Vault-13

LABORATORY CORP AMER HLDGS

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

882 institutional holders -48 vs Q2 2023
81,309,90281.3m shares reported held*
$16.4bnreported value*
59 new 332 added 314 reduced 104 sold out net bought ≈ $332.0m (+873.3k 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 ($109.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $201.15. Options: 24 managers hold calls ($120.5m notional), 17 hold puts ($52.6m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 935Q4 22: 966Q1 23: 940Q2 23: 930Q3 23: 882882Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022935
Q4 2022966
Q1 2023940
Q2 2023930
Q3 2023882

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 23Q3 23: 391 bought or addedQ3 23: 418 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022378455
Q1 2023415439
Q2 2023373453
Q3 2023391418

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ4 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 0.60Q3 23 calls: $120.5mQ3 23 puts: $52.6mQ3 23P/C 0.44
Numbers
QuarterCallsPutsP/C
Q4 2022$212.6m$69.6m0.33
Q1 2023$132.6m$60.1m0.45
Q2 2023$141.6m$84.6m0.60
Q3 2023$120.5m$52.6m0.44

Biggest buyers

MORGAN STANLEY Added +1,123,755+1.1m
Diamond Hill Capital Management, LLC (Investment Advisor) Added +1,108,776+1.1m
Allspring Global Investments Holdings, LLC Added +786,477+786.5k
ALLIANCEBERNSTEIN L.P. Added +607,575+607.6k
LAZARD ASSET MANAGEMENT LLC Added +483,878+483.9k
AMERIPRISE FINANCIAL INC Added +455,462+455.5k
WELLINGTON MANAGEMENT GROUP LLP Added +424,684+424.7k
RENAISSANCE TECHNOLOGIES LLC Added +132,400+132.4k
NORTHERN TRUST CORP Added +126,602+126.6k
ENVESTNET ASSET MANAGEMENT INC Added +123,681+123.7k

Biggest sellers

BlackRock Inc. Reduced -828,716-828.7k
NORGES BANK Reduced -576,172-576.2k
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC Sold out -575,210-575.2k
Gates Capital Management, Inc. Sold out -543,729-543.7k
Southpoint Capital Advisors LP Reduced -279,579-279.6k
GOLDMAN SACHS GROUP INC Reduced -223,003-223.0k
MILLENNIUM MANAGEMENT LLC Reduced -203,772-203.8k
LOCUST WOOD CAPITAL ADVISERS, LLC Sold out -195,374-195.4k
ASSETMARK, INC Reduced -188,222-188.2k
NORDEA INVESTMENT MANAGEMENT AB Reduced -174,054-174.1k

Biggest calls

CITADEL ADVISORS LLC Reduced $41.8m207.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $22.6m112.2k shares
JANE STREET GROUP, LLC Added $17.8m88.3k shares
CITIGROUP INC New $6.9m34.3k shares
BNP PARIBAS FINANCIAL MARKETS New $5.2m261 shares
Walleye Trading LLC Added $4.5m22.3k shares
UBS Group AG Reduced $3.0m15.0k shares
MILLENNIUM MANAGEMENT LLC Added $2.9m14.6k shares
Squarepoint Ops LLC New $2.9m14.2k shares
GTS SECURITIES LLC New $2.6m12.8k shares

