Labcorp
809 hedge funds and large institutions have $16.6B invested in Labcorp in 2020 Q3 according to their latest regulatory filings, with 91 funds opening new positions, 244 increasing their positions, 326 reducing their positions, and 71 closing their positions.
28% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 71
11% more capital invested
Capital invested by funds: $14.9B → $16.6B (+$1.7B)
5% more funds holding in top 10
Funds holding in top 10: 22 → 23 (+1)
1% more funds holding
Funds holding: 798 → 809 (+11)
1% less call options, than puts
Call options by funds: $109M | Put options by funds: $109M
1.03% less ownership
Funds ownership: 106.75% → 105.72% (-1%)
25% less repeat investments, than reductions
Existing positions increased: 244 | Existing positions reduced: 326
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$367M |
| 2 |
MCM
Melvin Capital Management
New York
|
+$116M |
| 3 |
Viking Global Investors
Stamford,
Connecticut
|
+$79.3M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$77.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$56.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
-$285M |
| 2 |
HM
HealthCor Management
New York
|
-$92M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$75.8M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$66.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$62.7M |
LH Hedge Fund Activity: Q3 2020 in Review
809 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Labcorp (LH) for Q3 2020, worth a combined $16.6B — up 11% from $14.9B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new LH positions and 71 closed out — a net gain of 20 holders — while 244 added to existing stakes and 326 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $367M. The largest seller was Nordea Investment Management, cutting an estimated $285M.
- 809 institutional investors held Labcorp (LH) as of Q3 2020, up from 798 in Q2 2020.
- Funds reported $16.6B of Labcorp stock for Q3 2020, up 11% quarter-over-quarter.
- 91 funds opened new Labcorp positions in Q3 2020 and 71 closed out, a net change of +20 holders.
- The largest Labcorp buyer in Q3 2020 was Wellington Management Group, an estimated $367M added.
- The largest Labcorp seller in Q3 2020 was Nordea Investment Management, an estimated $285M sold.
Based on aggregated 13F filings for Q3 2020.