Vault-13

LABORATORY CORP AMER HLDGS

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

954 institutional holders +72 vs Q3 2023
84,087,73084.1m shares reported held*
$19.1bnreported value*
92 new 299 added 355 reduced 53 sold out net bought ≈ $621.8m (+2.7m 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 ($127.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $227.24. Options: 19 managers hold calls ($79.8m notional), 16 hold puts ($50.5m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 935Q4 22: 966Q1 23: 940Q2 23: 930Q3 23: 882Q4 23: 954954Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022935
Q4 2022966
Q1 2023940
Q2 2023930
Q3 2023882
Q4 2023954

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 23Q4 23: 391 bought or addedQ4 23: 408 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022378455
Q1 2023415439
Q2 2023373453
Q3 2023391418
Q4 2023391408

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ1 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 0.44Q4 23 calls: $79.8mQ4 23 puts: $50.5mQ4 23P/C 0.63
Numbers
QuarterCallsPutsP/C
Q1 2023$132.6m$60.1m0.45
Q2 2023$141.6m$84.6m0.60
Q3 2023$120.5m$52.6m0.44
Q4 2023$79.8m$50.5m0.63

Biggest buyers

MORGAN STANLEY Added +1,649,035+1.6m
JPMORGAN CHASE & CO Added +1,586,893+1.6m
LORD, ABBETT & CO. LLC Added +817,054+817.1k
NORGES BANK Added +515,548+515.5k
Invesco Ltd. Added +380,946+380.9k
CITADEL ADVISORS LLC Added +366,335+366.3k
Navera Investment Management Ltd. Added +279,628+279.6k
Public Sector Pension Investment Board Added +260,993+261.0k
Allspring Global Investments Holdings, LLC Added +209,308+209.3k
BANK OF NOVA SCOTIA Added +165,528+165.5k

