Labcorp Holdings

LH • NYSE

Labcorp Holdings is a medical - diagnostics & research company in the healthcare sector on NYSE, led by Adam H. Schechter, with a market cap of $22.3B. As of Q3 2025, 92% of shares are held by 977 institutional investors, with VANGUARD GROUP INC as the largest holder at 11.81%.

CEOAdam H. Schechter

Market Cap$22.3B

Medical - Diagnostics & Research

Healthcare

Employees67.0K

Websitelabcorp.com

Country

United States of America

Overview

Overview of institutional ownership in LH as of Q3 2025 with a market cap of $23.9B

All Institutions

Institutions: 977
Value Held: $22.0B
Shares Held: 76.8M
Avg Position: $22.5M
Median Position: $787.7K

Hedge Funds

Hedge Funds: 52
Value Held: $1.1B
Shares Held: 3.7M
Avg Position: $20.6M
Median Position: $2.4M

Ownership Breakdown

Institutional (non-HF)

87.81%

$20.9B

Hedge Funds

4.49%

$1.1B

Retail & Other

7.71%

$1.8B

Based on market cap of $23.9B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in LH as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$2.8B 0.04% of portfolio	11.81% 9.8M shares	≤ Q2 2013 Held for 12y 6m+	$6.69T
BlackRock, Inc. Institution	Laurence D. Fink CEO	$2.3B 0.04% of portfolio	9.78% 8.1M shares	≤ Q2 2013 Held for 12y 6m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$1.1B 0.04% of portfolio	4.61% 3.8M shares	≤ Q2 2013 Held for 12y 6m+	$2.88T
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	David Craig Brown CEO	$756.9M 0.48% of portfolio	3.17% 2.6M shares	Q2 2015 Held for 10y 6m	$158.22B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$606.9M 0.04% of portfolio	2.56% 2.1M shares	≤ Q2 2013 Held for 12y 6m+	$1.57T
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Jean Marie Hynes CEO	$604.5M 0.11% of portfolio	2.53% 2.1M shares	≤ Q2 2013 Held for 12y 6m+	$571.21B
Allspring Global Investments Holdings, LLC Long Only Manager	Francis Jon Baranko President	$557.1M 0.91% of portfolio	2.40% 2.0M shares	Q4 2021 Held for 4 years	$61.5B
Select Equity Group, L.P. Hedge Fund•Multi-Strategy	George Stabler Loening Chairman	$527.3M 2.16% of portfolio	2.21% 1.8M shares	Q2 2024 Held for 1y 6m	$24.4B
Bank of New York Mellon Corp Institution	Robin Vince CEO	$508.5M 0.09% of portfolio	2.13% 1.8M shares	≤ Q2 2013 Held for 12y 6m+	$556.34B
DIAMOND HILL CAPITAL MANAGEMENT INC Long Only Manager	Heather Brilliant CEO	$471.4M 2.24% of portfolio	1.98% 1.6M shares	Q2 2023 Held for 2y 6m	$21.0B

Net Capital Flow

Institutional buying and selling activity for LH in Q3 2025

Traded: −$412.3M
Buyers: 412
Sellers: 429
Total Bought: +$997.2M
Total Sold: −$1.4B
Avg Position: $21.3M

Biggest Buyers

Institution	Net Bought	Current Position
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	+$126.3M +440.2K shares	$756.9M 2.6M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$108.0M +376.3K shares	$148.3M 516.6K shares
P Pacer Advisors, Inc. Institution	+$85.7M +298.4K shares	$87.8M 305.7K shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	+$83.0M +289.0K shares	$604.5M 2.1M shares
Marshall Wace LLP Institution	+$79.1M +275.5K shares	$179.0M 623.6K shares
Woodline Partners LP Hedge Fund•Long/Short	+$70.6M +246.0K shares	$82.4M 287.1K shares
B BESSEMER GROUP INC Institution	+$51.3M +178.7K shares	$52.6M 183.2K shares
River Road Asset Management, LLC Long Only Manager	+$40.8M +142.3K shares	$103.3M 360.0K shares
FIRST TRUST ADVISORS LP ETF Provider	+$29.3M +102.2K shares	$54.0M 188.2K shares
8 8 KNOTS MANAGEMENT, LLC Hedge Fund•Long/Short	+$28.9M +100.7K shares	$58.8M 204.9K shares

Biggest Sellers

Institution	Net Sold	Current Position
BlackRock, Inc. Institution	−$268.9M −936.7K shares	$2.3B 8.1M shares
LAZARD ASSET MANAGEMENT LLC Long Only Manager	−$145.2M −505.9K shares	$138.8M 483.5K shares
NORDEA INVESTMENT MANAGEMENT AB Institution	−$87.6M −308.1K shares	$432.4M 1.5M shares
Select Equity Group, L.P. Hedge Fund•Multi-Strategy	−$84.9M −295.8K shares	$527.3M 1.8M shares
JPMORGAN CHASE & CO Institution	−$65.8M −229.3K shares	$308.3M 1.1M shares
FMR LLC Institution	−$65.1M −226.7K shares	$415.7M 1.4M shares
DIAMOND HILL CAPITAL MANAGEMENT INC Long Only Manager	−$52.0M −181.3K shares	$471.4M 1.6M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$44.5M −155.1K shares	$253.4M 882.7K shares
A AMERICAN CENTURY COMPANIES INC Institution	−$36.9M −128.4K shares	$220.0M 766.4K shares
NGAM ADVISORS, L.P. Long Only Manager	−$33.6M −116.9K shares	$109.7M 382.2K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited LH in Q3 2025

