Labcorp
693 hedge funds and large institutions have $13.4B invested in Labcorp in 2017 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 240 increasing their positions, 263 reducing their positions, and 54 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 16 → 20 (+4)
22% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 54
11% more capital invested
Capital invested by funds: $12.1B → $13.4B (+$1.29B)
0.29% less ownership
Funds ownership: 106.42% → 106.13% (-0.29%)
0% less funds holding
Funds holding: 696 → 693 (-3)
9% less repeat investments, than reductions
Existing positions increased: 240 | Existing positions reduced: 263
25% less call options, than puts
Call options by funds: $22.6M | Put options by funds: $30M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.08B |
| 2 |
Two Sigma Investments
New York
|
+$63.6M |
| 3 |
TCP
Tourbillon Capital Partners
New York
|
+$56.9M |
| 4 |
JP Morgan Chase
New York
|
+$54.3M |
| 5 |
Two Sigma Advisers
New York
|
+$48.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
-$210M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$59.9M |
| 3 |
CCM
Chieftain Capital Management
New York
|
-$47.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$34.9M |
| 5 |
First Eagle Investment Management
New York
|
-$34.5M |
LH Hedge Fund Activity: Q1 2017 in Review
693 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Labcorp (LH) for Q1 2017, worth a combined $13.4B — up 11% from $12.1B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new LH positions and 54 closed out — a net gain of 12 holders — while 240 added to existing stakes and 263 trimmed.
The largest buyer was BlackRock, adding an estimated $1.08B. The largest seller was Glenview Capital Management, cutting an estimated $210M.
- 693 institutional investors held Labcorp (LH) as of Q1 2017, down from 696 in Q4 2016.
- Funds reported $13.4B of Labcorp stock for Q1 2017, up 11% quarter-over-quarter.
- 66 funds opened new Labcorp positions in Q1 2017 and 54 closed out, a net change of +12 holders.
- The largest Labcorp buyer in Q1 2017 was BlackRock, an estimated $1.08B added.
- The largest Labcorp seller in Q1 2017 was Glenview Capital Management, an estimated $210M sold.
Based on aggregated 13F filings for Q1 2017.