DEXCOM INC DXCM
COM · Common Stock · CUSIP 252131107 · ISIN US2521311074
Company that develops, manufactures and distributes continuous glucose monitoring systems
- SectorHealth care
- IndustrySurgical & Medical Instruments & Apparatus
- HeadquartersSan Diego, CA
- Founded1999
- Websitedexcom.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($224.9m this quarter). Holder counts are more reliable. Shares outstanding: 386.4m as of 2023-10-19, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $93.34. Options: 44 managers hold calls ($502.7m notional), 45 hold puts ($581.7m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 794 |
| Q4 2022 | 918 |
| Q1 2023 | 905 |
| Q2 2023 | 955 |
| Q3 2023 | 907 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 460 | 357 |
| Q1 2023 | 422 | 434 |
| Q2 2023 | 480 | 387 |
| Q3 2023 | 445 | 485 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $636.4m | $641.0m | 1.01 |
| Q1 2023 | $465.1m | $478.2m | 1.03 |
| Q2 2023 | $423.6m | $628.6m | 1.48 |
| Q3 2023 | $502.7m | $581.7m | 1.16 |
Biggest buyers
| Capital Research Global Investors | Added | +3.5m |
| Winslow Capital Management, LLC | New | +1.9m |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | Added | +1.5m |
| Holocene Advisors, LP | Added | +981.3k |
| NEUBERGER BERMAN GROUP LLC | Added | +928.9k |
| MILLENNIUM MANAGEMENT LLC | Added | +878.1k |
| WESTFIELD CAPITAL MANAGEMENT CO LP | Added | +817.4k |
| Point72 Asset Management, L.P. | Added | +792.1k |
| Employees Provident Fund Board | Added | +734.9k |
| TimesSquare Capital Management, LLC | Added | +727.0k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -7.3m |
| JENNISON ASSOCIATES LLC | Reduced | -3.0m |
| Capital International Investors | Sold out | -2.3m |
| FMR LLC | Reduced | -1.6m |
| LORD, ABBETT & CO. LLC | Reduced | -1.4m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -893.7k |
| Clearbridge Investments, LLC | Reduced | -816.9k |
| CIBC Private Wealth Group LLC | Reduced | -759.2k |
| LOS ANGELES CAPITAL MANAGEMENT LLC | Reduced | -725.8k |
| Thrivent Financial for Lutherans | Reduced | -682.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $91.6m981.3k shares |
| CITADEL ADVISORS LLC | Added | $74.5m798.4k shares |
| UBS Group AG | Added | $34.0m364.2k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $33.3m357.3k shares |
| SIMPLEX TRADING, LLC | Added | $32.9m352.2k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $30.4m325.4k shares |
| WS MANAGEMENT LLLP | New | $28.0m300.0k shares |
| JANE STREET GROUP, LLC | Added | $22.2m238.0k shares |
| BANK OF AMERICA CORP /DE/ | Added | $21.6m231.8k shares |
| IMC-Chicago, LLC | Added | $13.4m144.1k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $81.8m877.2k shares |
| CITADEL ADVISORS LLC | Added | $61.6m660.7k shares |
| Walleye Capital LLC | Reduced | $59.1m633.0k shares |
| WS MANAGEMENT LLLP | Added | $54.2m581.1k shares |
| SIMPLEX TRADING, LLC | Added | $38.8m415.7k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $24.1m258.2k shares |
| JANE STREET GROUP, LLC | Added | $23.7m254.3k shares |
| Parallax Volatility Advisers, L.P. | Added | $18.7m200.1k shares |
| UBS Group AG | Added | $18.4m197.0k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $16.7m179.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-24 | 8.3% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q3 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2021 | 0 | — | 9 | $13.5m | — |
