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 ($168.2m this quarter). Holder counts are more reliable. Shares outstanding: 392.1m as of 2025-04-24, 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 ≈ $68.16. Options: 43 managers hold calls ($400.7m notional), 43 hold puts ($336.7m).
Trends to Q1 2025
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 |
| Q4 2023 | 976 |
| Q1 2024 | 1,034 |
| Q2 2024 | 1,002 |
| Q3 2024 | 894 |
| Q4 2024 | 951 |
| Q1 2025 | 934 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 480 | 387 |
| Q3 2023 | 445 | 485 |
| Q4 2023 | 461 | 472 |
| Q1 2024 | 548 | 433 |
| Q2 2024 | 538 | 441 |
| Q3 2024 | 418 | 552 |
| Q4 2024 | 462 | 451 |
| Q1 2025 | 466 | 425 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $519.3m | $530.0m | 1.02 |
| Q3 2024 | $404.7m | $424.0m | 1.05 |
| Q4 2024 | $727.5m | $499.1m | 0.69 |
| Q1 2025 | $400.7m | $336.7m | 0.84 |
Biggest buyers
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +2.9m |
| JENNISON ASSOCIATES LLC | Added | +2.9m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +2.0m |
| JANUS HENDERSON GROUP PLC | Added | +2.0m |
| FEDERATED HERMES, INC. | Added | +1.9m |
| BANK OF AMERICA CORP /DE/ | Added | +1.7m |
| PRUDENTIAL FINANCIAL INC | Added | +1.2m |
| VANGUARD GROUP INC | Added | +925.9k |
| Amundi | Added | +892.0k |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +698.1k |
Biggest sellers
| MACKENZIE FINANCIAL CORP | Reduced | -2.8m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -2.7m |
| Capital Research Global Investors | Reduced | -2.3m |
| CITADEL ADVISORS LLC | Reduced | -2.1m |
| Point72 Asset Management, L.P. | Reduced | -1.2m |
| MIG Capital, LLC | Sold out | -859.6k |
| FMR LLC | Reduced | -844.9k |
| Holocene Advisors, LP | Reduced | -774.0k |
| Capital World Investors | Reduced | -769.4k |
| Ownership Capital B.V. | Sold out | -702.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $46.7m684.5k shares |
| HSBC HOLDINGS PLC | Added | $44.5m658.4k shares |
| CITADEL ADVISORS LLC | Reduced | $44.4m649.6k shares |
| UBS Group AG | Added | $29.8m436.2k shares |
| Walleye Trading LLC | Reduced | $25.1m367.5k shares |
| JANE STREET GROUP, LLC | Reduced | $23.2m339.1k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $22.7m332.1k shares |
| IMC-Chicago, LLC | Reduced | $19.9m291.2k shares |
| BANK OF AMERICA CORP /DE/ | Added | $15.2m222.6k shares |
| WOLVERINE TRADING, LLC | Added | $14.9m220.4k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $35.4m519.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $31.5m460.6k shares |
| UBS Group AG | Reduced | $26.0m380.6k shares |
| CITIGROUP INC | Reduced | $24.1m353.0k shares |
| HSBC HOLDINGS PLC | Added | $21.7m322.1k shares |
| JANE STREET GROUP, LLC | Added | $18.2m266.2k shares |
| BANK OF AMERICA CORP /DE/ | Added | $17.0m249.4k shares |
| Qube Research & Technologies Ltd | Added | $14.6m213.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $14.5m212.9k shares |
| IMC-Chicago, LLC | Reduced | $13.9m204.1k 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 Q1 2025
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 |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 9 | $9.0m | — |
| Q3 2023 | 0 | — | 7 | $1.5m | $63.9k |
| Q4 2023 | 0 | — | 7 | $2.4m | $1.6m |
| Q1 2024 | 0 | — | 8 | $27.7m | $15.6m |
