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Quest Diagnostics

652 hedge funds and large institutions have $12B invested in Quest Diagnostics in 2018 Q1 according to their latest regulatory filings, with 81 funds opening new positions, 173 increasing their positions, 270 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more first-time investments, than exits

New positions opened: 81 | Existing positions closed: 52

3% more funds holding

Funds holding: 631652 (+21)

2% more capital invested

Capital invested by funds: $11.8B → $12B (+$223M)

0.38% more ownership

Funds ownership: 88.28%88.67% (+0.38%)

3% less call options, than puts

Call options by funds: $35.6M | Put options by funds: $36.9M

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

36% less repeat investments, than reductions

Existing positions increased: 173 | Existing positions reduced: 270

Holders
652
Holders Change
+21
Holders Change %
+3.33%
% of All Funds
14.94%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
81
Increased
173
Reduced
270
Closed
52
Calls
$35.6M
Puts
$36.9M
Net Calls
-$1.26M
Net Calls Change
-$12.5M
Name Holding Trade Value Shares
Change
Change in
Stake
FC
26
Fairpointe Capital
Illinois
$90.2M -$172K -1,683 -0.2%
Alyeska Investment Group
27
Alyeska Investment Group
Illinois
$86.4M +$88.2M +861,639 New
Legal & General Group
28
Legal & General Group
United Kingdom
$80.8M -$479K -4,673 -0.6%
LSV Asset Management
29
LSV Asset Management
Illinois
$74M -$43.5M -424,945 -37%
Deutsche Bank
30
Deutsche Bank
Germany
$71.2M -$19.2M -187,267 -21%
Two Sigma Advisers
31
Two Sigma Advisers
New York
$71M +$23.4M +228,075 +48%
O
32
OppenheimerFunds
New York
$70.4M -$555K -5,415 -0.8%
Massachusetts Financial Services
33
Massachusetts Financial Services
Massachusetts
$61.4M +$895K +8,736 +1%
Morgan Stanley
34
Morgan Stanley
New York
$61.4M -$57.1M -557,036 -48%
Russell Investments Group
35
Russell Investments Group
United Kingdom
$61.1M -$5.8M -56,598 -9%
Janus Henderson Group
36
Janus Henderson Group
United Kingdom
$60.6M -$84.7M -827,231 -58%
PCM
37
Polaris Capital Management
Massachusetts
$57.8M +$18.2M +177,600 +45%
UBS AM
38
UBS AM
Illinois
$56M +$6.84M +66,799 +14%
Balyasny Asset Management
39
Balyasny Asset Management
Illinois
$54.3M +$15M +146,439 +37%
Charles Schwab
40
Charles Schwab
California
$53.1M +$1.11M +10,873 +2%
Citadel Advisors
41
Citadel Advisors
Florida
$53.1M +$28.1M +273,899 +107%
Schroder Investment Management Group
42
Schroder Investment Management Group
United Kingdom
$52.1M -$1.69M -16,497 -3%
Swiss National Bank
43
Swiss National Bank
Switzerland
$51.9M -$5.94M -58,000 -10%
PI
44
PGGM Investments
Netherlands
$50.7M
Two Sigma Investments
45
Two Sigma Investments
New York
$50.3M +$42.4M +414,150 +473%
GC
46
Guggenheim Capital
Illinois
$47.4M -$3.27M -31,903 -6%
PPA
47
Parametric Portfolio Associates
Washington
$44.9M +$1.01M +9,903 +2%
California Public Employees Retirement System
48
California Public Employees Retirement System
California
$44.4M +$6M +58,609 +15%
Principal Financial Group
49
Principal Financial Group
Iowa
$43.7M +$8.39M +81,936 +23%
New York State Common Retirement Fund
50
New York State Common Retirement Fund
New York
$41.6M -$8.42M -82,195 -17%

DGX Hedge Fund Activity: Q1 2018 in Review

652 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Quest Diagnostics (DGX) for Q1 2018, worth a combined $12B — up 1.9% from $11.8B a quarter earlier.

Buyers outnumbered sellers: 81 funds opened new DGX positions and 52 closed out — a net gain of 29 holders — while 173 added to existing stakes and 270 trimmed.

The largest buyer was Fiduciary Management Inc, adding an estimated $163M. The largest seller was Janus Henderson Group, cutting an estimated $84.7M.

  • 652 institutional investors held Quest Diagnostics (DGX) as of Q1 2018, up from 631 in Q4 2017.
  • Funds reported $12B of Quest Diagnostics stock for Q1 2018, up 1.9% quarter-over-quarter.
  • 81 funds opened new Quest Diagnostics positions in Q1 2018 and 52 closed out, a net change of +29 holders.
  • The largest Quest Diagnostics buyer in Q1 2018 was Fiduciary Management Inc, an estimated $163M added.
  • The largest Quest Diagnostics seller in Q1 2018 was Janus Henderson Group, an estimated $84.7M sold.

Based on aggregated 13F filings for Q1 2018.