Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Corpay Inc (CPAY)

673 + Investors. Track Smart Money conviction in CPAY. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +23
Streak
1Q ▲
Buyers last Q
57%

Smart Money Signals — CPAY

Based on 676 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added CPAY than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
676 hedge funds hold CPAY right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding CPAY is almost the same as a year ago (+6 funds, +1% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 57% buying

379 buying288 selling
Last quarter: 379 funds bought or added vs 288 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~100 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 86 → 74 → 104 → 100. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

47% of holders stayed for 2+ years

■ 47% conviction (2yr+) ■ 32% medium ■ 21% new
317 out of 676 hedge funds have held CPAY for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

86 → 86 → 74 → 104 → 100 new funds/Q
New funds entering each quarter: 86 → 74 → 104 → 100. A growing number of institutions are discovering CPAY each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
📊

Mixed cohorts — 2% veterans, 27% new entrants

■ 2% veterans ■ 70% 1-2yr ■ 27% new
Of 690 current holders: 16 (2%) held 2+ years, 486 held 1–2 years, 188 (27%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
✅

Strong quality — 35% AUM from major funds

35% from top-100 AUM funds
58 of 676 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CPAY

In 2026 Q1, 379 hedge funds were net buyers of CPAY (100 opened a new position, 279 added to an existing one), while 288 reduced or exited (211 trimmed, 77 sold completely) — a 57% buyer ratio, indicating a slight buying edge. 35% of total institutional value in CPAY is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +23 funds (more new holders than closures). Total institutional holders: 676.

Hedge Fund Ownership: CPAY

How many hedge funds hold CPAY — quarterly history vs. share price
Quarterly hedge fund ownership of CPAY vs. share price

Market Analysis: CPAY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CPAY

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Corpay Inc (CPAY) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CPAY has moved relative to its sector benchmark (XLK) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 75d ago
CPAY
+22.4%
XLK
+39.1%

CPAY outperformed XLK by -16.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
CPAY
+8.5%
XLK
+4.8%

Since the filing became public, CPAY outperformed XLK by +3.7% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

48 top-rated funds 3 high-conviction
Consensus
7.3
/ 10
breadth
×
Elite
4.2
/ 10
conviction
Hedge Fund Positioning: CPAY
673 + Investors

Track Smart Money conviction in CPAY. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 673 653 3.06%
13F Shares 60M 67M -11.07%
Total Value $16.31B $19.26B -15.34%
New Positions 98 104 -6
Increased Positions 276 224 +52
Closed Positions 78 114 -36
Reduced Positions 207 235 -28
Total Calls 8 7 14.29%
Total Puts 9 6 50.0%
PUT/CALL Ratio 1.12 0.86 Neutral

Statistics: CPAY

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

673 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CPAY. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CPAY holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Sellaronda Global Management LP 14.31% 75,000 $21.8M
2 Long Path Partners LP 11.67% 88,295 $25.7M
3 Spruce House Investment Management LLC 9.14% 880,000 $256.1M
4 BloombergSen Inc. 7.23% 326,425 $95.0M
5 Petrus Trust Company, LTA 6.74% 212,000 $61.7M
6 Orbis Allan Gray Ltd 6.56% 5,345,425 $1.56B
7 Hawk Ridge Capital Management LP 5.63% 532,180 $154.9M
8 Provident Investment Management, Inc. 5.17% 179,092 $52.1M
9 Stanley Capital Management, LLC 3.88% 79,790 $23.2M
10 Heron Bay Capital Management 3.49% 130,106 $37.9M
11 Vantage Investment Partners, LLC 3.44% 171,571 $49.9M
12 Lyrical Asset Management LP 2.75% 618,656 $180.0M
13 Steamboat Capital Partners, LLC 2.53% 35,000 $10.2M
14 Capital Investment Services of America, Inc. 2.33% 76,664 $22.3M
15 Van Lanschot Kempen Investment Management N.V. 2.33% 912,107 $265.4M
16 Compound Global Advisors, LLC 2.26% 250 $73K
17 Tiger Global Management LLC 2.23% 1,752,146 $509.9M
18 Philosophy Capital Management LLC 2.13% 119,449 $34.8M
19 Hendershot Investments Inc. 2.08% 53,258 $15.5M
20 Ceera Investments, LLC 2.01% 15,778 $4.6M
21 Graphene Investments SAS 1.86% 9,500 $2.8M
22 Soros Capital Management LLC 1.62% 12,831 $3.7M
23 Meridian Management Co 1.60% 22,148 $6.4M
24 Select Equity Group, L.P. 1.58% 1,063,946 $309.6M
25 Cloverfields Capital Group, LP 1.55% 16,440 $4.8M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Corpay Inc (CPAY)

What does the Smart Money Trend signal show for CPAY?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added CPAY than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CPAY?

Slight buying edge — 57% buying: Last quarter: 379 funds bought or added vs 288 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CPAY holders?

Strong quality — 35% AUM from major funds: 58 of 676 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held CPAY?

47% of holders stayed for 2+ years: 317 out of 676 hedge funds have held CPAY for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Corpay Inc (CPAY) following the 2026 Q1 hedge fund 13F filings?

As of today, CPAY has moved +8.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLK sector ETF — an outperformance of +3.7%. Since the quarter end (March 31, 2026), CPAY has gained +22.4% vs +39.1% for XLK. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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