Lam Research
LRCX
408 hedge funds and large institutions have $10.9B invested in Lam Research in 2013 Q3 according to their latest regulatory filings, with 59 funds opening new positions, 144 increasing their positions, 148 reducing their positions, and 30 closing their positions.
97% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 30
50% more call options, than puts
Call options by funds: $93.9M | Put options by funds: $62.5M
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
17% more capital invested
Capital invested by funds: $9.28B → $10.9B (+$1.61B)
6% more funds holding
Funds holding: 384 → 408 (+24)
3% less repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 148
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$102M |
| 2 |
UIM
USS Investment Management
London,
United Kingdom
|
+$74.3M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$45.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$44.8M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$119M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
-$72.6M |
| 3 |
Bank of New York Mellon
New York
|
-$50.1M |
| 4 |
KeyBank National Association
Cleveland,
Ohio
|
-$49.5M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$37.7M |
LRCX Hedge Fund Activity: Q3 2013 in Review
408 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Lam Research (LRCX) for Q3 2013, worth a combined $10.9B — up 17% from $9.28B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new LRCX positions and 30 closed out — a net gain of 29 holders — while 144 added to existing stakes and 148 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $102M. The largest seller was JP Morgan Chase, cutting an estimated $119M.
- 408 institutional investors held Lam Research (LRCX) as of Q3 2013, up from 384 in Q2 2013.
- Funds reported $10.9B of Lam Research stock for Q3 2013, up 17% quarter-over-quarter.
- 59 funds opened new Lam Research positions in Q3 2013 and 30 closed out, a net change of +29 holders.
- The largest Lam Research buyer in Q3 2013 was BNP Paribas Financial Markets, an estimated $102M added.
- The largest Lam Research seller in Q3 2013 was JP Morgan Chase, an estimated $119M sold.
Based on aggregated 13F filings for Q3 2013.