Corpay
CPAY
339 hedge funds and large institutions have $12.3B invested in Corpay in 2015 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 139 increasing their positions, 114 reducing their positions, and 33 closing their positions.
63% more capital inflows, than outflows
Capital inflows: $1.21B | Capital outflows: $741M
52% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 33
22% more repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 114
12% more funds holding in top 10
Funds holding in top 10: 17 → 19 (+2)
4% more funds holding
Funds holding: 325 → 339 (+14)
3% more ownership
Funds ownership: 83.12% → 86.12% (+3%)
55% less call options, than puts
Call options by funds: $152M | Put options by funds: $341M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$162M |
| 2 |
BRC
Blue Ridge Capital
New York
|
+$145M |
| 3 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
+$137M |
| 4 |
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$50.8M |
| 5 |
Laurion Capital Management
New York
|
+$38.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Third Point
New York
|
-$106M |
| 2 |
SCM
Steadfast Capital Management
New York
|
-$58.6M |
| 3 |
Morgan Stanley
New York
|
-$45.6M |
| 4 |
Discovery Capital Management
South Norwalk,
Connecticut
|
-$43.6M |
| 5 |
Chilton Investment Company
Stamford,
Connecticut
|
-$30.9M |
CPAY Hedge Fund Activity: Q2 2015 in Review
339 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q2 2015, worth a combined $12.3B — up 7.3% from $11.5B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new CPAY positions and 33 closed out — a net gain of 17 holders — while 139 added to existing stakes and 114 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $162M. The largest seller was Third Point, exiting entirely with an estimated $106M sold.
- 339 institutional investors held Corpay (CPAY) as of Q2 2015, up from 325 in Q1 2015.
- Funds reported $12.3B of Corpay stock for Q2 2015, up 7.3% quarter-over-quarter.
- 50 funds opened new Corpay positions in Q2 2015 and 33 closed out, a net change of +17 holders.
- The largest Corpay buyer in Q2 2015 was Fidelity Investments, an estimated $162M added.
- The largest Corpay seller in Q2 2015 was Third Point, an estimated $106M sold.
Based on aggregated 13F filings for Q2 2015.