Corpay
CPAY
521 hedge funds and large institutions have $23B invested in Corpay in 2019 Q2 according to their latest regulatory filings, with 73 funds opening new positions, 204 increasing their positions, 166 reducing their positions, and 44 closing their positions.
66% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 44
23% more repeat investments, than reductions
Existing positions increased: 204 | Existing positions reduced: 166
14% more capital invested
Capital invested by funds: $20.1B → $23B (+$2.85B)
5% more funds holding
Funds holding: 498 → 521 (+23)
0.13% less ownership
Funds ownership: 95.13% → 95% (-0.13%)
1% less call options, than puts
Call options by funds: $143M | Put options by funds: $145M
18% less funds holding in top 10
Funds holding in top 10: 17 → 14 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$166M |
| 2 |
Jennison Associates
New York
|
+$112M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$105M |
| 4 |
BlackRock
New York
|
+$84.2M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$66.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$191M |
| 2 |
SGA
Sustainable Growth Advisers
Stamford,
Connecticut
|
-$110M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$92.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$90.3M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$61.9M |
CPAY Hedge Fund Activity: Q2 2019 in Review
521 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q2 2019, worth a combined $23B — up 14% from $20.1B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new CPAY positions and 44 closed out — a net gain of 29 holders — while 204 added to existing stakes and 166 trimmed.
The largest buyer was Nuveen, adding an estimated $166M. The largest seller was Brown Brothers Harriman & Co, cutting an estimated $191M.
- 521 institutional investors held Corpay (CPAY) as of Q2 2019, up from 498 in Q1 2019.
- Funds reported $23B of Corpay stock for Q2 2019, up 14% quarter-over-quarter.
- 73 funds opened new Corpay positions in Q2 2019 and 44 closed out, a net change of +29 holders.
- The largest Corpay buyer in Q2 2019 was Nuveen, an estimated $166M added.
- The largest Corpay seller in Q2 2019 was Brown Brothers Harriman & Co, an estimated $191M sold.
Based on aggregated 13F filings for Q2 2019.