Labcorp
855 hedge funds and large institutions have $15.8B invested in Labcorp in 2024 Q2 according to their latest regulatory filings, with 81 funds opening new positions, 307 increasing their positions, 325 reducing their positions, and 142 closing their positions.
65% more call options, than puts
Call options by funds: $68.7M | Put options by funds: $41.7M
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
6% less repeat investments, than reductions
Existing positions increased: 307 | Existing positions reduced: 325
10% less capital inflows, than outflows
Capital inflows: $1.33B | Capital outflows: $1.48B
1.24% less ownership
Funds ownership: 93.23% → 91.99% (-1.2%)
8% less funds holding
Funds holding: 927 → 855 (-72)
43% less first-time investments, than exits
New positions opened: 81 | Existing positions closed: 142
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$188M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$81.3M |
| 3 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$80.4M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$80.3M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$75.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$296M |
| 2 |
UBS AM
Chicago,
Illinois
|
-$96.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$71.5M |
| 4 |
Goldman Sachs
New York
|
-$70.6M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$66.9M |
LH Hedge Fund Activity: Q2 2024 in Review
855 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Labcorp (LH) for Q2 2024, worth a combined $15.8B — down 7.7% from $17.1B a quarter earlier.
Sellers outnumbered buyers: 142 funds closed out of LH and 81 opened new positions — a net loss of 61 holders — while 325 trimmed existing stakes and 307 added.
The largest buyer was Bank of New York Mellon, adding an estimated $188M. The largest seller was Lazard Asset Management, cutting an estimated $296M.
- 855 institutional investors held Labcorp (LH) as of Q2 2024, down from 927 in Q1 2024.
- Funds reported $15.8B of Labcorp stock for Q2 2024, down 7.7% quarter-over-quarter.
- 81 funds opened new Labcorp positions in Q2 2024 and 142 closed out, a net change of -61 holders.
- The largest Labcorp buyer in Q2 2024 was Bank of New York Mellon, an estimated $188M added.
- The largest Labcorp seller in Q2 2024 was Lazard Asset Management, an estimated $296M sold.
Based on aggregated 13F filings for Q2 2024.