QUEST DIAGNOSTICS INC DGX
COM · Common Stock · CUSIP 74834L100 · ISIN US74834L1008
Medical research company
- SectorHealth care
- IndustryServices-Medical Laboratories
- HeadquartersSecaucus, NJ
- Founded1967
- Websitequestdiagnostics.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 ($60.4m this quarter). Holder counts are more reliable. Shares outstanding: 111.8m as of 2025-07-15, 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 ≈ $179.52. Options: 18 managers hold calls ($89.2m notional), 16 hold puts ($133.1m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 809 |
| Q4 2022 | 880 |
| Q1 2023 | 837 |
| Q2 2023 | 821 |
| Q3 2023 | 799 |
| Q4 2023 | 830 |
| Q1 2024 | 819 |
| Q2 2024 | 841 |
| Q3 2024 | 850 |
| Q4 2024 | 897 |
| Q1 2025 | 971 |
| Q2 2025 | 992 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 293 | 419 |
| Q4 2023 | 318 | 395 |
| Q1 2024 | 346 | 400 |
| Q2 2024 | 357 | 359 |
| Q3 2024 | 376 | 382 |
| Q4 2024 | 376 | 362 |
| Q1 2025 | 444 | 398 |
| Q2 2025 | 468 | 412 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $62.2m | $56.3m | 0.91 |
| Q4 2024 | $63.1m | $35.0m | 0.55 |
| Q1 2025 | $83.5m | $135.8m | 1.63 |
| Q2 2025 | $89.2m | $133.1m | 1.49 |
Biggest buyers
| ROYAL BANK OF CANADA | Added | +1.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +1.2m |
| M&G PLC | Added | +771.8k |
| Boston Partners | Added | +744.1k |
| Squarepoint Ops LLC | Added | +688.3k |
| JPMORGAN CHASE & CO | Added | +561.7k |
| BANK OF AMERICA CORP /DE/ | Added | +426.4k |
| RTW INVESTMENTS, LP | Added | +401.0k |
| Invesco Ltd. | Added | +381.6k |
| MORGAN STANLEY | Added | +360.0k |
Biggest sellers
| Davis Selected Advisers | Reduced | -1.0m |
| NORDEA INVESTMENT MANAGEMENT AB | Reduced | -1.0m |
| AMERICAN CENTURY COMPANIES INC | Reduced | -417.6k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -324.3k |
| MARSHALL WACE, LLP | Reduced | -278.2k |
| Grantham, Mayo, Van Otterloo & Co. LLC | Reduced | -258.6k |
| Woodline Partners LP | Reduced | -232.2k |
| Balyasny Asset Management L.P. | Sold out | -207.3k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -159.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Sold out | -158.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $29.4m163.7k shares |
| CITADEL ADVISORS LLC | Reduced | $14.0m78.1k shares |
| JANE STREET GROUP, LLC | Reduced | $13.1m72.7k shares |
| Caption Management, LLC | Unchanged | $7.2m40.0k shares |
| Parallax Volatility Advisers, L.P. | Added | $6.9m38.3k shares |
| WOLVERINE TRADING, LLC | Added | $5.9m33.2k shares |
| IMC-Chicago, LLC | Reduced | $2.7m15.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $2.3m12.6k shares |
| SIMPLEX TRADING, LLC | Added | $1.9m10.6k shares |
| PEAK6 LLC | Added | $1.8m10.0k shares |
Biggest puts
| MILLENNIUM MANAGEMENT LLC | Reduced | $43.2m240.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $40.1m223.5k shares |
| SIMPLEX TRADING, LLC | Added | $8.8m49.1k shares |
| CITADEL ADVISORS LLC | Reduced | $7.5m41.6k shares |
| JPMORGAN CHASE & CO | Added | $7.4m41.4k shares |
| JANE STREET GROUP, LLC | Reduced | $6.3m34.9k shares |
| IMC-Chicago, LLC | Added | $4.8m26.8k shares |
| WOLVERINE TRADING, LLC | Reduced | $4.2m23.6k shares |
| GROUP ONE TRADING LLC | Added | $3.7m20.7k shares |
| Caption Management, LLC | New | $2.9m16.0k 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 2025-04-17 | 8.4% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.5% |
Fell to 5% or below in the last year: PRICE T ROWE ASSOCIATES INC /MD/ (4.9%, 2026-08-14), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 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 |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 3 | $2.1m | $1.7m |
| Q2 2024 | 0 | — | 1 | $246.4k | $246.4k |
| Q3 2024 | 0 | — | 3 | $5.4m | — |
| Q4 2024 | 0 | — | 4 | $14.3m | — |
| Q1 2025 | 0 | — | 5 | $2.9m | $2.5m |
| Q2 2025 | 0 | — | 3 | $7.3m | $7.3m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-05-13 | DELANEY MARK E SVP & Chief Commercial Officer | Sold plan | $153.2k874 shares |
| 2025-05-12 | DELANEY MARK E SVP & Chief Commercial Officer | Sold plan | $153.6k874 shares |
| 2025-04-02 | Davis J. E. CEO and President, director | Sold plan | $6.6m39.2k shares |
