Labcorp
923 hedge funds and large institutions have $17.1B invested in Labcorp in 2024 Q3 according to their latest regulatory filings, with 135 funds opening new positions, 312 increasing their positions, 320 reducing their positions, and 63 closing their positions.
114% more first-time investments, than exits
New positions opened: 135 | Existing positions closed: 63
8% more funds holding
Funds holding: 856 → 923 (+67)
0.73% less ownership
Funds ownership: 91.99% → 91.26% (-0.73%)
3% less repeat investments, than reductions
Existing positions increased: 312 | Existing positions reduced: 320
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
15% less capital inflows, than outflows
Capital inflows: $994M | Capital outflows: $1.18B
22% less call options, than puts
Call options by funds: $41.3M | Put options by funds: $52.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$78.1M |
| 2 |
Select Equity Group
New York
|
+$59.9M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$57.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$50.7M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$37.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$418M |
| 2 |
Southpoint Capital Advisors
New York
|
-$102M |
| 3 |
BlackRock
New York
|
-$75.1M |
| 4 |
M&G plc
London,
United Kingdom
|
-$41.8M |
| 5 |
PineBridge Investments
New York
|
-$36.4M |
LH Hedge Fund Activity: Q3 2024 in Review
923 of the 6,987 institutional investors tracked by Wall St. Rank reported a position in Labcorp (LH) for Q3 2024, worth a combined $17.1B — up 8.4% from $15.8B a quarter earlier.
Buyers outnumbered sellers: 135 funds opened new LH positions and 63 closed out — a net gain of 72 holders — while 312 added to existing stakes and 320 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $78.1M. The largest seller was Wellington Management Group, cutting an estimated $418M.
- 923 institutional investors held Labcorp (LH) as of Q3 2024, up from 856 in Q2 2024.
- Funds reported $17.1B of Labcorp stock for Q3 2024, up 8.4% quarter-over-quarter.
- 135 funds opened new Labcorp positions in Q3 2024 and 63 closed out, a net change of +72 holders.
- The largest Labcorp buyer in Q3 2024 was Goldman Sachs, an estimated $78.1M added.
- The largest Labcorp seller in Q3 2024 was Wellington Management Group, an estimated $418M sold.
Based on aggregated 13F filings for Q3 2024.