CORPAY INC CPAY
COM SHS · Common Stock · CUSIP 219948106 · ISIN US2199481068
U.S. financial services company
- SectorIndustrials
- IndustryServices-Business Services, NEC
- HeadquartersAtlanta, GA
- Founded2000
- Websitecorpay.com
- FilingsSEC EDGAR
* 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 ($32.7m this quarter). Holder counts are more reliable. Shares outstanding: 70.6m as of 2025-08-04, 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 ≈ $331.70. Options: 10 managers hold calls ($148.5m notional), 8 hold puts ($33.7m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 2 |
| Q4 2022 | 2 |
| Q1 2023 | 2 |
| Q2 2023 | 2 |
| Q3 2023 | 2 |
| Q4 2023 | 4 |
| Q1 2024 | 563 |
| Q2 2024 | 589 |
| Q3 2024 | 618 |
| Q4 2024 | 701 |
| Q1 2025 | 689 |
| Q2 2025 | 687 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 0 | 0 |
| Q4 2023 | 1 | 0 |
| Q1 2024 | 551 | 0 |
| Q2 2024 | 283 | 287 |
| Q3 2024 | 311 | 269 |
| Q4 2024 | 357 | 264 |
| Q1 2025 | 322 | 333 |
| Q2 2025 | 338 | 332 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $45.7m | $6.3m | 0.14 |
| Q4 2024 | $62.0m | $23.8m | 0.38 |
| Q1 2025 | $79.4m | $16.0m | 0.20 |
| Q2 2025 | $148.5m | $33.7m | 0.23 |
Biggest buyers
| TIGER GLOBAL MANAGEMENT LLC | Added | +254.1k |
| VANGUARD GROUP INC | Added | +251.7k |
| ROYAL BANK OF CANADA | Added | +208.4k |
| Premier Fund Managers Ltd | New | +170.6k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. | Added | +151.7k |
| Boston Partners | Added | +125.3k |
| Orbis Allan Gray Ltd | Added | +124.4k |
| NORGES BANK | Added | +96.8k |
| BlackRock, Inc. | Added | +94.7k |
| CITADEL ADVISORS LLC | Added | +89.9k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -867.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -469.4k |
| T. Rowe Price Investment Management, Inc. | Reduced | -321.3k |
| UBS Group AG | Reduced | -228.8k |
| Mawer Investment Management Ltd. | Reduced | -216.8k |
| JPMORGAN CHASE & CO | Reduced | -160.3k |
| Select Equity Group, L.P. | Reduced | -93.0k |
| LYRICAL ASSET MANAGEMENT LP | Reduced | -79.3k |
| MACQUARIE GROUP LTD | Reduced | -74.4k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -72.6k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $132.6m399.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.9m14.8k shares |
| Twin Tree Management, LP | New | $4.7m14.2k shares |
| PEAK6 LLC | New | $2.7m8.0k shares |
| SIMPLEX TRADING, LLC | Added | $1.3m4.0k shares |
| WOLVERINE TRADING, LLC | Added | $1.1m3.4k shares |
| Walleye Capital LLC | New | $630.5k1.9k shares |
| JANE STREET GROUP, LLC | Added | $464.5k1.4k shares |
| Walleye Trading LLC | Reduced | $66.4k200 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $27.2m82.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.9m11.9k shares |
| SIMPLEX TRADING, LLC | New | $929.0k2.8k shares |
| Twin Tree Management, LP | New | $862.7k2.6k shares |
| Walleye Capital LLC | New | $464.5k1.4k shares |
| Walleye Trading LLC | New | $232.3k700 shares |
| GROUP ONE TRADING LLC | New | $33.2k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
| JPMORGAN CHASE & CO 13G · institution +1.2 pts · filed 2026-10-15 | 7.3% |
| FMR LLC 13G · institution new · filed 2026-08-06 | 5.5% |
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 Q2 2025
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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 3 | $50.2m | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 4 | $71.8m | — |
| Q4 2024 | 0 | — | 4 | $37.7m | — |
| Q1 2025 | 0 | — | 1 | $910.7k | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 8.1m $2.7bn | Added +251.7k |
| BlackRock, Inc. 0.04% of their portfolio | 6.3m $2.1bn | Added +94.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.18% of their portfolio | 4.9m $1.6bn | Reduced -469.4k |
| JPMORGAN CHASE & CO 0.10% of their portfolio | 4.6m $1.5bn | Reduced -160.3k |
| Orbis Allan Gray Ltd 6.22% of their portfolio | 3.9m $1.3bn | Added +124.4k |
