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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
New York State Common Retirement Fund
76
New York State Common Retirement Fund
New York
$23.3M -$1.42M -10,816 -6%
Marshall Wace
77
Marshall Wace
United Kingdom
$23.2M +$21.9M +166,348 +8,363%
Envestnet Asset Management
78
Envestnet Asset Management
Illinois
$22.1M -$455K -3,463 -2%
CCM
79
Check Capital Management
California
$20.6M -$2.44M -18,578 -11%
RJA
80
Raymond James & Associates
Florida
$20.4M +$9.9M +75,315 +103%
Point72 Asset Management
81
Point72 Asset Management
Connecticut
$19.6M +$18.7M +142,369 New
SAM
82
Storebrand Asset Management
Norway
$19.2M -$584K -4,442 -3%
WIC
83
Willis Investment Counsel
Georgia
$18.8M -$65.7K -500 -0.4%
Manulife (Manufacturers Life Insurance)
84
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$18.6M +$975K +7,415 +6%
State Board of Administration of Florida Retirement System
85
State Board of Administration of Florida Retirement System
Florida
$18.4M -$3.55M -26,983 -17%
Skandinaviska Enskilda Banken (SEB)
86
Skandinaviska Enskilda Banken (SEB)
Sweden
$17.8M -$1.04M -7,908 -6%
TAM
87
Tocqueville Asset Management
New York
$17.5M -$665K -5,055 -4%
BCM
88
Becker Capital Management
Oregon
$17.2M -$164K -1,248 -1%
TAM
89
Trillium Asset Management
Massachusetts
$16.8M +$679K +5,166 +4%
Citigroup
90
Citigroup
New York
$16.8M +$24.7K +188 +0.2%
Mitsubishi UFJ Asset Management
91
Mitsubishi UFJ Asset Management
Japan
$15.7M +$18.1K +138 +0.1%
JWM
92
JGP Wealth Management
Oregon
$15.3M +$380K +2,892 +3%
BNP Paribas Asset Management
93
BNP Paribas Asset Management
France
$15.3M -$5.98M -45,519 -29%
Aviva
94
Aviva
United Kingdom
$15.1M -$8.04M -61,160 -36%
Adage Capital Partners
95
Adage Capital Partners
Massachusetts
$15.1M -$316K -2,400 -2%
OSAM
96
O'Shaughnessy Asset Management
Connecticut
$14.8M -$2.15M -16,345 -13%
GT
97
Glenmede Trust
Pennsylvania
$14.8M -$14.5K -110 -0.1%
New York State Teachers Retirement System (NYSTRS)
98
New York State Teachers Retirement System (NYSTRS)
New York
$14.4M -$658K -5,004 -5%
National Bank of Canada
99
National Bank of Canada
Quebec, Canada
$14.4M +$9.32M +70,922 +226%
CS
100
Candriam SCA
Luxembourg
$14.2M -$2.22M -16,875 -14%

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.