Vault-13

LABORATORY CORP AMER HLDGS

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

930 institutional holders -10 vs Q1 2023
80,792,02280.8m shares reported held*
$19.2bnreported value*
76 new 297 added 364 reduced 89 sold out net sold ≈ $41.2m (+554.9k 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 ($121.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $238.08. Options: 23 managers hold calls ($141.6m notional), 17 hold puts ($84.6m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 935Q4 22: 966Q1 23: 940Q2 23: 930930Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022935
Q4 2022966
Q1 2023940
Q2 2023930

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 23Q2 23: 373 bought or addedQ2 23: 453 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022378455
Q1 2023415439
Q2 2023373453

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 0.45Q2 23 calls: $141.6mQ2 23 puts: $84.6mQ2 23P/C 0.60
Numbers
QuarterCallsPutsP/C
Q3 2022$81.2m$28.2m0.35
Q4 2022$212.6m$69.6m0.33
Q1 2023$132.6m$60.1m0.45
Q2 2023$141.6m$84.6m0.60

Biggest buyers

BlackRock Inc. Added +743,824+743.8k
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC New +575,210+575.2k
Nuveen Asset Management, LLC Added +551,469+551.5k
Gates Capital Management, Inc. New +543,729+543.7k
Southpoint Capital Advisors LP Added +429,579+429.6k
NORGES BANK Added +361,962+362.0k
GOLDMAN SACHS GROUP INC Added +244,517+244.5k
LOCUST WOOD CAPITAL ADVISERS, LLC New +195,374+195.4k
Diamond Hill Capital Management, LLC (Investment Advisor) New +172,108+172.1k
MILLENNIUM MANAGEMENT LLC Added +166,876+166.9k

Biggest sellers

FMR LLC Reduced -913,649-913.6k
WELLINGTON MANAGEMENT GROUP LLP Reduced -638,912-638.9k
CITADEL ADVISORS LLC Reduced -325,873-325.9k
Sessa Capital IM, L.P. Sold out -280,000-280.0k
JANA PARTNERS LLC Reduced -262,411-262.4k
BESSEMER GROUP INC Reduced -255,311-255.3k
CI INVESTMENTS INC. Reduced -232,969-233.0k
RENAISSANCE TECHNOLOGIES LLC Reduced -184,275-184.3k
Woodline Partners LP Sold out -169,847-169.8k
Alyeska Investment Group, L.P. Sold out -163,788-163.8k

Biggest calls

CITADEL ADVISORS LLC Reduced $54.3m225.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $36.6m151.6k shares
Caption Management, LLC New $7.3m35.3k shares
UBS Group AG Unchanged $6.8m28.0k shares
SIMPLEX TRADING, LLC Reduced $6.7m27.7k shares
JANE STREET GROUP, LLC Added $6.7m27.6k shares
D. E. Shaw & Co., Inc. Added $3.5m14.5k shares
WOLVERINE TRADING, LLC Added $3.5m14.4k shares
Cubist Systematic Strategies, LLC New $2.5m10.3k shares
MILLENNIUM MANAGEMENT LLC New $2.5m10.2k shares

