Corpay
CPAY
367 hedge funds and large institutions have $13.3B invested in Corpay in 2017 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 146 increasing their positions, 116 reducing their positions, and 27 closing their positions.
657% more call options, than puts
Call options by funds: $483M | Put options by funds: $63.9M
56% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 27
26% more repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 116
2% more funds holding
Funds holding: 360 → 367 (+7)
2% more capital invested
Capital invested by funds: $13B → $13.3B (+$301M)
0% more funds holding in top 10
Funds holding in top 10: 18 → 18 (0)
4.17% less ownership
Funds ownership: 97.62% → 93.45% (-4.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
+$109M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$94.3M |
| 3 |
Viking Global Investors
Stamford,
Connecticut
|
+$79.2M |
| 4 |
Tiger Global Management
New York
|
+$75.7M |
| 5 |
Millennium Management
New York
|
+$72.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$845M |
| 2 |
BRC
Blue Ridge Capital
New York
|
-$175M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$122M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$76.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$55.3M |
CPAY Hedge Fund Activity: Q3 2017 in Review
367 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q3 2017, worth a combined $13.3B — up 2.3% from $13B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new CPAY positions and 27 closed out — a net gain of 15 holders — while 146 added to existing stakes and 116 trimmed.
The largest buyer was Maverick Capital, opening a new position worth an estimated $109M. The largest seller was Lone Pine Capital, cutting an estimated $845M.
- 367 institutional investors held Corpay (CPAY) as of Q3 2017, up from 360 in Q2 2017.
- Funds reported $13.3B of Corpay stock for Q3 2017, up 2.3% quarter-over-quarter.
- 42 funds opened new Corpay positions in Q3 2017 and 27 closed out, a net change of +15 holders.
- The largest Corpay buyer in Q3 2017 was Maverick Capital, an estimated $109M added.
- The largest Corpay seller in Q3 2017 was Lone Pine Capital, an estimated $845M sold.
Based on aggregated 13F filings for Q3 2017.