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Quest Diagnostics

559 hedge funds and large institutions have $10.4B invested in Quest Diagnostics in 2016 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 173 increasing their positions, 211 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more call options, than puts

Call options by funds: $31.9M | Put options by funds: $24.7M

16% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 44

0% more funds holding

Funds holding: 558559 (+1)

8% less capital invested

Capital invested by funds: $11.2B → $10.4B (-$865M)

8.89% less ownership

Funds ownership: 97.66%88.78% (-8.9%)

18% less repeat investments, than reductions

Existing positions increased: 173 | Existing positions reduced: 211

73% less funds holding in top 10

Funds holding in top 10: 113 (-8)

Holders
559
Holders Change
+1
Holders Change %
+0.18%
% of All Funds
14.91%
Holding in Top 10
3
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-72.73%
% of All Funds
0.08%
New
51
Increased
173
Reduced
211
Closed
44
Calls
$31.9M
Puts
$24.7M
Net Calls
+$7.14M
Net Calls Change
-$7.21M
Name Holding Trade Value Shares
Change
Change in
Stake
Geode Capital Management
26
Geode Capital Management
Massachusetts
$110M +$3.62M +43,105 +3%
AQR Capital Management
27
AQR Capital Management
Connecticut
$108M -$23.3M -276,926 -18%
Acadian Asset Management
28
Acadian Asset Management
Massachusetts
$99.6M +$37.8M +449,689 +62%
Deutsche Bank
29
Deutsche Bank
Germany
$93.2M -$757K -9,011 -0.8%
FC
30
Fairpointe Capital
Illinois
$87.8M -$5.81M -69,179 -6%
Fidelity Investments
31
Fidelity Investments
Massachusetts
$80.2M -$4.93M -58,684 -6%
Franklin Resources
32
Franklin Resources
California
$80M -$207K -2,461 -0.3%
Marshall Wace
33
Marshall Wace
United Kingdom
$78.1M +$27.5M +327,519 +55%
APG Asset Management
34
APG Asset Management
Netherlands
$66.5M +$13.7M +163,100 +26%
Ameriprise
35
Ameriprise
Minnesota
$63.1M +$1.83M +21,772 +3%
Legal & General Group
36
Legal & General Group
United Kingdom
$63.1M +$613K +7,300 +1%
Westfield Capital Management
37
Westfield Capital Management
Massachusetts
$55.9M -$14.6M -173,505 -21%
GC
38
Guggenheim Capital
Illinois
$50.6M -$1.28M -15,290 -2%
BCM
39
Bridgeway Capital Management
Texas
$50.4M
O
40
OppenheimerFunds
New York
$50M +$48.9M +582,170 +6,560%
CS
41
Credit Suisse
Switzerland
$47.7M +$30.1M +358,923 +175%
Massachusetts Financial Services
42
Massachusetts Financial Services
Massachusetts
$45.6M +$942K +11,212 +2%
JHIU
43
Janus Henderson Investors US
Colorado
$45.4M +$38.8M +462,230 +624%
Canada Life
44
Canada Life
Manitoba, Canada
$45.1M -$14.1M -168,376 -24%
CIC
45
Crawford Investment Counsel
Georgia
$44.6M -$937K -11,156 -2%
PPA
46
Parametric Portfolio Associates
Washington
$42M -$7.22K -86 -0%
AllianceBernstein
47
AllianceBernstein
Tennessee
$41.6M +$55.4K +660 +0.1%
New York State Common Retirement Fund
48
New York State Common Retirement Fund
New York
$40.3M -$3.51M -41,800 -8%
UBS AM
49
UBS AM
Illinois
$39.2M +$4.36M +51,869 +13%
Swiss National Bank
50
Swiss National Bank
Switzerland
$38.5M -$815K -9,700 -2%

DGX Hedge Fund Activity: Q3 2016 in Review

559 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Quest Diagnostics (DGX) for Q3 2016, worth a combined $10.4B — down 7.7% from $11.2B a quarter earlier.

Buyers outnumbered sellers: 51 funds opened new DGX positions and 44 closed out — a net gain of 7 holders — while 173 added to existing stakes and 211 trimmed.

The largest buyer was OppenheimerFunds, adding an estimated $48.9M. The largest seller was Macquarie Group, cutting an estimated $837M.

  • 559 institutional investors held Quest Diagnostics (DGX) as of Q3 2016, up from 558 in Q2 2016.
  • Funds reported $10.4B of Quest Diagnostics stock for Q3 2016, down 7.7% quarter-over-quarter.
  • 51 funds opened new Quest Diagnostics positions in Q3 2016 and 44 closed out, a net change of +7 holders.
  • The largest Quest Diagnostics buyer in Q3 2016 was OppenheimerFunds, an estimated $48.9M added.
  • The largest Quest Diagnostics seller in Q3 2016 was Macquarie Group, an estimated $837M sold.

Based on aggregated 13F filings for Q3 2016.