Biggest puts

CITADEL ADVISORS LLC Added $25.3m125.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $10.1m50.4k shares
Walleye Trading LLC Added $5.3m26.5k shares
D. E. Shaw & Co., Inc. Reduced $2.2m11.0k shares
CAPSTONE INVESTMENT ADVISORS, LLC Reduced $1.8m8.8k shares
GTS SECURITIES LLC New $1.8m8.8k shares
SIMPLEX TRADING, LLC Added $1.4m103.3k shares
TWO SIGMA SECURITIES, LLC Added $1.2m6.2k shares
Walleye Capital LLC Reduced $904.7k4.5k shares
Maven Securities LTD New $583.0k2.9k 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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.07% of their portfolio New York, NY 11,875,21911.9m $2.4bn $2.4bn 0.07% Reduced -828.7k -828,716
2 VANGUARD GROUP INC 0.05% of their portfolio Valley Forge, PA 10,192,44910.2m $2.0bn $2.0bn 0.05% Reduced -133.4k -133,387
3 STATE STREET CORP 0.04% of their portfolio BOSTON, MA 3,826,5433.8m $769.3m $769.3m 0.04% Reduced -104.0k -104,029
4 WELLINGTON MANAGEMENT GROUP LLP 0.10% of their portfolio Boston, MA 2,487,1062.5m $500.0m $500.0m 0.10% Added +424.7k +424,684
5 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 2,219,2912.2m $446.2m $446.2m 0.05% Added +1.1m +1,123,755
6 LAZARD ASSET MANAGEMENT LLC 0.61% of their portfolio NEW YORK, NY 2,212,4972.2m $444.8m $444.8m 0.61% Added +483.9k +483,878
7 GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio BOSTON, MA 1,918,7271.9m $384.9m $384.9m 0.05% Added +42.6k +42,583
8 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 1,492,3951.5m $300.0m $300.0m 0.04% Added +24.0k +23,970
9 DIMENSIONAL FUND ADVISORS LP 0.10% of their portfolio AUSTIN, TX 1,454,9781.5m $292.6m $292.6m 0.10% Reduced -5.2k -5,192
10 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 1,435,7091.4m $288.6m $288.6m 0.03% Reduced -950 -950
11 ALLIANCEBERNSTEIN L.P. 0.11% of their portfolio NASHVILLE, TN 1,302,3421.3m $261.8m $261.8m 0.11% Added +607.6k +607,575
12 Diamond Hill Capital Management, LLC (Investment Advisor) 1.25% of their portfolio COLUMBUS, OH 1,280,8841.3m $257.5m $257.5m 1.25% Added +1.1m +1,108,776
13 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.11% of their portfolio NEW YORK, NY 1,190,4791.2m $239.3m $239.3m 0.11% Reduced -9.2k -9,214
14 NORTHERN TRUST CORP 0.04% of their portfolio CHICAGO, IL 1,129,7591.1m $227.1m $227.1m 0.04% Added +126.6k +126,602
15 FMR LLC 0.02% of their portfolio BOSTON, MA 1,065,7911.1m $214.3m $214.3m 0.02% Reduced -40.3k -40,272
16 Nuveen Asset Management, LLC 0.06% of their portfolio CHICAGO, IL 901,920901.9k $181.3m $181.3m 0.06% Reduced -14.1k -14,113
17 Navera Investment Management Ltd. 4.63% of their portfolio LONDON, X0 860,672860.7k $173.0m $173.0m 4.63% Added +1.5k +1,501
18 AMERICAN CENTURY COMPANIES INC 0.13% of their portfolio KANSAS CITY, MO 847,753847.8k $170.4m $170.4m 0.13% Added +28.9k +28,913
19 Allspring Global Investments Holdings, LLC 0.29% of their portfolio CHARLOTTE, NC 806,975807.0k $162.2m $162.2m 0.29% Added +786.5k +786,477
20 Thrivent Financial for Lutherans 0.37% of their portfolio Minneapolis, MN 778,341778.3k $156.5m $156.5m 0.37% Added +61.9k +61,943
21 NORGES BANK 0.03% of their portfolio OSLO, Q8 764,951765.0k $153.8m $153.8m 0.03% Reduced -576.2k -576,172
