Labcorp
701 hedge funds and large institutions have $14.1B invested in Labcorp in 2017 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 218 increasing their positions, 286 reducing their positions, and 48 closing their positions.
35% more call options, than puts
Call options by funds: $34.9M | Put options by funds: $25.8M
33% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 48
1% more funds holding
Funds holding: 691 → 701 (+10)
4% less capital invested
Capital invested by funds: $14.7B → $14.1B (-$529M)
1.54% less ownership
Funds ownership: 108.54% → 107% (-1.5%)
24% less repeat investments, than reductions
Existing positions increased: 218 | Existing positions reduced: 286
43% less funds holding in top 10
Funds holding in top 10: 30 → 17 (-13)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$76.5M |
| 2 |
Millennium Management
New York
|
+$73.3M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$51.9M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$49.8M |
| 5 |
PC
PointState Capital
New York
|
+$45.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Advisers
New York
|
-$73.2M |
| 2 |
Morgan Stanley
New York
|
-$63.4M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$62.7M |
| 4 |
BM
Bridger Management
New York
|
-$57.2M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
-$55.1M |
LH Hedge Fund Activity: Q3 2017 in Review
701 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Labcorp (LH) for Q3 2017, worth a combined $14.1B — down 3.6% from $14.7B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new LH positions and 48 closed out — a net gain of 16 holders — while 218 added to existing stakes and 286 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $76.5M. The largest seller was Two Sigma Advisers, cutting an estimated $73.2M.
- 701 institutional investors held Labcorp (LH) as of Q3 2017, up from 691 in Q2 2017.
- Funds reported $14.1B of Labcorp stock for Q3 2017, down 3.6% quarter-over-quarter.
- 64 funds opened new Labcorp positions in Q3 2017 and 48 closed out, a net change of +16 holders.
- The largest Labcorp buyer in Q3 2017 was JP Morgan Chase, an estimated $76.5M added.
- The largest Labcorp seller in Q3 2017 was Two Sigma Advisers, an estimated $73.2M sold.
Based on aggregated 13F filings for Q3 2017.