Labcorp
631 hedge funds and large institutions have $11B invested in Labcorp in 2016 Q1 according to their latest regulatory filings, with 73 funds opening new positions, 217 increasing their positions, 228 reducing their positions, and 70 closing their positions.
1.88% more ownership
Funds ownership: 110.81% → 112.69% (+1.9%)
4% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 70
1% less funds holding
Funds holding: 635 → 631 (-4)
5% less repeat investments, than reductions
Existing positions increased: 217 | Existing positions reduced: 228
6% less funds holding in top 10
Funds holding in top 10: 16 → 15 (-1)
22% less capital invested
Capital invested by funds: $14.2B → $11B (-$3.16B)
51% less call options, than puts
Call options by funds: $39M | Put options by funds: $79.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
+$319M |
| 2 |
Lazard Asset Management
New York
|
+$72M |
| 3 |
NC
Nicholas Company
Milwaukee,
Wisconsin
|
+$61.1M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$59.6M |
| 5 |
GTP
Global Thematic Partners
New York
|
+$47.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Americafirst Capital Management
Roseville,
California
|
-$2.33B |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
-$283M |
| 3 |
JP
Jana Partners
New York
|
-$86.1M |
| 4 |
SC
Samlyn Capital
New York
|
-$58.2M |
| 5 |
VAM
Visium Asset Management
New York
|
-$41.3M |
LH Hedge Fund Activity: Q1 2016 in Review
631 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Labcorp (LH) for Q1 2016, worth a combined $11B — down 22% from $14.2B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new LH positions and 70 closed out — a net gain of 3 holders — while 217 added to existing stakes and 228 trimmed.
The largest buyer was Royal London Asset Management, adding an estimated $319M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $2.33B sold.
- 631 institutional investors held Labcorp (LH) as of Q1 2016, down from 635 in Q4 2015.
- Funds reported $11B of Labcorp stock for Q1 2016, down 22% 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 Royal London Asset Management, an estimated $319M added.
- The largest Labcorp seller in Q1 2016 was Americafirst Capital Management, an estimated $2.33B sold.
Based on aggregated 13F filings for Q1 2016.