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Quest Diagnostics

826 hedge funds and large institutions have $13.7B invested in Quest Diagnostics in 2023 Q4 according to their latest regulatory filings, with 108 funds opening new positions, 253 increasing their positions, 330 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more call options, than puts

Call options by funds: $176M | Put options by funds: $78.3M

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

69% more first-time investments, than exits

New positions opened: 108 | Existing positions closed: 64

14% more capital invested

Capital invested by funds: $12B → $13.7B (+$1.7B)

4% more funds holding

Funds holding: 794826 (+32)

0.8% more ownership

Funds ownership: 87.73%88.54% (+0.8%)

23% less repeat investments, than reductions

Existing positions increased: 253 | Existing positions reduced: 330

Holders
826
Holders Change
+32
Holders Change %
+4.03%
% of All Funds
12.04%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
108
Increased
253
Reduced
330
Closed
64
Calls
$176M
Puts
$78.3M
Net Calls
+$97.7M
Net Calls Change
+$5.2M
Name Holding Trade Value Shares
Change
Change in
Stake
EGM
351
Engineers Gate Manager
New York
$1.06M -$996K -7,573 -50%
HIMCH
352
Hartford Investment Management Co (HIMCO)
Connecticut
$1.04M -$10.5K -80 -1%
CIBC Private Wealth Group
353
CIBC Private Wealth Group
Georgia
$1.03M +$547K +4,163 +126%
HNB
354
Huntington National Bank
Ohio
$1.01M +$43.6K +332 +5%
EI
355
Ethic Inc
New York
$1M +$529K +4,023 +124%
FTDI
356
First Trust Direct Indexing
Massachusetts
$997K +$90.1K +685 +10%
LAM
357
LECAP Asset Management
United Kingdom
$985K +$939K +7,145 New
DLCIG
358
D.L. Carlson Investment Group
New Hampshire
$984K -$168K -1,279 -14%
VPIM
359
Vanguard Personalized Indexing Management
California
$982K -$119K -906 -11%
AWM
360
Axxcess Wealth Management
California
$981K +$716K +5,448 +327%
TC
361
Truvestments Capital
Florida
$981K -$260K -1,980 -22%
SAM
362
Securian Asset Management
Minnesota
$981K -$118K -897 -11%
BAM
363
Byrne Asset Management
New Jersey
$954K +$912K +6,936 New
IG
364
ING Group
Netherlands
$950K -$907K -6,897 -50%
FRM
365
Fox Run Management
Connecticut
$949K +$688K +5,233 +317%
BDA
366
Borer Denton & Associates
Pennsylvania
$948K -$46K -350 -5%
MFG
367
Merit Financial Group
Georgia
$942K +$50.7K +386 +6%
WAM
368
Werlinich Asset Management
Connecticut
$938K -$44.6K -339 -5%
JFG
369
Jefferies Financial Group
New York
$938K -$316K -2,400 -26%
LSERS
370
Louisiana State Employees Retirement System
Louisiana
$938K -$26.3K -200 -3%
QIM
371
Quantitative Investment Management
Virginia
$931K +$888K +6,755 New
RP
372
Riverwater Partners
Wisconsin
$921K +$5.92K +45 +0.7%
VA
373
Vident Advisory
Georgia
$909K +$640K +4,871 +283%
AWM
374
Apollon Wealth Management
South Carolina
$906K +$240K +1,823 +38%
CAM
375
Cresset Asset Management
Illinois
$897K -$144K -1,092 -14%

DGX Hedge Fund Activity: Q4 2023 in Review

826 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Quest Diagnostics (DGX) for Q4 2023, worth a combined $13.7B — up 14% from $12B a quarter earlier.

Buyers outnumbered sellers: 108 funds opened new DGX positions and 64 closed out — a net gain of 44 holders — while 253 added to existing stakes and 330 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $276M. The largest seller was BlackRock, cutting an estimated $106M.

  • 826 institutional investors held Quest Diagnostics (DGX) as of Q4 2023, up from 794 in Q3 2023.
  • Funds reported $13.7B of Quest Diagnostics stock for Q4 2023, up 14% quarter-over-quarter.
  • 108 funds opened new Quest Diagnostics positions in Q4 2023 and 64 closed out, a net change of +44 holders.
  • The largest Quest Diagnostics buyer in Q4 2023 was Morgan Stanley, an estimated $276M added.
  • The largest Quest Diagnostics seller in Q4 2023 was BlackRock, an estimated $106M sold.

Based on aggregated 13F filings for Q4 2023.