Corpay
CPAY
304 hedge funds and large institutions have $8.16B invested in Corpay in 2014 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 124 increasing their positions, 109 reducing their positions, and 61 closing their positions.
60% more call options, than puts
Call options by funds: $41.6M | Put options by funds: $26M
14% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 109
1.54% more ownership
Funds ownership: 84.65% → 86.19% (+1.5%)
0% more capital invested
Capital invested by funds: $8.16B → $8.16B (+$4.25M)
6% less funds holding in top 10
Funds holding in top 10: 16 → 15 (-1)
7% less funds holding
Funds holding: 328 → 304 (-24)
33% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$226M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$126M |
| 3 |
SC
Sculptor Capital
New York
|
+$120M |
| 4 |
SCP
Soroban Capital Partners
New York
|
+$111M |
| 5 |
JCMLC
JAT Capital Management LP (Connecticut)
Greenwich,
Connecticut
|
+$101M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$315M |
| 2 |
SP
Summit Partners
Boston,
Massachusetts
|
-$250M |
| 3 |
JP Morgan Chase
New York
|
-$140M |
| 4 |
Morgan Stanley
New York
|
-$46.7M |
| 5 |
VCM
Valiant Capital Management
San Francisco,
California
|
-$42M |
CPAY Hedge Fund Activity: Q1 2014 in Review
304 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q1 2014, worth a combined $8.16B — up 0.05% from $8.16B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of CPAY and 41 opened new positions — a net loss of 20 holders — while 109 trimmed existing stakes and 124 added.
The largest buyer was Jennison Associates, adding an estimated $226M. The largest seller was Fidelity Investments, cutting an estimated $315M.
- 304 institutional investors held Corpay (CPAY) as of Q1 2014, down from 328 in Q4 2013.
- Funds reported $8.16B of Corpay stock for Q1 2014, up 0.05% quarter-over-quarter.
- 41 funds opened new Corpay positions in Q1 2014 and 61 closed out, a net change of -20 holders.
- The largest Corpay buyer in Q1 2014 was Jennison Associates, an estimated $226M added.
- The largest Corpay seller in Q1 2014 was Fidelity Investments, an estimated $315M sold.
Based on aggregated 13F filings for Q1 2014.