Labcorp
617 hedge funds and large institutions have $12.2B invested in Labcorp in 2015 Q3 according to their latest regulatory filings, with 59 funds opening new positions, 229 increasing their positions, 211 reducing their positions, and 57 closing their positions.
17% more call options, than puts
Call options by funds: $26.1M | Put options by funds: $22.3M
9% more repeat investments, than reductions
Existing positions increased: 229 | Existing positions reduced: 211
5% more capital invested
Capital invested by funds: $11.7B → $12.2B (+$556M)
4% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 57
0% more funds holding
Funds holding: 616 → 617 (+1)
0.94% less ownership
Funds ownership: 111.88% → 110.94% (-0.94%)
26% less funds holding in top 10
Funds holding in top 10: 19 → 14 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$608M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$121M |
| 3 |
GCM
Glenview Capital Management
New York
|
+$106M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$102M |
| 5 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
+$62.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$262M |
| 2 |
PC
PointState Capital
New York
|
-$101M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
-$79.2M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$71.7M |
| 5 |
SCM
Suvretta Capital Management
New York
|
-$66.9M |
LH Hedge Fund Activity: Q3 2015 in Review
617 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Labcorp (LH) for Q3 2015, worth a combined $12.2B — up 4.8% from $11.7B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new LH positions and 57 closed out — a net gain of 2 holders — while 229 added to existing stakes and 211 trimmed.
The largest buyer was Viking Global Investors, opening a new position worth an estimated $608M. The largest seller was Davis Selected Advisers, cutting an estimated $262M.
- 617 institutional investors held Labcorp (LH) as of Q3 2015, up from 616 in Q2 2015.
- Funds reported $12.2B of Labcorp stock for Q3 2015, up 4.8% quarter-over-quarter.
- 59 funds opened new Labcorp positions in Q3 2015 and 57 closed out, a net change of +2 holders.
- The largest Labcorp buyer in Q3 2015 was Viking Global Investors, an estimated $608M added.
- The largest Labcorp seller in Q3 2015 was Davis Selected Advisers, an estimated $262M sold.
Based on aggregated 13F filings for Q3 2015.