QuidelOrtho
QDEL
304 hedge funds and large institutions have $4.7B invested in QuidelOrtho in 2023 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 81 increasing their positions, 134 reducing their positions, and 44 closing their positions.
399% more call options, than puts
Call options by funds: $180M | Put options by funds: $36M
1.45% more ownership
Funds ownership: 94.98% → 96.43% (+1.4%)
3% less funds holding
Funds holding: 313 → 304 (-9)
10% less capital invested
Capital invested by funds: $5.24B → $4.7B (-$537M)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
18% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 44
40% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 134
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$44M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$40.3M |
| 3 |
ClearBridge Investments
New York
|
+$35.2M |
| 4 |
Millennium Management
New York
|
+$31.7M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$26.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$76.3M |
| 2 |
FAM
Fred Alger Management
New York
|
-$48M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$26.1M |
| 4 |
BlackRock
New York
|
-$14.8M |
| 5 |
AssetMark Inc
Concord,
California
|
-$12.8M |
QDEL Hedge Fund Activity: Q3 2023 in Review
304 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in QuidelOrtho (QDEL) for Q3 2023, worth a combined $4.7B — down 10% from $5.24B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of QDEL and 36 opened new positions — a net loss of 8 holders — while 134 trimmed existing stakes and 81 added.
The largest buyer was Burgundy Asset Management, adding an estimated $44M. The largest seller was Alyeska Investment Group, cutting an estimated $76.3M.
- 304 institutional investors held QuidelOrtho (QDEL) as of Q3 2023, down from 313 in Q2 2023.
- Funds reported $4.7B of QuidelOrtho stock for Q3 2023, down 10% quarter-over-quarter.
- 36 funds opened new QuidelOrtho positions in Q3 2023 and 44 closed out, a net change of -8 holders.
- The largest QuidelOrtho buyer in Q3 2023 was Burgundy Asset Management, an estimated $44M added.
- The largest QuidelOrtho seller in Q3 2023 was Alyeska Investment Group, an estimated $76.3M sold.
Based on aggregated 13F filings for Q3 2023.