Corpay
CPAY
576 hedge funds and large institutions have $18.8B invested in Corpay in 2023 Q4 according to their latest regulatory filings, with 87 funds opening new positions, 204 increasing their positions, 217 reducing their positions, and 56 closing their positions.
55% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 56
9% more capital invested
Capital invested by funds: $17.2B → $18.8B (+$1.59B)
4% more funds holding
Funds holding: 554 → 576 (+22)
1.07% more ownership
Funds ownership: 91.03% → 92.1% (+1.1%)
6% less repeat investments, than reductions
Existing positions increased: 204 | Existing positions reduced: 217
7% less funds holding in top 10
Funds holding in top 10: 15 → 14 (-1)
38% less call options, than puts
Call options by funds: $43.6M | Put options by funds: $70.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$167M |
| 2 |
TP
Third Point
New York
|
+$153M |
| 3 |
Tiger Global Management
New York
|
+$129M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$61M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$44.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$221M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$212M |
| 3 |
DCP
DSM Capital Partners
Palm Beach Gardens,
Florida
|
-$135M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$124M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$86.9M |
CPAY Hedge Fund Activity: Q4 2023 in Review
576 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q4 2023, worth a combined $18.8B — up 9.3% from $17.2B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new CPAY positions and 56 closed out — a net gain of 31 holders — while 204 added to existing stakes and 217 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $167M. The largest seller was Boston Partners, cutting an estimated $221M.
- 576 institutional investors held Corpay (CPAY) as of Q4 2023, up from 554 in Q3 2023.
- Funds reported $18.8B of Corpay stock for Q4 2023, up 9.3% quarter-over-quarter.
- 87 funds opened new Corpay positions in Q4 2023 and 56 closed out, a net change of +31 holders.
- The largest Corpay buyer in Q4 2023 was JP Morgan Chase, an estimated $167M added.
- The largest Corpay seller in Q4 2023 was Boston Partners, an estimated $221M sold.
Based on aggregated 13F filings for Q4 2023.