Labcorp
957 hedge funds and large institutions have $18.3B invested in Labcorp in 2023 Q4 according to their latest regulatory filings, with 138 funds opening new positions, 299 increasing their positions, 357 reducing their positions, and 51 closing their positions.
171% more first-time investments, than exits
New positions opened: 138 | Existing positions closed: 51
67% more funds holding in top 10
Funds holding in top 10: 9 → 15 (+6)
57% more call options, than puts
Call options by funds: $79.1M | Put options by funds: $50.5M
12% more capital invested
Capital invested by funds: $16.4B → $18.3B (+$1.9B)
9% more funds holding
Funds holding: 882 → 957 (+75)
2.72% more ownership
Funds ownership: 92.09% → 94.81% (+2.7%)
16% less repeat investments, than reductions
Existing positions increased: 299 | Existing positions reduced: 357
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$108M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$85.8M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$80M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$77M |
| 5 |
MIM
Meridiem Investment Management
London,
United Kingdom
|
+$58.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$291M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$93.9M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$84.2M |
| 4 |
Lazard Asset Management
New York
|
-$82.2M |
| 5 |
Morgan Stanley
New York
|
-$59.9M |
LH Hedge Fund Activity: Q4 2023 in Review
957 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Labcorp (LH) for Q4 2023, worth a combined $18.3B — up 12% from $16.4B a quarter earlier.
Buyers outnumbered sellers: 138 funds opened new LH positions and 51 closed out — a net gain of 87 holders — while 299 added to existing stakes and 357 trimmed.
The largest buyer was Norges Bank, adding an estimated $108M. The largest seller was BlackRock, cutting an estimated $291M.
- 957 institutional investors held Labcorp (LH) as of Q4 2023, up from 882 in Q3 2023.
- Funds reported $18.3B of Labcorp stock for Q4 2023, up 12% quarter-over-quarter.
- 138 funds opened new Labcorp positions in Q4 2023 and 51 closed out, a net change of +87 holders.
- The largest Labcorp buyer in Q4 2023 was Norges Bank, an estimated $108M added.
- The largest Labcorp seller in Q4 2023 was BlackRock, an estimated $291M sold.
Based on aggregated 13F filings for Q4 2023.