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Quest Diagnostics

496 hedge funds and large institutions have $8.72B invested in Quest Diagnostics in 2014 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 174 increasing their positions, 176 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

49% more call options, than puts

Call options by funds: $160M | Put options by funds: $108M

20% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 45

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

1% more funds holding

Funds holding: 491496 (+5)

2% more capital invested

Capital invested by funds: $8.54B → $8.72B (+$185M)

1% less repeat investments, than reductions

Existing positions increased: 174 | Existing positions reduced: 176

1.91% less ownership

Funds ownership: 104.75%102.83% (-1.9%)

Holders
496
Holders Change
+5
Holders Change %
+1.02%
% of All Funds
14.26%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.2%
New
54
Increased
174
Reduced
176
Closed
45
Calls
$160M
Puts
$108M
Net Calls
+$52.2M
Net Calls Change
+$263M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$610M +$14.1M +240,992 +2%
Macquarie Group
2
Macquarie Group
Australia
$446M +$1.75M +29,865 +0.4%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$412M -$53.3M -910,131 -11%
State Street
4
State Street
Massachusetts
$372M -$2.01M -34,405 -0.5%
Bank of America
5
Bank of America
North Carolina
$355M +$341M +5,826,649 +2,593%
American Century Companies
6
American Century Companies
Missouri
$316M +$27.6M +470,982 +10%
Capital International Investors
7
Capital International Investors
California
$285M
DSA
8
Davis Selected Advisers
Arizona
$274M +$268M +4,570,344 +4,466%
BA
9
BlackRock Advisors
Delaware
$249M +$34.3M +585,940 +16%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$242M -$53.5M -912,799 -18%
BIT
11
BlackRock Institutional Trust
California
$241M +$1.34M +22,871 +0.6%
Boston Partners
12
Boston Partners
Massachusetts
$190M -$36.5M -623,716 -16%
FC
13
Fairpointe Capital
Illinois
$167M +$15.2M +259,700 +10%
Manulife (Manufacturers Life Insurance)
14
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$165M -$58M -989,990 -26%
BFA
15
BlackRock Fund Advisors
California
$153M +$6.44M +109,993 +4%
Norges Bank
16
Norges Bank
Norway
$149M +$74.1M +1,265,259 +100%
Hotchkis & Wiley Capital Management
17
Hotchkis & Wiley Capital Management
California
$148M +$1.63M +27,900 +1%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$147M +$3.55M +60,639 +2%
Schroder Investment Management Group
19
Schroder Investment Management Group
United Kingdom
$131M +$638K +10,900 +0.5%
RRAM
20
River Road Asset Management
Kentucky
$111M +$14.7M +250,223 +15%
Northern Trust
21
Northern Trust
Illinois
$108M -$2.84M -48,443 -3%
Massachusetts Financial Services
22
Massachusetts Financial Services
Massachusetts
$91.8M -$164M -2,805,369 -64%
BG
23
BlackRock Group
United Kingdom
$89.1M +$13.5M +230,320 +18%
ACA
24
Anchor Capital Advisors
Massachusetts
$86.7M +$10.1M +173,302 +13%
Franklin Resources
25
Franklin Resources
California
$81.9M -$13.1M -222,895 -14%

DGX Hedge Fund Activity: Q2 2014 in Review

496 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Quest Diagnostics (DGX) for Q2 2014, worth a combined $8.72B — up 2.2% from $8.54B a quarter earlier.

Buyers outnumbered sellers: 54 funds opened new DGX positions and 45 closed out — a net gain of 9 holders — while 174 added to existing stakes and 176 trimmed.

The largest buyer was Bank of America, adding an estimated $341M. The largest seller was Aberdeen Asset Management, cutting an estimated $386M.

  • 496 institutional investors held Quest Diagnostics (DGX) as of Q2 2014, up from 491 in Q1 2014.
  • Funds reported $8.72B of Quest Diagnostics stock for Q2 2014, up 2.2% quarter-over-quarter.
  • 54 funds opened new Quest Diagnostics positions in Q2 2014 and 45 closed out, a net change of +9 holders.
  • The largest Quest Diagnostics buyer in Q2 2014 was Bank of America, an estimated $341M added.
  • The largest Quest Diagnostics seller in Q2 2014 was Aberdeen Asset Management, an estimated $386M sold.

Based on aggregated 13F filings for Q2 2014.