Corpay
CPAY
587 hedge funds and large institutions have $17.4B invested in Corpay in 2024 Q2 according to their latest regulatory filings, with 89 funds opening new positions, 199 increasing their positions, 223 reducing their positions, and 67 closing their positions.
316% more call options, than puts
Call options by funds: $54.9M | Put options by funds: $13.2M
33% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 67
3% more funds holding
Funds holding: 571 → 587 (+16)
1.14% more ownership
Funds ownership: 91.65% → 92.79% (+1.1%)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
11% less repeat investments, than reductions
Existing positions increased: 199 | Existing positions reduced: 223
14% less capital invested
Capital invested by funds: $20.3B → $17.4B (-$2.94B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$270M |
| 2 |
Goldman Sachs
New York
|
+$184M |
| 3 |
JP Morgan Chase
New York
|
+$151M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$107M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$65.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$331M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$133M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$116M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$95.8M |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$87.7M |
CPAY Hedge Fund Activity: Q2 2024 in Review
587 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q2 2024, worth a combined $17.4B — down 14% from $20.3B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new CPAY positions and 67 closed out — a net gain of 22 holders — while 199 added to existing stakes and 223 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $270M. The largest seller was Wellington Management Group, cutting an estimated $331M.
- 587 institutional investors held Corpay (CPAY) as of Q2 2024, up from 571 in Q1 2024.
- Funds reported $17.4B of Corpay stock for Q2 2024, down 14% quarter-over-quarter.
- 89 funds opened new Corpay positions in Q2 2024 and 67 closed out, a net change of +22 holders.
- The largest Corpay buyer in Q2 2024 was Fidelity Investments, an estimated $270M added.
- The largest Corpay seller in Q2 2024 was Wellington Management Group, an estimated $331M sold.
Based on aggregated 13F filings for Q2 2024.