Labcorp
674 hedge funds and large institutions have $13.1B invested in Labcorp in 2016 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 242 increasing their positions, 250 reducing their positions, and 66 closing their positions.
6% more capital invested
Capital invested by funds: $12.4B → $13.1B (+$788M)
1.05% more ownership
Funds ownership: 107.79% → 108.84% (+1%)
3% less repeat investments, than reductions
Existing positions increased: 242 | Existing positions reduced: 250
5% less call options, than puts
Call options by funds: $40M | Put options by funds: $42.2M
2% less funds holding
Funds holding: 688 → 674 (-14)
10% less funds holding in top 10
Funds holding in top 10: 20 → 18 (-2)
12% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Institutional Capital
Chicago,
Illinois
|
+$205M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$187M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$66.4M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$48.6M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
+$44.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
-$171M |
| 2 |
Goldman Sachs
New York
|
-$79.5M |
| 3 |
BM
Bridger Management
New York
|
-$57.3M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$49.5M |
| 5 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$48.1M |
LH Hedge Fund Activity: Q3 2016 in Review
674 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Labcorp (LH) for Q3 2016, worth a combined $13.1B — up 6.4% from $12.4B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of LH and 58 opened new positions — a net loss of 8 holders — while 250 trimmed existing stakes and 242 added.
The largest buyer was Institutional Capital, opening a new position worth an estimated $205M. The largest seller was Glenview Capital Management, cutting an estimated $171M.
- 674 institutional investors held Labcorp (LH) as of Q3 2016, down from 688 in Q2 2016.
- Funds reported $13.1B of Labcorp stock for Q3 2016, up 6.4% quarter-over-quarter.
- 58 funds opened new Labcorp positions in Q3 2016 and 66 closed out, a net change of -8 holders.
- The largest Labcorp buyer in Q3 2016 was Institutional Capital, an estimated $205M added.
- The largest Labcorp seller in Q3 2016 was Glenview Capital Management, an estimated $171M sold.
Based on aggregated 13F filings for Q3 2016.