Corpay
CPAY
498 hedge funds and large institutions have $20.1B invested in Corpay in 2019 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 146 increasing their positions, 209 reducing their positions, and 38 closing their positions.
103% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 38
33% more capital invested
Capital invested by funds: $15.2B → $20.1B (+$4.95B)
8% more funds holding
Funds holding: 462 → 498 (+36)
6% more funds holding in top 10
Funds holding in top 10: 16 → 17 (+1)
0.55% less ownership
Funds ownership: 95.68% → 95.13% (-0.55%)
30% less repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 209
48% less call options, than puts
Call options by funds: $61.1M | Put options by funds: $117M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$247M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$138M |
| 3 |
NIPH
NN Investment Partners Holdings
The Hague,
Netherlands
|
+$88.8M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$67.9M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$61.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$135M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$100M |
| 3 |
SCM
Steadfast Capital Management
New York
|
-$71.7M |
| 4 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$64.1M |
| 5 |
SGA
Sustainable Growth Advisers
Stamford,
Connecticut
|
-$62.7M |
CPAY Hedge Fund Activity: Q1 2019 in Review
498 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q1 2019, worth a combined $20.1B — up 33% from $15.2B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new CPAY positions and 38 closed out — a net gain of 39 holders — while 146 added to existing stakes and 209 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $247M. The largest seller was Jennison Associates, cutting an estimated $135M.
- 498 institutional investors held Corpay (CPAY) as of Q1 2019, up from 462 in Q4 2018.
- Funds reported $20.1B of Corpay stock for Q1 2019, up 33% quarter-over-quarter.
- 77 funds opened new Corpay positions in Q1 2019 and 38 closed out, a net change of +39 holders.
- The largest Corpay buyer in Q1 2019 was T. Rowe Price Associates, an estimated $247M added.
- The largest Corpay seller in Q1 2019 was Jennison Associates, an estimated $135M sold.
Based on aggregated 13F filings for Q1 2019.