| Q1 2022 | 0 | — | 8 | — | — |
| Q2 2022 | 0 | — | 3 | $327.6k | — |
| Q3 2022 | 0 | — | 2 | $167.7k | — |
| Q4 2022 | 0 | — | 3 | $1.4m | — |
| Q1 2023 | 0 | — | 8 | $19.9m | — |
| Q2 2023 | 0 | — | 9 | $9.0m | — |
| Q3 2023 | 0 | — | 7 | $1.5m | $63.9k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-09-22 | Pacelli Steven Robert EVP Managing Director Dexcom V | Sold | $36.3k411 shares |
| 2023-09-15 | ALTMAN STEVEN R Director · by Trust | Sold | $101.5k1.0k shares |
| 2023-09-12 | Heller Bridgette P Director | Sold plan | $63.9k600 shares |
| 2023-09-01 | Dolan Matthew Vincent SVP Corporate Strategy-Develop | Sold | $5.7k56 shares |
| 2023-08-23 | Pacelli Steven Robert EVP Managing Director Dexcom V | Sold | $44.0k411 shares |
| 2023-08-22 | Sylvain Jereme M EVP Chief Financial Officer | Sold | $192.5k1.8k shares |
| 2023-08-09 | Stern Sadie EVP Chief Human Resources Offi | Sold | $43.4k392 shares |
| 2023-07-24 | Pacelli Steven Robert EVP Managing Director Dexcom V | Sold | $53.8k412 shares |
| 2023-07-14 | Pacelli Steven Robert EVP Managing Director Dexcom V | Sold | $684.2k5.0k shares |
| 2023-07-10 | Regan Barry J. EVP Operations | Sold | $254.7k2.0k shares |
| 2023-07-10 | Stern Sadie EVP Chief Human Resources Offi | Sold | $50.2k392 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.10% of their portfolio | 44.2m $4.1bn | Reduced -95.0k |
| BlackRock Inc. 0.09% of their portfolio | 32.7m $3.1bn | Reduced -512.1k |
| BAILLIE GIFFORD & CO 1.42% of their portfolio | 16.7m $1.6bn | Reduced -40.8k |
| STATE STREET CORP 0.08% of their portfolio | 16.0m $1.5bn | Reduced -507.6k |
| SANDS CAPITAL MANAGEMENT, LLC 4.34% of their portfolio | 13.7m $1.3bn | Added +557.5k |
| Capital Research Global Investors 0.32% of their portfolio | 12.6m $1.2bn | Added +3.5m |
| FMR LLC 0.07% of their portfolio | 9.0m $841.3m | Reduced -1.6m |
| GEODE CAPITAL MANAGEMENT, LLC 0.10% of their portfolio | 8.7m $812.7m | Added +171.5k |
| Nuveen Asset Management, LLC 0.25% of their portfolio | 7.8m $723.1m | Reduced -184.1k |
| Invesco Ltd. 0.16% of their portfolio | 6.5m $606.8m | Added +422.9k |
| JPMORGAN CHASE & CO 0.06% of their portfolio | 5.4m $504.8m | Reduced -7.3m |
| AMERICAN CENTURY COMPANIES INC 0.39% of their portfolio | 5.4m $501.3m | Added +218.2k |
| BLAIR WILLIAM & CO/IL 1.61% of their portfolio | 4.5m $420.5m | Added +73.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.08% of their portfolio | 4.4m $414.5m | Reduced -511.2k |
| MORGAN STANLEY 0.04% of their portfolio | 4.4m $412.8m | Added +245.4k |
| JENNISON ASSOCIATES LLC 0.34% of their portfolio | 4.3m $400.5m | Reduced -3.0m |
| Bank of New York Mellon Corp 0.09% of their portfolio | 4.3m $398.6m | Reduced -200.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.17% of their portfolio | 4.1m $381.8m | Reduced -11.1k |
| Capital World Investors 0.07% of their portfolio | 4.0m $375.3m | Added +152.0k |
| NORGES BANK 0.08% of their portfolio | 4.0m $374.5m | Added +35.9k |
| NORTHERN TRUST CORP 0.07% of their portfolio | 3.9m $363.5m | Added +91.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.05% of their portfolio | 3.3m $311.8m | Reduced -279.7k |
| Clearbridge Investments, LLC 0.29% of their portfolio | 3.2m $303.1m | Reduced -816.9k |