New Positions: 39
New Value: $10.6M
Exited Positions: 58
Exited Value: $72.8M

New Positions

Institution	Position Value
E Elo Mutual Pension Insurance Co Institution	$3.6M 12.5K shares
R Raiffeisen Bank International AG Institution	$867.5K 3.1K shares
HORIZON FINANCIAL SERVICES, LLC RIA/Wealth	$809.5K 2.8K shares
VestGen Advisors, LLC RIA/Wealth	$674.6K 2.4K shares
Ausdal Financial Partners, Inc. RIA/Wealth	$614.9K 2.1K shares
T TEMA ETFS LLC Institution	$504.9K 1.8K shares
Optimize Financial Inc RIA/Wealth	$436.9K 1.5K shares
S Sage Mountain Advisors LLC RIA/Wealth	$268.1K 934.0 shares
P Polymer Capital Management LTD Hedge Fund•Multi-Strategy	$267.3K 931.0 shares
FIRST FINANCIAL BANKSHARES INC Institution	$261.2K 910.0 shares

Exited Positions

Institution	Previous Position
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$24.5M 93.4K shares
EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC RIA/Wealth	$18.8M 71.7K shares
H HRT FINANCIAL LLC Institution	$6.1M 23.3K shares
A AXA Institution	$2.6M 9.9K shares
S Sciencast Management LP Hedge Fund•Quant	$2.4M 9.3K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$1.5M 5.8K shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	$1.5M 5.6K shares
D Dynamic Technology Lab Private Ltd Institution	$1.4M 5.4K shares
N Neo Ivy Capital Management Hedge Fund•Quant	$1.2M 4.6K shares
AIGEN INVESTMENT MANAGEMENT, LP Hedge Fund•Long/Short	$1.2M 4.5K shares

Options Activity

Institutions with the largest Call and Put options positions in LH as of Q3 2025

Call Positions: 11
Call Value: $55.9M
Put Positions: 11
Put Value: $58.9M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$32.4M 1.1K contracts
P PEAK6 LLC Institution	$11.3M 392.0 contracts
J JANE STREET GROUP, LLC Institution	$5.7M 200.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$3.5M 122.0 contracts
W WOLVERINE TRADING, LLC Institution	$2.0M 69.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$574.1K 20.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$459.3K 16.0 contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	- - contracts
S Squarepoint Ops LLC Hedge Fund•Quant	- - contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$36.6M 1.3K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$12.3M 430.0 contracts
J JANE STREET GROUP, LLC Institution	$6.7M 232.0 contracts
P PEAK6 LLC Institution	$1.3M 46.0 contracts
W WOLVERINE TRADING, LLC Institution	$1.2M 44.0 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$430.6K 15.0 contracts
CAPSTONE INVESTMENT ADVISORS, LLC Hedge Fund•Multi-Strategy	$229.6K 8.0 contracts
UBS Group AG Institution	$57.4K 2.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$28.7K 1.0 contracts
Caption Management, LLC Hedge Fund•Long/Short	- - contracts

Most Committed Institutions

Institutions with LH as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Hunter Perkins Capital Management, LLC Long Only Manager	Alec Hunter Perkins CEO	6.90% $30.0M	0.13% 104.6K shares	Q2 2020 Held for 5y 6m	$435.0M
8 8 KNOTS MANAGEMENT, LLC Hedge Fund•Long/Short	Scott Joshua Green CEO	6.65% $58.8M	0.25% 204.9K shares	Q2 2025 Held for 6 months	$884.1M
V Veritas Investment Partners Ltd. Institution	-	5.81% $303.6M	1.27% 1.1M shares	Q4 2020 Held for 5 years	$5.2B
BANYAN CAPTIAL MANAGEMENT, INC. RIA/Wealth	Drew Douglas Estes President	5.50% $11.6M	0.05% 40.4K shares	Q4 2018 Held for 7 years	$210.7M
B Belfer Management LLC Institution	-	4.95% $356.7K	0.00% 1.2K shares	Q3 2022 Held for 3y 3m	$7.2M
MCRAE CAPITAL MANAGEMENT INC RIA/Wealth	Heather M Nemeth President	4.81% $24.2M	0.10% 84.5K shares	Q2 2016 Held for 9y 6m	$503.8M
WS MANAGEMENT LLLP Hedge Fund•Long/Short	Gilchrist Baker Berg President	4.63% $30.1M	0.13% 105.0K shares	Q1 2025 Held for 9 months	$651.6M
HAHN CAPITAL MANAGEMENT LLC Long Only Manager	John David Schaeffer President	4.57% $9.5M	0.04% 33.2K shares	Q2 2016 Held for 9y 6m	$208.7M
LATHROP INVESTMENT MANAGEMENT CORP RIA/Wealth	Gregory Colin Lathrop Chairman	3.80% $20.0M	0.08% 69.5K shares	Q2 2016 Held for 9y 6m	$524.6M
M Mayar Capital Ltd. RIA/Wealth	William Michael May Owner	3.74% $2.4M	0.01% 8.3K shares	Q1 2021 Held for 4y 9m	$63.9M

Hedge Fund Spotlight

Discover hedge funds investing in LH

Bayesian Capital Management, LP

Hedge Fund • Quant

Portfolio ManagerVelin Krassimirov Tzanov

Portfolio Value: $489.3M
Positions: 501
Last Reported: Q3 2025

Sector Allocation

Position in Labcorp Holdings

Market Value: $2.1M
Shares Held: 7.3K
Portfolio Weight: 0.43%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$6.3M	1.29%
2 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$6.0M	1.23%
3 Boston Scientific BSX	Medical - Devices Healthcare	$5.4M	1.10%