Lam Research
LRCX
1,730 hedge funds and large institutions have $107B invested in Lam Research in 2024 Q1 according to their latest regulatory filings, with 228 funds opening new positions, 557 increasing their positions, 698 reducing their positions, and 106 closing their positions.
115% more first-time investments, than exits
New positions opened: 228 | Existing positions closed: 106
21% more capital invested
Capital invested by funds: $88.4B → $107B (+$18.4B)
19% more funds holding in top 10
Funds holding in top 10: 54 → 64 (+10)
6% more funds holding
Funds holding: 1,630 → 1,730 (+100)
16% less call options, than puts
Call options by funds: $2.76B | Put options by funds: $3.27B
20% less repeat investments, than reductions
Existing positions increased: 557 | Existing positions reduced: 698
21.49% less ownership
Funds ownership: 861.79% → 840.3% (-21%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$420M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$352M |
| 3 |
BlackRock
New York
|
+$347M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$308M |
| 5 |
JP Morgan Chase
New York
|
+$219M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.54B |
| 2 |
Fisher Asset Management
Camas,
Washington
|
-$974M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$669M |
| 4 |
Cerity Partners
New York
|
-$267M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$250M |
LRCX Hedge Fund Activity: Q1 2024 in Review
1,730 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Lam Research (LRCX) for Q1 2024, worth a combined $107B — up 21% from $88.4B a quarter earlier.
Buyers outnumbered sellers: 228 funds opened new LRCX positions and 106 closed out — a net gain of 122 holders — while 557 added to existing stakes and 698 trimmed.
The largest buyer was T. Rowe Price Investment Management, adding an estimated $420M. The largest seller was Morgan Stanley, cutting an estimated $1.54B.
- 1,730 institutional investors held Lam Research (LRCX) as of Q1 2024, up from 1,630 in Q4 2023.
- Funds reported $107B of Lam Research stock for Q1 2024, up 21% quarter-over-quarter.
- 228 funds opened new Lam Research positions in Q1 2024 and 106 closed out, a net change of +122 holders.
- The largest Lam Research buyer in Q1 2024 was T. Rowe Price Investment Management, an estimated $420M added.
- The largest Lam Research seller in Q1 2024 was Morgan Stanley, an estimated $1.54B sold.
Based on aggregated 13F filings for Q1 2024.