Lam Research
LRCX
1,733 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, 701 reducing their positions, and 104 closing their positions.
119% more first-time investments, than exits
New positions opened: 228 | Existing positions closed: 104
23% more capital invested
Capital invested by funds: $87.1B → $107B (+$19.8B)
19% more funds holding in top 10
Funds holding in top 10: 54 → 64 (+10)
6% more funds holding
Funds holding: 1,631 → 1,733 (+102)
8% less ownership
Funds ownership: 849.59% → 841.59% (-8%)
16% less call options, than puts
Call options by funds: $2.76B | Put options by funds: $3.27B
21% less repeat investments, than reductions
Existing positions increased: 557 | Existing positions reduced: 701
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 |
Fisher Asset Management
Camas,
Washington
|
-$974M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$669M |
| 3 |
Cerity Partners
New York
|
-$267M |
| 4 |
Janus Henderson Group
London,
|
-$250M |
| 5 |
Goldman Sachs
New York
|
-$245M |
LRCX Hedge Fund Activity: Q1 2024 in Review
1,733 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Lam Research (LRCX) for Q1 2024, worth a combined $107B — up 23% from $87.1B a quarter earlier.
Buyers outnumbered sellers: 228 funds opened new LRCX positions and 104 closed out — a net gain of 124 holders — while 557 added to existing stakes and 701 trimmed.
The largest buyer was T. Rowe Price Investment Management, adding an estimated $420M. The largest seller was Fisher Asset Management, cutting an estimated $974M.
- 1,733 institutional investors held Lam Research (LRCX) as of Q1 2024, up from 1,631 in Q4 2023.
- Funds reported $107B of Lam Research stock for Q1 2024, up 23% quarter-over-quarter.
- 228 funds opened new Lam Research positions in Q1 2024 and 104 closed out, a net change of +124 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 Fisher Asset Management, an estimated $974M sold.
Based on aggregated 13F filings for Q1 2024.