Labcorp
526 hedge funds and large institutions have $8.34B invested in Labcorp in 2014 Q1 according to their latest regulatory filings, with 74 funds opening new positions, 156 increasing their positions, 218 reducing their positions, and 48 closing their positions.
54% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 48
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
4% more funds holding
Funds holding: 505 → 526 (+21)
3% more capital invested
Capital invested by funds: $8.1B → $8.34B (+$234M)
2.32% less ownership
Funds ownership: 118.28% → 115.96% (-2.3%)
28% less repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 218
71% less call options, than puts
Call options by funds: $20.7M | Put options by funds: $71.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
+$99.6M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
+$95.4M |
| 3 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$84.1M |
| 4 |
DM
Deerfield Management
New York
|
+$65.9M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$65.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$244M |
| 2 |
Bank of New York Mellon
New York
|
-$198M |
| 3 |
Harris Associates
Chicago,
Illinois
|
-$174M |
| 4 |
LP
Longview Partners
St Peter Port,
Guernsey
|
-$71.7M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
-$54.2M |
LH Hedge Fund Activity: Q1 2014 in Review
526 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Labcorp (LH) for Q1 2014, worth a combined $8.34B — up 2.9% from $8.1B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new LH positions and 48 closed out — a net gain of 26 holders — while 156 added to existing stakes and 218 trimmed.
The largest buyer was Glenview Capital Management, opening a new position worth an estimated $99.6M. The largest seller was T. Rowe Price Associates, cutting an estimated $244M.
- 526 institutional investors held Labcorp (LH) as of Q1 2014, up from 505 in Q4 2013.
- Funds reported $8.34B of Labcorp stock for Q1 2014, up 2.9% quarter-over-quarter.
- 74 funds opened new Labcorp positions in Q1 2014 and 48 closed out, a net change of +26 holders.
- The largest Labcorp buyer in Q1 2014 was Glenview Capital Management, an estimated $99.6M added.
- The largest Labcorp seller in Q1 2014 was T. Rowe Price Associates, an estimated $244M sold.
Based on aggregated 13F filings for Q1 2014.