Labcorp
882 hedge funds and large institutions have $16.4B invested in Labcorp in 2023 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 113 increasing their positions, 697 reducing their positions, and 104 closing their positions.
129% more call options, than puts
Call options by funds: $120M | Put options by funds: $52.6M
5% less funds holding
Funds holding: 931 → 882 (-49)
14.22% less ownership
Funds ownership: 106.31% → 92.09% (-14%)
15% less capital invested
Capital invested by funds: $19.2B → $16.4B (-$2.85B)
34% less first-time investments, than exits
New positions opened: 69 | Existing positions closed: 104
57% less funds holding in top 10
Funds holding in top 10: 21 → 9 (-12)
84% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 697
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$228M |
| 2 |
Morgan Stanley
New York
|
+$199M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$165M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$104M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$93.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$614M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$385M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$168M |
| 4 |
State Street
Boston,
Massachusetts
|
-$158M |
| 5 |
GCM
Gates Capital Management
New York
|
-$131M |
LH Hedge Fund Activity: Q3 2023 in Review
882 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Labcorp (LH) for Q3 2023, worth a combined $16.4B — down 15% from $19.2B a quarter earlier.
Sellers outnumbered buyers: 104 funds closed out of LH and 69 opened new positions — a net loss of 35 holders — while 697 trimmed existing stakes and 113 added.
The largest buyer was Diamond Hill Capital Management, adding an estimated $228M. The largest seller was BlackRock, cutting an estimated $614M.
- 882 institutional investors held Labcorp (LH) as of Q3 2023, down from 931 in Q2 2023.
- Funds reported $16.4B of Labcorp stock for Q3 2023, down 15% quarter-over-quarter.
- 69 funds opened new Labcorp positions in Q3 2023 and 104 closed out, a net change of -35 holders.
- The largest Labcorp buyer in Q3 2023 was Diamond Hill Capital Management, an estimated $228M added.
- The largest Labcorp seller in Q3 2023 was BlackRock, an estimated $614M sold.
Based on aggregated 13F filings for Q3 2023.