Corpay
CPAY
544 hedge funds and large institutions have $20.5B invested in Corpay in 2021 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 185 increasing their positions, 214 reducing their positions, and 69 closing their positions.
0.51% less ownership
Funds ownership: 92.01% → 91.51% (-0.51%)
2% less capital invested
Capital invested by funds: $20.9B → $20.5B (-$422M)
2% less funds holding
Funds holding: 556 → 544 (-12)
13% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 69
14% less repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 214
21% less call options, than puts
Call options by funds: $50.9M | Put options by funds: $64.8M
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$801M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$181M |
| 3 |
Viking Global Investors
Stamford,
Connecticut
|
+$98.5M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$95M |
| 5 |
SGA
Sustainable Growth Advisers
Stamford,
Connecticut
|
+$72.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$362M |
| 2 |
PCM
Palestra Capital Management
New York
|
-$177M |
| 3 |
SCM
Steadfast Capital Management
New York
|
-$135M |
| 4 |
MC
Maverick Capital
Dallas,
Texas
|
-$118M |
| 5 |
JP Morgan Chase
New York
|
-$93.8M |
CPAY Hedge Fund Activity: Q1 2021 in Review
544 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q1 2021, worth a combined $20.5B — down 2% from $20.9B a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of CPAY and 60 opened new positions — a net loss of 9 holders — while 214 trimmed existing stakes and 185 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $801M. The largest seller was Brown Brothers Harriman & Co, cutting an estimated $362M.
- 544 institutional investors held Corpay (CPAY) as of Q1 2021, down from 556 in Q4 2020.
- Funds reported $20.5B of Corpay stock for Q1 2021, down 2% quarter-over-quarter.
- 60 funds opened new Corpay positions in Q1 2021 and 69 closed out, a net change of -9 holders.
- The largest Corpay buyer in Q1 2021 was T. Rowe Price Associates, an estimated $801M added.
- The largest Corpay seller in Q1 2021 was Brown Brothers Harriman & Co, an estimated $362M sold.
Based on aggregated 13F filings for Q1 2021.