| MACQUARIE GROUP LTD 0.35% of their portfolio | 3.0m $283.0m | Reduced -84.5k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 2.9m $270.7m | Added +86.5k |
| NEUBERGER BERMAN GROUP LLC 0.24% of their portfolio | 2.8m $262.3m | Added +928.9k |
| MILLENNIUM MANAGEMENT LLC 0.27% of their portfolio | 2.8m $259.5m | Added +878.1k |
| VOYA INVESTMENT MANAGEMENT LLC 0.27% of their portfolio | 2.6m $245.1m | Added +436.7k |
| Holocene Advisors, LP 1.08% of their portfolio | 2.6m $241.3m | Added +981.3k |
| Amundi 0.10% of their portfolio | 2.6m $196.2m | Added +245.2k |
| Legal & General Group Plc 0.08% of their portfolio | 2.5m $233.1m | Reduced -105.2k |
| PUTNAM INVESTMENTS LLC 0.35% of their portfolio | 2.5m $231.3m | Added +436.2k |
| FEDERATED HERMES, INC. 0.58% of their portfolio | 2.3m $218.6m | Reduced -127.5k |
| CREDIT SUISSE AG/ 0.22% of their portfolio | 2.3m $217.6m | Added +316.3k |
| Artisan Partners Limited Partnership 0.35% of their portfolio | 2.2m $207.9m | Reduced -198.5k |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 2.2m $204.6m | Reduced -446.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.06% of their portfolio | 2.2m $201.6m | Added +28.6k |
| Champlain Investment Partners, LLC 1.31% of their portfolio | 2.2m $201.3m | Added +264.2k |
| AMERIPRISE FINANCIAL INC 0.06% of their portfolio | 2.0m $191.2m | Reduced -206.6k |
| AXA S.A. 0.66% of their portfolio | 2.0m $189.0m | Reduced -119.4k |
| Winslow Capital Management, LLC 0.82% of their portfolio | 1.9m $173.1m | New |
| WESTFIELD CAPITAL MANAGEMENT CO LP 1.17% of their portfolio | 1.8m $172.4m | Added +817.4k |
| DEUTSCHE BANK AG\ 0.11% of their portfolio | 1.8m $163.7m | Added +45.6k |
| BROWN ADVISORY INC 0.26% of their portfolio | 1.7m $157.8m | Reduced -639.3k |
| 1832 Asset Management L.P. 0.32% of their portfolio | 1.6m $152.8m | Reduced -48.8k |
| Ownership Capital B.V. 3.47% of their portfolio | 1.5m $138.4m | Reduced -412.1k |
| JANUS HENDERSON GROUP PLC 0.09% of their portfolio | 1.5m $136.4m | Added +79.6k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 1.54% of their portfolio | 1.5m $136.2m | Added +1.5m |
| EAGLE ASSET MANAGEMENT INC 0.80% of their portfolio | 1.4m $134.9m | Reduced -1.6k |
| WELLS FARGO & COMPANY/MN 0.04% of their portfolio | 1.4m $128.1m | Reduced -145.6k |
| BAMCO INC /NY/ 0.36% of their portfolio | 1.3m $123.1m | Reduced -107.9k |
| Allspring Global Investments Holdings, LLC 0.22% of their portfolio | 1.3m $122.4m | Reduced -55.2k |
| FRANKLIN RESOURCES INC 0.06% of their portfolio | 1.3m $119.4m | Added +34.0k |
| Rathbones Group PLC 0.85% of their portfolio | 1.3m $117.8m | Added +120.9k |
| Swiss National Bank 0.09% of their portfolio | 1.2m $116.3m | Reduced -153.1k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.17% of their portfolio | 1.2m $113.6m | Reduced -29.4k |
| MARSHALL WACE, LLP 0.24% of their portfolio | 1.2m $111.1m | Reduced -449.8k |
| UBS Group AG 0.05% of their portfolio | 1.1m $100.1m | Added +126.5k |
| BESSEMER GROUP INC 0.21% of their portfolio | 1.0m $97.2m | Added +2.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.11% of their portfolio | 1.0m $96.5m | Added +102.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.08% of their portfolio | 1.0m $95.9m | Reduced -12.2k |
| BARCLAYS PLC 0.06% of their portfolio | 1.0m $95.3m | Added +226.8k |
