Labcorp
691 hedge funds and large institutions have $14.7B invested in Labcorp in 2017 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 231 increasing their positions, 250 reducing their positions, and 54 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 20 → 30 (+10)
18% more call options, than puts
Call options by funds: $45.7M | Put options by funds: $38.8M
10% more capital invested
Capital invested by funds: $13.4B → $14.7B (+$1.27B)
2.41% more ownership
Funds ownership: 106.13% → 108.54% (+2.4%)
4% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 54
0% less funds holding
Funds holding: 693 → 691 (-2)
8% less repeat investments, than reductions
Existing positions increased: 231 | Existing positions reduced: 250
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
+$125M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$114M |
| 3 |
UBS AM
Chicago,
Illinois
|
+$90.9M |
| 4 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$85.5M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
+$55.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$131M |
| 2 |
Bank of New York Mellon
New York
|
-$58M |
| 3 |
CCM
Chieftain Capital Management
New York
|
-$53.4M |
| 4 |
Millennium Management
New York
|
-$52.2M |
| 5 |
BlackRock
New York
|
-$49.4M |
LH Hedge Fund Activity: Q2 2017 in Review
691 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Labcorp (LH) for Q2 2017, worth a combined $14.7B — up 9.5% from $13.4B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new LH positions and 54 closed out — a net gain of 2 holders — while 231 added to existing stakes and 250 trimmed.
The largest buyer was Janus Henderson Group, adding an estimated $125M. The largest seller was Alyeska Investment Group, cutting an estimated $131M.
- 691 institutional investors held Labcorp (LH) as of Q2 2017, down from 693 in Q1 2017.
- Funds reported $14.7B of Labcorp stock for Q2 2017, up 9.5% quarter-over-quarter.
- 56 funds opened new Labcorp positions in Q2 2017 and 54 closed out, a net change of +2 holders.
- The largest Labcorp buyer in Q2 2017 was Janus Henderson Group, an estimated $125M added.
- The largest Labcorp seller in Q2 2017 was Alyeska Investment Group, an estimated $131M sold.
Based on aggregated 13F filings for Q2 2017.