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Elevance Health

1,110 hedge funds and large institutions have $67.4B invested in Elevance Health in 2019 Q4 according to their latest regulatory filings, with 195 funds opening new positions, 349 increasing their positions, 414 reducing their positions, and 83 closing their positions.

New
Increased
Maintained
Reduced
Closed

135% more first-time investments, than exits

New positions opened: 195 | Existing positions closed: 83

110% more funds holding in top 10

Funds holding in top 10: 2144 (+23)

24% more capital invested

Capital invested by funds: $54.3B → $67.4B (+$13.2B)

9% more funds holding

Funds holding: 1,0141,110 (+96)

0.4% less ownership

Funds ownership: 88.46%88.06% (-0.4%)

9% less call options, than puts

Call options by funds: $573M | Put options by funds: $631M

16% less repeat investments, than reductions

Existing positions increased: 349 | Existing positions reduced: 414

Holders
1,110
Holders Change
+96
Holders Change %
+9.47%
% of All Funds
21.87%
Holding in Top 10
44
Holding in Top 10 Change
+23
Holding in Top 10 Change %
+109.52%
% of All Funds
0.87%
New
195
Increased
349
Reduced
414
Closed
83
Calls
$573M
Puts
$631M
Net Calls
-$57.2M
Net Calls Change
+$54.3M
Name Holding Trade Value Shares
Change
Change in
Stake
First Eagle Investment Management
26
First Eagle Investment Management
New York
$605M +$93.8M +340,886 +20%
JP Morgan Chase
27
JP Morgan Chase
New York
$576M -$25.3M -92,098 -5%
VVP
28
Vulcan Value Partners
Alabama
$563M +$27.8M +101,202 +6%
UBS AM
29
UBS AM
Illinois
$550M -$72.3M -262,570 -13%
Legal & General Group
30
Legal & General Group
United Kingdom
$527M -$225K -816 -0%
Barrow, Hanley, Mewhinney & Strauss
31
Barrow, Hanley, Mewhinney & Strauss
Texas
$517M -$524M -1,905,345 -53%
DZ Bank
32
DZ Bank
Germany
$476M +$168M +611,901 +65%
CI Investments Inc
33
CI Investments Inc
Ontario, Canada
$423M -$108M -392,669 -22%
Charles Schwab
34
Charles Schwab
California
$407M +$5.87M +21,316 +2%
Allianz Asset Management
35
Allianz Asset Management
Germany
$395M -$69.4M -252,340 -16%
Morgan Stanley
36
Morgan Stanley
New York
$384M +$1.46M +5,294 +0.4%
Hotchkis & Wiley Capital Management
37
Hotchkis & Wiley Capital Management
California
$382M +$26.7M +96,973 +8%
FCM
38
Farallon Capital Management
California
$378M +$51.5M +187,117 +18%
Sumitomo Mitsui Trust Group
39
Sumitomo Mitsui Trust Group
Japan
$376M +$2.14M +7,781 +0.6%
AQR Capital Management
40
AQR Capital Management
Connecticut
$376M -$1.75M -6,357 -0.5%
Janus Henderson Group
41
Janus Henderson Group
United Kingdom
$374M -$170M -619,007 -33%
California Public Employees Retirement System
42
California Public Employees Retirement System
California
$367M -$5.22M -18,977 -2%
EVM
43
Eaton Vance Management
Massachusetts
$322M +$13.5M +48,976 +5%
CG
44
Carmignac Gestion
France
$305M -$7.37M -26,778 -3%
Grantham, Mayo, Van Otterloo & Co (GMO)
45
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$295M -$8.9M -32,331 -3%
PPA
46
Parametric Portfolio Associates
Washington
$291M +$4.91M +17,857 +2%
Ameriprise
47
Ameriprise
Minnesota
$277M +$37.7M +136,875 +18%
Swiss National Bank
48
Swiss National Bank
Switzerland
$264M -$11.4M -41,400 -5%
Lazard Asset Management
49
Lazard Asset Management
New York
$254M +$55.6M +202,126 +32%
Royal Bank of Canada
50
Royal Bank of Canada
Ontario, Canada
$253M +$99.6M +362,063 +76%

ELV Hedge Fund Activity: Q4 2019 in Review

1,110 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Elevance Health (ELV) for Q4 2019, worth a combined $67.4B — up 24% from $54.3B a quarter earlier.

Buyers outnumbered sellers: 195 funds opened new ELV positions and 83 closed out — a net gain of 112 holders — while 349 added to existing stakes and 414 trimmed.

The largest buyer was Capital International Investors, adding an estimated $357M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $524M.

  • 1,110 institutional investors held Elevance Health (ELV) as of Q4 2019, up from 1,014 in Q3 2019.
  • Funds reported $67.4B of Elevance Health stock for Q4 2019, up 24% quarter-over-quarter.
  • 195 funds opened new Elevance Health positions in Q4 2019 and 83 closed out, a net change of +112 holders.
  • The largest Elevance Health buyer in Q4 2019 was Capital International Investors, an estimated $357M added.
  • The largest Elevance Health seller in Q4 2019 was Barrow, Hanley, Mewhinney & Strauss, an estimated $524M sold.

Based on aggregated 13F filings for Q4 2019.