| Fisher Asset Management, LLC 0.05% of their portfolio | 1.0m $94.4m | Reduced -260.3k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 993.2k $92.7m | Reduced -591.5k |
| DekaBank Deutsche Girozentrale 0.21% of their portfolio | 977.2k $93.2m | Added +211.8k |
| TCW GROUP INC 1.11% of their portfolio | 945.8k $88.2m | Reduced -80.9k |
| CITADEL ADVISORS LLC 0.10% of their portfolio | 943.6k $88.0m | Added +685.6k |
| Polar Capital Holdings Plc 0.65% of their portfolio | 935.5k $87.3m | Reduced -38.2k |
| HSBC HOLDINGS PLC 0.10% of their portfolio | 919.3k $86.0m | Reduced -85.6k |
| Employees Provident Fund Board 1.94% of their portfolio | 916.8k $85.5m | Added +734.9k |
| Baird Financial Group, Inc. 0.23% of their portfolio | 911.9k $85.1m | Added +109.4k |
| National Pension Service 0.12% of their portfolio | 851.2k $75.4m | Added +42.2k |
| Mirae Asset Global Investments Co., Ltd. 0.17% of their portfolio | 848.5k $78.2m | Added +67.1k |
| Point72 Asset Management, L.P. 0.26% of their portfolio | 813.1k $75.9m | Added +792.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio | 810.8k $75.6m | Added +775 |
| FRED ALGER MANAGEMENT, LLC 0.42% of their portfolio | 791.4k $73.8m | Added +86.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.16% of their portfolio | 790.7k $73.8m | Added +502.1k |
| RHUMBLINE ADVISERS 0.09% of their portfolio | 789.3k $73.6m | Added +133 |
| BEACON INVESTMENT ADVISORY SERVICES, INC. 3.58% of their portfolio | 780.1k $72.8m | Added +22.1k |
| NICHOLAS COMPANY, INC. 1.45% of their portfolio | 774.6k $72.3m | Added +275.5k |
| SEI INVESTMENTS CO 0.13% of their portfolio | 769.6k $71.8m | Added +145.5k |
| TimesSquare Capital Management, LLC 1.07% of their portfolio | 733.4k $68.4m | Added +727.0k |
| California Public Employees Retirement System 0.06% of their portfolio | 716.8k $66.9m | Added +7.8k |
| Alyeska Investment Group, L.P. 0.46% of their portfolio | 714.5k $66.7m | Reduced -187.7k |
| Bellevue Group AG 1.03% of their portfolio | 685.7k $64.0m | Reduced -76.0k |
| Ensign Peak Advisors, Inc 0.14% of their portfolio | 678.7k $63.3m | Added +425.0k |
| Mitsubishi UFJ Trust & Banking Corp 0.16% of their portfolio | 670.9k $62.6m | Added +16.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 657.2k $61.3m | Added +72.8k |
| Pictet Asset Management Holding SA 0.08% of their portfolio | 656.5k $61.3m | First filing |
| Alphabet Inc. 3.92% of their portfolio | 654.9k $61.1m | Reduced -558.0k |
| MACKENZIE FINANCIAL CORP 0.10% of their portfolio | 653.8k $59.5m | Added +153.6k |
| PEREGRINE CAPITAL MANAGEMENT LLC 1.80% of their portfolio | 644.8k $60.2m | Added +66.7k |
| Chicago Capital, LLC 2.77% of their portfolio | 634.0k $59.2m | Added +28.9k |
| Stephens Investment Management Group LLC 0.97% of their portfolio | 630.6k $58.8m | Added +7.9k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 607.4k $56.7m | Added +55.6k |
| Man Group plc 0.18% of their portfolio | 604.0k $56.4m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.09% of their portfolio | 603.8k $56.3m | Reduced -24.8k |
| Bridgewater Associates, LP 0.34% of their portfolio | 601.4k $56.1m | Added +183.1k |
| Rock Springs Capital Management LP 1.46% of their portfolio | 584.0k $54.5m | Added +93.5k |
| Iron Triangle Partners LP 7.71% of their portfolio | 565.8k $52.8m | Added +415.8k |