Vault-13

CORPAY INC CPAY

COM SHS · Common Stock · CUSIP 219948106 · ISIN US2199481068

U.S. financial services company

563 institutional holders +559 vs Q4 2023
71,146,87171.1m shares reported held*
101.3% of all shares outstanding*
$21.9bnreported value*
549 new 2 added 0 reduced 0 sold out net bought ≈ $21.9bn (+71.1m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($57.3m this quarter). Holder counts are more reliable. Shares outstanding: 70.3m as of 2024-05-02, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $308.46. Options: 13 managers hold calls ($69.9m notional), 14 hold puts ($33.8m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 2Q4 22: 2Q1 23: 2Q2 23: 2Q3 23: 2Q4 23: 4Q1 24: 563563Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 20222
Q4 20222
Q1 20232
Q2 20232
Q3 20232
Q4 20234
Q1 2024563

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1k01kQ4 22: 0 bought or addedQ4 22: 0 cut or sold outQ4 22Q1 23: 0 bought or addedQ1 23: 0 cut or sold outQ1 23Q2 23: 0 bought or addedQ2 23: 0 cut or sold outQ2 23Q3 23: 0 bought or addedQ3 23: 0 cut or sold outQ3 23Q4 23: 1 bought or addedQ4 23: 0 cut or sold outQ4 23Q1 24: 551 bought or addedQ1 24: 0 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 202200
Q1 202300
Q2 202300
Q3 202300
Q4 202310
Q1 20245510

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20m$40m$60m$80mQ2 23 calls: $0Q2 23 puts: $0Q2 23P/C —Q3 23 calls: $0Q3 23 puts: $0Q3 23P/C —Q4 23 calls: $0Q4 23 puts: $0Q4 23P/C —Q1 24 calls: $69.9mQ1 24 puts: $33.8mQ1 24P/C 0.48
Numbers
QuarterCallsPutsP/C
Q2 2023$0$0—
Q3 2023$0$0—
Q4 2023$0$0—
Q1 2024$69.9m$33.8m0.48

Biggest buyers

JPMORGAN CHASE & CO New +9,265,862+9.3m
VANGUARD GROUP INC New +7,879,332+7.9m
BlackRock Inc. New +4,962,098+5.0m
Orbis Allan Gray Ltd New +4,536,801+4.5m
PRICE T ROWE ASSOCIATES INC /MD/ New +4,392,870+4.4m
WELLINGTON MANAGEMENT GROUP LLP New +4,347,524+4.3m
STATE STREET CORP New +2,870,116+2.9m
Boston Partners New +1,795,291+1.8m
Sustainable Growth Advisers, LP New +1,793,215+1.8m
FMR LLC New +1,660,144+1.7m

Biggest sellers

None

Biggest calls

CITADEL ADVISORS LLC New $50.1m162.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $9.3m30.0k shares
PEAK6 Investments LLC New $3.5m11.4k shares
SIMPLEX TRADING, LLC New $2.7m8.7k shares
WOLVERINE TRADING, LLC New $1.1m3.7k shares
Squarepoint Ops LLC New $956.5k3.1k shares
TWO SIGMA SECURITIES, LLC New $771.4k2.5k shares
Walleye Trading LLC New $401.1k1.3k shares
GROUP ONE TRADING LLC New $339.4k1.1k shares
Walleye Capital LLC New $277.7k900 shares

Biggest puts

SIMPLEX TRADING, LLC New $10.7m34.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $8.2m26.6k shares
CITADEL ADVISORS LLC New $7.0m22.7k shares
Squarepoint Ops LLC New $2.6m8.4k shares
WOLVERINE TRADING, LLC New $1.5m5.0k shares
PEAK6 Investments LLC New $1.0m3.3k shares
CAPSTONE INVESTMENT ADVISORS, LLC New $802.2k2.6k shares
Cubist Systematic Strategies, LLC New $493.7k1.6k shares
Walleye Capital LLC New $462.8k1.5k shares
Walleye Trading LLC New $339.4k1.1k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 7.5% new 5.1m≈ $1.7bn 2026-04-29
JPMORGAN CHASE & CO 13G · institution +1.2 pts · filed 2026-10-15 7.3% +1.2 pts 4.8m≈ $1.6bn 2026-10-15
FMR LLC 13G · institution new · filed 2026-08-06 5.5% new 3.6m≈ $1.2bn 2026-08-06

Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC), PRICE T ROWE ASSOCIATES INC /MD/ (3.7%, 2026-02-17)

Insider purchases and sales in Q1 2024

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
404Q2 22: 0 buyingQ2 22: 0 sellingQ3 22: 0 buyingQ3 22: 1 sellingQ3 22Q4 22: 0 buyingQ4 22: 0 sellingQ1 23: 0 buyingQ1 23: 0 sellingQ1 23Q2 23: 0 buyingQ2 23: 0 sellingQ3 23: 0 buyingQ3 23: 0 sellingQ3 23Q4 23: 0 buyingQ4 23: 0 sellingQ1 24: 0 buyingQ1 24: 3 sellingQ1 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20220—0——
Q3 20220—1$308.0k—
Q4 20220—0——
Q1 20230—0——
Q2 20230—0——
Q3 20230—0——
Q4 20230—0——
Q1 20240—3$50.2m—
DateInsiderTradeSharesPrice ValueTheir holding
2024-03-07 Vickery Alissa B Chief Accounting Officer Sold 10,000 $290.31 $2.9m10.0k shares -85%
2024-03-07 King Alan Group President, Global Fleet Sold 7,004 $290.45 $2.0m7.0k shares -27%
2024-03-07 Vickery Alissa B Chief Accounting Officer Sold 2,794 $290.31 $811.1k2.8k shares -60%
2024-03-05 Clarke Ronald CEO & Chairman of BOD, director Sold 118,428 $281.84 $33.4m118.4k shares -6%
2024-03-04 Clarke Ronald CEO & Chairman of BOD, director Sold 39,007 $284.02 $11.1m39.0k shares -2%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.13% of their portfolio NEW YORK, NY 9,265,8629.3m $2.9bn $2.9bn 0.13% New
2 VANGUARD GROUP INC 0.05% of their portfolio Valley Forge, PA 7,879,3327.9m $2.4bn $2.4bn 0.05% New
3 BlackRock Inc. 0.04% of their portfolio New York, NY 4,962,0985.0m $1.5bn $1.5bn 0.04% New
4 Orbis Allan Gray Ltd 8.39% of their portfolio HamiltoN, D0 4,536,8014.5m $1.4bn $1.4bn 8.39% New
5 PRICE T ROWE ASSOCIATES INC /MD/ 0.17% of their portfolio BALTIMORE, MD 4,392,8704.4m $1.4bn $1.4bn 0.17% New
6 WELLINGTON MANAGEMENT GROUP LLP 0.24% of their portfolio Boston, MA 4,347,5244.3m $1.3bn $1.3bn 0.24% New
7 STATE STREET CORP 0.04% of their portfolio BOSTON, MA 2,870,1162.9m $885.5m $885.5m 0.04% New
8 Boston Partners 0.66% of their portfolio BOSTON, MA 1,795,2911.8m $553.7m $553.7m 0.66% New
9 Sustainable Growth Advisers, LP 2.31% of their portfolio STAMFORD, CT 1,793,2151.8m $553.3m $553.3m 2.31% New
10 FMR LLC 0.03% of their portfolio BOSTON, MA 1,660,1441.7m $512.2m $512.2m 0.03% New
11 GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio BOSTON, MA 1,642,5801.6m $505.5m $505.5m 0.05% New
12 T. Rowe Price Investment Management, Inc. 0.31% of their portfolio BALTIMORE, MD 1,639,9811.6m $506.0m $506.0m 0.31% New
13 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,438,2751.4m $443.8m $443.8m 0.01% New
14 TIGER GLOBAL MANAGEMENT LLC 2.25% of their portfolio New York, NY 1,333,6911.3m $411.5m $411.5m 2.25% New
15 Mawer Investment Management Ltd. 1.67% of their portfolio CALGARY, A0 1,164,9591.2m $359.4m $359.4m 1.67% New
16 Allianz Asset Management GmbH 0.57% of their portfolio MUNICH, 2M 1,101,8881.1m $340.0m $340.0m 0.57% New
17 Invesco Ltd. 0.06% of their portfolio ATLANTA, GA 927,512927.5k $286.2m $286.2m 0.06% New
