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UnitedHealth

3,160 hedge funds and large institutions have $253B invested in UnitedHealth in 2025 Q3 according to their latest regulatory filings, with 333 funds opening new positions, 1,275 increasing their positions, 1,321 reducing their positions, and 298 closing their positions.

New
Increased
Maintained
Reduced
Closed

36% more funds holding in top 10

Funds holding in top 10: 7399 (+26)

19% more call options, than puts

Call options by funds: $24.6B | Put options by funds: $20.7B

12% more first-time investments, than exits

New positions opened: 333 | Existing positions closed: 298

5% more capital invested

Capital invested by funds: $242B → $253B (+$11.9B)

1% less funds holding

Funds holding: 3,1783,160 (-18)

3% less repeat investments, than reductions

Existing positions increased: 1,275 | Existing positions reduced: 1,321

4.24% less ownership

Funds ownership: 85.3%81.06% (-4.2%)

Holders
3,160
Holders Change
-18
Holders Change %
-0.57%
% of All Funds
41.46%
Holding in Top 10
99
Holding in Top 10 Change
+26
Holding in Top 10 Change %
+35.62%
% of All Funds
1.3%
New
333
Increased
1,275
Reduced
1,321
Closed
298
Calls
$24.6B
Puts
$20.7B
Net Calls
+$3.92B
Net Calls Change
+$739M
Name Holding Trade Value Shares
Change
Change in
Stake
ASRS
226
Arizona State Retirement System
Arizona
$91.5M -$740K -2,446 -0.9%
CBU
227
CIBC Bancorp USA
Illinois
$91.3M +$80M +264,533 New
Cerity Partners
228
Cerity Partners
New York
$91.1M -$13.1M -43,468 -14%
TIAA Trust, National Association
229
TIAA Trust, National Association
North Carolina
$90.6M +$22.1M +73,030 +39%
CRM
230
Cardano Risk Management
Netherlands
$90.4M -$506K -1,673 -0.6%
Creative Planning
231
Creative Planning
Kansas
$89.8M +$6.82M +22,555 +9%
M&T Bank
232
M&T Bank
New York
$89.8M -$7M -23,149 -8%
ProShare Advisors
233
ProShare Advisors
Maryland
$89.3M -$6.22M -20,569 -7%
BGCP
234
Bristol Gate Capital Partners
Ontario, Canada
$88.4M +$32.5M +107,494 +72%
SOMRS
235
State of Michigan Retirement System
Michigan
$88.1M -$514K -1,700 -0.7%
Northwestern Mutual Wealth Management
236
Northwestern Mutual Wealth Management
Wisconsin
$87.4M +$3.13M +10,346 +4%
HPG
237
Harvest Portfolios Group
Ontario, Canada
$86.8M +$17.7M +58,544 +30%
BPC
238
Banque Pictet & Cie
Switzerland
$86.7M +$2.72M +8,994 +4%
Hudson Bay Capital Management
239
Hudson Bay Capital Management
Connecticut
$86.3M -$26.1M -86,300 -26%
Calamos Advisors
240
Calamos Advisors
Illinois
$85.2M -$12.2M -40,212 -14%
Nisa Investment Advisors
241
Nisa Investment Advisors
Missouri
$85.1M -$1.62M -5,348 -2%
BPCE
242
Bank Pictet & Cie (Europe)
Germany
$84.9M +$1.02M +3,370 +1%
Lord, Abbett & Co
243
Lord, Abbett & Co
New Jersey
$83.5M +$57.2K +189 +0.1%
Westfield Capital Management
244
Westfield Capital Management
Massachusetts
$83.2M +$3.32M +10,977 +5%
Acadian Asset Management
245
Acadian Asset Management
Massachusetts
$81.8M -$25.7M -84,970 -26%
CCM
246
Cullen Capital Management
New York
$81.7M +$71.6M +236,676 New
AIM
247
AXA Investment Managers
France
$81.5M +$71.4M +236,059 New
CS
248
Candriam SCA
Luxembourg
$80.5M +$11.5M +38,075 +20%
CNB
249
Czech National Bank
Czech Republic
$79.4M +$2.51M +8,297 +4%
Mirae Asset Global Investments
250
Mirae Asset Global Investments
South Korea
$79.3M +$22.6M +74,799 +48%

UNH Hedge Fund Activity: Q3 2025 in Review

3,160 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in UnitedHealth (UNH) for Q3 2025, worth a combined $253B — up 4.9% from $242B a quarter earlier.

Buyers outnumbered sellers: 333 funds opened new UNH positions and 298 closed out — a net gain of 35 holders — while 1,275 added to existing stakes and 1,321 trimmed.

The largest buyer was Capital Research Global Investors, adding an estimated $2.21B. The largest seller was Wellington Management Group, cutting an estimated $2.33B.

  • 3,160 institutional investors held UnitedHealth (UNH) as of Q3 2025, down from 3,178 in Q2 2025.
  • Funds reported $253B of UnitedHealth stock for Q3 2025, up 4.9% quarter-over-quarter.
  • 333 funds opened new UnitedHealth positions in Q3 2025 and 298 closed out, a net change of +35 holders.
  • The largest UnitedHealth buyer in Q3 2025 was Capital Research Global Investors, an estimated $2.21B added.
  • The largest UnitedHealth seller in Q3 2025 was Wellington Management Group, an estimated $2.33B sold.

Based on aggregated 13F filings for Q3 2025.