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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
BBHC
976
Brown Brothers Harriman & Co
New York
$427K +$238K +765 +138%
JHC
977
J. Hagan Capital
Kentucky
$426K +$32.7K +105 +9%
SIC
978
Salem Investment Counselors
North Carolina
$424K
PFS
979
Prospera Financial Services
Texas
$422K -$1.28M -4,112 -76%
AIA
980
Affinity Investment Advisors
California
$422K +$13.7K +44 +3%
FB
981
Finward Bancorp
Indiana
$421K
Dodge & Cox
982
Dodge & Cox
California
$420K
AWM
983
Avior Wealth Management
Nebraska
$418K -$5.29K -17 -1%
EWM
984
Evermay Wealth Management
Virginia
$416K +$15.6K +50 +4%
HWMG
985
Hurlow Wealth Management Group
Indiana
$415K -$1.24K -4 -0.3%
DP
986
Dearborn Partners
Illinois
$414K -$156K -500 -28%
TFIPS
987
Towarzystwo Funduszy Inwestycyjnych PZU SA
$414K
KHCM
988
Kirtland Hills Capital Management
Ohio
$412K -$78.4K -252 -17%
DCM
989
Donaldson Capital Management
Indiana
$412K -$52.6K -169 -12%
BFG
990
Beacon Financial Group
Texas
$407K +$15.2K +49 +4%
CCFM
991
Clear Creek Financial Management
Washington
$407K +$184K +590 +88%
WB
992
WesBanco Bank
West Virginia
$406K -$933 -3 -0.2%
SWA
993
Stratos Wealth Advisors
Ohio
$406K +$391K +1,258 New
LGA
994
Lebenthal Global Advisors
New York
$406K -$89.6K -288 -19%
CT
995
Colonial Trust
South Carolina
$406K +$8.4K +27 +2%
Los Angeles Capital Management
996
Los Angeles Capital Management
California
$404K -$1.21M -3,905 -76%
Federated Hermes
997
Federated Hermes
Pennsylvania
$401K -$7.89M -25,361 -95%
HWMO
998
Heritage Wealth Management (Ohio)
Ohio
$399K +$14K +45 +4%
EHWM
999
Eads & Heald Wealth Management
Georgia
$398K +$121K +390 +46%
CWM
1000
Compass Wealth Management
Connecticut
$394K -$15.6K -50 -4%

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.