Biggest sellers

BlackRock Inc. Reduced -1,386,222-1.4m
VANGUARD GROUP INC Reduced -446,792-446.8k
Boston Partners Sold out -418,995-419.0k
LAZARD ASSET MANAGEMENT LLC Reduced -391,525-391.5k
WELLINGTON MANAGEMENT GROUP LLP Reduced -239,013-239.0k
BANK OF AMERICA CORP /DE/ Reduced -231,710-231.7k
ARIEL INVESTMENTS, LLC Reduced -133,044-133.0k
Grantham, Mayo, Van Otterloo & Co. LLC Reduced -100,732-100.7k
TRUIST FINANCIAL CORP Reduced -94,294-94.3k
Laurion Capital Management LP Reduced -85,342-85.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $18.3m80.6k shares
CITADEL ADVISORS LLC Reduced $15.5m68.2k shares
BANK OF AMERICA CORP /DE/ New $13.3m58.3k shares
CITIGROUP INC Reduced $7.4m32.5k shares
MILLENNIUM MANAGEMENT LLC Added $6.6m29.1k shares
UBS Group AG Unchanged $3.4m15.0k shares
TWO SIGMA SECURITIES, LLC Added $2.8m12.4k shares
SIMPLEX TRADING, LLC Added $2.8m17.6k shares
GTS SECURITIES LLC Reduced $2.6m11.6k shares
Walleye Trading LLC Reduced $1.8m7.9k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $12.5m54.9k shares
D. E. Shaw & Co., Inc. Added $11.0m48.2k shares
CITADEL ADVISORS LLC Reduced $9.2m40.5k shares
Walleye Trading LLC Reduced $4.0m17.4k shares
CAPSTONE INVESTMENT ADVISORS, LLC Added $2.4m10.7k shares
TWO SIGMA SECURITIES, LLC Added $2.2m9.6k shares
Walleye Capital LLC Added $2.1m9.4k shares
SIMPLEX TRADING, LLC Reduced $1.6m62.7k shares
GTS SECURITIES LLC Reduced $1.5m6.6k shares
Maven Securities LTD Added $1.3m5.8k 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.06% of their portfolio New York, NY 10,488,99710.5m $2.4bn $2.4bn 0.06% Reduced -1.4m -1,386,222
2 VANGUARD GROUP INC 0.05% of their portfolio Valley Forge, PA 9,745,6579.7m $2.2bn $2.2bn 0.05% Reduced -446.8k -446,792
3 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 3,868,3263.9m $879.2m $879.2m 0.04% Added +1.6m +1,649,035
4 STATE STREET CORP 0.04% of their portfolio BOSTON, MA 3,770,2863.8m $856.9m $856.9m 0.04% Reduced -56.3k -56,257
5 JPMORGAN CHASE & CO 0.04% of their portfolio NEW YORK, NY 3,022,6023.0m $687.0m $687.0m 0.04% Added +1.6m +1,586,893
6 WELLINGTON MANAGEMENT GROUP LLP 0.10% of their portfolio Boston, MA 2,248,0932.2m $511.0m $511.0m 0.10% Reduced -239.0k -239,013
7 GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio BOSTON, MA 1,870,4791.9m $424.0m $424.0m 0.04% Reduced -48.2k -48,248
8 LAZARD ASSET MANAGEMENT LLC 0.52% of their portfolio NEW YORK, NY 1,820,9721.8m $413.9m $413.9m 0.52% Reduced -391.5k -391,525
9 LORD, ABBETT & CO. LLC 0.58% of their portfolio JERSEY CITY, NJ 1,447,3701.4m $329.0m $329.0m 0.58% Added +817.1k +817,054
10 DIMENSIONAL FUND ADVISORS LP 0.10% of their portfolio AUSTIN, TX 1,446,4541.4m $328.8m $328.8m 0.10% Reduced -8.5k -8,524
11 Diamond Hill Capital Management, LLC (Investment Advisor) 1.42% of their portfolio COLUMBUS, OH 1,423,8601.4m $323.6m $323.6m 1.42% Added +143.0k +142,976
12 ALLIANCEBERNSTEIN L.P. 0.12% of their portfolio NASHVILLE, TN 1,331,9491.3m $302.7m $302.7m 0.12% Added +29.6k +29,607
13 NORGES BANK 0.05% of their portfolio OSLO, Q8 1,280,4991.3m $291.0m $291.0m 0.05% Added +515.5k +515,548
14 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 1,260,6851.3m $286.5m $286.5m 0.03% Reduced -231.7k -231,710
15 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.11% of their portfolio NEW YORK, NY 1,193,4451.2m $271.3m $271.3m 0.11% Added +3.0k +2,966