| 2025-04-02 | KUPPUSAMY KARTHIK SVP, Clinical Solutions | Sold plan | $434.4k2.6k 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, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 14.2m $2.6bn | Added +296.9k |
| BlackRock, Inc. 0.04% of their portfolio | 10.3m $1.9bn | Added +215.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.15% of their portfolio | 7.2m $1.3bn | Added +1.2m |
| STATE STREET CORP 0.03% of their portfolio | 5.2m $931.4m | Added +8.1k |
| JPMORGAN CHASE & CO 0.05% of their portfolio | 4.3m $778.1m | Added +561.7k |
| Boston Partners 0.61% of their portfolio | 3.0m $545.3m | Added +744.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 3.0m $533.6m | Added +208.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.33% of their portfolio | 2.8m $504.6m | Reduced -324.3k |
| MORGAN STANLEY 0.03% of their portfolio | 2.1m $385.3m | Added +360.0k |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 1.9m $341.5m | Reduced -11.2k |
| WELLS FARGO & COMPANY/MN 0.07% of their portfolio | 1.8m $329.9m | Added +64.1k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 1.8m $319.1m | Added +1.3m |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.95% of their portfolio | 1.7m $314.0m | Reduced -258.6k |
| Invesco Ltd. 0.05% of their portfolio | 1.7m $297.9m | Added +381.6k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 1.6m $287.3m | Added +426.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio | 1.6m $287.3m | Reduced -159.0k |
| Davis Selected Advisers 1.30% of their portfolio | 1.4m $243.3m | Reduced -1.0m |
| NORGES BANK 0.03% of their portfolio | 1.3m $238.1m | Added +36.2k |
| ALLIANCEBERNSTEIN L.P. 0.07% of their portfolio | 1.2m $223.1m | Added +64.3k |
| FMR LLC 0.01% of their portfolio | 1.2m $221.9m | Added +254.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 1.2m $218.5m | Added +203.5k |
| FIDUCIARY MANAGEMENT INC /WI/ 2.04% of their portfolio | 1.2m $212.9m | Reduced -66.1k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 1.2m $211.7m | Added +6.6k |
| M&G PLC 1.06% of their portfolio | 1.1m $193.1m | Added +771.8k |
| UBS Group AG 0.04% of their portfolio | 978.5k $175.8m | Added +36.8k |
| Squarepoint Ops LLC 0.33% of their portfolio | 843.3k $151.5m | Added +688.3k |
| AMERIPRISE FINANCIAL INC 0.04% of their portfolio | 841.6k $151.2m | Reduced -119.5k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 821.6k $147.6m | Reduced -47.8k |
| AMERICAN CENTURY COMPANIES INC 0.08% of their portfolio | 794.3k $142.7m | Reduced -417.6k |
| DekaBank Deutsche Girozentrale 0.24% of their portfolio | 748.7k $132.8m | Reduced -17.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 746.6k $134.1m | Added +5.7k |
| Legal & General Group Plc 0.03% of their portfolio | 733.6k $131.8m | Reduced -25.2k |
| NEUBERGER BERMAN GROUP LLC 0.10% of their portfolio | 716.3k $128.6m | Added +79.8k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 645.7k $116.0m | Reduced -100.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio | 561.6k $100.9m | Reduced -6.8k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 537.8k $96.6m | Reduced -54.8k |
| RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio | 510.6k $91.7m | Reduced -38.6k |
| RTW INVESTMENTS, LP 1.28% of their portfolio | 500.0k $89.8m | Added +401.0k |
| CRAWFORD INVESTMENT COUNSEL INC 1.52% of their portfolio | 485.0k $87.1m | Reduced -14.2k |
| Amundi 0.03% of their portfolio | 443.6k $78.3m | Reduced -136.8k |
| Qube Research & Technologies Ltd 0.10% of their portfolio | 417.5k $75.0m | Reduced -19.8k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.70% of their portfolio | 408.2k $73.3m | Reduced -23.1k |
| California Public Employees Retirement System 0.05% of their portfolio | 406.3k $73.0m | Reduced -85.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.07% of their portfolio | 403.6k $72.5m | Added +336.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 394.0k $70.8m | Added +47.4k |
| CANADA LIFE ASSURANCE Co 0.11% of their portfolio | 386.1k $69.4m | Added +30.4k |
| BARCLAYS PLC 0.03% of their portfolio | 356.4k $64.0m | Reduced -31.1k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.05% of their portfolio | 353.8k $63.5m | Added +122.6k |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 351.6k $63.2m | Reduced -114.9k |
| Nuveen, LLC 0.02% of their portfolio | 339.2k $60.9m | Added +10.7k |
| Swiss National Bank 0.04% of their portfolio | 337.9k $60.7m | Added +23.1k |
