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Quest Diagnostics

879 hedge funds and large institutions have $15.2B invested in Quest Diagnostics in 2022 Q4 according to their latest regulatory filings, with 136 funds opening new positions, 277 increasing their positions, 309 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

172% more first-time investments, than exits

New positions opened: 136 | Existing positions closed: 50

79% more call options, than puts

Call options by funds: $143M | Put options by funds: $80.1M

21% more capital invested

Capital invested by funds: $12.6B → $15.2B (+$2.6B)

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

9% more funds holding

Funds holding: 808879 (+71)

1.55% less ownership

Funds ownership: 88.52%86.97% (-1.6%)

10% less repeat investments, than reductions

Existing positions increased: 277 | Existing positions reduced: 309

Holders
879
Holders Change
+71
Holders Change %
+8.79%
% of All Funds
14.13%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.11%
New
136
Increased
277
Reduced
309
Closed
50
Calls
$143M
Puts
$80.1M
Net Calls
+$63M
Net Calls Change
+$21.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.19B -$26.4M -183,563 -1%
BlackRock
2
BlackRock
New York
$1.94B -$44M -306,246 -2%
State Street
3
State Street
Massachusetts
$917M -$17.8M -123,888 -2%
Victory Capital Management
4
Victory Capital Management
Texas
$510M +$5.02M +34,947 +1%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$369M -$11.3M -78,773 -3%
Invesco
6
Invesco
Georgia
$306M +$1.14M +7,906 +0.4%
Morgan Stanley
7
Morgan Stanley
New York
$296M -$8.58M -59,731 -3%
DSA
8
Davis Selected Advisers
Arizona
$287M -$5.08M -35,337 -2%
American Century Companies
9
American Century Companies
Missouri
$263M -$200M -1,390,465 -45%
Northern Trust
10
Northern Trust
Illinois
$239M +$14.7M +102,020 +7%
Grantham, Mayo, Van Otterloo & Co (GMO)
11
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$232M -$31M -215,400 -13%
Bank of America
12
Bank of America
North Carolina
$232M -$209M -1,454,653 -50%
Amundi
13
Amundi
France
$229M +$15.2M +105,471 +8%
T. Rowe Price Associates
14
T. Rowe Price Associates
Maryland
$201M -$58.3M -405,451 -24%
LSV Asset Management
15
LSV Asset Management
Illinois
$194M -$8.11M -56,425 -4%
UBS AM
16
UBS AM
Illinois
$182M -$5.41M -37,662 -3%
PAMS
17
Pictet Asset Management (Switzerland)
Switzerland
$175M -$3.28M -22,811 -2%
Legal & General Group
18
Legal & General Group
United Kingdom
$166M -$11.1M -76,926 -7%
Norges Bank
19
Norges Bank
Norway
$157M +$5.6M +38,967 +4%
Nordea Investment Management
20
Nordea Investment Management
Sweden
$152M +$10.6M +73,655 +8%
Renaissance Technologies
21
Renaissance Technologies
New York
$151M +$13.8M +96,000 +11%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$150M -$25.3M -176,020 -16%
Ameriprise
23
Ameriprise
Minnesota
$146M +$9.37M +65,201 +8%
Robeco Institutional Asset Management
24
Robeco Institutional Asset Management
Netherlands
$128M -$4.8M -33,413 -4%
California Public Employees Retirement System
25
California Public Employees Retirement System
California
$122M -$8.53M -59,353 -7%

DGX Hedge Fund Activity: Q4 2022 in Review

879 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Quest Diagnostics (DGX) for Q4 2022, worth a combined $15.2B — up 21% from $12.6B a quarter earlier.

Buyers outnumbered sellers: 136 funds opened new DGX positions and 50 closed out — a net gain of 86 holders — while 277 added to existing stakes and 309 trimmed.

The largest buyer was Point72 Asset Management, opening a new position worth an estimated $76.3M. The largest seller was Bank of America, cutting an estimated $209M.

  • 879 institutional investors held Quest Diagnostics (DGX) as of Q4 2022, up from 808 in Q3 2022.
  • Funds reported $15.2B of Quest Diagnostics stock for Q4 2022, up 21% quarter-over-quarter.
  • 136 funds opened new Quest Diagnostics positions in Q4 2022 and 50 closed out, a net change of +86 holders.
  • The largest Quest Diagnostics buyer in Q4 2022 was Point72 Asset Management, an estimated $76.3M added.
  • The largest Quest Diagnostics seller in Q4 2022 was Bank of America, an estimated $209M sold.

Based on aggregated 13F filings for Q4 2022.