16 NORTHERN TRUST CORP 0.05% of their portfolio CHICAGO, IL 1,163,2521.2m $264.4m $264.4m 0.05% Added +33.5k +33,493
17 Navera Investment Management Ltd. 5.59% of their portfolio LONDON, X0 1,140,3001.1m $259.1m $259.1m 5.59% Added +279.6k +279,628
18 Invesco Ltd. 0.06% of their portfolio ATLANTA, GA 1,134,0591.1m $257.8m $257.8m 0.06% Added +380.9k +380,946
19 FMR LLC 0.02% of their portfolio BOSTON, MA 1,130,4231.1m $256.9m $256.9m 0.02% Added +64.6k +64,632
20 Allspring Global Investments Holdings, LLC 0.38% of their portfolio CHARLOTTE, NC 1,016,2831.0m $231.0m $231.0m 0.38% Added +209.3k +209,308
21 Nuveen Asset Management, LLC 0.07% of their portfolio CHICAGO, IL 920,529920.5k $209.2m $209.2m 0.07% Added +18.6k +18,609
22 Southpoint Capital Advisors LP 4.39% of their portfolio NEW YORK, NY 900,000900.0k $204.6m $204.6m 4.39% Added +150.0k +150,000
23 AMERICAN CENTURY COMPANIES INC 0.13% of their portfolio KANSAS CITY, MO 853,613853.6k $194.0m $194.0m 0.13% Added +5.9k +5,860
24 Thrivent Financial for Lutherans 0.39% of their portfolio Minneapolis, MN 779,162779.2k $177.1m $177.1m 0.39% Added +821 +821
25 Bank of New York Mellon Corp 0.03% of their portfolio NEW YORK, NY 720,605720.6k $163.8m $163.8m 0.03% Reduced -8.7k -8,675
26 COOKE & BIELER LP 1.35% of their portfolio PHILADELPHIA, PA 672,345672.3k $152.8m $152.8m 1.35% Reduced -17.4k -17,371
27 Legal & General Group Plc 0.05% of their portfolio London, X0 663,601663.6k $150.8m $150.8m 0.05% Reduced -20.4k -20,366
28 Mondrian Investment Partners LTD 2.10% of their portfolio LONDON, X0 585,546585.5k $133.1m $133.1m 2.10% Added +8.1k +8,137
29 STIFEL FINANCIAL CORP 0.16% of their portfolio ST. LOUIS, MO 570,187570.2k $129.6m $129.6m 0.16% Added +21.2k +21,222
30 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 567,645567.6k $129.0m $129.0m 0.04% Added +27.2k +27,216
31 ARIEL INVESTMENTS, LLC 1.25% of their portfolio CHICAGO, IL 550,789550.8k $125.2m $125.2m 1.25% Reduced -133.0k -133,044
32 BECK MACK & OLIVER LLC 2.90% of their portfolio NEW YORK, NY 549,254549.3k $124.8m $124.8m 2.90% Reduced -7.0k -7,019
33 NORDEA INVESTMENT MANAGEMENT AB 0.15% of their portfolio STOCKHOLM, V7 525,105525.1k $119.3m $119.3m 0.15% Reduced -42.8k -42,809
34 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio SAN FRANCISCO, CA 518,127518.1k $117.8m $117.8m 0.03% Reduced -3.7k -3,706
35 CITADEL ADVISORS LLC 0.11% of their portfolio MIAMI, FL 495,024495.0k $112.5m $112.5m 0.11% Added +366.3k +366,335
36 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.04% of their portfolio Boston, MA 479,781479.8k $109.0m $109.0m 0.04% Reduced -5.6k -5,646
37 California Public Employees Retirement System 0.08% of their portfolio Sacramento, CA 452,431452.4k $102.8m $102.8m 0.08% Added +2.0k +1,979
38 UBS Group AG 0.04% of their portfolio ZURICH, V8 403,825403.8k $91.8m $91.8m 0.04% Reduced -28.3k -28,301
39 FIL Ltd 0.09% of their portfolio HAMILTON, D0 392,940392.9k $89.3m $89.3m 0.09% Reduced -13.2k -13,209
40 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 391,268391.3k $88.9m $88.9m 0.04% Added +9.0k +8,975
41 FRANKLIN RESOURCES INC 0.04% of their portfolio San Mateo, CA 350,572350.6k $79.7m $79.7m 0.04% Added +5.6k +5,643
42 Madison Asset Management, LLC 1.06% of their portfolio MADISON, WI 342,704342.7k $77.9m $77.9m 1.06% Added +53.1k +53,136
43 Cannell & Co. 2.46% of their portfolio New York, NY 340,869340.9k $77.5m $77.5m 2.46% Added +130.4k +130,449
