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Lam Research

669 hedge funds and large institutions have $21B invested in Lam Research in 2017 Q1 according to their latest regulatory filings, with 80 funds opening new positions, 241 increasing their positions, 261 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more first-time investments, than exits

New positions opened: 80 | Existing positions closed: 51

44% more funds holding in top 10

Funds holding in top 10: 1826 (+8)

21% more capital invested

Capital invested by funds: $17.3B → $21B (+$3.71B)

3% more funds holding

Funds holding: 651669 (+18)

0.48% more ownership

Funds ownership: 1,006.09%1,006.57% (+0.48%)

8% less repeat investments, than reductions

Existing positions increased: 241 | Existing positions reduced: 261

24% less call options, than puts

Call options by funds: $90.3M | Put options by funds: $119M

Holders
669
Holders Change
+18
Holders Change %
+2.76%
% of All Funds
16.65%
Holding in Top 10
26
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+44.44%
% of All Funds
0.65%
New
80
Increased
241
Reduced
261
Closed
51
Calls
$90.3M
Puts
$119M
Net Calls
-$28.5M
Net Calls Change
-$24.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.02B +$55.4M +4,714,050 +3%
BlackRock
2
BlackRock
New York
$1.67B +$1.5B +127,360,490 +4,380%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$1.35B -$55.2M -4,692,410 -4%
Ameriprise
4
Ameriprise
Minnesota
$1.2B -$34.5M -2,935,250 -3%
State Street
5
State Street
Massachusetts
$913M +$36.8M +3,130,820 +5%
Goldman Sachs
6
Goldman Sachs
New York
$645M +$36.3M +3,086,730 +7%
JHIU
7
Janus Henderson Investors US
Colorado
$463M +$51M +4,335,550 +14%
JP Morgan Chase
8
JP Morgan Chase
New York
$455M -$184M -15,617,540 -31%
LSV Asset Management
9
LSV Asset Management
Illinois
$309M +$52.8M +4,494,020 +23%
TCIM
10
TIAA CREF Investment Management
New York
$305M +$9.75M +829,740 +4%
Ninety One (UK)
11
Ninety One (UK)
United Kingdom
$301M -$3.76M -319,460 -1%
WRF
12
Waddell & Reed Financial
Kansas
$291M -$49M -4,165,760 -16%
Wellington Management Group
13
Wellington Management Group
Massachusetts
$280M -$21.3M -1,814,150 -8%
Bank of America
14
Bank of America
North Carolina
$272M +$30M +2,554,240 +14%
Allianz Asset Management
15
Allianz Asset Management
Germany
$259M +$6.62M +563,480 +3%
Northern Trust
16
Northern Trust
Illinois
$242M +$4.06M +345,690 +2%
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$240M +$9.44M +802,610 +4%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$239M -$38.7M -3,293,860 -15%
Citadel Advisors
19
Citadel Advisors
Florida
$238M +$97.1M +8,258,870 +80%
American Century Companies
20
American Century Companies
Missouri
$232M +$15.8M +1,345,550 +8%
Invesco
21
Invesco
Georgia
$229M +$12.2M +1,034,440 +6%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$223M +$17M +1,442,830 +9%
AQR Capital Management
23
AQR Capital Management
Connecticut
$193M -$7.87M -669,580 -4%
Bank of Montreal
24
Bank of Montreal
Ontario, Canada
$179M +$118M +10,031,820 +256%
PNC Financial Services Group
25
PNC Financial Services Group
Pennsylvania
$175M -$4.59M -390,600 -3%

LRCX Hedge Fund Activity: Q1 2017 in Review

669 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Lam Research (LRCX) for Q1 2017, worth a combined $21B — up 21% from $17.3B a quarter earlier.

Buyers outnumbered sellers: 80 funds opened new LRCX positions and 51 closed out — a net gain of 29 holders — while 241 added to existing stakes and 261 trimmed.

The largest buyer was BlackRock, adding an estimated $1.5B. The largest seller was Maverick Capital, cutting an estimated $209M.

  • 669 institutional investors held Lam Research (LRCX) as of Q1 2017, up from 651 in Q4 2016.
  • Funds reported $21B of Lam Research stock for Q1 2017, up 21% quarter-over-quarter.
  • 80 funds opened new Lam Research positions in Q1 2017 and 51 closed out, a net change of +29 holders.
  • The largest Lam Research buyer in Q1 2017 was BlackRock, an estimated $1.5B added.
  • The largest Lam Research seller in Q1 2017 was Maverick Capital, an estimated $209M sold.

Based on aggregated 13F filings for Q1 2017.