Vault-13

LABORATORY CORP AMER HLDGS

COM NEW · Common Stock · CUSIP 50540R409 · ISIN US50540R4092

940 institutional holders -26 vs Q4 2022
80,052,10480.1m shares reported held*
$18.4bnreported value*
82 new 333 added 347 reduced 92 sold out net bought ≈ $268.0m (+1.1m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($116.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $229.49. Options: 22 managers hold calls ($132.6m notional), 17 hold puts ($60.1m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 935Q4 22: 966Q1 23: 940940Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022935
Q4 2022966
Q1 2023940

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
5000500Q4 22: 378 bought or addedQ4 22: 455 cut or sold outQ4 22Q1 23: 415 bought or addedQ1 23: 439 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022378455
Q1 2023415439

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100m$200m$300mQ3 22 calls: $81.2mQ3 22 puts: $28.2mQ3 22P/C 0.35Q4 22 calls: $212.6mQ4 22 puts: $69.6mQ4 22P/C 0.33Q1 23 calls: $132.6mQ1 23 puts: $60.1mQ1 23P/C 0.45
Numbers
QuarterCallsPutsP/C
Q3 2022$81.2m$28.2m0.35
Q4 2022$212.6m$69.6m0.33
Q1 2023$132.6m$60.1m0.45

Biggest buyers

FMR LLC Added +1,414,774+1.4m
Southpoint Capital Advisors LP New +600,000+600.0k
LORD, ABBETT & CO. LLC New +507,054+507.1k
BlackRock Inc. Added +485,342+485.3k
Sessa Capital IM, L.P. New +280,000+280.0k
CITADEL ADVISORS LLC Added +243,278+243.3k
LAZARD ASSET MANAGEMENT LLC Added +241,742+241.7k
Alyeska Investment Group, L.P. New +163,788+163.8k
Boston Partners Added +116,029+116.0k
Qube Research & Technologies Ltd Added +97,108+97.1k

Biggest sellers

JPMORGAN CHASE & CO Reduced -618,096-618.1k
GOLDMAN SACHS GROUP INC Reduced -231,598-231.6k
MORGAN STANLEY Reduced -212,632-212.6k
Point72 Asset Management, L.P. Sold out -208,307-208.3k
Third Point LLC Sold out -192,125-192.1k
MILLENNIUM MANAGEMENT LLC Reduced -177,346-177.3k
PANAGORA ASSET MANAGEMENT INC Reduced -157,861-157.9k
Amundi Reduced -123,866-123.9k
BESSEMER GROUP INC Reduced -110,837-110.8k
Balyasny Asset Management L.P. Sold out -109,793-109.8k