| Q2 2024 | 0 | — | 8 | $8.6m | $8.5m |
| Q3 2024 | 0 | — | 5 | $244.4k | $163.4k |
| Q4 2024 | 0 | — | 4 | $749.2k | $341.2k |
| Q1 2025 | 0 | — | 7 | $10.0m | $541.6k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-17 | Heller Bridgette P Director | Sold plan | $24.8k352 shares |
| 2025-03-12 | SAYER KEVIN R Chairman, CEO & President, director | Sold | $2.3m32.5k shares |
| 2025-03-12 | Leach Jacob Steven EVP, Chief Operating Officer | Sold | $990.7k14.1k shares |
| 2025-03-12 | Brown Michael Jon EVP, Chief Legal Officer | Sold | $914.9k13.0k shares |
| 2025-03-12 | Sylvain Jereme M EVP, Chief Financal Officer | Sold | $844.6k12.0k shares |
| 2025-03-12 | Stern Sadie EVP, Chief HR Officer | Sold | $786.6k11.2k shares |
| 2025-03-10 | Sylvain Jereme M EVP, Chief Financal Officer | Sold plan | $516.8k7.0k shares |
| 2025-01-29 | SAYER KEVIN R Chairman, CEO & President, director | Sold | $2.9m33.4k shares |
| 2025-01-29 | Leach Jacob Steven EVP, Chief Operating Officer | Sold | $228.9k2.6k shares |
| 2025-01-29 | Stern Sadie EVP, Chief HR Officer | Sold | $181.9k2.1k shares |
| 2025-01-29 | Sylvain Jereme M EVP, Chief Financal Officer | Sold | $181.6k2.1k shares |
| 2025-01-29 | Dolan Matthew Vincent EVP, Strategy & Corporate Dev | Sold | $102.8k1.2k 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, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.06% of their portfolio | 47.5m $3.2bn | Added +925.9k |
| BlackRock, Inc. 0.06% of their portfolio | 39.2m $2.7bn | Reduced -358.4k |
| STATE STREET CORP 0.05% of their portfolio | 16.7m $1.1bn | Reduced -3.4k |
| BAILLIE GIFFORD & CO 0.85% of their portfolio | 14.2m $968.3m | Reduced -433.0k |
| Capital Research Global Investors 0.18% of their portfolio | 12.0m $822.0m | Reduced -2.3m |
| JENNISON ASSOCIATES LLC 0.50% of their portfolio | 10.5m $718.6m | Added +2.9m |
| SANDS CAPITAL MANAGEMENT, LLC 2.42% of their portfolio | 10.4m $711.2m | Reduced -695.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.06% of their portfolio | 10.4m $708.6m | Added +414.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.18% of their portfolio | 10.1m $691.3m | Added +2.9m |
| Nuveen, LLC 0.17% of their portfolio | 8.1m $554.9m | First filing |
| MORGAN STANLEY 0.03% of their portfolio | 6.6m $450.4m | Reduced -313.4k |
| Amundi 0.12% of their portfolio | 5.5m $339.4m | Added +892.0k |
| Invesco Ltd. 0.07% of their portfolio | 5.3m $358.9m | Added +256.4k |
| NORGES BANK 0.05% of their portfolio | 4.9m $335.1m | Reduced -48.4k |
| Bank of New York Mellon Corp 0.06% of their portfolio | 4.5m $305.7m | Added +284.6k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 4.1m $282.8m | Reduced -199.9k |
| AMERICAN CENTURY COMPANIES INC 0.17% of their portfolio | 4.1m $276.7m | Added +667.5k |
| NORTHERN TRUST CORP 0.04% of their portfolio | 3.9m $265.5m | Reduced -259.1k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 3.5m $238.4m | Added +1.7m |
| RAYMOND JAMES FINANCIAL INC 0.09% of their portfolio | 3.4m $229.1m | Added +631.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.07% of their portfolio | 3.2m $218.2m | Added +2.0m |
| D. E. Shaw & Co., Inc. 0.25% of their portfolio | 3.1m $210.5m | Reduced -448.4k |
| Capital World Investors 0.03% of their portfolio | 3.1m $209.9m | Reduced -769.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 3.0m $203.3m | Added +152.3k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 2.6m $174.8m | Reduced -60.6k |
