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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
Bank of America
101
Bank of America
North Carolina
$13M -$172M -3,209,852 -93%
RhumbLine Advisers
102
RhumbLine Advisers
Massachusetts
$12.3M -$408K -7,613 -3%
TRSOTSOK
103
Teachers Retirement System of the State of Kentucky
Kentucky
$11.8M +$9.54M +178,020 +690%
LI
104
LMCG Investments
Massachusetts
$11.4M +$627K +11,695 +6%
MNA
105
Manning & Napier Advisors
New York
$11.1M +$10.3M +191,490 New
MTB
106
Mizuho Trust & Banking
Japan
$11.1M -$1.21M -22,535 -11%
IGIM
107
I.G. Investment Management
Manitoba, Canada
$11M +$3.21M +59,878 +46%
RA
108
Royce & Associates
New York
$10.9M +$938K +17,500 +10%
Principal Financial Group
109
Principal Financial Group
Iowa
$10.8M -$180K -3,352 -2%
BJ
110
BlackRock Japan
Japan
$10.6M -$436K -8,132 -4%
TAM
111
Todd Asset Management
Kentucky
$10.5M +$9.75M +181,968 New
Federated Hermes
112
Federated Hermes
Pennsylvania
$10.4M +$1.18M +22,082 +14%
JP Morgan Chase
113
JP Morgan Chase
New York
$9.93M -$36.8M -686,000 -80%
Allianz Asset Management
114
Allianz Asset Management
Germany
$9.81M +$14.5K +270 +0.2%
SOMRS
115
State of Michigan Retirement System
Michigan
$9.68M -$10.7K -200 -0.1%
Capital Fund Management (CFM)
116
Capital Fund Management (CFM)
France
$9.54M +$8.61M +160,571 +3,945%
BNP Paribas Asset Management
117
BNP Paribas Asset Management
France
$9.38M +$5.94M +110,879 +217%
SRC
118
Shufro Rose & Co
New York
$9.09M -$80.9K -1,510 -1%
HSBC Holdings
119
HSBC Holdings
United Kingdom
$9.06M +$2.59M +48,382 +45%
U
120
UBS
Switzerland
$8.71M -$4.79M -89,370 -37%
CII
121
CR Intrinsic Investors
Connecticut
$8.69M +$8.04M +150,000 New
CIC
122
Crawford Investment Counsel
Georgia
$8.43M +$1.55M +28,970 +25%
Barclays
123
Barclays
United Kingdom
$8.22M -$5.99M -111,821 -44%
TD Asset Management
124
TD Asset Management
Ontario, Canada
$8.19M +$943K +17,590 +14%
Swiss National Bank
125
Swiss National Bank
Switzerland
$8.18M -$1.11M -20,700 -13%

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.