by funds: $22.3M | Put options by funds: $23.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
+$96.9M |
| 2 |
SC
Sculptor Capital
New York
|
+$79.1M |
| 3 |
Jennison Associates
New York
|
+$78.1M |
| 4 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$75.8M |
| 5 |
SCM
Steadfast Capital Management
New York
|
+$75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$83M |
| 2 |
ACM
Apex Capital Management
Dayton,
Ohio
|
-$58.3M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$53.9M |
| 4 |
MGC
Merchants' Gate Capital
New York
|
-$44.3M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
-$41.8M |
CPAY Hedge Fund Activity: Q3 2014 in Review
315 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q3 2014, worth a combined $10.6B — up 10% from $9.64B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new CPAY positions and 30 closed out — a net gain of 5 holders — while 121 added to existing stakes and 123 trimmed.
The largest buyer was Maverick Capital, adding an estimated $96.9M. The largest seller was OppenheimerFunds, cutting an estimated $83M.
- 315 institutional investors held Corpay (CPAY) as of Q3 2014, up from 310 in Q2 2014.
- Funds reported $10.6B of Corpay stock for Q3 2014, up 10% quarter-over-quarter.
- 35 funds opened new Corpay positions in Q3 2014 and 30 closed out, a net change of +5 holders.
- The largest Corpay buyer in Q3 2014 was Maverick Capital, an estimated $96.9M added.
- The largest Corpay seller in Q3 2014 was OppenheimerFunds, an estimated $83M sold.
Based on aggregated 13F filings for Q3 2014.