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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
NB
451
Norinchukin Bank
Japan
$543K -$47.5K -361 -8%
PA
452
Parallel Advisors
California
$537K -$26.4K -201 -5%
LA
453
Lifeworks Advisors
Michigan
$536K -$107K -812 -17%
LIM
454
Leavell Investment Management
Alabama
$535K -$31.7K -241 -6%
MML Investors Services
455
MML Investors Services
Massachusetts
$534K -$94.8K -721 -16%
OTPPB
456
Ontario Teachers' Pension Plan Board
Ontario, Canada
$532K -$2.85M -21,702 -85%
First Eagle Investment Management
457
First Eagle Investment Management
New York
$531K
MWM
458
Meridian Wealth Management
Kentucky
$525K +$1.58K +12 +0.3%
CCG
459
Cypress Capital Group
Florida
$524K
Cetera Investment Advisers
460
Cetera Investment Advisers
Illinois
$514K -$169K -1,283 -26%
MFS
461
Mirabella Financial Services
United Kingdom
$507K +$484K +3,679 New
NA
462
Navellier & Associates
Nevada
$505K +$119K +904 +33%
DWA
463
Douglass Winthrop Advisors
New York
$503K
WorldQuant Millennium Advisors
464
WorldQuant Millennium Advisors
New York
$502K -$1.1M -8,356 -70%
SRC
465
Shufro Rose & Co
New York
$500K
MM
466
MQS Management
New York
$498K -$333K -2,535 -41%
PAS
467
Park Avenue Securities
New York
$498K -$71.8K -546 -13%
GWCM
468
Godshalk Welsh Capital Management
Pennsylvania
$496K
CC
469
Courier Capital
New York
$493K
IC
470
IEQ Capital
California
$491K +$108K +822 +30%
NMIMC
471
Northwestern Mutual Investment Management Company
Wisconsin
$491K +$2.1K +16 +0.5%
AAM
472
Azzad Asset Management
Virginia
$482K +$12.5K +95 +3%
IF
473
Intrua Financial
Texas
$480K +$263 +2 +0.1%
TSWM
474
Triangle Securities Wealth Management
North Carolina
$476K +$74K +563 +19%
MPIA
475
Mountain Pacific Investment Advisers
Idaho
$476K

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.