Biggest puts

SIMPLEX TRADING, LLC Added $23.5m97.5k shares
CITADEL ADVISORS LLC Reduced $16.7m69.2k shares
D. E. Shaw & Co., Inc. Added $13.3m55.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $8.7m36.1k shares
Caption Management, LLC New $5.8m28.0k shares
JANE STREET GROUP, LLC Reduced $3.6m14.9k shares
CAPSTONE INVESTMENT ADVISORS, LLC Added $3.0m12.5k shares
Walleye Capital LLC New $2.4m9.9k shares
PEAK6 Investments LLC Reduced $1.9m7.7k shares
TWO SIGMA SECURITIES, LLC Added $1.4m5.7k 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.08% of their portfolio New York, NY 12,703,93512.7m $3.1bn $3.1bn 0.08% Added +743.8k +743,824
2 VANGUARD GROUP INC 0.06% of their portfolio Valley Forge, PA 10,325,83610.3m $2.5bn $2.5bn 0.06% Reduced -89.7k -89,746
3 STATE STREET CORP 0.05% of their portfolio BOSTON, MA 3,930,5723.9m $948.6m $948.6m 0.05% Reduced -3.8k -3,793
4 WELLINGTON MANAGEMENT GROUP LLP 0.09% of their portfolio Boston, MA 2,062,4222.1m $497.7m $497.7m 0.09% Reduced -638.9k -638,912
5 GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio BOSTON, MA 1,876,1441.9m $451.6m $451.6m 0.05% Added +33.1k +33,093
6 LAZARD ASSET MANAGEMENT LLC 0.51% of their portfolio NEW YORK, NY 1,728,6191.7m $417.2m $417.2m 0.51% Reduced -43.8k -43,798
7 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 1,468,4251.5m $354.4m $354.4m 0.04% Reduced -50.1k -50,124
8 DIMENSIONAL FUND ADVISORS LP 0.11% of their portfolio AUSTIN, TX 1,460,1701.5m $352.4m $352.4m 0.11% Reduced -16.3k -16,339
9 JPMORGAN CHASE & CO 0.04% of their portfolio NEW YORK, NY 1,436,6591.4m $346.7m $346.7m 0.04% Reduced -61.1k -61,075
10 NORGES BANK 0.06% of their portfolio OSLO, Q8 1,341,1231.3m $323.7m $323.7m 0.06% Added +362.0k +361,962
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% Unchanged
12 FMR LLC 0.02% of their portfolio BOSTON, MA 1,106,0631.1m $266.9m $266.9m 0.02% Reduced -913.6k -913,649
13 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 1,095,5361.1m $264.4m $264.4m 0.03% Reduced -9.6k -9,647
14 Southpoint Capital Advisors LP 5.39% of their portfolio NEW YORK, NY 1,029,5791.0m $248.5m $248.5m 5.39% Added +429.6k +429,579
15 NORTHERN TRUST CORP 0.05% of their portfolio CHICAGO, IL 1,003,1571.0m $242.1m $242.1m 0.05% Reduced -51.3k -51,342
16 Nuveen Asset Management, LLC 0.08% of their portfolio CHICAGO, IL 916,033916.0k $221.1m $221.1m 0.08% Added +551.5k +551,469
17 Navera Investment Management Ltd. 5.34% of their portfolio LONDON, X0 859,171859.2k $207.3m $207.3m 5.34% Added +2.9k +2,872
18 AMERICAN CENTURY COMPANIES INC 0.15% of their portfolio KANSAS CITY, MO 818,840818.8k $197.6m $197.6m 0.15% Added +43.5k +43,511
19 NORDEA INVESTMENT MANAGEMENT AB 0.24% of their portfolio STOCKHOLM, V7 741,968742.0k $178.7m $178.7m 0.24% Reduced -67.4k -67,388
20 Bank of New York Mellon Corp 0.04% of their portfolio NEW YORK, NY 734,288734.3k $177.2m $177.2m 0.04% Reduced -22.6k -22,598
21 Thrivent Financial for Lutherans 0.39% of their portfolio Minneapolis, MN 716,398716.4k $172.9m $172.9m 0.39% Added +117.8k +117,776
22 Legal & General Group Plc 0.06% of their portfolio London, X0 701,225701.2k $169.2m $169.2m 0.06% Added +47.8k +47,844