Biggest calls

CITADEL ADVISORS LLC Reduced $59.8m260.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $34.3m149.3k shares
SIMPLEX TRADING, LLC Added $7.7m33.7k shares
UBS Group AG Unchanged $6.4m28.0k shares
BANK OF AMERICA CORP /DE/ New $4.6m20.0k shares
JANE STREET GROUP, LLC Reduced $4.4m19.1k shares
D. E. Shaw & Co., Inc. Reduced $2.8m12.1k shares
IMC-Chicago, LLC New $2.5m10.7k shares
HSBC HOLDINGS PLC New $1.9m8.5k shares
Walleye Trading LLC Reduced $1.9m8.1k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $29.0m126.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $5.3m23.0k shares
D. E. Shaw & Co., Inc. Reduced $4.8m21.0k shares
JANE STREET GROUP, LLC Added $4.0m17.6k shares
PEAK6 Investments LLC Added $4.0m17.5k shares
CAPSTONE INVESTMENT ADVISORS, LLC Added $2.8m12.1k shares
MILLENNIUM MANAGEMENT LLC New $1.9m8.3k shares
SIMPLEX TRADING, LLC Reduced $1.8m7.9k shares
GARDA CAPITAL PARTNERS LP Unchanged $1.6m7.0k shares
Paloma Partners Management Co Added $1.5m6.6k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.08% of their portfolio New York, NY 11,960,11112.0m $2.7bn $2.7bn 0.08% Added +485.3k +485,342
2 VANGUARD GROUP INC 0.06% of their portfolio Valley Forge, PA 10,415,58210.4m $2.4bn $2.4bn 0.06% Reduced -34.5k -34,533
3 STATE STREET CORP 0.05% of their portfolio BOSTON, MA 3,934,3653.9m $902.6m $902.6m 0.05% Reduced -55.1k -55,132
4 WELLINGTON MANAGEMENT GROUP LLP 0.12% of their portfolio Boston, MA 2,701,3342.7m $619.7m $619.7m 0.12% Added +11.3k +11,259
5 FMR LLC 0.02% of their portfolio BOSTON, MA 2,019,7122.0m $463.4m $463.4m 0.02% Added +1.4m +1,414,774
6 GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio BOSTON, MA 1,843,0511.8m $421.9m $421.9m 0.05% Added +26.2k +26,197
7 LAZARD ASSET MANAGEMENT LLC 0.53% of their portfolio NEW YORK, NY 1,772,4171.8m $406.6m $406.6m 0.53% Added +241.7k +241,742
8 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 1,518,5491.5m $348.4m $348.4m 0.04% Reduced -35.9k -35,934
9 JPMORGAN CHASE & CO 0.04% of their portfolio NEW YORK, NY 1,497,7341.5m $343.6m $343.6m 0.04% Reduced -618.1k -618,096
10 DIMENSIONAL FUND ADVISORS LP 0.11% of their portfolio AUSTIN, TX 1,476,5091.5m $338.7m $338.7m 0.11% Added +16.0k +15,962
11 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.13% of their portfolio NEW YORK, NY 1,199,6931.2m $275.2m $275.2m 0.13% Reduced -34.8k -34,808
12 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 1,105,1831.1m $253.6m $253.6m 0.03% Reduced -212.6k -212,632
13 NORTHERN TRUST CORP 0.05% of their portfolio CHICAGO, IL 1,054,4991.1m $241.9m $241.9m 0.05% Reduced -13.7k -13,742
14 NORGES BANK 0.05% of their portfolio OSLO, Q8 979,161979.2k $224.6m $224.6m 0.05% Added +48.1k +48,145
15 Navera Investment Management Ltd. 5.52% of their portfolio LONDON, X0 856,299856.3k $196.4m $196.4m 5.52% Added +8.3k +8,273
16 NORDEA INVESTMENT MANAGEMENT AB 0.27% of their portfolio STOCKHOLM, V7 809,356809.4k $183.1m $183.1m 0.27% Added +114 +114
17 AMERICAN CENTURY COMPANIES INC 0.14% of their portfolio KANSAS CITY, MO 775,329775.3k $177.9m $177.9m 0.14% Added +50.1k +50,086
18 Bank of New York Mellon Corp 0.04% of their portfolio NEW YORK, NY 756,886756.9k $173.6m $173.6m 0.04% Reduced -23.6k -23,571
19 Invesco Ltd. 0.05% of their portfolio ATLANTA, GA 743,924743.9k $170.7m $170.7m 0.05% Added +37.0k +37,032
