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Quest Diagnostics

491 hedge funds and large institutions have $8.54B invested in Quest Diagnostics in 2014 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 172 increasing their positions, 171 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more first-time investments, than exits

New positions opened: 83 | Existing positions closed: 39

100% more funds holding in top 10

Funds holding in top 10: 36 (+3)

8% more funds holding

Funds holding: 455491 (+36)

6% more capital invested

Capital invested by funds: $8.05B → $8.54B (+$491M)

1.35% more ownership

Funds ownership: 103.39%104.75% (+1.4%)

1% more repeat investments, than reductions

Existing positions increased: 172 | Existing positions reduced: 171

65% less call options, than puts

Call options by funds: $114M | Put options by funds: $325M

Holders
491
Holders Change
+36
Holders Change %
+7.91%
% of All Funds
14.18%
Holding in Top 10
6
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+100%
% of All Funds
0.17%
New
83
Increased
172
Reduced
171
Closed
39
Calls
$114M
Puts
$325M
Net Calls
-$211M
Net Calls Change
-$44.7M
Name Holding Trade Value Shares
Change
Change in
Stake
ST
476
SpiderRock Trading
Illinois
$11K
Envestnet Asset Management
477
Envestnet Asset Management
Illinois
$9K +$6K +112 +303%
AW
478
Alpha Windward
Massachusetts
$7K -$392K -7,320 -98%
HCC
479
Hirtle Callaghan & Co
Pennsylvania
$7K
LNB
480
Ledyard National Bank
$7K +$6.65K +124 New
AII
481
AGF Investments Inc
Ontario, Canada
$6K
JIC
482
Joel Isaacson & Co
New York
$6K
LWM
483
Lenox Wealth Management
Ohio
$6K
FAM
484
Formidable Asset Management
Ohio
$5K
S
485
SignatureFD
Georgia
$5K
SMA
486
Simply Money Advisors
Ohio
$5K +$54 +1 +1%
TFO
487
Tarbox Family Office
California
$5K +$750 +14 +18%
DBT
488
Dubuque Bank & Trust
Iowa
$4K +$3.59K +67 New
WA
489
Waverly Advisors
Alabama
$4K +$3.91K +73 New
Bessemer Group
490
Bessemer Group
New Jersey
$3K -$42.2M -787,715 -100%
GAM
491
Gemmer Asset Management
California
$3K +$2.73K +51 New
TWA
492
TCI Wealth Advisors
Arizona
$1K +$375 +7 New
Harris Associates
493
Harris Associates
Illinois
-$229M -4,268,300 Closed
PCM
494
Pennant Capital Management
New Jersey
-$12.7M -237,778 Closed
SCM
495
Stevens Capital Management
Pennsylvania
-$10M -187,508 Closed
Lord, Abbett & Co
496
Lord, Abbett & Co
New Jersey
-$7.16M -133,800 Closed
Millennium Management
497
Millennium Management
New York
-$5.54M -103,409 Closed
NCCM
498
Nine Chapters Capital Management
New Jersey
-$3.1M -58,000 Closed
Jennison Associates
499
Jennison Associates
New York
-$2.95M -55,037 Closed
Bank of Nova Scotia
500
Bank of Nova Scotia
Ontario, Canada
-$2.79M -52,074 Closed

DGX Hedge Fund Activity: Q1 2014 in Review

491 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Quest Diagnostics (DGX) for Q1 2014, worth a combined $8.54B — up 6.1% from $8.05B a quarter earlier.

Buyers outnumbered sellers: 83 funds opened new DGX positions and 39 closed out — a net gain of 44 holders — while 172 added to existing stakes and 171 trimmed.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $196M. The largest seller was Capital World Investors, cutting an estimated $281M.

  • 491 institutional investors held Quest Diagnostics (DGX) as of Q1 2014, up from 455 in Q4 2013.
  • Funds reported $8.54B of Quest Diagnostics stock for Q1 2014, up 6.1% quarter-over-quarter.
  • 83 funds opened new Quest Diagnostics positions in Q1 2014 and 39 closed out, a net change of +44 holders.
  • The largest Quest Diagnostics buyer in Q1 2014 was Manulife (Manufacturers Life Insurance), an estimated $196M added.
  • The largest Quest Diagnostics seller in Q1 2014 was Capital World Investors, an estimated $281M sold.

Based on aggregated 13F filings for Q1 2014.