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Lam Research

755 hedge funds and large institutions have $28.4B invested in Lam Research in 2017 Q3 according to their latest regulatory filings, with 91 funds opening new positions, 273 increasing their positions, 288 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more first-time investments, than exits

New positions opened: 91 | Existing positions closed: 64

38% more funds holding in top 10

Funds holding in top 10: 2636 (+10)

30% more capital invested

Capital invested by funds: $21.8B → $28.4B (+$6.61B)

2% more funds holding

Funds holding: 739755 (+16)

5% less repeat investments, than reductions

Existing positions increased: 273 | Existing positions reduced: 288

9.06% less ownership

Funds ownership: 955.81%946.75% (-9.1%)

39% less call options, than puts

Call options by funds: $312M | Put options by funds: $508M

Holders
755
Holders Change
+16
Holders Change %
+2.17%
% of All Funds
18.82%
Holding in Top 10
36
Holding in Top 10 Change
+10
Holding in Top 10 Change %
+38.46%
% of All Funds
0.9%
New
91
Increased
273
Reduced
288
Closed
64
Calls
$312M
Puts
$508M
Net Calls
-$196M
Net Calls Change
-$123M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$3.05B +$49.6M +3,054,300 +2%
BlackRock
2
BlackRock
New York
$2.06B -$50.5M -3,113,570 -3%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$1.48B -$313M -19,309,080 -19%
State Street
4
State Street
Massachusetts
$1.25B -$15.2M -938,080 -1%
Ameriprise
5
Ameriprise
Minnesota
$1.18B -$315M -19,427,060 -23%
Janus Henderson Group
6
Janus Henderson Group
United Kingdom
$928M +$44.1M +2,715,460 +6%
JP Morgan Chase
7
JP Morgan Chase
New York
$602M -$17M -1,046,710 -3%
Goldman Sachs
8
Goldman Sachs
New York
$500M +$139M +8,550,700 +46%
Allianz Asset Management
9
Allianz Asset Management
Germany
$446M +$84.9M +5,229,790 +28%
LSV Asset Management
10
LSV Asset Management
Illinois
$436M -$3.6M -222,060 -0.9%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$423M +$86.1M +5,308,600 +30%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$410M +$46.3M +2,853,570 +15%
Northern Trust
13
Northern Trust
Illinois
$381M +$28.2M +1,740,780 +9%
Invesco
14
Invesco
Georgia
$368M -$2.27M -140,150 -0.7%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$345M -$1.3M -80,320 -0.4%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$341M +$11.4M +700,490 +4%
Bank of America
17
Bank of America
North Carolina
$339M +$8.43M +519,620 +3%
TCIM
18
TIAA CREF Investment Management
New York
$331M +$18.9M +1,166,670 +7%
American Century Companies
19
American Century Companies
Missouri
$304M -$49.7M -3,062,420 -16%
Nordea Investment Management
20
Nordea Investment Management
Sweden
$291M +$102M +6,260,340 +66%
Bank of Montreal
21
Bank of Montreal
Ontario, Canada
$288M +$35M +2,157,970 +16%
Millennium Management
22
Millennium Management
New York
$287M +$53.2M +3,281,450 +27%
WRF
23
Waddell & Reed Financial
Kansas
$287M -$47.6M -2,935,550 -16%
Citadel Advisors
24
Citadel Advisors
Florida
$284M +$120M +7,418,750 +94%
Norges Bank
25
Norges Bank
Norway
$277M +$4.71M +290,220 +2%

LRCX Hedge Fund Activity: Q3 2017 in Review

755 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Lam Research (LRCX) for Q3 2017, worth a combined $28.4B — up 30% from $21.8B a quarter earlier.

Buyers outnumbered sellers: 91 funds opened new LRCX positions and 64 closed out — a net gain of 27 holders — while 273 added to existing stakes and 288 trimmed.

The largest buyer was Nan Shan Life Insurance, adding an estimated $145M. The largest seller was Ameriprise, cutting an estimated $315M.

  • 755 institutional investors held Lam Research (LRCX) as of Q3 2017, up from 739 in Q2 2017.
  • Funds reported $28.4B of Lam Research stock for Q3 2017, up 30% quarter-over-quarter.
  • 91 funds opened new Lam Research positions in Q3 2017 and 64 closed out, a net change of +27 holders.
  • The largest Lam Research buyer in Q3 2017 was Nan Shan Life Insurance, an estimated $145M added.
  • The largest Lam Research seller in Q3 2017 was Ameriprise, an estimated $315M sold.

Based on aggregated 13F filings for Q3 2017.