22 Invesco Ltd. 0.04% of their portfolio ATLANTA, GA 753,113753.1k $151.4m $151.4m 0.04% Added +109.1k +109,128
23 Southpoint Capital Advisors LP 3.37% of their portfolio NEW YORK, NY 750,000750.0k $150.8m $150.8m 3.37% Reduced -279.6k -279,579
24 Bank of New York Mellon Corp 0.03% of their portfolio NEW YORK, NY 729,280729.3k $146.6m $146.6m 0.03% Reduced -5.0k -5,008
25 COOKE & BIELER LP 1.35% of their portfolio PHILADELPHIA, PA 689,716689.7k $138.7m $138.7m 1.35% Added +63.8k +63,790
26 Legal & General Group Plc 0.05% of their portfolio London, X0 683,967684.0k $137.5m $137.5m 0.05% Reduced -17.3k -17,258
27 ARIEL INVESTMENTS, LLC 1.45% of their portfolio CHICAGO, IL 683,833683.8k $137.5m $137.5m 1.45% Reduced -2.0k -2,045
28 LORD, ABBETT & CO. LLC 0.24% of their portfolio JERSEY CITY, NJ 630,316630.3k $126.7m $126.7m 0.24% Added +74.3k +74,278
29 Mondrian Investment Partners LTD 2.39% of their portfolio LONDON, X0 577,409577.4k $116.1m $116.1m 2.39% Reduced -78.1k -78,052
30 NORDEA INVESTMENT MANAGEMENT AB 0.16% of their portfolio STOCKHOLM, V7 567,914567.9k $115.8m $115.8m 0.16% Reduced -174.1k -174,054
31 BECK MACK & OLIVER LLC 2.93% of their portfolio NEW YORK, NY 556,273556.3k $111.8m $111.8m 2.93% Reduced -9.7k -9,691
32 STIFEL FINANCIAL CORP 0.16% of their portfolio ST. LOUIS, MO 548,965549.0k $110.4m $110.4m 0.16% Added +43.7k +43,722
33 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 540,429540.4k $108.7m $108.7m 0.04% Added +455.5k +455,462
34 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio SAN FRANCISCO, CA 521,833521.8k $104.9m $104.9m 0.03% Added +20.6k +20,556
35 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio Boston, MA 485,427485.4k $97.6m $97.6m 0.03% Added +590 +590
36 California Public Employees Retirement System 0.08% of their portfolio Sacramento, CA 450,452450.5k $90.6m $90.6m 0.08% Added +16.3k +16,334
37 UBS Group AG 0.04% of their portfolio ZURICH, V8 432,126432.1k $86.9m $86.9m 0.04% Added +9.9k +9,873
38 Boston Partners 0.12% of their portfolio BOSTON, MA 418,995419.0k $84.2m $84.2m 0.12% Reduced -126.4k -126,443
39 FIL Ltd 0.10% of their portfolio HAMILTON, D0 406,149406.1k $81.7m $81.7m 0.10% Added +725 +725
40 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 382,293382.3k $76.9m $76.9m 0.04% Added +123.7k +123,681
41 DEUTSCHE BANK AG\ 0.05% of their portfolio FRANKFURT AM MAIN, 2M 356,834356.8k $71.7m $71.7m 0.05% Reduced -23.2k -23,173
42 HSBC HOLDINGS PLC 0.08% of their portfolio LONDON, X0 347,020347.0k $69.8m $69.8m 0.08% Reduced -67.2k -67,191
43 FRANKLIN RESOURCES INC 0.04% of their portfolio San Mateo, CA 344,929344.9k $69.3m $69.3m 0.04% Added +334 +334
44 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 313,185313.2k $63.0m $63.0m 0.02% Added +42.4k +42,420
45 THOMPSON SIEGEL & WALMSLEY LLC 1.01% of their portfolio RICHMOND, VA 302,013302.0k $60.7m $60.7m 1.01% Reduced -1.5k -1,508
46 GLENMEDE TRUST CO NA 0.35% of their portfolio PHILADELPHIA, PA 301,353301.4k $60.6m $60.6m 0.35% Added +1.6k +1,591
47 ASSETMARK, INC 0.24% of their portfolio CONCORD, CA 298,971299.0k $60.1m $60.1m 0.24% Reduced -188.2k -188,222
