IDXX ranks #311 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
IDXX is a top-conviction position for Capital Counsel Llc/ny — at 8.6% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in IDXX belongs to BlackRock, Inc., but the position matters far more to Capital Counsel Llc/ny, who has 8.6% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Arrowstreet Capital, Limited Partnership has added to its IDXX position for two straight quarters, increasing it by $189.4M to reach $561.8M today.
BlackRock has trimmed its IDXX position for two straight quarters, cutting it by $1.5B while still holding $4.3B.
IDXX is down 2.1% today, but institutions show net buying of $19.0B this quarter — a divergence between today's price move and the underlying institutional flow.