Corpay
CPAY
421 hedge funds and large institutions have $16.3B invested in Corpay in 2017 Q4 according to their latest regulatory filings, with 90 funds opening new positions, 126 increasing their positions, 138 reducing their positions, and 34 closing their positions.
274% more call options, than puts
Call options by funds: $351M | Put options by funds: $94M
165% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 34
61% more funds holding in top 10
Funds holding in top 10: 18 → 29 (+11)
23% more capital invested
Capital invested by funds: $13.3B → $16.3B (+$3.03B)
15% more funds holding
Funds holding: 367 → 421 (+54)
1.21% more ownership
Funds ownership: 93.45% → 94.66% (+1.2%)
9% less repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 138
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$320M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$200M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$140M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$50.9M |
| 5 |
SGA
Sustainable Growth Advisers
Stamford,
Connecticut
|
+$47.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
-$249M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
-$157M |
| 3 |
TCP
Tourbillon Capital Partners
New York
|
-$107M |
| 4 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$66.7M |
| 5 |
MC
Maverick Capital
Dallas,
Texas
|
-$63.7M |
CPAY Hedge Fund Activity: Q4 2017 in Review
421 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q4 2017, worth a combined $16.3B — up 23% from $13.3B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new CPAY positions and 34 closed out — a net gain of 56 holders — while 126 added to existing stakes and 138 trimmed.
The largest buyer was BlackRock, adding an estimated $320M. The largest seller was Tiger Global Management, cutting an estimated $249M.
- 421 institutional investors held Corpay (CPAY) as of Q4 2017, up from 367 in Q3 2017.
- Funds reported $16.3B of Corpay stock for Q4 2017, up 23% quarter-over-quarter.
- 90 funds opened new Corpay positions in Q4 2017 and 34 closed out, a net change of +56 holders.
- The largest Corpay buyer in Q4 2017 was BlackRock, an estimated $320M added.
- The largest Corpay seller in Q4 2017 was Tiger Global Management, an estimated $249M sold.
Based on aggregated 13F filings for Q4 2017.