Labcorp
631 hedge funds and large institutions have $11.2B invested in Labcorp in 2016 Q1 according to their latest regulatory filings, with 73 funds opening new positions, 216 increasing their positions, 229 reducing their positions, and 70 closing their positions.
4% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 70
1% less funds holding
Funds holding: 635 → 631 (-4)
6% less repeat investments, than reductions
Existing positions increased: 216 | Existing positions reduced: 229
1.37% less ownership
Funds ownership: 110.77% → 109.4% (-1.4%)
6% less capital invested
Capital invested by funds: $11.9B → $11.2B (-$713M)
6% less funds holding in top 10
Funds holding in top 10: 16 → 15 (-1)
51% less call options, than puts
Call options by funds: $39M | Put options by funds: $79.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$72M |
| 2 |
NC
Nicholas Company
Milwaukee,
Wisconsin
|
+$61.1M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
+$59.6M |
| 4 |
GTP
Global Thematic Partners
New York
|
+$47.6M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$40.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
-$283M |
| 2 |
JP
Jana Partners
New York
|
-$86.1M |
| 3 |
SC
Samlyn Capital
New York
|
-$58.2M |
| 4 |
VAM
Visium Asset Management
New York
|
-$41.3M |
| 5 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
-$37.1M |
LH Hedge Fund Activity: Q1 2016 in Review
631 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Labcorp (LH) for Q1 2016, worth a combined $11.2B — down 6% from $11.9B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new LH positions and 70 closed out — a net gain of 3 holders — while 216 added to existing stakes and 229 trimmed.
The largest buyer was Lazard Asset Management, opening a new position worth an estimated $72M. The largest seller was Viking Global Investors, cutting an estimated $283M.
- 631 institutional investors held Labcorp (LH) as of Q1 2016, down from 635 in Q4 2015.
- Funds reported $11.2B of Labcorp stock for Q1 2016, down 6% quarter-over-quarter.
- 73 funds opened new Labcorp positions in Q1 2016 and 70 closed out, a net change of +3 holders.
- The largest Labcorp buyer in Q1 2016 was Lazard Asset Management, an estimated $72M added.
- The largest Labcorp seller in Q1 2016 was Viking Global Investors, an estimated $283M sold.
Based on aggregated 13F filings for Q1 2016.