Labcorp
907 hedge funds and large institutions have $17.8B invested in Labcorp in 2020 Q4 according to their latest regulatory filings, with 147 funds opening new positions, 315 increasing their positions, 299 reducing their positions, and 42 closing their positions.
250% more first-time investments, than exits
New positions opened: 147 | Existing positions closed: 42
26% more call options, than puts
Call options by funds: $104M | Put options by funds: $82.3M
12% more funds holding
Funds holding: 810 → 907 (+97)
7% more capital invested
Capital invested by funds: $16.6B → $17.8B (+$1.21B)
5% more repeat investments, than reductions
Existing positions increased: 315 | Existing positions reduced: 299
0.83% less ownership
Funds ownership: 105.52% → 104.68% (-0.83%)
9% less funds holding in top 10
Funds holding in top 10: 23 → 21 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP
Jana Partners
New York
|
+$163M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$101M |
| 3 |
EC
Eminence Capital
New York
|
+$93.6M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$89.2M |
| 5 |
Morgan Stanley
New York
|
+$88.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$154M |
| 2 |
MCM
Melvin Capital Management
New York
|
-$153M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$109M |
| 4 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$75.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$68.9M |
LH Hedge Fund Activity: Q4 2020 in Review
907 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Labcorp (LH) for Q4 2020, worth a combined $17.8B — up 7.3% from $16.6B a quarter earlier.
Buyers outnumbered sellers: 147 funds opened new LH positions and 42 closed out — a net gain of 105 holders — while 315 added to existing stakes and 299 trimmed.
The largest buyer was Jana Partners, opening a new position worth an estimated $163M. The largest seller was Franklin Resources, cutting an estimated $154M.
- 907 institutional investors held Labcorp (LH) as of Q4 2020, up from 810 in Q3 2020.
- Funds reported $17.8B of Labcorp stock for Q4 2020, up 7.3% quarter-over-quarter.
- 147 funds opened new Labcorp positions in Q4 2020 and 42 closed out, a net change of +105 holders.
- The largest Labcorp buyer in Q4 2020 was Jana Partners, an estimated $163M added.
- The largest Labcorp seller in Q4 2020 was Franklin Resources, an estimated $154M sold.
Based on aggregated 13F filings for Q4 2020.