Labcorp
793 hedge funds and large institutions have $16.2B invested in Labcorp in 2018 Q3 according to their latest regulatory filings, with 74 funds opening new positions, 278 increasing their positions, 299 reducing their positions, and 58 closing their positions.
28% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 58
11% more call options, than puts
Call options by funds: $57.1M | Put options by funds: $51.6M
1% more funds holding
Funds holding: 785 → 793 (+8)
5% less capital invested
Capital invested by funds: $17B → $16.2B (-$821M)
7% less repeat investments, than reductions
Existing positions increased: 278 | Existing positions reduced: 299
1.31% less ownership
Funds ownership: 108.02% → 106.71% (-1.3%)
21% less funds holding in top 10
Funds holding in top 10: 19 → 15 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
+$76.5M |
| 2 |
BlackRock
New York
|
+$75.7M |
| 3 |
PC
Polar Capital
London,
United Kingdom
|
+$46.1M |
| 4 |
Morgan Stanley
New York
|
+$42.1M |
| 5 |
JP Morgan Chase
New York
|
+$37.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$213M |
| 2 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$151M |
| 3 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$80M |
| 4 |
GCM
Glenview Capital Management
New York
|
-$76.2M |
| 5 |
BM
Bridger Management
New York
|
-$61.2M |
LH Hedge Fund Activity: Q3 2018 in Review
793 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Labcorp (LH) for Q3 2018, worth a combined $16.2B — down 4.8% from $17B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new LH positions and 58 closed out — a net gain of 16 holders — while 278 added to existing stakes and 299 trimmed.
The largest buyer was Alyeska Investment Group, opening a new position worth an estimated $76.5M. The largest seller was Boston Partners, cutting an estimated $213M.
- 793 institutional investors held Labcorp (LH) as of Q3 2018, up from 785 in Q2 2018.
- Funds reported $16.2B of Labcorp stock for Q3 2018, down 4.8% quarter-over-quarter.
- 74 funds opened new Labcorp positions in Q3 2018 and 58 closed out, a net change of +16 holders.
- The largest Labcorp buyer in Q3 2018 was Alyeska Investment Group, an estimated $76.5M added.
- The largest Labcorp seller in Q3 2018 was Boston Partners, an estimated $213M sold.
Based on aggregated 13F filings for Q3 2018.