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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
SOMRS
201
State of Michigan Retirement System
Michigan
$30.3M
MC
202
MIG Capital
California
$30.2M -$12.1M -30,184 -30%
BTCPP
203
Border to Coast Pensions Partnership
United Kingdom
$29.6M
ASRS
204
Arizona State Retirement System
Arizona
$29.6M +$473K +1,178 +2%
RPI
205
Railway Pension Investments
United Kingdom
$28.6M -$12.1M -30,200 -31%
PCM
206
Polaris Capital Management
Massachusetts
$28.3M -$3.22M -8,028 -11%
IHAM
207
Integral Health Asset Management
New York
$28.3M +$26.1M +65,000 New
TW
208
Trajan Wealth
Arizona
$28.2M +$4.98M +12,400 +24%
Cerity Partners
209
Cerity Partners
New York
$27.7M +$283K +704 +1%
TS
210
Tamar Securities
California
$27.7M +$9.68M +24,109 +61%
SCM
211
Stanley Capital Management
Texas
$27.5M
Handelsbanken Fonder
212
Handelsbanken Fonder
Sweden
$27.4M -$229K -570 -0.9%
DCP
213
Distillate Capital Partners
Illinois
$27.2M -$6.95M -17,314 -22%
MIM
214
MetLife Investment Management
New Jersey
$26.9M -$468K -1,166 -2%
DZ Bank
215
DZ Bank
Germany
$26.8M +$21.7M +54,118 +716%
Cetera Investment Advisers
216
Cetera Investment Advisers
Illinois
$26.1M +$3.96M +9,855 +20%
US Bancorp
217
US Bancorp
Minnesota
$26M -$612K -1,524 -2%
CF
218
Corebridge Financial
Texas
$25.8M -$865K -2,154 -4%
PIC
219
Portland Investment Counsel
Ontario, Canada
$25.3M
GWM
220
Geneos Wealth Management
Colorado
$24.9M +$13.6M +33,872 +145%
Mercer Global Advisors
221
Mercer Global Advisors
Colorado
$24.6M +$4.11M +10,246 +22%
PCH
222
Polar Capital Holdings
United Kingdom
$24.4M +$4.82M +12,000 +27%
IMRF
223
Illinois Municipal Retirement Fund
Illinois
$23.7M +$3.41M +8,496 +18%
CII
224
Capital International Inc
California
$23.7M +$4.08M +10,163 +23%
CS
225
Candriam SCA
Luxembourg
$23.4M -$8.29M -20,660 -28%

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.