| STATE STREET CORP 0.04% of their portfolio | 2.9m $973.3m | Reduced -20.8k |
| Boston Partners 0.84% of their portfolio | 2.3m $758.5m | Added +125.3k |
| Invesco Ltd. 0.11% of their portfolio | 2.0m $656.6m | Added +84.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 1.9m $619.6m | Added +63.3k |
| TIGER GLOBAL MANAGEMENT LLC 1.46% of their portfolio | 1.5m $498.3m | Added +254.1k |
| T. Rowe Price Investment Management, Inc. 0.30% of their portfolio | 1.4m $476.3m | Reduced -321.3k |
| FMR LLC 0.02% of their portfolio | 1.2m $383.6m | Added +55.6k |
| Select Equity Group, L.P. 1.59% of their portfolio | 1.1m $373.6m | Reduced -93.0k |
| Mawer Investment Management Ltd. 1.37% of their portfolio | 816.5k $270.9m | Reduced -216.8k |
| NORGES BANK 0.03% of their portfolio | 802.4k $266.2m | Added +96.8k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 794.9k $263.7m | Added +24.6k |
| MORGAN STANLEY 0.02% of their portfolio | 736.4k $244.4m | Added +77.2k |
| Third Point LLC 2.98% of their portfolio | 685.0k $227.3m | Added +75.0k |
| LYRICAL ASSET MANAGEMENT LP 3.08% of their portfolio | 643.8k $213.6m | Reduced -79.3k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 616.7k $204.6m | Reduced -16.4k |
| Allianz Asset Management GmbH 0.27% of their portfolio | 607.9k $201.7m | Added +37.8k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 1.92% of their portfolio | 606.3k $201.2m | Added +151.7k |
| BESSEMER GROUP INC 0.30% of their portfolio | 557.7k $185.1m | Added +441 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 508.3k $168.6m | Added +15.9k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 478.5k $158.8m | Added +35.4k |
| RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio | 438.2k $145.4m | Reduced -7.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 428.3k $142.1m | Added +31.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 407.8k $135.3m | Reduced -867.3k |
| MACQUARIE GROUP LTD 0.15% of their portfolio | 374.1k $124.1m | Reduced -74.4k |
| BloombergSen Inc. 10.30% of their portfolio | 367.6k $122.0m | Reduced -4.5k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 367.5k $121.9m | Reduced -21.5k |
| AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio | 366.6k $121.7m | Reduced -19.6k |
| Legal & General Group Plc 0.03% of their portfolio | 351.1k $116.5m | Reduced -40.5k |
| UBS Group AG 0.02% of their portfolio | 350.9k $116.4m | Reduced -228.8k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 349.3k $115.9m | Added +26.7k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 318.4k $105.6m | Added +208.4k |
| Nuveen, LLC 0.03% of their portfolio | 317.0k $105.2m | Added +17.5k |
| FIL Ltd 0.08% of their portfolio | 296.8k $98.5m | Added +45.2k |
| Swedbank AB 0.10% of their portfolio | 272.8k $90.5m | First filing |
| BARCLAYS PLC 0.04% of their portfolio | 268.8k $89.2m | Added +17.4k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 225.7k $74.9m | Added +12.3k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 218.0k $72.3m | Reduced -48.2k |
| LAZARD ASSET MANAGEMENT LLC 0.10% of their portfolio | 214.0k $71.0m | Reduced -33.1k |
| Provident Investment Management, Inc. 5.91% of their portfolio | 208.3k $69.1m | Reduced -1.7k |
| Petrus Trust Company, LTA 7.13% of their portfolio | 207.1k $68.7m | Added +6.6k |
| Swiss National Bank 0.04% of their portfolio | 202.0k $67.0m | Added +15.2k |
| Cornerstone Investment Partners, LLC 2.88% of their portfolio | 196.7k $65.3m | Reduced -1.3k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 184.5k $61.2m | Added +53.3k |
| Premier Fund Managers Ltd 2.03% of their portfolio | 170.6k $55.8m | New |
| Amundi 0.02% of their portfolio | 163.6k $55.1m | Added +58.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 152.8k $50.7m | Added +4.6k |
| THOMPSON SIEGEL & WALMSLEY LLC 0.85% of their portfolio | 152.5k $50.6m | Reduced -31.1k |
| CIBC Private Wealth Group LLC 0.09% of their portfolio | 151.6k $50.3m | Reduced -28.8k |
| NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio | 148.4k $49.3m | Reduced -4.2k |
| Assenagon Asset Management S.A. 0.08% of their portfolio | 145.8k $48.4m | Added +10.0k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 145.5k $48.3m | Reduced -1.4k |
| Long Path Partners LP 15.55% of their portfolio | 138.0k $45.8m | Added +40.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 133.7k $44.4m | Reduced -72.6k |
| TD Asset Management Inc 0.04% of their portfolio | 132.7k $44.0m | Reduced -24.8k |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 132.5k $43.9m | Reduced -5.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 131.5k $43.6m | Added +7.6k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 130.7k $43.4m | Reduced -16.4k |
| California Public Employees Retirement System 0.03% of their portfolio | 124.9k $41.5m | Added +2.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 123.3k $40.9m | Reduced -17.9k |
| Vantage Investment Partners, LLC 2.88% of their portfolio | 119.3k $39.6m | Added +26.4k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 117.6k $38.7m | Reduced -54.0k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 111.8k $37.1m | Added +89.9k |
| Park West Asset Management LLC 2.69% of their portfolio | 106.4k $35.3m | Reduced -6.8k |
| Clearbridge Investments, LLC 0.03% of their portfolio | 101.3k $33.6m | Reduced -31.1k |
| National Pension Service 0.03% of their portfolio | 99.9k $33.2m | Added +491 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 99.9k $33.2m | Reduced -2.1k |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 97.3k $32.3m | Reduced -5.8k |
| APG Asset Management N.V. 0.08% of their portfolio | 95.7k $27.0m | Added +48.9k |
| ANCHOR CAPITAL ADVISORS LLC 0.89% of their portfolio | 91.6k $30.4m | Reduced -2.8k |
| STEADFAST CAPITAL MANAGEMENT LP 0.56% of their portfolio | 90.7k $30.1m | Reduced -17.0k |
| Korea Investment CORP 0.07% of their portfolio | 89.8k $29.8m | Reduced -6.1k |
| Meridiem Capital Partners LP 2.12% of their portfolio | 88.5k $29.4m | Added +61.6k |
| TWINBEECH CAPITAL LP 0.65% of their portfolio | 86.7k $28.8m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 82.6k $27.4m | Reduced -7.6k |
| Stanley Capital Management, LLC 4.45% of their portfolio | 79.8k $26.5m | Reduced -24.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 78.0k $25.9m | Reduced -1.7k |
| Capital Investment Services of America, Inc. 2.34% of their portfolio | 77.2k $25.6m | Added +50 |
| STRS OHIO 0.09% of their portfolio | 76.0k $25.2m | Added +1.7k |
| Saudi Central Bank 1.03% of their portfolio | 76.0k $25.2m | Added +75.9k |
| Bridgewater Associates, LP 0.10% of their portfolio | 75.6k $25.1m | Reduced -56.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.04% of their portfolio | 74.6k $24.7m | Reduced -29.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 74.2k $24.6m | Reduced -963 |
| Corient Private Wealth LP 0.03% of their portfolio | 73.1k $24.3m | Reduced -4.8k |
| NICHOLAS COMPANY, INC. 0.39% of their portfolio | 71.0k $23.6m | Unchanged |
| Tidal Investments LLC 0.15% of their portfolio | 68.5k $22.7m | Added +63.4k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.04% of their portfolio | 66.7k $22.1m | Added +660 |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.04% of their portfolio | 66.6k $22.1m | Added +5.8k |
| Zimmer Partners, LP 0.49% of their portfolio | 65.0k $21.6m | Reduced -21.5k |
| CITIGROUP INC 0.01% of their portfolio | 63.6k $21.1m | Reduced -3.9k |
| Philosophy Capital Management LLC 2.64% of their portfolio | 63.2k $21.0m | Added +12.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 61.9k $20.5m | Added +39 |
| Baird Financial Group, Inc. 0.03% of their portfolio | 59.4k $19.7m | Reduced -677 |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 58.9k $19.5m | Reduced -17.4k |
| Glenmede Investment Management, LP 0.10% of their portfolio | 58.3k $19.3m | First filing |
| OSSIAM 0.21% of their portfolio | 55.6k $18.4m | Added +21.2k |