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Elevance Health

1,661 hedge funds and large institutions have $88.7B invested in Elevance Health in 2025 Q1 according to their latest regulatory filings, with 217 funds opening new positions, 652 increasing their positions, 539 reducing their positions, and 135 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more first-time investments, than exits

New positions opened: 217 | Existing positions closed: 135

36% more call options, than puts

Call options by funds: $801M | Put options by funds: $588M

21% more repeat investments, than reductions

Existing positions increased: 652 | Existing positions reduced: 539

16% more capital invested

Capital invested by funds: $76.5B → $88.7B (+$12.2B)

13% more funds holding in top 10

Funds holding in top 10: 3843 (+5)

4% more funds holding

Funds holding: 1,6031,661 (+58)

0.18% more ownership

Funds ownership: 89.64%89.82% (+0.18%)

Holders
1,661
Holders Change
+58
Holders Change %
+3.62%
% of All Funds
22.27%
Holding in Top 10
43
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+13.16%
% of All Funds
0.58%
New
217
Increased
652
Reduced
539
Closed
135
Calls
$801M
Puts
$588M
Net Calls
+$214M
Net Calls Change
+$156M
Name Holding Trade Value Shares
Change
Change in
Stake
Principal Financial Group
101
Principal Financial Group
Iowa
$116M -$685K -1,707 -0.6%
Raymond James Financial
102
Raymond James Financial
Florida
$116M +$9.9M +24,656 +10%
Truist Financial
103
Truist Financial
North Carolina
$115M +$5.65M +14,072 +6%
BG
104
Baupost Group
Massachusetts
$107M +$98.8M +246,000 New
Royal London Asset Management
105
Royal London Asset Management
United Kingdom
$105M +$4.33M +10,792 +5%
MAMU
106
Marathon Asset Management (UK)
United Kingdom
$105M +$5.41M +13,470 +6%
D.E. Shaw & Co
107
D.E. Shaw & Co
New York
$105M -$187M -465,395 -66%
Bank of Montreal
108
Bank of Montreal
Ontario, Canada
$103M -$23.2M -57,697 -20%
State Board of Administration of Florida Retirement System
109
State Board of Administration of Florida Retirement System
Florida
$96.6M -$28.1K -70 -0%
HGIM
110
High Ground Investment Management
United Kingdom
$96.6M +$5.23M +13,020 +6%
Citadel Advisors
111
Citadel Advisors
Florida
$95.1M +$31.6M +78,755 +56%
Point72 Asset Management
112
Point72 Asset Management
Connecticut
$94.6M +$87.4M +217,598 New
DB
113
Danske Bank
Denmark
$93.9M +$28.5M +71,056 +49%
National Bank of Canada
114
National Bank of Canada
Quebec, Canada
$87.7M -$19.7M -49,145 -20%
Pzena Investment Management
115
Pzena Investment Management
New York
$87.4M +$2.8M +6,983 +4%
TD Asset Management
116
TD Asset Management
Ontario, Canada
$86.3M -$3.48M -8,675 -4%
Ensign Peak Advisors
117
Ensign Peak Advisors
Utah
$84.3M +$25.1M +62,619 +48%
New York State Teachers Retirement System (NYSTRS)
118
New York State Teachers Retirement System (NYSTRS)
New York
$83.1M -$2.97M -7,403 -4%
LCM
119
Lakewood Capital Management
New York
$82.7M +$4.62M +11,500 +6%
OAC
120
OMERS Administration Corp
Ontario, Canada
$81.9M -$49.1M -122,191 -39%
CB
121
Commerce Bank
Missouri
$79.6M -$2.76M -6,877 -4%
CIP
122
Cornerstone Investment Partners
Georgia
$77.4M +$10.3M +25,738 +17%
LPL Financial
123
LPL Financial
California
$77.4M +$282K +702 +0.4%
APG Asset Management
124
APG Asset Management
Netherlands
$77.3M -$5.55M -13,815 -7%
FGP
125
Freestone Grove Partners
California
$72.7M +$67.1M +167,256 New

ELV Hedge Fund Activity: Q1 2025 in Review

1,661 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Elevance Health (ELV) for Q1 2025, worth a combined $88.7B — up 16% from $76.5B a quarter earlier.

Buyers outnumbered sellers: 217 funds opened new ELV positions and 135 closed out — a net gain of 82 holders — while 652 added to existing stakes and 539 trimmed.

The largest buyer was Capital International Investors, adding an estimated $673M. The largest seller was T. Rowe Price Associates, cutting an estimated $592M.

  • 1,661 institutional investors held Elevance Health (ELV) as of Q1 2025, up from 1,603 in Q4 2024.
  • Funds reported $88.7B of Elevance Health stock for Q1 2025, up 16% quarter-over-quarter.
  • 217 funds opened new Elevance Health positions in Q1 2025 and 135 closed out, a net change of +82 holders.
  • The largest Elevance Health buyer in Q1 2025 was Capital International Investors, an estimated $673M added.
  • The largest Elevance Health seller in Q1 2025 was T. Rowe Price Associates, an estimated $592M sold.

Based on aggregated 13F filings for Q1 2025.