18 NORGES BANK 0.03% of their portfolio OSLO, Q8 691,637691.6k $213.4m $213.4m 0.03% New
19 Third Point LLC 2.56% of their portfolio NEW YORK, NY 650,000650.0k $200.6m $200.6m 2.56% New
20 DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio AUSTIN, TX 648,344648.3k $200.0m $200.0m 0.05% New
21 NORTHERN TRUST CORP 0.03% of their portfolio CHICAGO, IL 625,146625.1k $192.9m $192.9m 0.03% New
22 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.05% of their portfolio Boston, MA 521,818521.8k $161.0m $161.0m 0.05% New
23 Bank of New York Mellon Corp 0.03% of their portfolio NEW YORK, NY 460,346460.3k $142.0m $142.0m 0.03% New
24 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio SAN FRANCISCO, CA 452,447452.4k $139.6m $139.6m 0.03% New
25 BloombergSen Inc. 10.44% of their portfolio TORONTO, A6 391,819391.8k $120.9m $120.9m 10.44% New
26 Legal & General Group Plc 0.03% of their portfolio London, X0 376,188376.2k $116.1m $116.1m 0.03% New
27 Capital International Investors 0.02% of their portfolio Los Angeles, CA 375,958376.0k $116.0m $116.0m 0.02% New
28 STEADFAST CAPITAL MANAGEMENT LP 2.33% of their portfolio NEW YORK, NY 332,936332.9k $102.7m $102.7m 2.33% New
29 Nuveen Asset Management, LLC 0.03% of their portfolio CHICAGO, IL 291,851291.9k $90.0m $90.0m 0.03% New
30 BANK OF MONTREAL /CAN/ 0.03% of their portfolio TORONTO, A6 291,005291.0k $89.6m $89.6m 0.03% New
31 UBS Group AG 0.03% of their portfolio ZURICH, V8 284,817284.8k $87.9m $87.9m 0.03% New
32 WEDGE CAPITAL MANAGEMENT L L P/NC 1.42% of their portfolio CHARLOTTE, NC 284,269284.3k $87.7m $87.7m 1.42% New
33 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 273,604273.6k $84.4m $84.4m 0.01% New
34 BARCLAYS PLC 0.04% of their portfolio LONDON, X0 268,806268.8k $82.9m $82.9m 0.04% New
35 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio NEW YORK, NY 267,860267.9k $82.6m $82.6m 0.03% New
36 EAGLE ASSET MANAGEMENT INC 0.41% of their portfolio ST PETERSBURG, FL 264,038264.0k $80.8m $80.8m 0.41% New
37 LAZARD ASSET MANAGEMENT LLC 0.10% of their portfolio NEW YORK, NY 259,618259.6k $80.1m $80.1m 0.10% New
38 THOMPSON SIEGEL & WALMSLEY LLC 1.13% of their portfolio RICHMOND, VA 237,313237.3k $73.2m $73.2m 1.13% New
39 JUPITER ASSET MANAGEMENT LTD 0.69% of their portfolio London, X0 233,380233.4k $72.0m $72.0m 0.69% New
40 Korea Investment CORP 0.18% of their portfolio SEOUL, M5 225,314225.3k $69.5m $69.5m 0.18% New
41 Cornerstone Investment Partners, LLC 3.28% of their portfolio ATLANTA, GA 217,990218.0k $67.3m $67.3m 3.28% New
42 Provident Investment Management, Inc. 5.89% of their portfolio NOVI, MI 216,572216.6k $66.8m $66.8m 5.89% New
43 Swiss National Bank 0.05% of their portfolio ZURICH, V8 216,200216.2k $66.7m $66.7m 0.05% New
44 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 199,066199.1k $61.4m $61.4m 0.02% New
45 Petrus Trust Company, LTA 5.44% of their portfolio Dallas, TX 195,000195.0k $60.2m $60.2m 5.44% New
