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
↑ +45
Streak
9Q ▲
Buyers last Q
56%

Smart Money Signals — DGX

Based on 1109 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 9 quarters in a row

last 6Q
For 9 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
1,109 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 — +15% more funds vs a year ago

fund count last 6Q
+143 new funds entered over the past year (+15% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 56% buying

561 buying433 selling
Last quarter: 561 funds bought or added vs 433 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.
➡️

Steady new buyers — ~129 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 126 → 158 → 133 → 129. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 19% medium ■ 18% new
701 out of 1,109 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.
💎

Buying through price weakness — shares +42%, value +16%

Value
+16%
Shares
+42%
Last quarter: funds added +42% more shares while total portfolio value only changed +16%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~129 new funds/quarter

126 → 126 → 158 → 133 → 129 new funds/Q
New funds entering each quarter: 126 → 158 → 133 → 129. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 67% veterans vs 23% newcomers

■ 67% veterans ■ 10% 1-2yr ■ 23% new
Entry-cohort mix of 1,123 holders: 756 (67%) are 2+ year veterans, 111 entered 1–2 years ago, and 256 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 54% AUM from top-100 funds

54% from top-100 AUM funds
63 of 1105 holders are among the 100 largest funds by AUM, controlling 54% 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 Q2, 561 hedge funds were net buyers of DGX (129 opened a new position, 432 added to an existing one), while 433 reduced or exited (349 trimmed, 84 sold completely) — a 56% buyer ratio, indicating a slight buying edge. This marks 9 consecutive quarters of net institutional buying — a persistent conviction signal. 54% of total institutional value in DGX is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +45 funds (more new holders than closures). Total institutional holders: 1109.

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

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

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Smart Money Signal ?
Broad Consensus, Selective Conviction

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

39 top-rated funds 7 high-conviction
Consensus
7.0
/ 10
breadth
×
Elite
4.0
/ 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 Q2) Prior (2026 Q1) Change
Funds Holding 1096 1064 3.01%
13F Shares 105M 100M 5.22%
Total Value $20.45B $17.77B 15.09%
New Positions 125 133 -8
Increased Positions 424 345 +79
Closed Positions 89 106 -17
Reduced Positions 346 374 -28
Total Calls 9 9 -
Total Puts 8 6 33.33%
PUT/CALL Ratio 0.89 0.67 Neutral

Statistics: DGX

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Financial Highlights

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Institutional Holders (2026 Q2)

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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Ivy Lane Capital Management, LLC 9.21% 30,000 $6.4M
2 M.D. Sass, LLC 4.99% 360,453 $76.4M
3 Longboard Asset Management, LP 3.68% 1,036 $220K
4 EdgePoint Investment Group Inc. 3.60% 2,247,568 $476.4M
5 Paradiem, LLC 2.72% 59,465 $12.6M
6 Artia Global Partners LP 2.55% 65,122 $13.8M
7 Glaxis Capital Management, LLC 2.34% 5,500 $1.2M
8 SGL Investment Advisors, Inc. 2.24% 27,290 $6.5M
9 Reliant Investment Management, LLC 1.95% 25,810 $5.5M
10 Delta Capital Management LLC 1.75% 17,940 $3.8M
11 Integral Health Asset Management, LLC 1.67% 200,000 $42.4M
12 Crawford Investment Counsel Inc 1.62% 460,081 $97.5M
13 Willis Investment Counsel 1.53% 151,500 $32.1M
14 Farrow Financial, Inc. 1.52% 13,420 $2.8M
15 Fiduciary Management Inc /Wi/ 1.46% 483,557 $102.5M
16 Clean Yield Group 1.43% 27,117 $5.7M
17 Davis Selected Advisers 1.42% 1,555,612 $329.8M
18 Atwater Malick LLC 1.36% 29,557 $6.3M
19 Riverwater Partners LLC 1.36% 21,609 $4.6M
20 Sandler Capital Management 1.36% 12,889 $2.7M
21 JGP Wealth Management, LLC 1.27% 66,982 $14.2M
22 Boston Common Asset Management, LLC 1.20% 95,696 $20.3M
23 Conning INC. 1.19% 186,734 $39.6M
24 TKG Advisors, LLC 1.09% 14,800 $3.1M
25 Cookson Peirce & Co Inc 1.09% 155,589 $33.0M
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 — 9 quarters in a row: For 9 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 — 56% buying: Last quarter: 561 funds bought or added vs 433 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 — 54% AUM from top-100 funds: 63 of 1105 holders are among the 100 largest funds by AUM, controlling 54% 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: 701 out of 1,109 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.

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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