48 BRANDES INVESTMENT PARTNERS, LP 1.15% of their portfolio LA JOLLA, CA 293,455293.5k $59.0m $59.0m 1.15% Added +59.5k +59,501
49 Madison Asset Management, LLC 0.85% of their portfolio MADISON, WI 289,568289.6k $58.2m $58.2m 0.85% Added +3.4k +3,368
50 Swiss National Bank 0.04% of their portfolio ZURICH, V8 285,020285.0k $57.3m $57.3m 0.04% Reduced -34.6k -34,600
51 WEITZ INVESTMENT MANAGEMENT, INC. 3.13% of their portfolio Omaha, NE 283,350283.4k $57.0m $57.0m 3.13% Added +15.1k +15,100
52 BARCLAYS PLC 0.04% of their portfolio LONDON, X0 277,853277.9k $55.9m $55.9m 0.04% Added +48.7k +48,732
53 EARNEST PARTNERS LLC 0.31% of their portfolio ATLANTA, GA 268,675268.7k $54.0m $54.0m 0.31% Added +80.5k +80,472
54 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 258,835258.8k $52.0m $52.0m 0.02% Reduced -425 -425
55 CAMBIAR INVESTORS LLC 2.06% of their portfolio Denver, CO 241,448241.4k $48.5m $48.5m 2.06% Added +30.7k +30,661
56 Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio CHIYODA-KU, TOKYO, M0 235,406235.4k $47.3m $47.3m 0.04% Reduced -4.1k -4,148
57 JANUS HENDERSON GROUP PLC 0.03% of their portfolio LONDON, X0 230,999231.0k $46.4m $46.4m 0.03% Reduced -23.6k -23,595
58 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 230,124230.1k $46.3m $46.3m 0.01% Reduced -223.0k -223,003
59 FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC 2.84% of their portfolio Greenbrae, CA 220,587220.6k $44.3m $44.3m 2.84% Reduced -565 -565
60 Bartlett & Co. LLC 0.79% of their portfolio CINCINNATI, OH 218,312218.3k $43.9m $43.9m 0.79% Added +9.1k +9,121
61 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.79% of their portfolio CINCINNATI, OH 218,312218.3k $43.9m $43.9m 0.79% Added +9.1k +9,121
62 AMI ASSET MANAGEMENT CORP 2.64% of their portfolio LOS ANGELES, CA 211,813211.8k $42.6m $42.6m 2.64% Added +45.8k +45,792
63 Cannell & Co. 1.45% of their portfolio New York, NY 210,420210.4k $42.3m $42.3m 1.45% Added +78.3k +78,296
64 Amundi 0.02% of their portfolio Paris, I0 189,622189.6k $38.2m $38.2m 0.02% Added +5.6k +5,555
65 M&G INVESTMENT MANAGEMENT LTD 0.28% of their portfolio London, X0 188,192188.2k $37.8m $37.8m 0.28% Added +17.0k +16,983
66 NICHOLAS COMPANY, INC. 0.75% of their portfolio MILWAUKEE, WI 185,890185.9k $37.4m $37.4m 0.75% Unchanged
67 RHUMBLINE ADVISERS 0.04% of their portfolio BOSTON, MA 181,645181.6k $36.5m $36.5m 0.04% Reduced -5.1k -5,078
68 RENAISSANCE TECHNOLOGIES LLC 0.06% of their portfolio NEW YORK, NY 177,405177.4k $35.7m $35.7m 0.06% Added +132.4k +132,400
69 DekaBank Deutsche Girozentrale 0.08% of their portfolio FRANKFURT, 2M 175,123175.1k $35.6m $35.6m 0.08% Reduced -13.2k -13,220
70 NATIXIS ADVISORS, LLC 0.11% of their portfolio Boston, MA 171,109171.1k $34.4m $34.4m 0.11% Added +17.4k +17,436
71 Sio Capital Management, LLC 10.50% of their portfolio NEW YORK, NY 168,809168.8k $33.9m $33.9m 10.50% Added +26.9k +26,903
72 NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio ALBANY, NY 161,242161.2k $32.4m $32.4m 0.05% Reduced -6.0k -5,965
73 FIRST TRUST ADVISORS LP 0.04% of their portfolio Wheaton, IL 161,107161.1k $32.4m $32.4m 0.04% Reduced -11.0k -11,028