46 CIBC Private Wealth Group LLC 0.10% of their portfolio ATLANTA, GA 175,110175.1k $53.6m $53.6m 0.10% New
47 Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio CHIYODA-KU, TOKYO, M0 170,479170.5k $52.6m $52.6m 0.04% New
48 HSBC HOLDINGS PLC 0.04% of their portfolio LONDON, X0 161,418161.4k $49.8m $49.8m 0.04% New
49 VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio San Antonio, TX 155,079155.1k $47.8m $47.8m 0.05% New
50 Bridgewater Associates, LP 0.23% of their portfolio Westport, CT 148,628148.6k $45.9m $45.9m 0.23% New
51 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 145,819145.8k $45.0m $45.0m 0.01% New
52 DEUTSCHE BANK AG\ 0.02% of their portfolio FRANKFURT AM MAIN, 2M 144,995145.0k $44.7m $44.7m 0.02% New
53 RHUMBLINE ADVISERS 0.04% of their portfolio BOSTON, MA 144,143144.1k $44.5m $44.5m 0.04% New
54 Long Path Partners LP 22.32% of their portfolio Stamford, CT 137,451137.5k $42.4m $42.4m 22.32% New
55 California Public Employees Retirement System 0.03% of their portfolio Sacramento, CA 130,575130.6k $40.3m $40.3m 0.03% New
56 National Pension Service 0.05% of their portfolio JEONJU-SI, JEOLLABUK-DO, M5 123,480123.5k $38.1m $38.1m 0.05% New
57 Amundi 0.01% of their portfolio Paris, I0 115,953116.0k $34.3m $34.3m 0.01% New
58 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio WEST SACRAMENTO, CA 113,137113.1k $34.9m $34.9m 0.04% New
59 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.08% of their portfolio LOS ANGELES, CA 112,419112.4k $34.7m $34.7m 0.08% New
60 LOS ANGELES CAPITAL MANAGEMENT LLC 0.12% of their portfolio LOS ANGELES, CA 109,678109.7k $33.8m $33.8m 0.12% New
61 Robeco Institutional Asset Management B.V. 0.07% of their portfolio ROTTERDAM, P7 106,345106.3k $32.8m $32.8m 0.07% New
62 Alua Capital Management LP 1.64% of their portfolio NEW YORK, NY 103,959104.0k $32.1m $32.1m 1.64% New
63 Russell Investments Group, Ltd. 0.05% of their portfolio Seattle, WA 102,594102.6k $31.6m $31.6m 0.05% New
64 Swedbank AB 0.04% of their portfolio STOCKHOLM, V7 100,217100.2k $30.9m $30.9m 0.04% New
65 STRS OHIO 0.12% of their portfolio COLUMBUS, OH 100,156100.2k $30.9m $30.9m 0.12% New
66 NATIXIS 0.17% of their portfolio PARIS, I0 99,75499.8k $30.8m $30.8m 0.17% New
67 BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio PARIS, I0 98,66598.7k $30.4m $30.4m 0.04% New
68 PRUDENTIAL FINANCIAL INC 0.04% of their portfolio NEWARK, NJ 98,66498.7k $30.4m $30.4m 0.04% New
69 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 97,24897.2k $30.0m $30.0m 0.01% New
70 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 97,21197.2k $30.0m $30.0m 0.01% New
71 Balyasny Asset Management L.P. 0.08% of their portfolio Chicago, IL 96,52396.5k $29.8m $29.8m 0.08% New
72 Corient Private Wealth LP 0.05% of their portfolio MIAMI, FL 93,22393.2k $28.8m $28.8m 0.05% New
73 FIRST TRUST ADVISORS LP 0.03% of their portfolio Wheaton, IL 89,05189.1k $27.5m $27.5m 0.03% New
