Corpay
CPAY
562 hedge funds and large institutions have $23.5B invested in Corpay in 2019 Q3 according to their latest regulatory filings, with 91 funds opening new positions, 202 increasing their positions, 196 reducing their positions, and 49 closing their positions.
86% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 49
8% more funds holding
Funds holding: 521 → 562 (+41)
3% more repeat investments, than reductions
Existing positions increased: 202 | Existing positions reduced: 196
2% more capital invested
Capital invested by funds: $23B → $23.5B (+$522M)
0% more funds holding in top 10
Funds holding in top 10: 14 → 14 (0)
0.29% less ownership
Funds ownership: 95% → 94.71% (-0.29%)
5% less call options, than puts
Call options by funds: $173M | Put options by funds: $182M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
+$261M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$153M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
+$112M |
| 4 |
BlackRock
New York
|
+$76.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$67.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$343M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$213M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$91M |
| 4 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$74.1M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$65.2M |
CPAY Hedge Fund Activity: Q3 2019 in Review
562 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q3 2019, worth a combined $23.5B — up 2.3% from $23B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new CPAY positions and 49 closed out — a net gain of 42 holders — while 202 added to existing stakes and 196 trimmed.
The largest buyer was Melvin Capital Management, opening a new position worth an estimated $261M. The largest seller was Wellington Management Group, cutting an estimated $343M.
- 562 institutional investors held Corpay (CPAY) as of Q3 2019, up from 521 in Q2 2019.
- Funds reported $23.5B of Corpay stock for Q3 2019, up 2.3% quarter-over-quarter.
- 91 funds opened new Corpay positions in Q3 2019 and 49 closed out, a net change of +42 holders.
- The largest Corpay buyer in Q3 2019 was Melvin Capital Management, an estimated $261M added.
- The largest Corpay seller in Q3 2019 was Wellington Management Group, an estimated $343M sold.
Based on aggregated 13F filings for Q3 2019.