QuidelOrtho
QDEL
155 hedge funds and large institutions have $2.27B invested in QuidelOrtho in 2019 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 64 increasing their positions, 52 reducing their positions, and 32 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 52
1.2% more ownership
Funds ownership: 94.72% → 95.92% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7% less capital invested
Capital invested by funds: $2.45B → $2.27B (-$181M)
13% less funds holding
Funds holding: 179 → 155 (-24)
59% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 32
60% less call options, than puts
Call options by funds: $2.06M | Put options by funds: $5.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
+$29.3M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$15.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$14.3M |
| 5 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMOV
Investment Management of Virginia
Richmond,
Virginia
|
-$10.8M |
| 2 |
Renaissance Technologies
New York
|
-$10.1M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$9.05M |
| 4 |
OIM
Oracle Investment Management
Greenwich,
Connecticut
|
-$7.09M |
| 5 |
D.E. Shaw & Co
New York
|
-$4.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NIT
176
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$90K | -1,400 | Closed |
|
177
Victory Capital Management
San Antonio,
Texas
| – | -$60K | -911 | Closed |
|
|
WAM
178
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$41K | -625 | Closed |
|
|
SL
179
Salomon & Ludwin
Richmond,
Virginia
| – | -$32K | -493 | Closed |
|
|
PCM
180
Prelude Capital Management
New York
| – | -$20K | -304 | Closed |
|
|
OWA
181
One Wealth Advisors
San Francisco,
California
| – | -$15K | -232 | Closed |
|
|
QT
182
Quantamental Technologies
White Plains,
New York
| – | -$3K | -42 | Closed |
|
|
CHP
183
Cable Hill Partners
Portland,
Oregon
| – | -$3K | -40 | Closed |
|
184
Walleye Capital
New York
| – | -$1K | -22 | Closed |
|
|
MNBTD
185
Moody National Bank Trust Division
Galveston,
Texas
| – | -$1K | -20 | Closed |
|
186
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -14 | Closed |
|
QDEL Hedge Fund Activity: Q2 2019 in Review
155 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in QuidelOrtho (QDEL) for Q2 2019, worth a combined $2.27B — down 7.4% from $2.45B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of QDEL and 13 opened new positions — a net loss of 19 holders — while 52 trimmed existing stakes and 64 added.
The largest buyer was Fred Alger Management, adding an estimated $29.3M. The largest seller was Investment Management of Virginia, cutting an estimated $10.8M.
- 155 institutional investors held QuidelOrtho (QDEL) as of Q2 2019, down from 179 in Q1 2019.
- Funds reported $2.27B of QuidelOrtho stock for Q2 2019, down 7.4% quarter-over-quarter.
- 13 funds opened new QuidelOrtho positions in Q2 2019 and 32 closed out, a net change of -19 holders.
- The largest QuidelOrtho buyer in Q2 2019 was Fred Alger Management, an estimated $29.3M added.
- The largest QuidelOrtho seller in Q2 2019 was Investment Management of Virginia, an estimated $10.8M sold.
Based on aggregated 13F filings for Q2 2019.