Corpay
CPAY
329 hedge funds and large institutions have $12.7B invested in Corpay in 2016 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 126 increasing their positions, 121 reducing their positions, and 64 closing their positions.
136% more call options, than puts
Call options by funds: $74.2M | Put options by funds: $31.4M
39% more funds holding in top 10
Funds holding in top 10: 23 → 32 (+9)
5% more capital invested
Capital invested by funds: $12.1B → $12.7B (+$637M)
4% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 121
0.62% more ownership
Funds ownership: 91.49% → 92.11% (+0.62%)
7% less funds holding
Funds holding: 353 → 329 (-24)
33% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBHC
Brown Brothers Harriman & Co
New York
|
+$267M |
| 2 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$241M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$110M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$107M |
| 5 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$96.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
-$193M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$170M |
| 3 |
Tiger Global Management
New York
|
-$124M |
| 4 |
SC
Sculptor Capital
New York
|
-$90.5M |
| 5 |
JP Morgan Chase
New York
|
-$72.3M |
CPAY Hedge Fund Activity: Q1 2016 in Review
329 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q1 2016, worth a combined $12.7B — up 5.3% from $12.1B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of CPAY and 43 opened new positions — a net loss of 21 holders — while 121 trimmed existing stakes and 126 added.
The largest buyer was Brown Brothers Harriman & Co, opening a new position worth an estimated $267M. The largest seller was Maverick Capital, exiting entirely with an estimated $193M sold.
- 329 institutional investors held Corpay (CPAY) as of Q1 2016, down from 353 in Q4 2015.
- Funds reported $12.7B of Corpay stock for Q1 2016, up 5.3% quarter-over-quarter.
- 43 funds opened new Corpay positions in Q1 2016 and 64 closed out, a net change of -21 holders.
- The largest Corpay buyer in Q1 2016 was Brown Brothers Harriman & Co, an estimated $267M added.
- The largest Corpay seller in Q1 2016 was Maverick Capital, an estimated $193M sold.
Based on aggregated 13F filings for Q1 2016.