Is it different in a 1/4 or 1/12 size (fraction of the screen) column? If so, this is panel lottery. Try the reduced blanking timings or run it a tad slower. 39" panels are a little worse than 28". I can help you test this.
Seems that around 90% of older 28" and around 70% of 39" were capable of perfect 4k120hz.
Newer 28" (like u28h750) are much more reliable oc.