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Quest Diagnostics

614 hedge funds and large institutions have $12.1B invested in Quest Diagnostics in 2017 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 197 increasing their positions, 230 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more call options, than puts

Call options by funds: $18.2M | Put options by funds: $10.1M

47% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 51

7% more capital invested

Capital invested by funds: $11.2B → $12.1B (+$808M)

3% more funds holding

Funds holding: 598614 (+16)

1% more ownership

Funds ownership: 88.35%89.35% (+1%)

14% less repeat investments, than reductions

Existing positions increased: 197 | Existing positions reduced: 230

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

Holders
614
Holders Change
+16
Holders Change %
+2.68%
% of All Funds
15.29%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.07%
New
75
Increased
197
Reduced
230
Closed
51
Calls
$18.2M
Puts
$10.1M
Net Calls
+$8.1M
Net Calls Change
-$2.06M
Name Holding Trade Value Shares
Change
Change in
Stake
California Public Employees Retirement System
51
California Public Employees Retirement System
California
$37.4M -$2.15M -22,600 -6%
Two Sigma Investments
52
Two Sigma Investments
New York
$36.3M +$29.1M +305,471 +475%
Wellington Management Group
53
Wellington Management Group
Massachusetts
$36.3M +$15.3M +160,723 +77%
Canada Life
54
Canada Life
Manitoba, Canada
$34.9M -$545K -5,713 -2%
Lord, Abbett & Co
55
Lord, Abbett & Co
New Jersey
$34.5M +$2.15M +22,600 +7%
PCM
56
Polaris Capital Management
Massachusetts
$33.9M +$66.7K +700 +0.2%
Mitsubishi UFJ Trust & Banking
57
Mitsubishi UFJ Trust & Banking
Japan
$32.2M +$1.25M +13,077 +4%
RhumbLine Advisers
58
RhumbLine Advisers
Massachusetts
$32.2M -$774K -8,116 -2%
SCP
59
Seizert Capital Partners
Michigan
$31.5M +$30.6M +320,630 New
Federated Hermes
60
Federated Hermes
Pennsylvania
$31.4M +$30.2M +316,571 +10,901%
Two Sigma Advisers
61
Two Sigma Advisers
New York
$30.5M +$25M +262,300 +547%
Canada Pension Plan Investment Board
62
Canada Pension Plan Investment Board
Ontario, Canada
$30.4M -$7.54M -79,052 -20%
AT
63
AMF Tjänstepension
Sweden
$29.2M -$470K -4,927 -2%
Bank of Montreal
64
Bank of Montreal
Ontario, Canada
$28.7M +$829K +8,700 +3%
PPA
65
Parametric Portfolio Associates
Washington
$28.5M -$20.2M -211,652 -42%
California State Teachers Retirement System (CalSTRS)
66
California State Teachers Retirement System (CalSTRS)
California
$28.5M -$1.24M -13,000 -4%
T. Rowe Price Associates
67
T. Rowe Price Associates
Maryland
$28.1M -$504K -5,287 -2%
First Trust Advisors
68
First Trust Advisors
Illinois
$28.1M -$7.35M -77,112 -21%
NIPH
69
NN Investment Partners Holdings
Netherlands
$27.6M -$5.18M -54,345 -16%
CS
70
Credit Suisse
Switzerland
$27.5M +$39K +409 +0.1%
Principal Financial Group
71
Principal Financial Group
Iowa
$27.1M +$3M +31,464 +13%
CCMG
72
Clark Capital Management Group
Pennsylvania
$23.9M +$23.2M +243,700 New
Robeco Institutional Asset Management
73
Robeco Institutional Asset Management
Netherlands
$23.9M +$7.48M +78,431 +47%
TG
74
TCW Group
California
$23.9M -$8.27M -86,776 -26%
New York State Teachers Retirement System (NYSTRS)
75
New York State Teachers Retirement System (NYSTRS)
New York
$23.5M +$174K +1,829 +0.8%

DGX Hedge Fund Activity: Q1 2017 in Review

614 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Quest Diagnostics (DGX) for Q1 2017, worth a combined $12.1B — up 7.2% from $11.2B a quarter earlier.

Buyers outnumbered sellers: 75 funds opened new DGX positions and 51 closed out — a net gain of 24 holders — while 197 added to existing stakes and 230 trimmed.

The largest buyer was BlackRock, adding an estimated $1.41B. The largest seller was HealthCor Management, cutting an estimated $99.7M.

  • 614 institutional investors held Quest Diagnostics (DGX) as of Q1 2017, up from 598 in Q4 2016.
  • Funds reported $12.1B of Quest Diagnostics stock for Q1 2017, up 7.2% quarter-over-quarter.
  • 75 funds opened new Quest Diagnostics positions in Q1 2017 and 51 closed out, a net change of +24 holders.
  • The largest Quest Diagnostics buyer in Q1 2017 was BlackRock, an estimated $1.41B added.
  • The largest Quest Diagnostics seller in Q1 2017 was HealthCor Management, an estimated $99.7M sold.

Based on aggregated 13F filings for Q1 2017.