Corpay
CPAY
511 hedge funds and large institutions have $14.7B invested in Corpay in 2023 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 199 increasing their positions, 171 reducing their positions, and 82 closing their positions.
88% more call options, than puts
Call options by funds: $50.5M | Put options by funds: $26.8M
25% more funds holding in top 10
Funds holding in top 10: 12 → 15 (+3)
21% more capital invested
Capital invested by funds: $12.1B → $14.7B (+$2.6B)
16% more repeat investments, than reductions
Existing positions increased: 199 | Existing positions reduced: 171
4.92% more ownership
Funds ownership: 90.35% → 95.27% (+4.9%)
9% less first-time investments, than exits
New positions opened: 75 | Existing positions closed: 82
3% less funds holding
Funds holding: 525 → 511 (-14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$315M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$157M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$134M |
| 4 |
MMA
Mizuho Markets Americas
New York
|
+$114M |
| 5 |
MMC
Mizuho Markets Cayman
Grand Cayman,
Cayman Islands
|
+$114M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$56.4M |
| 2 |
SGA
Sustainable Growth Advisers
Stamford,
Connecticut
|
-$49.7M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$48.8M |
| 4 |
JCM
Junto Capital Management
New York
|
-$44.8M |
| 5 |
PCM
Parsifal Capital Management
Greenwich,
Connecticut
|
-$39.4M |
CPAY Hedge Fund Activity: Q1 2023 in Review
511 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q1 2023, worth a combined $14.7B — up 21% from $12.1B a quarter earlier.
Sellers outnumbered buyers: 82 funds closed out of CPAY and 75 opened new positions — a net loss of 7 holders — while 171 trimmed existing stakes and 199 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $315M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $56.4M sold.
- 511 institutional investors held Corpay (CPAY) as of Q1 2023, down from 525 in Q4 2022.
- Funds reported $14.7B of Corpay stock for Q1 2023, up 21% quarter-over-quarter.
- 75 funds opened new Corpay positions in Q1 2023 and 82 closed out, a net change of -7 holders.
- The largest Corpay buyer in Q1 2023 was T. Rowe Price Associates, an estimated $315M added.
- The largest Corpay seller in Q1 2023 was Arrowstreet Capital, an estimated $56.4M sold.
Based on aggregated 13F filings for Q1 2023.