Labcorp
498 hedge funds and large institutions have $9.15B invested in Labcorp in 2013 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 173 increasing their positions, 207 reducing their positions, and 34 closing their positions.
43% more call options, than puts
Call options by funds: $17.6M | Put options by funds: $12.4M
18% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 34
1.27% more ownership
Funds ownership: 118.07% → 119.34% (+1.3%)
1% more funds holding
Funds holding: 494 → 498 (+4)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
3% less capital invested
Capital invested by funds: $9.43B → $9.15B (-$281M)
16% less repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 207
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$197M |
| 2 |
VAM
Veritas Asset Management
London,
United Kingdom
|
+$41.8M |
| 3 |
Millennium Management
New York
|
+$35.9M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
+$30.6M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$29.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIM
Jensen Investment Management
Lake Oswego,
Oregon
|
-$136M |
| 2 |
EIP
Epoch Investment Partners
New York
|
-$87.5M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$67.1M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$59.7M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$30.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
526
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$50K | -582 | Closed |
|
|
ST
527
Spot Trading
Chicago,
Illinois
| – | -$32K | -368 | Closed |
|
|
LNB
528
Ledyard National Bank
| – | -$30K | -349 | Closed |
|
|
ACM
529
Antonetti Capital Management
Naples,
Florida
| – | -$8K | -87 | Closed |
|
|
SF
530
Synovus Financial
Columbus,
Georgia
| – | -$4K | -45 | Closed |
|
|
TRCT
531
Tower Research Capital (TRC)
New York
| – | -$2K | -28 | Closed |
|
LH Hedge Fund Activity: Q3 2013 in Review
498 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Labcorp (LH) for Q3 2013, worth a combined $9.15B — down 3% from $9.43B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new LH positions and 34 closed out — a net gain of 6 holders — while 173 added to existing stakes and 207 trimmed.
The largest buyer was Davis Selected Advisers, adding an estimated $197M. The largest seller was Jensen Investment Management, cutting an estimated $136M.
- 498 institutional investors held Labcorp (LH) as of Q3 2013, up from 494 in Q2 2013.
- Funds reported $9.15B of Labcorp stock for Q3 2013, down 3% quarter-over-quarter.
- 40 funds opened new Labcorp positions in Q3 2013 and 34 closed out, a net change of +6 holders.
- The largest Labcorp buyer in Q3 2013 was Davis Selected Advisers, an estimated $197M added.
- The largest Labcorp seller in Q3 2013 was Jensen Investment Management, an estimated $136M sold.
Based on aggregated 13F filings for Q3 2013.