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Quest Diagnostics

905 hedge funds and large institutions have $18B invested in Quest Diagnostics in 2021 Q4 according to their latest regulatory filings, with 152 funds opening new positions, 275 increasing their positions, 327 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

167% more funds holding in top 10

Funds holding in top 10: 38 (+5)

133% more call options, than puts

Call options by funds: $177M | Put options by funds: $76.3M

120% more first-time investments, than exits

New positions opened: 152 | Existing positions closed: 69

14% more capital invested

Capital invested by funds: $15.9B → $18B (+$2.17B)

8% more funds holding

Funds holding: 837905 (+68)

4.03% less ownership

Funds ownership: 89.64%85.62% (-4%)

16% less repeat investments, than reductions

Existing positions increased: 275 | Existing positions reduced: 327

Holders
905
Holders Change
+68
Holders Change %
+8.12%
% of All Funds
13.93%
Holding in Top 10
8
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+166.67%
% of All Funds
0.12%
New
152
Increased
275
Reduced
327
Closed
69
Calls
$177M
Puts
$76.3M
Net Calls
+$101M
Net Calls Change
+$98M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.31B +$14M +92,228 +0.7%
BlackRock
2
BlackRock
New York
$2.01B +$1.69M +11,137 +0.1%
State Street
3
State Street
Massachusetts
$1.08B +$21.9M +144,251 +2%
Bank of America
4
Bank of America
North Carolina
$559M +$9.82M +64,550 +2%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$442M +$4.46M +29,288 +1%
Victory Capital Management
6
Victory Capital Management
Texas
$441M -$43.7M -287,409 -10%
FMI
7
Fiduciary Management Inc
Wisconsin
$413M -$152M -1,000,656 -30%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$378M +$4.55M +29,895 +1%
DSA
9
Davis Selected Advisers
Arizona
$347M -$112M -736,328 -27%
American Century Companies
10
American Century Companies
Missouri
$341M -$98.9M -649,714 -25%
Massachusetts Financial Services
11
Massachusetts Financial Services
Massachusetts
$331M +$1.46M +9,580 +0.5%
Grantham, Mayo, Van Otterloo & Co (GMO)
12
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$308M +$847K +5,569 +0.3%
Amundi
13
Amundi
France
$261M -$4.59M -30,184 -2%
Northern Trust
14
Northern Trust
Illinois
$261M +$5.93M +38,994 +3%
Invesco
15
Invesco
Georgia
$251M +$88.1M +578,810 +66%
LSV Asset Management
16
LSV Asset Management
Illinois
$237M +$16.6M +109,230 +9%
Janus Henderson Group
17
Janus Henderson Group
United Kingdom
$230M -$27.1M -177,913 -12%
Renaissance Technologies
18
Renaissance Technologies
New York
$228M +$53.3M +350,400 +36%
Morgan Stanley
19
Morgan Stanley
New York
$226M -$10.9M -71,579 -5%
PAMS
20
Pictet Asset Management (Switzerland)
Switzerland
$223M -$408K -2,679 -0.2%
Norges Bank
21
Norges Bank
Norway
$212M +$10.4M +68,323 +6%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$204M -$4.26M -28,009 -2%
Legal & General Group
23
Legal & General Group
United Kingdom
$186M -$8.53M -56,093 -5%
California Public Employees Retirement System
24
California Public Employees Retirement System
California
$162M -$11.9M -78,283 -8%
UBS AM
25
UBS AM
Illinois
$141M -$9.19M -60,411 -7%

DGX Hedge Fund Activity: Q4 2021 in Review

905 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Quest Diagnostics (DGX) for Q4 2021, worth a combined $18B — up 14% from $15.9B a quarter earlier.

Buyers outnumbered sellers: 152 funds opened new DGX positions and 69 closed out — a net gain of 83 holders — while 275 added to existing stakes and 327 trimmed.

The largest buyer was Invesco, adding an estimated $88.1M. The largest seller was First Trust Advisors, cutting an estimated $197M.

  • 905 institutional investors held Quest Diagnostics (DGX) as of Q4 2021, up from 837 in Q3 2021.
  • Funds reported $18B of Quest Diagnostics stock for Q4 2021, up 14% quarter-over-quarter.
  • 152 funds opened new Quest Diagnostics positions in Q4 2021 and 69 closed out, a net change of +83 holders.
  • The largest Quest Diagnostics buyer in Q4 2021 was Invesco, an estimated $88.1M added.
  • The largest Quest Diagnostics seller in Q4 2021 was First Trust Advisors, an estimated $197M sold.

Based on aggregated 13F filings for Q4 2021.