Lam Research
LRCX
1,362 hedge funds and large institutions have $60.5B invested in Lam Research in 2023 Q1 according to their latest regulatory filings, with 170 funds opening new positions, 470 increasing their positions, 492 reducing their positions, and 125 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 28 → 42 (+14)
45.99% more ownership
Funds ownership: 823.5% → 869.48% (+46%)
36% more first-time investments, than exits
New positions opened: 170 | Existing positions closed: 125
28% more capital invested
Capital invested by funds: $47.3B → $60.5B (+$13.2B)
1% more funds holding
Funds holding: 1,345 → 1,362 (+17)
4% less repeat investments, than reductions
Existing positions increased: 470 | Existing positions reduced: 492
24% less call options, than puts
Call options by funds: $1.8B | Put options by funds: $2.36B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.57B |
| 2 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$845M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$310M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$259M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$189M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$351M |
| 2 |
Barclays
London,
United Kingdom
|
-$270M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
-$251M |
| 4 |
PAMS
Pictet Asset Management (Switzerland)
Geneva 73,
Switzerland
|
-$135M |
| 5 |
JP Morgan Chase
New York
|
-$118M |
LRCX Hedge Fund Activity: Q1 2023 in Review
1,362 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Lam Research (LRCX) for Q1 2023, worth a combined $60.5B — up 28% from $47.3B a quarter earlier.
Buyers outnumbered sellers: 170 funds opened new LRCX positions and 125 closed out — a net gain of 45 holders — while 470 added to existing stakes and 492 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $1.57B. The largest seller was Millennium Management, cutting an estimated $351M.
- 1,362 institutional investors held Lam Research (LRCX) as of Q1 2023, up from 1,345 in Q4 2022.
- Funds reported $60.5B of Lam Research stock for Q1 2023, up 28% quarter-over-quarter.
- 170 funds opened new Lam Research positions in Q1 2023 and 125 closed out, a net change of +45 holders.
- The largest Lam Research buyer in Q1 2023 was Envestnet Asset Management, an estimated $1.57B added.
- The largest Lam Research seller in Q1 2023 was Millennium Management, an estimated $351M sold.
Based on aggregated 13F filings for Q1 2023.