Labcorp
792 hedge funds and large institutions have $15.4B invested in Labcorp in 2018 Q1 according to their latest regulatory filings, with 87 funds opening new positions, 267 increasing their positions, 284 reducing their positions, and 40 closing their positions.
118% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 40
5% more funds holding
Funds holding: 753 → 792 (+39)
1.34% more ownership
Funds ownership: 107.49% → 108.83% (+1.3%)
3% more capital invested
Capital invested by funds: $15B → $15.4B (+$415M)
2% less call options, than puts
Call options by funds: $36.8M | Put options by funds: $37.5M
6% less repeat investments, than reductions
Existing positions increased: 267 | Existing positions reduced: 284
13% less funds holding in top 10
Funds holding in top 10: 16 → 14 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$133M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$120M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$70.1M |
| 4 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
+$53.2M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$33.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
-$139M |
| 2 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$95.7M |
| 3 |
Goldman Sachs
New York
|
-$45.6M |
| 4 |
CCM
Check Capital Management
Costa Mesa,
California
|
-$42.7M |
| 5 |
State Street
Boston,
Massachusetts
|
-$40.8M |
LH Hedge Fund Activity: Q1 2018 in Review
792 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Labcorp (LH) for Q1 2018, worth a combined $15.4B — up 2.8% from $15B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new LH positions and 40 closed out — a net gain of 47 holders — while 267 added to existing stakes and 284 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $133M. The largest seller was Glenview Capital Management, cutting an estimated $139M.
- 792 institutional investors held Labcorp (LH) as of Q1 2018, up from 753 in Q4 2017.
- Funds reported $15.4B of Labcorp stock for Q1 2018, up 2.8% quarter-over-quarter.
- 87 funds opened new Labcorp positions in Q1 2018 and 40 closed out, a net change of +47 holders.
- The largest Labcorp buyer in Q1 2018 was Deutsche Bank, an estimated $133M added.
- The largest Labcorp seller in Q1 2018 was Glenview Capital Management, an estimated $139M sold.
Based on aggregated 13F filings for Q1 2018.