Labcorp
745 hedge funds and large institutions have $13.9B invested in Labcorp in 2019 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 269 increasing their positions, 273 reducing their positions, and 75 closing their positions.
32% more call options, than puts
Call options by funds: $72.5M | Put options by funds: $54.8M
26% more capital invested
Capital invested by funds: $11B → $13.9B (+$2.89B)
17% more funds holding in top 10
Funds holding in top 10: 12 → 14 (+2)
11% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 75
4.41% more ownership
Funds ownership: 103.48% → 107.88% (+4.4%)
0% more funds holding
Funds holding: 743 → 745 (+2)
1% less repeat investments, than reductions
Existing positions increased: 269 | Existing positions reduced: 273
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$111M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$103M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$97.2M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$55.9M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$53.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$160M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$76.3M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$73.7M |
| 4 |
Two Sigma Investments
New York
|
-$54.8M |
| 5 |
Morgan Stanley
New York
|
-$35.5M |
LH Hedge Fund Activity: Q1 2019 in Review
745 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Labcorp (LH) for Q1 2019, worth a combined $13.9B — up 26% from $11B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new LH positions and 75 closed out — a net gain of 8 holders — while 269 added to existing stakes and 273 trimmed.
The largest buyer was Millennium Management, adding an estimated $111M. The largest seller was Amundi Asset Management US, cutting an estimated $160M.
- 745 institutional investors held Labcorp (LH) as of Q1 2019, up from 743 in Q4 2018.
- Funds reported $13.9B of Labcorp stock for Q1 2019, up 26% quarter-over-quarter.
- 83 funds opened new Labcorp positions in Q1 2019 and 75 closed out, a net change of +8 holders.
- The largest Labcorp buyer in Q1 2019 was Millennium Management, an estimated $111M added.
- The largest Labcorp seller in Q1 2019 was Amundi Asset Management US, an estimated $160M sold.
Based on aggregated 13F filings for Q1 2019.