QuidelOrtho
QDEL
270 hedge funds and large institutions have $3.12B invested in QuidelOrtho in 2024 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 86 increasing their positions, 96 reducing their positions, and 71 closing their positions.
201% more call options, than puts
Call options by funds: $24.8M | Put options by funds: $8.27M
2.52% less ownership
Funds ownership: 99.66% → 97.14% (-2.5%)
10% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 96
11% less funds holding
Funds holding: 305 → 270 (-35)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
37% less capital invested
Capital invested by funds: $4.91B → $3.12B (-$1.79B)
44% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$82.8M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
+$79.1M |
| 3 |
JPM
JANA Partners Management
New York
|
+$69.7M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$58.4M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
+$32.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
-$221M |
| 2 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$54.1M |
| 3 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$37.1M |
| 4 |
SCM
Stonepine Capital Management
Bend,
Oregon
|
-$33.2M |
| 5 |
Lazard Asset Management
New York
|
-$32.9M |
QDEL Hedge Fund Activity: Q1 2024 in Review
270 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in QuidelOrtho (QDEL) for Q1 2024, worth a combined $3.12B — down 37% from $4.91B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of QDEL and 40 opened new positions — a net loss of 31 holders — while 96 trimmed existing stakes and 86 added.
The largest buyer was Rubric Capital Management (New York), adding an estimated $82.8M. The largest seller was Senvest Management, exiting entirely with an estimated $221M sold.
- 270 institutional investors held QuidelOrtho (QDEL) as of Q1 2024, down from 305 in Q4 2023.
- Funds reported $3.12B of QuidelOrtho stock for Q1 2024, down 37% quarter-over-quarter.
- 40 funds opened new QuidelOrtho positions in Q1 2024 and 71 closed out, a net change of -31 holders.
- The largest QuidelOrtho buyer in Q1 2024 was Rubric Capital Management (New York), an estimated $82.8M added.
- The largest QuidelOrtho seller in Q1 2024 was Senvest Management, an estimated $221M sold.
Based on aggregated 13F filings for Q1 2024.