44 HSBC HOLDINGS PLC 0.07% of their portfolio LONDON, X0 338,939338.9k $77.0m $77.0m 0.07% Reduced -8.1k -8,081
45 BRANDES INVESTMENT PARTNERS, LP 1.15% of their portfolio LA JOLLA, CA 334,137334.1k $75.9m $75.9m 1.15% Added +40.7k +40,682
46 BARCLAYS PLC 0.04% of their portfolio LONDON, X0 333,314333.3k $75.8m $75.8m 0.04% Added +55.5k +55,461
47 DEUTSCHE BANK AG\ 0.04% of their portfolio FRANKFURT AM MAIN, 2M 325,067325.1k $73.9m $73.9m 0.04% Reduced -31.8k -31,767
48 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 323,628323.6k $73.6m $73.6m 0.02% Added +10.4k +10,443
49 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 309,325309.3k $70.3m $70.3m 0.02% Added +50.5k +50,490
50 GLENMEDE TRUST CO NA 0.35% of their portfolio PHILADELPHIA, PA 300,710300.7k $68.3m $68.3m 0.35% Reduced -643 -643
51 ASSETMARK, INC 0.24% of their portfolio CONCORD, CA 288,435288.4k $65.6m $65.6m 0.24% Reduced -10.5k -10,536
52 Swiss National Bank 0.05% of their portfolio ZURICH, V8 276,720276.7k $62.9m $62.9m 0.05% Reduced -8.3k -8,300
53 Public Sector Pension Investment Board 0.47% of their portfolio MONTREAL, A8 270,483270.5k $61.5m $61.5m 0.47% Added +261.0k +260,993
54 EARNEST PARTNERS LLC 0.30% of their portfolio ATLANTA, GA 263,043263.0k $59.8m $59.8m 0.30% Reduced -5.6k -5,632
55 WEITZ INVESTMENT MANAGEMENT, INC. 3.13% of their portfolio Omaha, NE 261,350261.4k $59.4m $59.4m 3.13% Reduced -22.0k -22,000
56 THOMPSON SIEGEL & WALMSLEY LLC 0.92% of their portfolio RICHMOND, VA 249,392249.4k $56.7m $56.7m 0.92% Reduced -52.6k -52,621
57 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 246,860246.9k $56.1m $56.1m 0.01% Added +16.7k +16,736
58 CAMBIAR INVESTORS LLC 2.15% of their portfolio Denver, CO 240,537240.5k $54.7m $54.7m 2.15% Reduced -911 -911
59 Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio CHIYODA-KU, TOKYO, M0 235,472235.5k $53.5m $53.5m 0.04% Added +66 +66
60 FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC 3.01% of their portfolio Greenbrae, CA 222,723222.7k $50.6m $50.6m 3.01% Added +2.1k +2,136
61 Bartlett & Co. LLC 0.82% of their portfolio CINCINNATI, OH 222,687222.7k $50.6m $50.6m 0.82% Added +4.4k +4,375
62 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.82% of their portfolio CINCINNATI, OH 222,687222.7k $50.6m $50.6m 0.82% Added +4.4k +4,375
63 AMI ASSET MANAGEMENT CORP 2.63% of their portfolio LOS ANGELES, CA 211,358211.4k $48.0m $48.0m 2.63% Reduced -455 -455
64 M&G INVESTMENT MANAGEMENT LTD 0.27% of their portfolio London, X0 196,573196.6k $44.6m $44.6m 0.27% Added +8.4k +8,381
65 NICHOLAS COMPANY, INC. 0.75% of their portfolio MILWAUKEE, WI 185,890185.9k $42.3m $42.3m 0.75% Unchanged
66 BANK OF NOVA SCOTIA 0.07% of their portfolio TORONTO, A6 175,176175.2k $39.8m $39.8m 0.07% Added +165.5k +165,528
67 RHUMBLINE ADVISERS 0.04% of their portfolio BOSTON, MA 174,596174.6k $39.7m $39.7m 0.04% Reduced -7.0k -7,049
68 Amundi 0.02% of their portfolio Paris, I0 169,929169.9k $38.8m $38.8m 0.02% Reduced -19.7k -19,693
69 Sio Capital Management, LLC 9.66% of their portfolio NEW YORK, NY 165,123165.1k $37.5m $37.5m 9.66% Reduced -3.7k -3,686
70 DekaBank Deutsche Girozentrale 0.08% of their portfolio FRANKFURT, 2M 164,527164.5k $37.1m $37.1m 0.08% Reduced -10.6k -10,596
71 JANUS HENDERSON GROUP PLC 0.02% of their portfolio LONDON, X0 162,220162.2k $36.9m $36.9m 0.02% Reduced -68.8k -68,779
72 National Pension Service 0.05% of their portfolio JEONJU-SI, JEOLLABUK-DO, M5 150,756150.8k $34.3m $34.3m 0.05% Unchanged
