Labcorp
948 hedge funds and large institutions have $23.7B invested in Labcorp in 2021 Q2 according to their latest regulatory filings, with 102 funds opening new positions, 326 increasing their positions, 333 reducing their positions, and 66 closing their positions.
637% more call options, than puts
Call options by funds: $440M | Put options by funds: $59.6M
55% more first-time investments, than exits
New positions opened: 102 | Existing positions closed: 66
6% more capital invested
Capital invested by funds: $22.5B → $23.7B (+$1.28B)
3% more funds holding
Funds holding: 920 → 948 (+28)
2% less repeat investments, than reductions
Existing positions increased: 326 | Existing positions reduced: 333
2.44% less ownership
Funds ownership: 105.45% → 103% (-2.4%)
3% less funds holding in top 10
Funds holding in top 10: 33 → 32 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
+$119M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
+$77.5M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$70.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$70M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$64.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Allen Investment Management
New York
|
-$306M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$162M |
| 3 |
JP
Jana Partners
New York
|
-$149M |
| 4 |
EC
Eminence Capital
New York
|
-$137M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$73.4M |
LH Hedge Fund Activity: Q2 2021 in Review
948 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Labcorp (LH) for Q2 2021, worth a combined $23.7B — up 5.7% from $22.5B a quarter earlier.
Buyers outnumbered sellers: 102 funds opened new LH positions and 66 closed out — a net gain of 36 holders — while 326 added to existing stakes and 333 trimmed.
The largest buyer was Melvin Capital Management, adding an estimated $119M. The largest seller was Allen Investment Management, cutting an estimated $306M.
- 948 institutional investors held Labcorp (LH) as of Q2 2021, up from 920 in Q1 2021.
- Funds reported $23.7B of Labcorp stock for Q2 2021, up 5.7% quarter-over-quarter.
- 102 funds opened new Labcorp positions in Q2 2021 and 66 closed out, a net change of +36 holders.
- The largest Labcorp buyer in Q2 2021 was Melvin Capital Management, an estimated $119M added.
- The largest Labcorp seller in Q2 2021 was Allen Investment Management, an estimated $306M sold.
Based on aggregated 13F filings for Q2 2021.