Corpay
CPAY
571 hedge funds and large institutions have $20.3B invested in Corpay in 2024 Q1 according to their latest regulatory filings, with 84 funds opening new positions, 220 increasing their positions, 186 reducing their positions, and 85 closing their positions.
94% more call options, than puts
Call options by funds: $69.9M | Put options by funds: $36.1M
18% more repeat investments, than reductions
Existing positions increased: 220 | Existing positions reduced: 186
8% more capital invested
Capital invested by funds: $18.8B → $20.3B (+$1.52B)
0.44% less ownership
Funds ownership: 92.1% → 91.65% (-0.44%)
1% less funds holding
Funds holding: 576 → 571 (-5)
1% less first-time investments, than exits
New positions opened: 84 | Existing positions closed: 85
29% less funds holding in top 10
Funds holding in top 10: 14 → 10 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$229M |
| 2 |
Lazard Asset Management
New York
|
+$74.4M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$49.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$30.4M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$27.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$117M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$117M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$96.4M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$57.3M |
| 5 |
MMA
Mizuho Markets Americas
New York
|
-$56.8M |
CPAY Hedge Fund Activity: Q1 2024 in Review
571 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q1 2024, worth a combined $20.3B — up 8.1% from $18.8B a quarter earlier.
Sellers outnumbered buyers: 85 funds closed out of CPAY and 84 opened new positions — a net loss of 1 holder — while 186 trimmed existing stakes and 220 added.
The largest buyer was JP Morgan Chase, adding an estimated $229M. The largest seller was Goldman Sachs, exiting entirely with an estimated $117M sold.
- 571 institutional investors held Corpay (CPAY) as of Q1 2024, down from 576 in Q4 2023.
- Funds reported $20.3B of Corpay stock for Q1 2024, up 8.1% quarter-over-quarter.
- 84 funds opened new Corpay positions in Q1 2024 and 85 closed out, a net change of -1 holder.
- The largest Corpay buyer in Q1 2024 was JP Morgan Chase, an estimated $229M added.
- The largest Corpay seller in Q1 2024 was Goldman Sachs, an estimated $117M sold.
Based on aggregated 13F filings for Q1 2024.