Labcorp
920 hedge funds and large institutions have $17.1B invested in Labcorp in 2024 Q3 according to their latest regulatory filings, with 134 funds opening new positions, 312 increasing their positions, 318 reducing their positions, and 63 closing their positions.
113% more first-time investments, than exits
New positions opened: 134 | Existing positions closed: 63
8% more capital invested
Capital invested by funds: $15.8B → $17.1B (+$1.32B)
8% more funds holding
Funds holding: 854 → 920 (+66)
0.73% less ownership
Funds ownership: 91.99% → 91.26% (-0.73%)
2% less repeat investments, than reductions
Existing positions increased: 312 | Existing positions reduced: 318
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
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 |
SCA
Southpoint Capital Advisors
New York
|
-$102M |
| 3 |
BlackRock
New York
|
-$75.1M |
| 4 |
MGP
M&G plc
London,
United Kingdom
|
-$41.8M |
| 5 |
PI
PineBridge Investments
New York
|
-$36.4M |
LH Hedge Fund Activity: Q3 2024 in Review
920 of the 6,978 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: 134 funds opened new LH positions and 63 closed out — a net gain of 71 holders — while 312 added to existing stakes and 318 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.
- 920 institutional investors held Labcorp (LH) as of Q3 2024, up from 854 in Q2 2024.
- Funds reported $17.1B of Labcorp stock for Q3 2024, up 8.4% quarter-over-quarter.
- 134 funds opened new Labcorp positions in Q3 2024 and 63 closed out, a net change of +71 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.