Humana
786 hedge funds and large institutions have $20B invested in Humana in 2026 Q1 according to their latest regulatory filings, with 103 funds opening new positions, 251 increasing their positions, 326 reducing their positions, and 171 closing their positions.
12% more call options, than puts
Call options by funds: $925M | Put options by funds: $827M
4.11% less ownership
Funds ownership: 100.12% → 96.01% (-4.1%)
9% less funds holding
Funds holding: 866 → 786 (-80)
23% less repeat investments, than reductions
Existing positions increased: 251 | Existing positions reduced: 326
35% less capital invested
Capital invested by funds: $30.8B → $20B (-$10.9B)
40% less first-time investments, than exits
New positions opened: 103 | Existing positions closed: 171
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sessa Capital
New York
|
+$289M |
| 2 |
Pzena Investment Management
New York
|
+$287M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$225M |
| 4 |
Goldman Sachs
New York
|
+$190M |
| 5 |
NCMU
NAYA Capital Management (UK)
London,
United Kingdom
|
+$86.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$785M |
| 2 |
JP Morgan Chase
New York
|
-$321M |
| 3 |
Bank of New York Mellon
New York
|
-$303M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$201M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$175M |
HUM Hedge Fund Activity: Q1 2026 in Review
786 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in Humana (HUM) for Q1 2026, worth a combined $20B — down 35% from $30.8B a quarter earlier.
Sellers outnumbered buyers: 171 funds closed out of HUM and 103 opened new positions — a net loss of 68 holders — while 326 trimmed existing stakes and 251 added.
The largest buyer was Sessa Capital, adding an estimated $289M. The largest seller was Capital International Investors, cutting an estimated $785M.
- 786 institutional investors held Humana (HUM) as of Q1 2026, down from 866 in Q4 2025.
- Funds reported $20B of Humana stock for Q1 2026, down 35% quarter-over-quarter.
- 103 funds opened new Humana positions in Q1 2026 and 171 closed out, a net change of -68 holders.
- The largest Humana buyer in Q1 2026 was Sessa Capital, an estimated $289M added.
- The largest Humana seller in Q1 2026 was Capital International Investors, an estimated $785M sold.
Based on aggregated 13F filings for Q1 2026.