Corpay
CPAY
420 hedge funds and large institutions have $16.9B invested in Corpay in 2018 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 130 increasing their positions, 169 reducing their positions, and 57 closing their positions.
39% more call options, than puts
Call options by funds: $145M | Put options by funds: $105M
5% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 57
3% more capital invested
Capital invested by funds: $16.3B → $16.9B (+$562M)
0% less funds holding
Funds holding: 421 → 420 (-1)
1.83% less ownership
Funds ownership: 94.66% → 92.83% (-1.8%)
23% less repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 169
28% less funds holding in top 10
Funds holding in top 10: 29 → 21 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$206M |
| 2 |
SHCM
Sachem Head Capital Management
New York
|
+$114M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$106M |
| 4 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$71M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$48.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$81.2M |
| 2 |
1WCM
12 West Capital Management
New York
|
-$71.3M |
| 3 |
SCA
Southpoint Capital Advisors
New York
|
-$70.1M |
| 4 |
MCM
Melvin Capital Management
New York
|
-$69.6M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$66.1M |
CPAY Hedge Fund Activity: Q1 2018 in Review
420 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q1 2018, worth a combined $16.9B — up 3.4% from $16.3B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new CPAY positions and 57 closed out — a net gain of 3 holders — while 130 added to existing stakes and 169 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $206M. The largest seller was Ameriprise, cutting an estimated $81.2M.
- 420 institutional investors held Corpay (CPAY) as of Q1 2018, down from 421 in Q4 2017.
- Funds reported $16.9B of Corpay stock for Q1 2018, up 3.4% quarter-over-quarter.
- 60 funds opened new Corpay positions in Q1 2018 and 57 closed out, a net change of +3 holders.
- The largest Corpay buyer in Q1 2018 was Fidelity Investments, an estimated $206M added.
- The largest Corpay seller in Q1 2018 was Ameriprise, an estimated $81.2M sold.
Based on aggregated 13F filings for Q1 2018.