Corpay
CPAY
355 hedge funds and large institutions have $12.3B invested in Corpay in 2016 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 152 increasing their positions, 107 reducing their positions, and 25 closing their positions.
112% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 25
42% more repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 107
8% more funds holding
Funds holding: 329 → 355 (+26)
0.72% more ownership
Funds ownership: 92.11% → 92.83% (+0.72%)
3% less capital invested
Capital invested by funds: $12.7B → $12.3B (-$389M)
19% less funds holding in top 10
Funds holding in top 10: 32 → 26 (-6)
61% less call options, than puts
Call options by funds: $14.9M | Put options by funds: $38M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$108M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
+$78.7M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$70.2M |
| 4 |
SCP
Soroban Capital Partners
New York
|
+$69.7M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$47.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HP
Hound Partners
New York
|
-$228M |
| 2 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$104M |
| 3 |
HCM
Hitchwood Capital Management
New York
|
-$89.3M |
| 4 |
SCA
Southpoint Capital Advisors
New York
|
-$70.7M |
| 5 |
Tiger Global Management
New York
|
-$52.8M |
CPAY Hedge Fund Activity: Q2 2016 in Review
355 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q2 2016, worth a combined $12.3B — down 3.1% from $12.7B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new CPAY positions and 25 closed out — a net gain of 28 holders — while 152 added to existing stakes and 107 trimmed.
The largest buyer was Winslow Capital Management, adding an estimated $108M. The largest seller was Hound Partners, cutting an estimated $228M.
- 355 institutional investors held Corpay (CPAY) as of Q2 2016, up from 329 in Q1 2016.
- Funds reported $12.3B of Corpay stock for Q2 2016, down 3.1% quarter-over-quarter.
- 53 funds opened new Corpay positions in Q2 2016 and 25 closed out, a net change of +28 holders.
- The largest Corpay buyer in Q2 2016 was Winslow Capital Management, an estimated $108M added.
- The largest Corpay seller in Q2 2016 was Hound Partners, an estimated $228M sold.
Based on aggregated 13F filings for Q2 2016.