| Legal & General Group Plc 0.05% of their portfolio | 2.5m $173.5m | Reduced -23.9k |
| JANUS HENDERSON GROUP PLC 0.09% of their portfolio | 2.5m $171.6m | Added +2.0m |
| FRANKLIN RESOURCES INC 0.05% of their portfolio | 2.5m $171.1m | Added +495.5k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.81% of their portfolio | 2.4m $167.2m | Added +102.1k |
| AXA S.A. 0.51% of their portfolio | 2.3m $155.2m | Added +15.6k |
| BLAIR WILLIAM & CO/IL 0.46% of their portfolio | 2.2m $152.9m | Added +5.9k |
| CITADEL ADVISORS LLC 0.14% of their portfolio | 2.1m $145.3m | Reduced -2.1m |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 2.0m $139.0m | Added +123.0k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 2.0m $136.8m | Added +506.9k |
| FEDERATED HERMES, INC. 0.29% of their portfolio | 2.0m $136.2m | Added +1.9m |
| UBS Group AG 0.03% of their portfolio | 2.0m $136.2m | Added +46.8k |
| Employees Provident Fund Board 1.46% of their portfolio | 1.9m $128.2m | Added +107.0k |
| Champlain Investment Partners, LLC 0.92% of their portfolio | 1.9m $127.2m | Reduced -153.3k |
| Artisan Partners Limited Partnership 0.20% of their portfolio | 1.8m $123.9m | Reduced -39.4k |
| FMR LLC 0.01% of their portfolio | 1.7m $117.3m | Reduced -844.9k |
| Fisher Funds Management LTD 2.73% of their portfolio | 1.6m $112.5m | Added +405.6k |
| WELLS FARGO & COMPANY/MN 0.03% of their portfolio | 1.6m $109.5m | Added +393.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.08% of their portfolio | 1.5m $105.7m | First filing |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.5m $101.8m | Reduced -448.4k |
| PRUDENTIAL FINANCIAL INC 0.14% of their portfolio | 1.5m $101.6m | Added +1.2m |
| BARCLAYS PLC 0.04% of their portfolio | 1.4m $99.0m | Added +180.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.05% of their portfolio | 1.2m $83.8m | Added +606.9k |
| CONGRESS ASSET MANAGEMENT CO 0.59% of their portfolio | 1.2m $79.2m | Reduced -197.2k |
| Swiss National Bank 0.05% of their portfolio | 1.1m $75.2m | Reduced -30.4k |
| Rathbones Group PLC 0.36% of their portfolio | 1.1m $74.2m | Reduced -72.1k |
| CITIGROUP INC 0.06% of their portfolio | 1.1m $73.7m | Reduced -119.8k |
| Bellevue Group AG 1.63% of their portfolio | 1.1m $72.7m | Added +19.1k |
| MACKENZIE FINANCIAL CORP 0.10% of their portfolio | 1.1m $72.5m | Reduced -2.8m |
| MARSHALL WACE, LLP 0.10% of their portfolio | 1.1m $72.4m | Added +520.3k |
| Alphabet Inc. 4.49% of their portfolio | 1.0m $70.8m | Unchanged |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.06% of their portfolio | 988.8k $67.5m | Added +79.2k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.72% of their portfolio | 968.3k $66.1m | Added +275.1k |
| HSBC HOLDINGS PLC 0.04% of their portfolio | 967.1k $65.7m | Reduced -15.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.05% of their portfolio | 952.6k $65.1m | Added +6.7k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 950.7k $64.9m | Added +17.0k |
| BESSEMER GROUP INC 0.12% of their portfolio | 949.1k $64.8m | Added +25.5k |
| TWINBEECH CAPITAL LP 1.16% of their portfolio | 938.2k $64.1m | Added +409.0k |
| TCW GROUP INC 0.57% of their portfolio | 937.5k $64.0m | Added +67.4k |
