Labcorp
798 hedge funds and large institutions have $14.9B invested in Labcorp in 2020 Q2 according to their latest regulatory filings, with 127 funds opening new positions, 252 increasing their positions, 293 reducing their positions, and 82 closing their positions.
69% more funds holding in top 10
Funds holding in top 10: 13 → 22 (+9)
55% more first-time investments, than exits
New positions opened: 127 | Existing positions closed: 82
33% more capital invested
Capital invested by funds: $11.2B → $14.9B (+$3.65B)
16% more call options, than puts
Call options by funds: $148M | Put options by funds: $127M
5% more funds holding
Funds holding: 760 → 798 (+38)
0.79% more ownership
Funds ownership: 105.96% → 106.75% (+0.79%)
14% less repeat investments, than reductions
Existing positions increased: 252 | Existing positions reduced: 293
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
+$271M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$142M |
| 3 |
GCM
Glenview Capital Management
New York
|
+$118M |
| 4 |
Millennium Management
New York
|
+$102M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$92.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
-$253M |
| 2 |
BlackRock
New York
|
-$146M |
| 3 |
HM
HealthCor Management
New York
|
-$84.7M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$75.4M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$48.6M |
LH Hedge Fund Activity: Q2 2020 in Review
798 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Labcorp (LH) for Q2 2020, worth a combined $14.9B — up 33% from $11.2B a quarter earlier.
Buyers outnumbered sellers: 127 funds opened new LH positions and 82 closed out — a net gain of 45 holders — while 252 added to existing stakes and 293 trimmed.
The largest buyer was Nordea Investment Management, adding an estimated $271M. The largest seller was Melvin Capital Management, cutting an estimated $253M.
- 798 institutional investors held Labcorp (LH) as of Q2 2020, up from 760 in Q1 2020.
- Funds reported $14.9B of Labcorp stock for Q2 2020, up 33% quarter-over-quarter.
- 127 funds opened new Labcorp positions in Q2 2020 and 82 closed out, a net change of +45 holders.
- The largest Labcorp buyer in Q2 2020 was Nordea Investment Management, an estimated $271M added.
- The largest Labcorp seller in Q2 2020 was Melvin Capital Management, an estimated $253M sold.
Based on aggregated 13F filings for Q2 2020.