74 PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio DES MOINES, IA 88,06288.1k $27.2m $27.2m 0.02% New
75 Mediolanum International Funds Ltd 0.43% of their portfolio DUBLIN 1, L2 87,43987.4k $26.7m $26.7m 0.43% First filing
76 Pictet Asset Management Holding SA 0.03% of their portfolio CAROUGE, V8 86,70286.7k $26.8m $26.8m 0.03% New
77 Capital Investment Services of America, Inc. 2.54% of their portfolio MILWAUKEE, WI 85,47985.5k $26.4m $26.4m 2.54% New
78 CANADA PENSION PLAN INVESTMENT BOARD 0.03% of their portfolio TORONTO ONTARIO, A6 84,36884.4k $26.0m $26.0m 0.03% New
79 Mitsubishi UFJ Asset Management Co., Ltd. 0.04% of their portfolio TOKYO, M0 82,28982.3k $25.4m $25.4m 0.04% New
80 PINEBRIDGE INVESTMENTS, L.P. 0.19% of their portfolio NEW YORK, NY 78,10978.1k $24.1m $24.1m 0.19% New
81 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio ALBANY, NY 75,18075.2k $23.2m $23.2m 0.05% New
82 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.21% of their portfolio FRANKFORT, KY 74,37874.4k $22.9m $22.9m 0.21% New
83 AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio Greenwich, CT 72,95573.0k $22.3m $22.3m 0.04% New
84 NICHOLAS COMPANY, INC. 0.37% of their portfolio MILWAUKEE, WI 72,59072.6k $22.4m $22.4m 0.37% New
85 CREDIT SUISSE AG/ 0.02% of their portfolio ZURICH, V8 71,96472.0k $22.2m $22.2m 0.02% New
86 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.04% of their portfolio Boston, MA 70,85870.9k $21.9m $21.9m 0.04% New
87 TODD ASSET MANAGEMENT LLC 0.43% of their portfolio Louisville, KY 68,45568.5k $21.1m $21.1m 0.43% New
88 GLENMEDE TRUST CO NA 0.11% of their portfolio PHILADELPHIA, PA 68,12568.1k $21.0m $21.0m 0.11% New
89 DANSKE BANK A/S 0.07% of their portfolio COPENHAGEN V, G7 67,98268.0k $21.0m $21.0m 0.07% First filing
90 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 64,05764.1k $19.8m $19.8m 0.01% New
91 Baird Financial Group, Inc. 0.04% of their portfolio MILWAUKEE, WI 60,66960.7k $18.7m $18.7m 0.04% New
92 NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio ALBANY, NY 59,59159.6k $18.4m $18.4m 0.02% New
93 Penserra Capital Management LLC 0.21% of their portfolio ORINDA, CA 54,98755.0k $17.0m $17.0m 0.21% New
94 QRG CAPITAL MANAGEMENT, INC. 0.21% of their portfolio BERWYN, PA 54,19154.2k $16.7m $16.7m 0.21% New
95 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 51,76451.8k $16.0m $16.0m 0.02% New
96 Mill Capital Management, LLC 1.30% of their portfolio CONCORD, NC 50,29650.3k $15.5m $15.5m 1.30% New
97 Goodman Financial Corp 3.54% of their portfolio HOUSTON, TX 50,27050.3k $15.5m $15.5m 3.54% New
98 STOREBRAND ASSET MANAGEMENT AS 0.05% of their portfolio LYSAKER, Q8 50,15350.2k $15.5m $15.5m 0.05% New
99 Zimmer Partners, LP 0.34% of their portfolio NEW YORK, NY 50,00050.0k $15.4m $15.4m 0.34% New
100 LSV ASSET MANAGEMENT 0.03% of their portfolio CHICAGO, IL 49,12049.1k $15.2m $15.2m 0.03% New