Corpay
CPAY
375 hedge funds and large institutions have $12.5B invested in Corpay in 2016 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 122 increasing their positions, 141 reducing their positions, and 61 closing their positions.
8% more call options, than puts
Call options by funds: $9.95M | Put options by funds: $9.24M
7% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 61
7% more capital inflows, than outflows
Capital inflows: $2.06B | Capital outflows: $1.94B
0.61% more ownership
Funds ownership: 94.27% → 94.88% (+0.61%)
2% less funds holding
Funds holding: 381 → 375 (-6)
13% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 141
25% less funds holding in top 10
Funds holding in top 10: 28 → 21 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$412M |
| 2 |
Maverick Capital
Dallas,
Texas
|
+$272M |
| 3 |
Farallon Capital Management
San Francisco,
California
|
+$124M |
| 4 |
SCM
Steadfast Capital Management
New York
|
+$113M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$85.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sculptor Capital
New York
|
-$366M |
| 2 |
Sachem Head Capital Management
New York
|
-$139M |
| 3 |
VM
Valinor Management
New York
|
-$119M |
| 4 |
Morgan Stanley
New York
|
-$105M |
| 5 |
Waddell & Reed Financial
Overland Park,
Kansas
|
-$78.3M |
CPAY Hedge Fund Activity: Q4 2016 in Review
375 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q4 2016, worth a combined $12.5B — down 18% from $15.2B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new CPAY positions and 61 closed out — a net gain of 4 holders — while 122 added to existing stakes and 141 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $412M. The largest seller was Sculptor Capital, exiting entirely with an estimated $366M sold.
- 375 institutional investors held Corpay (CPAY) as of Q4 2016, down from 381 in Q3 2016.
- Funds reported $12.5B of Corpay stock for Q4 2016, down 18% quarter-over-quarter.
- 65 funds opened new Corpay positions in Q4 2016 and 61 closed out, a net change of +4 holders.
- The largest Corpay buyer in Q4 2016 was T. Rowe Price Associates, an estimated $412M added.
- The largest Corpay seller in Q4 2016 was Sculptor Capital, an estimated $366M sold.
Based on aggregated 13F filings for Q4 2016.