Corpay
CPAY
580 hedge funds and large institutions have $23.8B invested in Corpay in 2019 Q4 according to their latest regulatory filings, with 86 funds opening new positions, 217 increasing their positions, 198 reducing their positions, and 54 closing their positions.
59% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 54
3% more funds holding
Funds holding: 561 → 580 (+19)
10% more repeat investments, than reductions
Existing positions increased: 217 | Existing positions reduced: 198
1% more capital invested
Capital invested by funds: $23.5B → $23.8B (+$329M)
0.63% more ownership
Funds ownership: 94.71% → 95.34% (+0.63%)
29% less funds holding in top 10
Funds holding in top 10: 14 → 10 (-4)
29% less call options, than puts
Call options by funds: $191M | Put options by funds: $268M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
+$130M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$129M |
| 3 |
Jennison Associates
New York
|
+$127M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$79M |
| 5 |
JP Morgan Chase
New York
|
+$60.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Steadfast Capital Management
New York
|
-$102M |
| 2 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$102M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$78.3M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$71M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$62.1M |
CPAY Hedge Fund Activity: Q4 2019 in Review
580 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q4 2019, worth a combined $23.8B — up 1.4% from $23.5B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new CPAY positions and 54 closed out — a net gain of 32 holders — while 217 added to existing stakes and 198 trimmed.
The largest buyer was Maverick Capital, adding an estimated $130M. The largest seller was Steadfast Capital Management, cutting an estimated $102M.
- 580 institutional investors held Corpay (CPAY) as of Q4 2019, up from 561 in Q3 2019.
- Funds reported $23.8B of Corpay stock for Q4 2019, up 1.4% quarter-over-quarter.
- 86 funds opened new Corpay positions in Q4 2019 and 54 closed out, a net change of +32 holders.
- The largest Corpay buyer in Q4 2019 was Maverick Capital, an estimated $130M added.
- The largest Corpay seller in Q4 2019 was Steadfast Capital Management, an estimated $102M sold.
Based on aggregated 13F filings for Q4 2019.