23 ALLIANCEBERNSTEIN L.P. 0.07% of their portfolio NASHVILLE, TN 694,767694.8k $167.7m $167.7m 0.07% Added +131.3k +131,314
24 ARIEL INVESTMENTS, LLC 1.57% of their portfolio CHICAGO, IL 685,878685.9k $165.5m $165.5m 1.57% Reduced -21.8k -21,776
25 Mondrian Investment Partners LTD 3.16% of their portfolio LONDON, X0 655,461655.5k $158.2m $158.2m 3.16% Added +36.6k +36,635
26 Invesco Ltd. 0.04% of their portfolio ATLANTA, GA 643,985644.0k $155.4m $155.4m 0.04% Reduced -99.9k -99,939
27 COOKE & BIELER LP 1.41% of their portfolio PHILADELPHIA, PA 625,926625.9k $151.1m $151.1m 1.41% Added +73.6k +73,583
28 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio ORLANDO, FL 575,210575.2k $598.5k $598.5k 0.08% New
29 BECK MACK & OLIVER LLC 3.57% of their portfolio NEW YORK, NY 565,964566.0k $136.6m $136.6m 3.57% Added +80.1k +80,115
30 LORD, ABBETT & CO. LLC 0.23% of their portfolio JERSEY CITY, NJ 556,038556.0k $134.2m $134.2m 0.23% Added +49.0k +48,984
31 Boston Partners 0.18% of their portfolio BOSTON, MA 545,438545.4k $131.6m $131.6m 0.18% Added +3.7k +3,694
32 Gates Capital Management, Inc. 4.10% of their portfolio New York, NY 543,729543.7k $131.2m $131.2m 4.10% New
33 STIFEL FINANCIAL CORP 0.17% of their portfolio ST. LOUIS, MO 505,243505.2k $121.9m $121.9m 0.17% Added +21.9k +21,868
34 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio SAN FRANCISCO, CA 501,277501.3k $121.0m $121.0m 0.03% Added +7.5k +7,492
35 ASSETMARK, INC 0.46% of their portfolio CONCORD, CA 487,193487.2k $117.6m $117.6m 0.46% Reduced -8.1k -8,104
36 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.04% of their portfolio Boston, MA 484,837484.8k $117.0m $117.0m 0.04% Added +7.8k +7,768
37 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 453,127453.1k $109.4m $109.4m 0.03% Added +244.5k +244,517
38 California Public Employees Retirement System 0.09% of their portfolio Sacramento, CA 434,118434.1k $104.8m $104.8m 0.09% Reduced -6.2k -6,167
39 UBS Group AG 0.04% of their portfolio ZURICH, V8 422,253422.3k $101.9m $101.9m 0.04% Added +10.2k +10,248
40 HSBC HOLDINGS PLC 0.09% of their portfolio LONDON, X0 414,211414.2k $86.9m $86.9m 0.09% Added +18.8k +18,759
41 FIL Ltd 0.11% of their portfolio HAMILTON, D0 405,424405.4k $97.8m $97.8m 0.11% Reduced -49.9k -49,938
42 JANA PARTNERS LLC 7.25% of their portfolio New York, NY 401,935401.9k $97.0m $97.0m 7.25% Reduced -262.4k -262,411
43 DEUTSCHE BANK AG\ 0.05% of their portfolio FRANKFURT AM MAIN, 2M 380,007380.0k $91.7m $91.7m 0.05% Reduced -96.3k -96,328
44 FRANKLIN RESOURCES INC 0.04% of their portfolio San Mateo, CA 344,595344.6k $83.2m $83.2m 0.04% Reduced -5.5k -5,511
45 Swiss National Bank 0.05% of their portfolio ZURICH, V8 319,620319.6k $77.1m $77.1m 0.05% Reduced -32.0k -32,000
46 THOMPSON SIEGEL & WALMSLEY LLC 1.17% of their portfolio RICHMOND, VA 303,521303.5k $73.2m $73.2m 1.17% Added +16.4k +16,436
47 GLENMEDE TRUST CO NA 0.39% of their portfolio PHILADELPHIA, PA 299,762299.8k $68.8m $68.8m 0.39% Unchanged
48 Madison Asset Management, LLC 1.01% of their portfolio MADISON, WI 286,200286.2k $69.1m $69.1m 1.01% Reduced -197 -197
