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Quest Diagnostics

557 hedge funds and large institutions have $9.29B invested in Quest Diagnostics in 2016 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 191 increasing their positions, 196 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 40

34% more call options, than puts

Call options by funds: $51M | Put options by funds: $37.9M

4% more funds holding

Funds holding: 535557 (+22)

1.27% more ownership

Funds ownership: 92.58%93.85% (+1.3%)

1% less capital invested

Capital invested by funds: $9.43B → $9.29B (-$134M)

3% less repeat investments, than reductions

Existing positions increased: 191 | Existing positions reduced: 196

10% less funds holding in top 10

Funds holding in top 10: 109 (-1)

Holders
557
Holders Change
+22
Holders Change %
+4.11%
% of All Funds
14.84%
Holding in Top 10
9
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-10%
% of All Funds
0.24%
New
65
Increased
191
Reduced
196
Closed
40
Calls
$51M
Puts
$37.9M
Net Calls
+$13.1M
Net Calls Change
-$25.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
26
Dimensional Fund Advisors
Texas
$108M +$4.23M +63,133 +4%
Norges Bank
27
Norges Bank
Norway
$104M +$2.22M +33,065 +2%
RRAM
28
River Road Asset Management
Kentucky
$96M -$13.7M -204,326 -13%
AL
29
AJO LP
Pennsylvania
$88.5M +$2.59M +38,657 +3%
BG
30
BlackRock Group
United Kingdom
$85.4M -$13.3M -198,071 -14%
Deutsche Bank
31
Deutsche Bank
Germany
$83.2M -$1.15M -17,148 -1%
Fidelity Investments
32
Fidelity Investments
Massachusetts
$68.7M +$1.15M +17,147 +2%
Franklin Resources
33
Franklin Resources
California
$67.7M
Balyasny Asset Management
34
Balyasny Asset Management
Illinois
$65.8M +$61.7M +920,241 New
Westfield Capital Management
35
Westfield Capital Management
Massachusetts
$62.3M +$15.4M +229,774 +36%
Ameriprise
36
Ameriprise
Minnesota
$58.2M +$9.06M +135,110 +20%
Axa
37
Axa
France
$56.4M -$11.8M -175,422 -18%
AI
38
Ariel Investments
Illinois
$53.4M +$3.61M +53,841 +8%
Legal & General Group
39
Legal & General Group
United Kingdom
$51.2M +$935K +13,937 +2%
GC
40
Guggenheim Capital
Illinois
$51.2M -$7.22M -107,732 -13%
Canada Life
41
Canada Life
Manitoba, Canada
$49.9M +$1.75M +26,112 +4%
PFC
42
Poplar Forest Capital
California
$47.7M -$1.32M -19,710 -3%
First Trust Advisors
43
First Trust Advisors
Illinois
$45.4M -$12.4M -185,541 -23%
CCM
44
Camber Capital Management
Massachusetts
$42.9M
AllianceBernstein
45
AllianceBernstein
Tennessee
$41.3M +$508K +7,582 +1%
SCM
46
Sarissa Capital Management
Connecticut
$41.1M
CIC
47
Crawford Investment Counsel
Georgia
$39.3M -$695K -10,362 -2%
ACA
48
Anchor Capital Advisors
Massachusetts
$37.3M -$5.51M -82,159 -14%
RJA
49
Raymond James & Associates
Florida
$36.6M -$5.74M -85,575 -14%
Massachusetts Financial Services
50
Massachusetts Financial Services
Massachusetts
$36.1M +$2.31M +34,405 +7%

DGX Hedge Fund Activity: Q1 2016 in Review

557 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Quest Diagnostics (DGX) for Q1 2016, worth a combined $9.29B — down 1.4% from $9.43B a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new DGX positions and 40 closed out — a net gain of 25 holders — while 191 added to existing stakes and 196 trimmed.

The largest buyer was Royal London Asset Management, adding an estimated $166M. The largest seller was Boston Partners, exiting entirely with an estimated $187M sold.

  • 557 institutional investors held Quest Diagnostics (DGX) as of Q1 2016, up from 535 in Q4 2015.
  • Funds reported $9.29B of Quest Diagnostics stock for Q1 2016, down 1.4% quarter-over-quarter.
  • 65 funds opened new Quest Diagnostics positions in Q1 2016 and 40 closed out, a net change of +25 holders.
  • The largest Quest Diagnostics buyer in Q1 2016 was Royal London Asset Management, an estimated $166M added.
  • The largest Quest Diagnostics seller in Q1 2016 was Boston Partners, an estimated $187M sold.

Based on aggregated 13F filings for Q1 2016.