Corpay
CPAY
360 hedge funds and large institutions have $13B invested in Corpay in 2017 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 128 increasing their positions, 137 reducing their positions, and 82 closing their positions.
1,335% more call options, than puts
Call options by funds: $416M | Put options by funds: $29M
1.82% more ownership
Funds ownership: 95.8% → 97.62% (+1.8%)
3% less capital invested
Capital invested by funds: $13.3B → $13B (-$337M)
7% less repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 137
8% less funds holding
Funds holding: 390 → 360 (-30)
18% less funds holding in top 10
Funds holding in top 10: 22 → 18 (-4)
30% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 82
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$469M |
| 2 |
BBHC
Brown Brothers Harriman & Co
New York
|
+$326M |
| 3 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$293M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$265M |
| 5 |
SCM
Steadfast Capital Management
New York
|
+$209M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$316M |
| 2 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
-$184M |
| 3 |
HCM
Highline Capital Management
New York
|
-$167M |
| 4 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$155M |
| 5 |
BlackRock
New York
|
-$134M |
CPAY Hedge Fund Activity: Q2 2017 in Review
360 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q2 2017, worth a combined $13B — down 2.5% from $13.3B a quarter earlier.
Sellers outnumbered buyers: 82 funds closed out of CPAY and 57 opened new positions — a net loss of 25 holders — while 137 trimmed existing stakes and 128 added.
The largest buyer was Capital Research Global Investors, adding an estimated $469M. The largest seller was Winslow Capital Management, cutting an estimated $316M.
- 360 institutional investors held Corpay (CPAY) as of Q2 2017, down from 390 in Q1 2017.
- Funds reported $13B of Corpay stock for Q2 2017, down 2.5% quarter-over-quarter.
- 57 funds opened new Corpay positions in Q2 2017 and 82 closed out, a net change of -25 holders.
- The largest Corpay buyer in Q2 2017 was Capital Research Global Investors, an estimated $469M added.
- The largest Corpay seller in Q2 2017 was Winslow Capital Management, an estimated $316M sold.
Based on aggregated 13F filings for Q2 2017.