74 National Pension Service 0.05% of their portfolio JEONJU-SI, JEOLLABUK-DO, M5 150,756150.8k $31.0m $31.0m 0.05% Added +4.8k +4,789
75 STATE OF WISCONSIN INVESTMENT BOARD 0.09% of their portfolio MADISON, WI 150,130150.1k $30.2m $30.2m 0.09% Added +81.8k +81,846
76 WEDGE CAPITAL MANAGEMENT L L P/NC 0.59% of their portfolio CHARLOTTE, NC 148,868148.9k $29.9m $29.9m 0.59% Added +8.0k +7,992
77 CREDIT SUISSE AG/ 0.03% of their portfolio ZURICH, V8 143,389143.4k $28.8m $28.8m 0.03% Added +15 +15
78 Bridgewater Associates, LP 0.17% of their portfolio Westport, CT 140,028140.0k $28.2m $28.2m 0.17% Reduced -694 -694
79 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio WEST SACRAMENTO, CA 139,888139.9k $28.1m $28.1m 0.04% Reduced -4.1k -4,143
80 River Road Asset Management, LLC 0.40% of their portfolio LOUISVILLE, KY 139,481139.5k $28.0m $28.0m 0.40% Added +9.9k +9,930
81 CANADA LIFE ASSURANCE Co 0.07% of their portfolio WINNIPEG, A2 137,052137.1k $27.6m $27.6m 0.07% Reduced -246 -246
82 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 136,480136.5k $27.4m $27.4m 0.02% Added +24.2k +24,239
83 Hunter Perkins Capital Management, LLC 5.85% of their portfolio LOMBARD, IL 135,251135.3k $27.2m $27.2m 5.85% Reduced -142.2k -142,165
84 DAVIDSON INVESTMENT ADVISORS 1.72% of their portfolio GREAT FALLS, MT 134,423134.4k $27.0m $27.0m 1.72% Added +26.3k +26,311
85 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 128,689128.7k $25.9m $25.9m 0.03% Added +79.1k +79,116
86 Grantham, Mayo, Van Otterloo & Co. LLC 0.12% of their portfolio Boston, MA 128,160128.2k $25.8m $25.8m 0.12% Reduced -10.3k -10,275
87 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 126,859126.9k $25.5m $25.5m 0.04% Added +650 +650
88 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 124,829124.8k $27.0m $27.0m 0.01% Reduced -43.6k -43,590
89 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 117,234117.2k $23.6m $23.6m 0.00% Reduced -424 -424
90 EQUITABLE TRUST CO 1.89% of their portfolio NASHVILLE, TN 113,944113.9k $22.9m $22.9m 1.89% Added +28.3k +28,280
91 SEI INVESTMENTS CO 0.04% of their portfolio OAKS, PA 111,375111.4k $22.4m $22.4m 0.04% Reduced -33.6k -33,602
92 DNB Asset Management AS 0.13% of their portfolio Oslo, Q8 109,014109.0k $21.9m $21.9m 0.13% Added +1.3k +1,283
93 Burgundy Asset Management Ltd. 0.27% of their portfolio Toronto, A6 108,454108.5k $21.8m $21.8m 0.27% Reduced -1.8k -1,771
94 Pictet Asset Management Holding SA 0.03% of their portfolio CAROUGE, V8 108,438108.4k $21.8m $21.8m 0.03% First filing
95 KBC Group NV 0.09% of their portfolio Brussels, C9 107,498107.5k $21.6m $21.6m 0.09% Reduced -1.5k -1,536
96 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 102,539102.5k $20.6m $20.6m 0.03% Reduced -13.6k -13,645
97 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 102,356102.4k $20.6m $20.6m 0.01% Added +37 +37
98 IRIDIAN ASSET MANAGEMENT LLC/CT 4.09% of their portfolio WESTPORT, CT 100,516100.5k $20.2m $20.2m 4.09% Reduced -86.7k -86,687
99 Galvin, Gaustad & Stein, LLC 1.99% of their portfolio Scottsdale, AZ 97,93597.9k $19.7m $19.7m 1.99% New
100 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.06% of their portfolio Paris, I0 96,80796.8k $19.5m $19.5m 0.06% Reduced -373 -373