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Quest Diagnostics

879 hedge funds and large institutions have $15.2B invested in Quest Diagnostics in 2022 Q4 according to their latest regulatory filings, with 136 funds opening new positions, 277 increasing their positions, 309 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

172% more first-time investments, than exits

New positions opened: 136 | Existing positions closed: 50

79% more call options, than puts

Call options by funds: $143M | Put options by funds: $80.1M

21% more capital invested

Capital invested by funds: $12.6B → $15.2B (+$2.6B)

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

9% more funds holding

Funds holding: 808879 (+71)

1.55% less ownership

Funds ownership: 88.52%86.97% (-1.6%)

10% less repeat investments, than reductions

Existing positions increased: 277 | Existing positions reduced: 309

Holders
879
Holders Change
+71
Holders Change %
+8.79%
% of All Funds
14.13%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.11%
New
136
Increased
277
Reduced
309
Closed
50
Calls
$143M
Puts
$80.1M
Net Calls
+$63M
Net Calls Change
+$21.7M
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
26
First Trust Advisors
Illinois
$120M -$18M -125,197 -14%
Bessemer Group
27
Bessemer Group
New Jersey
$116M +$1.18M +8,208 +1%
AllianceBernstein
28
AllianceBernstein
Tennessee
$113M +$14.3M +99,300 +16%
Fidelity Investments
29
Fidelity Investments
Massachusetts
$111M +$51.6M +359,022 +103%
DekaBank Deutsche Girozentrale
30
DekaBank Deutsche Girozentrale
Germany
$103M +$4.13M +28,739 +5%
Charles Schwab
31
Charles Schwab
California
$101M -$3M -20,901 -3%
HSBC Holdings
32
HSBC Holdings
United Kingdom
$96M +$8.72M +60,678 +11%
Deutsche Bank
33
Deutsche Bank
Germany
$89.7M -$2.51M -17,478 -3%
Janus Henderson Group
34
Janus Henderson Group
United Kingdom
$88.6M -$99.1M -689,527 -55%
AQR Capital Management
35
AQR Capital Management
Connecticut
$83.9M -$22.1M -154,127 -22%
Pacer Advisors
36
Pacer Advisors
Pennsylvania
$83.4M +$24.7M +171,663 +47%
Point72 Asset Management
37
Point72 Asset Management
Connecticut
$83.1M +$76.3M +531,198 New
Goldman Sachs
38
Goldman Sachs
New York
$81.2M -$13.8M -95,769 -16%
MGIM
39
M&G Investment Management
United Kingdom
$78.8M +$1.47M +10,263 +2%
Sumitomo Mitsui Trust Group
40
Sumitomo Mitsui Trust Group
Japan
$75.2M -$14.8M -102,816 -18%
Swiss National Bank
41
Swiss National Bank
Switzerland
$74.2M -$4.95M -34,435 -7%
AM
42
AGF Management
Ontario, Canada
$72.3M +$66.4M +462,250 New
Canada Life
43
Canada Life
Manitoba, Canada
$70.1M -$2.54M -17,667 -4%
Westfield Capital Management
44
Westfield Capital Management
Massachusetts
$66.5M +$983K +6,842 +2%
N
45
Nuveen
North Carolina
$57.6M -$2.07M -14,389 -4%
IIM
46
INTECH Investment Management
Florida
$56.4M -$8.53M -59,361 -14%
UBS Group
47
UBS Group
Switzerland
$55.5M +$5.92M +41,175 +13%
Barclays
48
Barclays
United Kingdom
$53.4M +$2.28M +15,885 +5%
OSAM
49
O'Shaughnessy Asset Management
Connecticut
$49.5M -$20.1M -139,953 -31%
APG Asset Management
50
APG Asset Management
Netherlands
$49M +$15M +104,701 +50%

DGX Hedge Fund Activity: Q4 2022 in Review

879 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Quest Diagnostics (DGX) for Q4 2022, worth a combined $15.2B — up 21% from $12.6B a quarter earlier.

Buyers outnumbered sellers: 136 funds opened new DGX positions and 50 closed out — a net gain of 86 holders — while 277 added to existing stakes and 309 trimmed.

The largest buyer was Point72 Asset Management, opening a new position worth an estimated $76.3M. The largest seller was Bank of America, cutting an estimated $209M.

  • 879 institutional investors held Quest Diagnostics (DGX) as of Q4 2022, up from 808 in Q3 2022.
  • Funds reported $15.2B of Quest Diagnostics stock for Q4 2022, up 21% quarter-over-quarter.
  • 136 funds opened new Quest Diagnostics positions in Q4 2022 and 50 closed out, a net change of +86 holders.
  • The largest Quest Diagnostics buyer in Q4 2022 was Point72 Asset Management, an estimated $76.3M added.
  • The largest Quest Diagnostics seller in Q4 2022 was Bank of America, an estimated $209M sold.

Based on aggregated 13F filings for Q4 2022.