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Elevance Health

1,510 hedge funds and large institutions have $63.3B invested in Elevance Health in 2025 Q3 according to their latest regulatory filings, with 165 funds opening new positions, 531 increasing their positions, 608 reducing their positions, and 223 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more call options, than puts

Call options by funds: $953M | Put options by funds: $837M

0% more funds holding in top 10

Funds holding in top 10: 3232 (0)

3.76% less ownership

Funds ownership: 90.78%87.02% (-3.8%)

5% less funds holding

Funds holding: 1,5891,510 (-79)

13% less repeat investments, than reductions

Existing positions increased: 531 | Existing positions reduced: 608

21% less capital invested

Capital invested by funds: $79.7B → $63.3B (-$16.4B)

26% less first-time investments, than exits

New positions opened: 165 | Existing positions closed: 223

Holders
1,510
Holders Change
-79
Holders Change %
-4.97%
% of All Funds
19.82%
Holding in Top 10
32
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.42%
New
165
Increased
531
Reduced
608
Closed
223
Calls
$953M
Puts
$837M
Net Calls
+$117M
Net Calls Change
-$94.6M
Name Holding Trade Value Shares
Change
Change in
Stake
CDDEC
851
Caisse Des Depots Et Consignations
France
$636K -$161K -518 -21%
SLI
852
Sumitomo Life Insurance
Japan
$636K -$24.9K -80 -4%
BCM
853
Barden Capital Management
Texas
$632K -$69.7K -224 -10%
PIA
854
Perennial Investment Advisors
California
$631K +$407K +1,309 +203%
KFSC
855
Keystone Financial Services (Colorado)
Colorado
$625K +$60.3K +194 +11%
NG
856
Novem Group
New York
$620K +$54.4K +175 +10%
NP
857
Nilsine Partners
Colorado
$620K +$9.02K +29 +2%
FMC
858
First Merchants Corp
Indiana
$618K
SM
859
Stonegate Management
Illinois
$617K +$594K +1,910 New
BC
860
Bridgefront Capital
Texas
$616K +$592K +1,905 New
SMH
861
Sanders Morris Harris
Texas
$614K +$591K +1,900 New
VI
862
Versor Investments
New York
$613K -$1.09M -3,500 -65%
OWA
863
Octavia Wealth Advisors
Ohio
$613K +$288K +927 +96%
LS
864
Livforsakringsbolaget Skandia
Sweden
$613K -$9.84M -31,640 -94%
FFG
865
Frisch Financial Group
New York
$608K +$3.11K +10 +0.5%
TFG
866
Taylor Financial Group
Virginia
$603K
AC
867
AXQ Capital
New Jersey
$601K +$578K +1,860 New
GC
868
Garde Capital
Washington
$598K
EWM
869
Empirical Wealth Management
Washington
$597K +$8.71K +28 +2%
SMA
870
Sage Mountain Advisors
Georgia
$597K +$88.6K +285 +18%
FPL
871
Fortress Private Ledger
North Carolina
$596K +$118K +381 +26%
PP
872
PDS Planning
Ohio
$593K -$183K -587 -24%
CNBT
873
Canandaigua National Bank & Trust
New York
$593K +$570K +1,834 New
Fuller & Thaler Asset Management
874
Fuller & Thaler Asset Management
California
$588K
MCC
875
Malaga Cove Capital
California
$585K +$300K +966 +114%

ELV Hedge Fund Activity: Q3 2025 in Review

1,510 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Elevance Health (ELV) for Q3 2025, worth a combined $63.3B — down 21% from $79.7B a quarter earlier.

Sellers outnumbered buyers: 223 funds closed out of ELV and 165 opened new positions — a net loss of 58 holders — while 608 trimmed existing stakes and 531 added.

The largest buyer was Harris Associates, adding an estimated $281M. The largest seller was Capital International Investors, cutting an estimated $1.1B.

  • 1,510 institutional investors held Elevance Health (ELV) as of Q3 2025, down from 1,589 in Q2 2025.
  • Funds reported $63.3B of Elevance Health stock for Q3 2025, down 21% quarter-over-quarter.
  • 165 funds opened new Elevance Health positions in Q3 2025 and 223 closed out, a net change of -58 holders.
  • The largest Elevance Health buyer in Q3 2025 was Harris Associates, an estimated $281M added.
  • The largest Elevance Health seller in Q3 2025 was Capital International Investors, an estimated $1.1B sold.

Based on aggregated 13F filings for Q3 2025.