Quest Diagnostics (DGX) is Davis Opportunity Fund's Largest

Quest Diagnostics (DGX) is Davis Opportunity Fund's Largest Position


Quest Diagnostics (DGX) is Davis Opportunity Fund’s Largest Position
Davis Funds, an investment management firm, published its “Davis Opportunity Fund” fourth quarter 2020 investor letter – a copy of which can be downloaded here.  A return of 7.43% was recorded by the fund’s Class A shares for the year end of 2020, below its S&P 500 benchmark that delivered an 18.40% gains in the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Davis Opportunity Fund, in their Q4 2020 investor letter, mentioned Quest Diagnostics Incorporated (NYSE: DGX) and shared their insights on the company. Quest Diagnostics Incorporated is a Secaucus, New Jersey-based diagnostic information services provider that currently has a $17.2 market capitalization. Since the beginning of the year, DGX delivered a 7.85% return, extending its 12-month gains to 46.32%. As of April 06, 2021, the stock closed at $128.31 per share.

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