Lam Research
LRCX
446 hedge funds and large institutions have $8.28B invested in Lam Research in 2013 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 174 increasing their positions, 147 reducing their positions, and 27 closing their positions.
148% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 27
44% more call options, than puts
Call options by funds: $83.4M | Put options by funds: $57.8M
18% more repeat investments, than reductions
Existing positions increased: 174 | Existing positions reduced: 147
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
9% more funds holding
Funds holding: 408 → 446 (+38)
12.81% less ownership
Funds ownership: 106.51% → 93.7% (-13%)
56% less capital inflows, than outflows
Capital inflows: $871M | Capital outflows: $1.96B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Columbus Circle Investors
|
+$59.5M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$44.3M |
| 3 |
Dorsal Capital Management
Redwood City,
California
|
+$38.1M |
| 4 |
SAC Capital Advisors
Stamford,
Connecticut
|
+$37.3M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$27.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$992M |
| 2 |
Goldman Sachs
New York
|
-$184M |
| 3 |
Cadian Capital Management
New York
|
-$135M |
| 4 |
JP Morgan Chase
New York
|
-$72.9M |
| 5 |
Putnam Investments
Boston,
Massachusetts
|
-$52.3M |
LRCX Hedge Fund Activity: Q4 2013 in Review
446 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Lam Research (LRCX) for Q4 2013, worth a combined $8.28B — down 24% from $10.9B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new LRCX positions and 27 closed out — a net gain of 40 holders — while 174 added to existing stakes and 147 trimmed.
The largest buyer was Columbus Circle Investors, adding an estimated $59.5M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $992M.
- 446 institutional investors held Lam Research (LRCX) as of Q4 2013, up from 408 in Q3 2013.
- Funds reported $8.28B of Lam Research stock for Q4 2013, down 24% quarter-over-quarter.
- 67 funds opened new Lam Research positions in Q4 2013 and 27 closed out, a net change of +40 holders.
- The largest Lam Research buyer in Q4 2013 was Columbus Circle Investors, an estimated $59.5M added.
- The largest Lam Research seller in Q4 2013 was BNP Paribas Financial Markets, an estimated $992M sold.
Based on aggregated 13F filings for Q4 2013.