20 ARIEL INVESTMENTS, LLC 1.56% of their portfolio CHICAGO, IL 707,654707.7k $162.3m $162.3m 1.56% Added +8.1k +8,141
21 JANA PARTNERS LLC 11.54% of their portfolio New York, NY 664,346664.3k $152.4m $152.4m 11.54% Reduced -80.6k -80,552
22 Legal & General Group Plc 0.05% of their portfolio London, X0 653,381653.4k $149.9m $149.9m 0.05% Reduced -20.4k -20,441
23 Mondrian Investment Partners LTD 3.13% of their portfolio LONDON, X0 618,826618.8k $142.0m $142.0m 3.13% Added +88.9k +88,937
24 Southpoint Capital Advisors LP 3.12% of their portfolio NEW YORK, NY 600,000600.0k $137.7m $137.7m 3.12% New
25 Thrivent Financial for Lutherans 0.33% of their portfolio Minneapolis, MN 598,622598.6k $137.3m $137.3m 0.33% Reduced -20.3k -20,269
26 ALLIANCEBERNSTEIN L.P. 0.06% of their portfolio NASHVILLE, TN 563,453563.5k $129.3m $129.3m 0.06% Reduced -18.6k -18,555
27 COOKE & BIELER LP 1.23% of their portfolio PHILADELPHIA, PA 552,343552.3k $126.7m $126.7m 1.23% Added +30.4k +30,370
28 Boston Partners 0.17% of their portfolio BOSTON, MA 541,744541.7k $124.3m $124.3m 0.17% Added +116.0k +116,029
29 LORD, ABBETT & CO. LLC 0.21% of their portfolio JERSEY CITY, NJ 507,054507.1k $116.3m $116.3m 0.21% New
30 ASSETMARK, INC 0.47% of their portfolio CONCORD, CA 495,297495.3k $113.6m $113.6m 0.47% Added +62.0k +61,952
31 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio SAN FRANCISCO, CA 493,785493.8k $113.3m $113.3m 0.03% Added +9.6k +9,584
32 BECK MACK & OLIVER LLC 3.22% of their portfolio NEW YORK, NY 485,849485.8k $111.5m $111.5m 3.22% Added +8.9k +8,913
33 STIFEL FINANCIAL CORP 0.16% of their portfolio ST. LOUIS, MO 483,375483.4k $110.9m $110.9m 0.16% Added +17.3k +17,281
34 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.04% of their portfolio Boston, MA 477,069477.1k $109.4m $109.4m 0.04% Reduced -79.1k -79,144
35 DEUTSCHE BANK AG\ 0.06% of their portfolio FRANKFURT AM MAIN, 2M 476,335476.3k $109.3m $109.3m 0.06% Added +79.4k +79,391
36 FIL Ltd 0.12% of their portfolio HAMILTON, D0 455,362455.4k $104.5m $104.5m 0.12% Added +26.9k +26,915
37 California Public Employees Retirement System 0.09% of their portfolio Sacramento, CA 440,285440.3k $101.0m $101.0m 0.09% Reduced -23.2k -23,162
38 UBS Group AG 0.04% of their portfolio ZURICH, V8 412,005412.0k $94.5m $94.5m 0.04% Added +70.8k +70,816
39 HSBC HOLDINGS PLC 0.12% of their portfolio LONDON, X0 395,452395.5k $90.7m $90.7m 0.12% Reduced -3.2k -3,177
40 CITADEL ADVISORS LLC 0.09% of their portfolio MIAMI, FL 375,446375.4k $86.1m $86.1m 0.09% Added +243.3k +243,278
41 Nuveen Asset Management, LLC 0.03% of their portfolio CHICAGO, IL 364,564364.6k $83.6m $83.6m 0.03% Added +39.0k +38,977
42 Swiss National Bank 0.06% of their portfolio ZURICH, V8 351,620351.6k $80.7m $80.7m 0.06% Reduced -15.8k -15,800
43 FRANKLIN RESOURCES INC 0.04% of their portfolio San Mateo, CA 350,106350.1k $80.3m $80.3m 0.04% Reduced -944 -944
44 GLENMEDE TRUST CO NA 0.39% of their portfolio PHILADELPHIA, PA 299,762299.8k $68.8m $68.8m 0.39% Reduced -5.3k -5,315
45 Amundi 0.04% of their portfolio Paris, I0 287,619287.6k $67.3m $67.3m 0.04% Reduced -123.9k -123,866
46 THOMPSON SIEGEL & WALMSLEY LLC 1.07% of their portfolio RICHMOND, VA 287,085287.1k $65.9m $65.9m 1.07% Reduced -34.6k -34,596
