Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Quest Diagnostics Inc (DGX)

1K + Investors. Track Smart Money conviction in DGX. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +25
Streak
8Q ▲
Buyers last Q
50%

Smart Money Signals — DGX

Based on 1059 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 8 quarters in a row

last 6Q
For 8 consecutive quarters, more hedge funds added DGX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
1,059 hedge funds hold DGX right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +13% more funds vs a year ago

fund count last 6Q
+123 new funds entered over the past year (+13% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 50% buying

483 buying478 selling
Last quarter: 483 funds bought or added vs 478 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-26 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 124 → 125 → 158 → 132. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 19% medium ■ 18% new
670 out of 1,059 hedge funds have held DGX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

147 → 124 → 125 → 158 → 132 new funds/Q
New funds entering each quarter: 124 → 125 → 158 → 132. A growing number of institutions are discovering DGX each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 67% of holders stayed 2+ years

■ 67% veterans ■ 9% 1-2yr ■ 24% new
Of 1,072 current holders: 721 (67%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 41% AUM from top-100 funds

41% from top-100 AUM funds
61 of 1059 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in DGX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — DGX

In 2026 Q1, 483 hedge funds were net buyers of DGX (132 opened a new position, 351 added to an existing one), while 478 reduced or exited (371 trimmed, 107 sold completely) — a 50% buyer ratio, indicating a slight buying edge. This marks 8 consecutive quarters of net institutional buying — a persistent conviction signal. 41% of total institutional value in DGX is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +25 funds (more new holders than closures). Total institutional holders: 1059.

Hedge Fund Ownership: DGX

How many hedge funds hold DGX — quarterly history vs. share price
Quarterly hedge fund ownership of DGX vs. share price

Market Analysis: DGX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DGX

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Quest Diagnostics Inc (DGX) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much DGX has moved relative to its sector benchmark (XLV) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 77d ago
DGX
+3.2%
XLV
+4.3%

DGX outperformed XLV by -1.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
DGX
+8.3%
XLV
+5.4%

Since the filing became public, DGX outperformed XLV by +2.9% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

65 top-rated funds 5 high-conviction
Consensus
7.9
/ 10
breadth
×
Elite
4.1
/ 10
conviction
Hedge Fund Positioning: DGX
1K + Investors

Track Smart Money conviction in DGX. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 1053 1034 1.84%
13F Shares 98M 106M -7.47%
Total Value $17.53B $17.17B 2.06%
New Positions 131 158 -27
Increased Positions 342 340 +2
Closed Positions 112 101 +11
Reduced Positions 369 342 +27
Total Calls 9 12 -25.0%
Total Puts 6 8 -25.0%
PUT/CALL Ratio 0.67 0.67 Bullish

Statistics: DGX

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Financial Highlights

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Institutional Holders (2026 Q1)

1K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in DGX. Verified SEC 13F-HR filings.

QUARTER:
Top 25 DGX holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Ivy Lane Capital Management, LLC 8.59% 29,000 $5.7M
2 M.D. Sass, LLC 4.45% 299,459 $58.7M
3 EdgePoint Investment Group Inc. 3.53% 2,243,869 $439.8M
4 Longboard Asset Management, LP 3.51% 1,036 $203K
5 Paradiem, LLC 3.09% 71,480 $14.0M
6 SGL Investment Advisors, Inc. 2.01% 28,258 $5.4M
7 Delta Capital Management LLC 1.92% 17,810 $3.5M
8 Soviero Asset Management, LP 1.76% 18,000 $3.5M
9 Fiduciary Management Inc /Wi/ 1.75% 720,986 $141.3M
10 Crawford Investment Counsel Inc 1.63% 486,433 $95.3M
11 Willis Investment Counsel 1.62% 151,800 $29.7M
12 Atwater Malick LLC 1.60% 30,316 $5.9M
13 Artia Global Partners LP 1.60% 40,817 $8.0M
14 Sandler Capital Management 1.52% 14,955 $2.9M
15 Farrow Financial, Inc. 1.48% 13,311 $2.6M
16 Primoris Wealth Advisors, LLC 1.48% 10,750 $2.1M
17 Davis Selected Advisers 1.46% 1,617,813 $317.1M
18 Clean Yield Group 1.45% 26,322 $5.2M
19 JGP Wealth Management, LLC 1.38% 67,562 $13.2M
20 Riverwater Partners LLC 1.37% 20,973 $4.1M
21 Cookson Peirce & Co Inc 1.30% 156,342 $30.6M
22 TKG Advisors, LLC 1.16% 14,359 $2.8M
23 Palumbo Wealth Management LLC 1.16% 24,302 $4.8M
24 Conning INC. 1.15% 175,906 $34.5M
25 Boston Common Asset Management, LLC 1.14% 90,326 $17.7M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Quest Diagnostics Inc (DGX)

What does the Smart Money Trend signal show for DGX?

Buying streak — 8 quarters in a row: For 8 consecutive quarters, more hedge funds added DGX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for DGX?

Slight buying edge — 50% buying: Last quarter: 483 funds bought or added vs 478 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for DGX holders?

Elite ownership — 41% AUM from top-100 funds: 61 of 1059 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in DGX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held DGX?

63% of holders stayed for 2+ years: 670 out of 1,059 hedge funds have held DGX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Quest Diagnostics Inc (DGX) following the 2026 Q1 hedge fund 13F filings?

As of today, DGX has moved +8.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.4% for the XLV sector ETF — an outperformance of +2.9%. Since the quarter end (March 31, 2026), DGX has gained +3.2% vs +4.3% for XLV. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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