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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
First Trust Advisors
26
First Trust Advisors
Illinois
$102M -$5.45M -41,422 -5%
California Public Employees Retirement System
27
California Public Employees Retirement System
California
$97.8M -$983K -7,477 -1%
HSBC Holdings
28
HSBC Holdings
United Kingdom
$94.5M -$2.47M -18,778 -3%
Charles Schwab
29
Charles Schwab
California
$91.5M +$2.25M +17,085 +3%
AllianceBernstein
30
AllianceBernstein
Tennessee
$87.7M -$28.1M -214,000 -25%
Nordea Investment Management
31
Nordea Investment Management
Sweden
$84.7M -$50.7M -385,484 -39%
NI
32
Nuance Investments
Missouri
$83.1M +$79.2M +602,484 New
Pictet Asset Management
33
Pictet Asset Management
Switzerland
$76.8M -$53.8M -408,984 -42%
CCM
34
Causeway Capital Management
California
$67.9M +$396K +3,013 +0.6%
Goldman Sachs
35
Goldman Sachs
New York
$67.9M -$16M -121,550 -20%
Renaissance Technologies
36
Renaissance Technologies
New York
$67.2M -$6.6M -50,200 -9%
Robeco Institutional Asset Management
37
Robeco Institutional Asset Management
Netherlands
$63.3M -$6.11M -46,481 -9%
Deutsche Bank
38
Deutsche Bank
Germany
$62.1M -$9.26M -70,472 -14%
Amundi
39
Amundi
France
$59.9M +$2.42M +18,417 +5%
Macquarie Group
40
Macquarie Group
Australia
$55.9M -$2.29M -17,427 -4%
Aberdeen Group
41
Aberdeen Group
United Kingdom
$55.3M +$6.09M +46,288 +13%
Canada Life
42
Canada Life
Manitoba, Canada
$54.1M -$13.8M -105,345 -21%
Barclays
43
Barclays
United Kingdom
$52.6M +$17.8M +135,687 +55%
MGIM
44
M&G Investment Management
United Kingdom
$51.8M -$2.66M -20,224 -5%
Alyeska Investment Group
45
Alyeska Investment Group
Illinois
$51.7M +$49.3M +375,000 New
LSV Asset Management
46
LSV Asset Management
Illinois
$51.7M -$79.6M -605,652 -62%
BNP Paribas Financial Markets
47
BNP Paribas Financial Markets
France
$49.5M +$28.8M +219,187 +157%
UBS Group
48
UBS Group
Switzerland
$48.5M -$3.56M -27,066 -7%
Swiss National Bank
49
Swiss National Bank
Switzerland
$48.4M -$1.22M -9,300 -3%
VOYA Investment Management
50
VOYA Investment Management
Georgia
$47.9M -$1.71M -12,980 -4%

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.