47 Madison Asset Management, LLC 1.00% of their portfolio MADISON, WI 286,397286.4k $65.7m $65.7m 1.00% Reduced -2.3k -2,256
48 CI INVESTMENTS INC. 0.33% of their portfolio TORONTO, Z4 281,922281.9k $64.7m $64.7m 0.33% Reduced -30.4k -30,405
49 Sessa Capital IM, L.P. 2.64% of their portfolio NEW YORK, NY 280,000280.0k $64.2m $64.2m 2.64% New
50 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 275,475275.5k $63.2m $63.2m 0.02% Reduced -11.5k -11,501
51 Sumitomo Mitsui Trust Group, Inc. 0.05% of their portfolio CHIYODA-KU, TOKYO, M0 270,156270.2k $62.0m $62.0m 0.05% Reduced -78.0k -78,032
52 WEITZ INVESTMENT MANAGEMENT, INC. 3.56% of their portfolio Omaha, NE 268,900268.9k $61.7m $61.7m 3.56% Added +5.2k +5,250
53 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 263,834263.8k $60.5m $60.5m 0.02% Reduced -62.7k -62,712
54 BESSEMER GROUP INC 0.14% of their portfolio WOODBRIDGE, NJ 257,259257.3k $59.0m $59.0m 0.14% Reduced -110.8k -110,837
55 JANUS HENDERSON GROUP PLC 0.04% of their portfolio LONDON, X0 256,216256.2k $58.8m $58.8m 0.04% Reduced -44.6k -44,606
56 BRANDES INVESTMENT PARTNERS, LP 1.18% of their portfolio LA JOLLA, CA 242,006242.0k $55.5m $55.5m 1.18% Added +46.1k +46,081
57 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 235,976236.0k $54.1m $54.1m 0.03% Added +2.2k +2,214
58 RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio NEW YORK, NY 229,280229.3k $52.6m $52.6m 0.07% Added +84.1k +84,075
59 FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC 3.34% of their portfolio Greenbrae, CA 222,837222.8k $51.1m $51.1m 3.34% Reduced -336 -336
60 FIRST TRUST ADVISORS LP 0.06% of their portfolio Wheaton, IL 216,559216.6k $49.7m $49.7m 0.06% Reduced -3.6k -3,570
61 BARCLAYS PLC 0.05% of their portfolio LONDON, X0 215,236215.2k $49.4m $49.4m 0.05% Reduced -26.0k -26,048
62 DekaBank Deutsche Girozentrale 0.12% of their portfolio FRANKFURT, 2M 214,233214.2k $48.0m $48.0m 0.12% Added +14.8k +14,811
63 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 208,610208.6k $47.9m $47.9m 0.01% Reduced -231.6k -231,598
64 INTECH INVESTMENT MANAGEMENT LLC 0.39% of their portfolio WEST PALM BEACH, FL 208,388208.4k $47.8m $47.8m 0.39% Reduced -10.7k -10,737
65 Bartlett & Co. LLC 0.91% of their portfolio CINCINNATI, OH 205,961206.0k $47.3m $47.3m 0.91% Added +2.5k +2,508
66 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.91% of their portfolio CINCINNATI, OH 205,961206.0k $47.3m $47.3m 0.91% Added +2.5k +2,508
67 CAMBIAR INVESTORS LLC 2.03% of their portfolio Denver, CO 205,201205.2k $47.1m $47.1m 2.03% Reduced -3.6k -3,599
68 RHUMBLINE ADVISERS 0.05% of their portfolio BOSTON, MA 191,477191.5k $43.9m $43.9m 0.05% Added +10.2k +10,244
69 IRIDIAN ASSET MANAGEMENT LLC/CT 3.59% of their portfolio WESTPORT, CT 190,949190.9k $43.8m $43.8m 3.59% Reduced -12.3k -12,281
70 EARNEST PARTNERS LLC 0.25% of their portfolio ATLANTA, GA 190,162190.2k $43.6m $43.6m 0.25% Reduced -122 -122
71 NICHOLAS COMPANY, INC. 0.87% of their portfolio MILWAUKEE, WI 185,890185.9k $42.6m $42.6m 0.87% Unchanged
72 M&G INVESTMENT MANAGEMENT LTD 0.29% of their portfolio London, X0 179,328179.3k $41.1m $41.1m 0.29% Added +488 +488
73 NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio ALBANY, NY 172,888172.9k $39.7m $39.7m 0.05% Reduced -2.7k -2,689