49 Hunter Perkins Capital Management, LLC 7.79% of their portfolio LOMBARD, IL 277,416277.4k $65.3m $65.3m 7.79% Added +138.1k +138,074
50 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 270,765270.8k $65.3m $65.3m 0.02% Reduced -4.7k -4,710
51 WEITZ INVESTMENT MANAGEMENT, INC. 3.45% of their portfolio Omaha, NE 268,250268.2k $64.7m $64.7m 3.45% Reduced -650 -650
52 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 259,260259.3k $62.6m $62.6m 0.02% Reduced -4.6k -4,574
53 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 258,612258.6k $62.4m $62.4m 0.03% Added +22.6k +22,636
54 JANUS HENDERSON GROUP PLC 0.04% of their portfolio LONDON, X0 254,594254.6k $61.4m $61.4m 0.04% Reduced -1.6k -1,622
55 Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio CHIYODA-KU, TOKYO, M0 239,554239.6k $49.7m $49.7m 0.04% Reduced -30.6k -30,602
56 BRANDES INVESTMENT PARTNERS, LP 1.14% of their portfolio LA JOLLA, CA 233,954234.0k $56.5m $56.5m 1.14% Reduced -8.1k -8,052
57 MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio NEW YORK, NY 230,074230.1k $55.5m $55.5m 0.06% Added +166.9k +166,876
58 BARCLAYS PLC 0.04% of their portfolio LONDON, X0 229,121229.1k $55.3m $55.3m 0.04% Added +13.9k +13,885
59 FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC 3.37% of their portfolio Greenbrae, CA 221,152221.2k $53.4m $53.4m 3.37% Reduced -1.7k -1,685
60 CAMBIAR INVESTORS LLC 2.15% of their portfolio Denver, CO 210,787210.8k $50.9m $50.9m 2.15% Added +5.6k +5,586
61 Bartlett & Co. LLC 0.87% of their portfolio CINCINNATI, OH 209,191209.2k $50.5m $50.5m 0.87% Added +3.2k +3,230
62 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.87% of their portfolio CINCINNATI, OH 209,191209.2k $50.5m $50.5m 0.87% Added +3.2k +3,230
63 LOCUST WOOD CAPITAL ADVISERS, LLC 2.45% of their portfolio NEW YORK, NY 195,374195.4k $47.1m $47.1m 2.45% New
64 DekaBank Deutsche Girozentrale 0.10% of their portfolio FRANKFURT, 2M 188,343188.3k $44.8m $44.8m 0.10% Reduced -25.9k -25,890
65 EARNEST PARTNERS LLC 0.22% of their portfolio ATLANTA, GA 188,203188.2k $39.0m $39.0m 0.22% Reduced -2.0k -1,959
66 IRIDIAN ASSET MANAGEMENT LLC/CT 4.21% of their portfolio WESTPORT, CT 187,203187.2k $45.2m $45.2m 4.21% Reduced -3.7k -3,746
67 RHUMBLINE ADVISERS 0.05% of their portfolio BOSTON, MA 186,723186.7k $45.1m $45.1m 0.05% Reduced -4.8k -4,754
68 NICHOLAS COMPANY, INC. 0.86% of their portfolio MILWAUKEE, WI 185,890185.9k $44.9m $44.9m 0.86% Unchanged
69 Amundi 0.02% of their portfolio Paris, I0 184,067184.1k $38.5m $38.5m 0.02% Reduced -103.6k -103,552
70 FIRST TRUST ADVISORS LP 0.05% of their portfolio Wheaton, IL 172,135172.1k $41.5m $41.5m 0.05% Reduced -44.4k -44,424
71 Diamond Hill Capital Management, LLC (Investment Advisor) 0.19% of their portfolio COLUMBUS, OH 172,108172.1k $41.5m $41.5m 0.19% New
72 M&G INVESTMENT MANAGEMENT LTD 0.25% of their portfolio London, X0 171,209171.2k $41.3m $41.3m 0.25% Reduced -8.1k -8,119
73 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 168,419168.4k $40.9m $40.9m 0.01% Added +50.8k +50,756
