Starboard Value’s Humana HUM Stock Holding History

Starboard Value’s Portfolio HUM Stock Details HUM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2024 Q4	–	Sell	-191,000	Closed	-$60.5M	–	23
2024 Q3	$60.5M	Sell	191,000 -316,000	-62%	-$112M	1.29%	16
2024 Q2	$189M	Sell	507,000 -469,000	-48%	-$158M	4.41%	11
2024 Q1	$338M	Sell	976,000 -18,146	-2%	-$6.88M	6.99%	6
2023 Q4	$455M	Buy	994,146 +153,146	+18%	+$75.5M	9.47%	2
2023 Q3	$409M	Sell	841,000 -44,000	-5%	-$20.7M	10.48%	2
2023 Q2	$396M	Buy	885,000 +85,000	+11%	+$42.8M	8.55%	4
2023 Q1	$388M	Buy	800,000 +25,000	+3%	+$12.4M	7.79%	6
2022 Q4	$397M	Sell	775,000 -178,000	-19%	-$93.6M	7.61%	6
2022 Q3	$462M	Sell	953,000 -7,000	-0.7%	-$3.4M	10.17%	3
2022 Q2	$449M	Sell	960,000 -8,200	-0.8%	-$3.65M	8.17%	3
2022 Q1	$421M	Buy	+968,200	New	+$405M	5.59%	6
2015 Q3	–	Sell	-20,000	Closed	-$3.83M	–	38
2015 Q2	$3.83M	Buy	+20,000	New	+$3.71M	0.09%	34

Other funds holding HUM

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Dodge & Cox San Francisco, California $182B AUM 14.68% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Pzena Investment Management New York $30.8B AUM 11.29% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Eagle Capital Management (New York) New York $29.8B AUM 12.13% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Starboard Value's HUM Position: Q4 2024 in Review

Starboard Value sold out of Humana (HUM) in Q4 2024, closing a stake of 191,000 shares — an estimated $60.5M sold.

Starboard Value first reported a position in HUM in Q2 2015 and held it in 12 quarters. The position peaked at $462M in Q3 2022. 877 funds tracked by Wall St. Rank hold HUM as of Q4 2024.

Starboard Value reported no remaining Humana position as of Q4 2024 after selling out during the quarter.
Starboard Value sold 191,000 Humana shares in Q4 2024, an estimated $60.5M.
Starboard Value first reported a position in Humana in Q2 2015 and held it in 12 quarters.
Starboard Value's Humana position peaked at $462M in Q3 2022.
877 funds tracked by Wall St. Rank held Humana as of Q4 2024.

Based on Starboard Value's 13F filing for Q4 2024, filed 14 Feb 2025.