Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Quidelortho Corp (QDEL)

236 + Investors. Track Smart Money conviction in QDEL. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -11
Streak
3Q ▼
Buyers last Q
50%

Smart Money Signals — QDEL

Based on 237 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds reduced or closed their QDEL positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 80% of 3.0Y peak

80% of all-time peak
237 funds currently hold this stock — 80% of the 3.0-year high of 295 funds (reached 2023 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 9% fewer funds vs a year ago

fund count last 6Q
24 fewer hedge funds hold QDEL compared to a year ago (-9% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 50% buying

130 buying128 selling
Last quarter: 130 funds bought or added vs 128 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 — ~42 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 50 → 40 → 37 → 42. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

66% of holders stayed for 2+ years

■ 66% conviction (2yr+) ■ 22% medium ■ 12% new
157 out of 237 hedge funds have held QDEL 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 +7%, value -43%

Value
-43%
Shares
+6%
Last quarter: funds added +7% more shares while total portfolio value only changed -43%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~42 new funds/quarter

33 → 50 → 40 → 37 → 42 new funds/Q
New funds entering each quarter: 50 → 40 → 37 → 42. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 73% veterans vs 15% newcomers

■ 73% veterans ■ 13% 1-2yr ■ 15% new
Entry-cohort mix of 245 holders: 178 (73%) are 2+ year veterans, 31 entered 1–2 years ago, and 36 (15%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 41% AUM from top-100 funds

41% from top-100 AUM funds
44 of 232 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in QDEL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.3
out of 10
Low Exit Risk
Exit risk score 2.3/10 — 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 — QDEL

In 2026 Q1, 130 hedge funds were net buyers of QDEL (42 opened a new position, 88 added to an existing one), while 128 reduced or exited (75 trimmed, 53 sold completely) — a 50% buyer ratio, indicating a slight buying edge. This extends a 3-quarter selling streak, suggesting sustained institutional caution. 41% of total institutional value in QDEL is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -11 funds (more exits than new entries). Total institutional holders: 237.

Hedge Fund Ownership: QDEL

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

Market Analysis: QDEL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: QDEL

-- --

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

Is It Too Late to Buy Quidelortho Corp (QDEL) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much QDEL 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 · 79d ago
QDEL
-20.1%
XLV
+2.8%

QDEL outperformed XLV by -22.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
QDEL
+27.2%
XLV
+3.9%

Since the filing became public, QDEL outperformed XLV by +23.3% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

29 top-rated funds 3 high-conviction
Consensus
6.4
/ 10
breadth
×
Elite
2.8
/ 10
conviction
Hedge Fund Positioning: QDEL
236 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 236 248 -4.84%
13F Shares 81M 76M 6.68%
Total Value $1.23B $2.17B -43.3%
New Positions 41 37 +4
Increased Positions 85 79 +6
Closed Positions 53 41 +12
Reduced Positions 73 103 -30
Total Calls 8 9 -11.11%
Total Puts 5 5 -
PUT/CALL Ratio 0.62 0.56 Bullish

Statistics: QDEL

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Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
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Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

236 + investors

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

QUARTER:
Top 25 QDEL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Newtyn Management, LLC 8.00% 4,558,472 $74.9M
2 Gem Investment Advisors, LLC 4.79% 296,665 $4.9M
3 SaddleRock Capital Management LLC 3.40% 196,141 $3.2M
4 Gagnon Securities LLC 1.53% 403,325 $6.6M
5 Bayberry Capital Partners LP 1.44% 282,600 $4.6M
6 Beaconlight Capital, LLC 1.32% 152,057 $2.5M
7 Goodman Financial Corp 1.23% 437,157 $7.2M
8 Tejara Capital Ltd 1.17% 216,090 $3.6M
9 Lightrock Netherlands B.V. 1.10% 314,547 $5.2M
10 Ballast Asset Management, LP 1.07% 145,960 $2.4M
11 Paradigm Capital Management Inc/Ny 0.96% 1,525,900 $25.1M
12 Rice Hall James & Associates, LLC 0.94% 1,026,420 $16.9M
13 Sio Capital Management, LLC 0.85% 359,011 $5.9M
14 Birchview Capital, LP 0.77% 82,548 $1.4M
15 Skylands Capital, LLC 0.74% 341,554 $5.6M
16 Monaco Asset Management SAM 0.73% 242,595 $4.0M
17 Stanley Capital Management, LLC 0.69% 252,000 $4.1M
18 Private Management Group Inc 0.66% 1,384,769 $22.8M
19 Rubric Capital Management LP 0.58% 3,306,281 $54.3M
20 Aristotle Capital Boston, LLC 0.43% 420,402 $6.9M
21 Phocas Financial Corp. 0.34% 132,882 $2.2M
22 Frontier Capital Management Co LLC 0.30% 1,752,613 $28.8M
23 Bayforest Capital Ltd 0.24% 12,939 $213K
24 SummerHaven Investment Management, LLC 0.20% 19,966 $328K
25 Parkman Healthcare Partners LLC 0.17% 101,764 $1.7M
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 — Quidelortho Corp (QDEL)

What does the Smart Money Trend signal show for QDEL?

Selling streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds reduced or closed their QDEL positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for QDEL?

Slight buying edge — 50% buying: Last quarter: 130 funds bought or added vs 128 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 QDEL holders?

Elite ownership — 41% AUM from top-100 funds: 44 of 232 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in QDEL. 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 QDEL?

66% of holders stayed for 2+ years: 157 out of 237 hedge funds have held QDEL 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 Quidelortho Corp (QDEL) following the 2026 Q1 hedge fund 13F filings?

As of today, QDEL has moved +27.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.9% for the XLV sector ETF — an outperformance of +23.3%. Since the quarter end (March 31, 2026), QDEL has gained -20.1% vs +2.8% for XLV. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to 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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