73 NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio ALBANY, NY 150,574150.6k $34.2m $34.2m 0.05% Reduced -10.7k -10,668
74 CREDIT SUISSE AG/ 0.03% of their portfolio ZURICH, V8 147,434147.4k $33.5m $33.5m 0.03% Added +4.0k +4,045
75 FIRST TRUST ADVISORS LP 0.04% of their portfolio Wheaton, IL 146,862146.9k $33.4m $33.4m 0.04% Reduced -14.2k -14,245
76 BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio PARIS, I0 143,661143.7k $32.7m $32.7m 0.06% Added +66.4k +66,428
77 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 142,912142.9k $32.5m $32.5m 0.01% Added +18.1k +18,083
78 WEDGE CAPITAL MANAGEMENT L L P/NC 0.58% of their portfolio CHARLOTTE, NC 142,241142.2k $32.3m $32.3m 0.58% Reduced -6.6k -6,627
79 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio WEST SACRAMENTO, CA 138,974139.0k $31.6m $31.6m 0.04% Reduced -914 -914
80 STATE OF WISCONSIN INVESTMENT BOARD 0.09% of their portfolio MADISON, WI 136,971137.0k $31.1m $31.1m 0.09% Reduced -13.2k -13,159
81 DAVIDSON INVESTMENT ADVISORS 1.77% of their portfolio GREAT FALLS, MT 136,313136.3k $31.0m $31.0m 1.77% Added +1.9k +1,890
82 Hunter Perkins Capital Management, LLC 6.28% of their portfolio LOMBARD, IL 132,244132.2k $30.1m $30.1m 6.28% Reduced -3.0k -3,007
83 EQUITABLE TRUST CO 2.24% of their portfolio NASHVILLE, TN 131,242131.2k $29.8m $29.8m 2.24% Added +17.3k +17,298
84 CITIGROUP INC 0.04% of their portfolio NEW YORK, NY 129,145129.1k $29.4m $29.4m 0.04% Added +26.6k +26,606
85 NATIXIS ADVISORS, LLC 0.08% of their portfolio Boston, MA 128,464128.5k $29.2m $29.2m 0.08% Reduced -42.6k -42,645
86 CANADA LIFE ASSURANCE Co 0.06% of their portfolio WINNIPEG, A2 126,186126.2k $28.5m $28.5m 0.06% Reduced -10.9k -10,866
87 Birch Hill Investment Advisors LLC 1.46% of their portfolio Boston, MA 120,595120.6k $27.4m $27.4m 1.46% Added +34.0k +33,974
88 SEI INVESTMENTS CO 0.04% of their portfolio OAKS, PA 120,315120.3k $27.3m $27.3m 0.04% Added +8.9k +8,940
89 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 118,243118.2k $26.9m $26.9m 0.02% Reduced -18.2k -18,237
90 RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio NEW YORK, NY 112,705112.7k $25.6m $25.6m 0.04% Reduced -64.7k -64,700
91 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 111,554111.6k $25.4m $25.4m 0.00% Reduced -5.7k -5,680
92 River Road Asset Management, LLC 0.35% of their portfolio LOUISVILLE, KY 109,801109.8k $25.0m $25.0m 0.35% Reduced -29.7k -29,680
93 KBC Group NV 0.09% of their portfolio Brussels, C9 108,067108.1k $24.6m $24.6m 0.09% Added +569 +569
94 Pictet Asset Management Holding SA 0.03% of their portfolio CAROUGE, V8 107,923107.9k $24.5m $24.5m 0.03% Reduced -515 -515
95 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.05% of their portfolio TALLAHASSEE, FL 100,513100.5k $22.8m $22.8m 0.05% Added +7.6k +7,585
96 DNB Asset Management AS 0.12% of their portfolio Oslo, Q8 99,28299.3k $22.6m $22.6m 0.12% Reduced -9.7k -9,732
97 APG Asset Management N.V. 0.04% of their portfolio Amsterdam, P7 98,34098.3k $20.2m $20.2m 0.04% Added +8.2k +8,205
98 Galvin, Gaustad & Stein, LLC 2.07% of their portfolio Scottsdale, AZ 97,17997.2k $22.1m $22.1m 2.07% Reduced -756 -756
99 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 96,42496.4k $21.9m $21.9m 0.01% Reduced -5.9k -5,932
100 PEAPACK GLADSTONE FINANCIAL CORP 0.36% of their portfolio BEDMINSTER, NJ 92,87192.9k $21.1m $21.1m 0.36% Added +445 +445