74 NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio ALBANY, NY 167,207167.2k $40.4m $40.4m 0.05% Reduced -5.7k -5,681
75 AMI ASSET MANAGEMENT CORP 2.39% of their portfolio LOS ANGELES, CA 166,021166.0k $40.1m $40.1m 2.39% Reduced -1.9k -1,898
76 NATIXIS ADVISORS, LLC 0.10% of their portfolio Boston, MA 153,673153.7k $31.9m $31.9m 0.10% Added +32.8k +32,807
77 National Pension Service 0.06% of their portfolio JEONJU-SI, JEOLLABUK-DO, M5 145,967146.0k $35.1m $35.1m 0.06% Added +4.0k +4,023
78 SEI INVESTMENTS CO 0.06% of their portfolio OAKS, PA 144,977145.0k $35.0m $35.0m 0.06% Added +5.0k +4,997
79 Allianz Asset Management GmbH 0.06% of their portfolio MUNICH, 2M 144,510144.5k $30.2m $30.2m 0.06% Reduced -2.4k -2,421
80 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio WEST SACRAMENTO, CA 144,031144.0k $34.8m $34.8m 0.05% Reduced -2.2k -2,218
81 CREDIT SUISSE AG/ 0.03% of their portfolio ZURICH, V8 143,374143.4k $34.6m $34.6m 0.03% Reduced -8.6k -8,587
82 Sio Capital Management, LLC 12.11% of their portfolio NEW YORK, NY 141,906141.9k $34.2m $34.2m 12.11% New
83 WEDGE CAPITAL MANAGEMENT L L P/NC 0.54% of their portfolio CHARLOTTE, NC 140,876140.9k $34.0m $34.0m 0.54% Reduced -25.2k -25,248
84 Bridgewater Associates, LP 0.21% of their portfolio Westport, CT 140,722140.7k $34.0m $34.0m 0.21% Added +4.8k +4,794
85 JANE STREET GROUP, LLC 0.05% of their portfolio NEW YORK, NY 139,385139.4k $33.6m $33.6m 0.05% Added +119.0k +119,015
86 Grantham, Mayo, Van Otterloo & Co. LLC 0.15% of their portfolio Boston, MA 138,435138.4k $33.4m $33.4m 0.15% Reduced -24.1k -24,129
87 CANADA LIFE ASSURANCE Co 0.07% of their portfolio WINNIPEG, A2 137,298137.3k $28.5m $28.5m 0.07% Added +1.3k +1,347
88 HM PAYSON & CO 0.73% of their portfolio PORTLAND, ME 135,511135.5k $32.7m $32.7m 0.73% Added +1.1k +1,086
89 Cannell & Co. 1.06% of their portfolio New York, NY 132,124132.1k $31.9m $31.9m 1.06% Added +4.6k +4,579
90 River Road Asset Management, LLC 0.37% of their portfolio LOUISVILLE, KY 129,551129.6k $26.9m $26.9m 0.37% New
91 TRUIST FINANCIAL CORP 0.05% of their portfolio CHARLOTTE, NC 126,209126.2k $30.5m $30.5m 0.05% Reduced -5.0k -4,980
92 COMERICA BANK 0.00% of their portfolio DALLAS, TX 121,745121.7k $12 $12 0.00% First filing
93 MARTINGALE ASSET MANAGEMENT L P 0.57% of their portfolio BOSTON, MA 120,853120.9k $29.2m $29.2m 0.57% Reduced -10.1k -10,082
94 PICTET ASSET MANAGEMENT SA 0.03% of their portfolio GENEVA 73, V8 119,500119.5k $28.8m $28.8m 0.03% Added +4.5k +4,464
95 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 117,658117.7k $28.4m $28.4m 0.00% Added +32 +32
96 CITIGROUP INC 0.04% of their portfolio NEW YORK, NY 116,184116.2k $28.0m $28.0m 0.04% Added +12.8k +12,765
97 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 112,241112.2k $27.1m $27.1m 0.02% Added +19.6k +19,602
98 TORONTO DOMINION BANK 0.02% of their portfolio TORONTO, ONTARIO, A6 110,298110.3k $26.6m $26.6m 0.02% Added +64.8k +64,794
99 Burgundy Asset Management Ltd. 0.31% of their portfolio Toronto, A6 110,225110.2k $26.6m $26.6m 0.31% Reduced -2.6k -2,614
100 KBC Group NV 0.11% of their portfolio Brussels, C9 109,034109.0k $26.3m $26.3m 0.11% Reduced -44.8k -44,797