Labcorp
505 hedge funds and large institutions have $8.1B invested in Labcorp in 2013 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 165 increasing their positions, 208 reducing their positions, and 50 closing their positions.
22% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 50
1% more funds holding
Funds holding: 498 → 505 (+7)
1.06% less ownership
Funds ownership: 119.34% → 118.28% (-1.1%)
11% less capital invested
Capital invested by funds: $9.15B → $8.1B (-$1.04B)
21% less repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 208
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
66% less call options, than puts
Call options by funds: $25.1M | Put options by funds: $73M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$165M |
| 2 |
Goldman Sachs
New York
|
+$97.3M |
| 3 |
AI
Analytic Investors
Los Angeles,
California
|
+$77.1M |
| 4 |
NTC
North Tide Capital
Boston,
Massachusetts
|
+$49.6M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$39.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LP
Longview Partners
St Peter Port,
Guernsey
|
-$244M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$163M |
| 3 |
GIM
Generation Investment Management
London,
United Kingdom
|
-$103M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$77.6M |
| 5 |
JP Morgan Chase
New York
|
-$56.1M |
LH Hedge Fund Activity: Q4 2013 in Review
505 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Labcorp (LH) for Q4 2013, worth a combined $8.1B — down 11% from $9.15B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new LH positions and 50 closed out — a net gain of 11 holders — while 165 added to existing stakes and 208 trimmed.
The largest buyer was Davis Selected Advisers, adding an estimated $165M. The largest seller was Longview Partners, cutting an estimated $244M.
- 505 institutional investors held Labcorp (LH) as of Q4 2013, up from 498 in Q3 2013.
- Funds reported $8.1B of Labcorp stock for Q4 2013, down 11% quarter-over-quarter.
- 61 funds opened new Labcorp positions in Q4 2013 and 50 closed out, a net change of +11 holders.
- The largest Labcorp buyer in Q4 2013 was Davis Selected Advisers, an estimated $165M added.
- The largest Labcorp seller in Q4 2013 was Longview Partners, an estimated $244M sold.
Based on aggregated 13F filings for Q4 2013.