74 Woodline Partners LP 0.55% of their portfolio San Francisco, CA 169,847169.8k $39.0m $39.0m 0.55% Added +45.8k +45,793
75 AMI ASSET MANAGEMENT CORP 2.46% of their portfolio LOS ANGELES, CA 167,919167.9k $38.5m $38.5m 2.46% Reduced -3.4k -3,403
76 WEDGE CAPITAL MANAGEMENT L L P/NC 0.64% of their portfolio CHARLOTTE, NC 166,124166.1k $38.1m $38.1m 0.64% Added +2.7k +2,696
77 Alyeska Investment Group, L.P. 0.33% of their portfolio CHICAGO, IL 163,788163.8k $37.6m $37.6m 0.33% New
78 Grantham, Mayo, Van Otterloo & Co. LLC 0.19% of their portfolio Boston, MA 162,564162.6k $37.3m $37.3m 0.19% Reduced -26.0k -26,000
79 KBC Group NV 0.15% of their portfolio Brussels, C9 153,831153.8k $35.3m $35.3m 0.15% Added +24.6k +24,616
80 CREDIT SUISSE AG/ 0.04% of their portfolio ZURICH, V8 151,961152.0k $34.9m $34.9m 0.04% Reduced -3.7k -3,674
81 Allianz Asset Management GmbH 0.07% of their portfolio MUNICH, 2M 146,931146.9k $33.7m $33.7m 0.07% Reduced -39.2k -39,158
82 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio WEST SACRAMENTO, CA 146,249146.2k $33.6m $33.6m 0.05% Reduced -3.7k -3,652
83 Qube Research & Technologies Ltd 0.19% of their portfolio LONDON, X0 145,899145.9k $33.5m $33.5m 0.19% Added +97.1k +97,108
84 National Pension Service 0.06% of their portfolio JEONJU-SI, JEOLLABUK-DO, M5 141,944141.9k $31.9m $31.9m 0.06% Reduced -7.4k -7,419
85 SEI INVESTMENTS CO 0.06% of their portfolio OAKS, PA 139,980140.0k $32.1m $32.1m 0.06% Added +10.4k +10,388
86 Brandywine Global Investment Management, LLC 0.13% of their portfolio PHILADELPHIA, PA 139,886139.9k $32.1m $32.1m 0.13% Reduced -72.3k -72,319
87 Hunter Perkins Capital Management, LLC 7.54% of their portfolio LOMBARD, IL 139,342139.3k $32.0m $32.0m 7.54% Reduced -21.3k -21,315
88 CANADA LIFE ASSURANCE Co 0.08% of their portfolio WINNIPEG, A2 135,951136.0k $31.2m $31.2m 0.08% Reduced -308 -308
89 Bridgewater Associates, LP 0.19% of their portfolio Westport, CT 135,928135.9k $31.2m $31.2m 0.19% Reduced -4.3k -4,348
90 AVIVA PLC 0.14% of their portfolio LONDON, X0 135,030135.0k $31.0m $31.0m 0.14% Added +26.0k +25,975
91 HM PAYSON & CO 0.74% of their portfolio PORTLAND, ME 134,425134.4k $30.8m $30.8m 0.74% Reduced -15.0k -15,010
92 TRUIST FINANCIAL CORP 0.05% of their portfolio CHARLOTTE, NC 131,189131.2k $30.1m $30.1m 0.05% Reduced -7.2k -7,162
93 MARTINGALE ASSET MANAGEMENT L P 0.58% of their portfolio BOSTON, MA 130,935130.9k $30.0m $30.0m 0.58% Reduced -1.1k -1,148
94 Cannell & Co. 1.05% of their portfolio New York, NY 127,545127.5k $29.3m $29.3m 1.05% Added +8.6k +8,561
95 NATIXIS ADVISORS, LLC 0.10% of their portfolio Boston, MA 120,866120.9k $27.7m $27.7m 0.10% Reduced -13.5k -13,532
96 AQR CAPITAL MANAGEMENT LLC 0.06% of their portfolio Greenwich, CT 119,890119.9k $27.1m $27.1m 0.06% Reduced -56.5k -56,525
97 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.09% of their portfolio Paris, I0 117,978118.0k $27.1m $27.1m 0.09% Added +10.8k +10,770
98 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 117,663117.7k $27.0m $27.0m 0.01% Reduced -8.8k -8,781
99 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 117,626117.6k $27.0m $27.0m 0.00% Reduced -18.6k -18,553
100 PICTET ASSET MANAGEMENT SA 0.03% of their portfolio GENEVA 73, V8 115,036115.0k $26.4m $26.4m 0.03% Reduced -9.3k -9,340