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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
N
51
Nuveen
North Carolina
$47.3M -$4.05M -30,802 -8%
Pathstone Holdings
52
Pathstone Holdings
New Jersey
$46.3M +$44.2M +336,100 New
Sumitomo Mitsui Trust Group
53
Sumitomo Mitsui Trust Group
Japan
$42.3M -$302K -2,297 -0.7%
RhumbLine Advisers
54
RhumbLine Advisers
Massachusetts
$39M -$889K -6,764 -2%
DZ Bank
55
DZ Bank
Germany
$35.8M +$664K +5,051 +2%
APG Asset Management
56
APG Asset Management
Netherlands
$35.6M +$1.15M +8,738 +3%
CS
57
Credit Suisse
Switzerland
$35.3M -$1.79M -13,629 -5%
Principal Financial Group
58
Principal Financial Group
Iowa
$35.1M +$14.8M +112,582 +79%
Bank of Montreal
59
Bank of Montreal
Ontario, Canada
$35M +$1.29M +9,806 +4%
SEI Investments
60
SEI Investments
Pennsylvania
$33.9M +$248K +1,886 +0.8%
WCM
61
Wedge Capital Management
North Carolina
$33.1M -$1.32M -10,034 -4%
Allianz Asset Management
62
Allianz Asset Management
Germany
$33M +$695K +5,285 +2%
Royal Bank of Canada
63
Royal Bank of Canada
Ontario, Canada
$31.5M +$13.1M +99,993 +77%
ACM
64
Advisors Capital Management
New Jersey
$31.3M +$24.1M +183,619 +420%
AAMU
65
AEGON Asset Management (UK)
United Kingdom
$30.9M +$29.4M +223,934 New
BG
66
Bahl & Gaynor
Ohio
$29.4M +$3.87M +29,469 +16%
National Pension Service
67
National Pension Service
South Korea
$28.8M
HA
68
Heartland Advisors
Wisconsin
$28.7M +$7.36M +55,995 +37%
BA
69
Bridgewater Associates
Connecticut
$27.8M -$5.84M -44,452 -18%
Citadel Advisors
70
Citadel Advisors
Florida
$27.8M +$16.7M +126,775 +170%
CCM
71
Copeland Capital Management
Pennsylvania
$26.3M -$1.28M -9,762 -5%
Mitsubishi UFJ Trust & Banking
72
Mitsubishi UFJ Trust & Banking
Japan
$25.7M +$526 +4 +0%
RPI
73
Railway Pension Investments
United Kingdom
$24.6M -$14.7M -112,000 -39%
California State Teachers Retirement System (CalSTRS)
74
California State Teachers Retirement System (CalSTRS)
California
$24.4M +$276K +2,101 +1%
Millennium Management
75
Millennium Management
New York
$24.2M -$20.6M -156,949 -47%

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.