| Pictet Asset Management Holding SA 0.06% of their portfolio | 319.5k $57.4m | Added +57.9k |
| Allianz Asset Management GmbH 0.07% of their portfolio | 304.4k $54.7m | Reduced -84.7k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.13% of their portfolio | 293.9k $52.8m | Added +217.2k |
| CITIGROUP INC 0.04% of their portfolio | 293.7k $52.8m | Added +153.2k |
| MACQUARIE GROUP LTD 0.06% of their portfolio | 291.9k $52.4m | Reduced -16.0k |
| Advisors Capital Management, LLC 0.70% of their portfolio | 283.4k $50.9m | Added +32.1k |
| Bahl & Gaynor LLC 0.26% of their portfolio | 281.0k $50.5m | Reduced -33.8k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 279.7k $50.2m | Reduced -7.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 275.1k $49.4m | Reduced -3.1k |
| Candriam S.C.A. 0.28% of their portfolio | 265.8k $47.7m | Reduced -12.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 247.2k $44.4m | Reduced -120.1k |
| NORDEA INVESTMENT MANAGEMENT AB 0.04% of their portfolio | 227.4k $40.5m | Reduced -1.0m |
| National Pension Service 0.04% of their portfolio | 227.2k $40.8m | Reduced -198 |
| APG Asset Management N.V. 0.10% of their portfolio | 224.9k $34.4m | Added +45.0k |
| Artemis Investment Management LLP 0.52% of their portfolio | 223.4k $40.1m | New |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 222.3k $39.9m | Reduced -7.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 220.1k $39.5m | Reduced -5.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 216.1k $38.8m | Added +18.3k |
| MARSHALL WACE, LLP 0.04% of their portfolio | 205.1k $36.8m | Reduced -278.2k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 202.0k $36.3m | Reduced -10.3k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.06% of their portfolio | 198.5k $35.6m | Reduced -21.3k |
| Skandinaviska Enskilda Banken AB (publ) 0.15% of their portfolio | 189.2k $34.0m | Added +56.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 189.0k $33.9m | Added +18.2k |
| 8 KNOTS MANAGEMENT, LLC 4.54% of their portfolio | 176.5k $31.7m | Added +53.0k |
| Copeland Capital Management, LLC 0.65% of their portfolio | 176.3k $31.7m | Reduced -20.0k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.56% of their portfolio | 174.3k $31.3m | Reduced -18.1k |
| COOKSON PEIRCE & CO INC 1.34% of their portfolio | 169.8k $30.5m | Reduced -2.8k |
| MACKENZIE FINANCIAL CORP 0.04% of their portfolio | 156.5k $28.1m | Added +143.9k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 155.2k $27.9m | Added +139.9k |
| Coho Partners, Ltd. 2.07% of their portfolio | 154.5k $27.7m | Reduced -27.8k |
| Integral Health Asset Management, LLC 2.52% of their portfolio | 150.0k $26.9m | New |
| Woodline Partners LP 0.14% of their portfolio | 148.5k $26.7m | Reduced -232.2k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 140.1k $25.2m | Added +76.0k |
| Achmea Investment Management B.V. 0.32% of their portfolio | 137.0k $24.6m | Added +563 |
| Willis Investment Counsel 1.44% of their portfolio | 136.9k $24.6m | Added +16.8k |
| BRAUN STACEY ASSOCIATES INC 0.88% of their portfolio | 136.0k $24.4m | New |
| NATIXIS ADVISORS, LLC 0.04% of their portfolio | 129.1k $23.2m | Added +16.9k |
| Rockefeller Capital Management L.P. 0.03% of their portfolio | 128.8k $23.1m | Added +111.7k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.15% of their portfolio | 123.9k $22.3m | Reduced -12.2k |
| TD Asset Management Inc 0.02% of their portfolio | 121.0k $21.7m | Added +18.5k |
| AEGON ASSET MANAGEMENT UK Plc 0.27% of their portfolio | 118.4k $21.2m | Reduced -24.2k |
| Treasurer of the State of North Carolina 0.07% of their portfolio | 116.0k $20.8m | Added +42.7k |
| Robeco Institutional Asset Management B.V. 0.03% of their portfolio | 115.9k $20.8m | Reduced -5.9k |
| STIFEL FINANCIAL CORP 0.02% of their portfolio | 115.7k $20.8m | Reduced -10.3k |
| TOCQUEVILLE ASSET MANAGEMENT L.P. 0.31% of their portfolio | 111.4k $20.0m | Reduced -2.5k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.13% of their portfolio | 108.0k $19.4m | Reduced -44 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 104.6k $18.8m | Added +730 |
| Aberdeen Group plc 0.03% of their portfolio | 104.3k $18.7m | Added +15.2k |
| Moran Wealth Management, LLC 0.57% of their portfolio | 103.3k $18.6m | New |