| BANK OF NOVA SCOTIA 0.14% of their portfolio | 931.5k $63.6m | Added +662.7k |
| Chicago Capital, LLC 1.71% of their portfolio | 885.5k $60.5m | Added +379.6k |
| Pictet Asset Management Holding SA 0.07% of their portfolio | 880.7k $60.1m | Added +218.0k |
| Stephens Investment Management Group LLC 0.83% of their portfolio | 841.1k $57.4m | Added +137.2k |
| DekaBank Deutsche Girozentrale 0.11% of their portfolio | 837.6k $56.7m | Reduced -12.7k |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 818.9k $55.9m | Added +132.6k |
| Holocene Advisors, LP 0.16% of their portfolio | 816.1k $55.7m | Reduced -774.0k |
| RHUMBLINE ADVISERS 0.05% of their portfolio | 809.8k $55.3m | Added +33.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 804.9k $55.0m | Added +220.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio | 729.7k $49.8m | Added +169.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 724.0k $49.4m | Added +698.1k |
| AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 709.0k $47.4m | Added +100.8k |
| Qube Research & Technologies Ltd 0.07% of their portfolio | 699.3k $47.8m | Reduced -382.6k |
| Baird Financial Group, Inc. 0.09% of their portfolio | 687.0k $46.9m | Added +285.1k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 680.1k $46.4m | Reduced -14.0k |
| Assenagon Asset Management S.A. 0.08% of their portfolio | 650.7k $44.4m | Added +3.8k |
| FIRST TRUST ADVISORS LP 0.04% of their portfolio | 646.5k $44.1m | Added +88.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 638.2k $43.6m | Added +54.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio | 630.8k $43.1m | Reduced -259.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 624.6k $42.7m | Reduced -11.0k |
| SEI INVESTMENTS CO 0.05% of their portfolio | 619.9k $42.3m | Added +137.1k |
| TWO SIGMA INVESTMENTS, LP 0.09% of their portfolio | 616.6k $42.1m | Reduced -246.4k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.05% of their portfolio | 609.2k $41.6m | Added +21.3k |
| TWO SIGMA ADVISERS, LP 0.09% of their portfolio | 599.1k $40.9m | Reduced -644.7k |
| ProShare Advisors LLC 0.09% of their portfolio | 575.6k $39.3m | Added +69.2k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.04% of their portfolio | 570.9k $39.0m | Reduced -195.6k |
| NATIONAL BANK OF CANADA /FI/ 0.05% of their portfolio | 569.0k $38.9m | Added +331.5k |
| PEREGRINE CAPITAL MANAGEMENT LLC 1.29% of their portfolio | 568.5k $38.8m | Reduced -20.3k |
| INTECH INVESTMENT MANAGEMENT LLC 0.39% of their portfolio | 561.1k $38.3m | Reduced -61.7k |
| Mitsubishi UFJ Trust & Banking Corp 0.10% of their portfolio | 555.9k $38.0m | Reduced -50.8k |
| National Pension Service 0.04% of their portfolio | 552.9k $37.8m | Reduced -63.8k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 543.3k $37.1m | Reduced -11.9k |
| CIBC Private Wealth Group LLC 0.07% of their portfolio | 537.1k $32.6m | Added +141.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.07% of their portfolio | 531.9k $36.3m | Added +955 |
| FACTORY MUTUAL INSURANCE CO 0.41% of their portfolio | 521.6k $35.6m | Added +40.0k |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC 0.87% of their portfolio | 521.6k $35.6m | Added +134.4k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.07% of their portfolio | 506.3k $34.6m | Added +63.3k |