Labcorp
760 hedge funds and large institutions have $11.2B invested in Labcorp in 2020 Q1 according to their latest regulatory filings, with 80 funds opening new positions, 270 increasing their positions, 282 reducing their positions, and 112 closing their positions.
162% more call options, than puts
Call options by funds: $120M | Put options by funds: $45.7M
4% less repeat investments, than reductions
Existing positions increased: 270 | Existing positions reduced: 282
1.06% less ownership
Funds ownership: 107.02% → 105.96% (-1.1%)
5% less funds holding
Funds holding: 802 → 760 (-42)
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
26% less capital invested
Capital invested by funds: $15.1B → $11.2B (-$3.89B)
29% less first-time investments, than exits
New positions opened: 80 | Existing positions closed: 112
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
+$184M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$82.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$67.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$51.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$42.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$132M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$87.3M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$49.5M |
| 4 |
TAM
Timucuan Asset Management
Jacksonville,
Florida
|
-$49.1M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
-$47.6M |
LH Hedge Fund Activity: Q1 2020 in Review
760 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Labcorp (LH) for Q1 2020, worth a combined $11.2B — down 26% from $15.1B a quarter earlier.
Sellers outnumbered buyers: 112 funds closed out of LH and 80 opened new positions — a net loss of 32 holders — while 282 trimmed existing stakes and 270 added.
The largest buyer was Melvin Capital Management, adding an estimated $184M. The largest seller was Champlain Investment Partners, exiting entirely with an estimated $132M sold.
- 760 institutional investors held Labcorp (LH) as of Q1 2020, down from 802 in Q4 2019.
- Funds reported $11.2B of Labcorp stock for Q1 2020, down 26% quarter-over-quarter.
- 80 funds opened new Labcorp positions in Q1 2020 and 112 closed out, a net change of -32 holders.
- The largest Labcorp buyer in Q1 2020 was Melvin Capital Management, an estimated $184M added.
- The largest Labcorp seller in Q1 2020 was Champlain Investment Partners, an estimated $132M sold.
Based on aggregated 13F filings for Q1 2020.