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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
LOIM
301
Liberty One Investment Management
Illinois
$55.4M +$23.7M +78,407 +96%
LWIC
302
Leith Wheeler Investment Counsel
British Columbia, Canada
$54.7M +$33.6M +111,024 +235%
BTW
303
Boston Trust Walden
Massachusetts
$53.8M -$14.5M -48,057 -24%
PCM
304
Parsifal Capital Management
Connecticut
$53.4M -$9.22M -30,491 -16%
AssetMark Inc
305
AssetMark Inc
California
$53.2M +$6.35M +20,986 +16%
DCM
306
Donaldson Capital Management
Indiana
$53.1M +$2.29M +7,570 +5%
Mawer Investment Management
307
Mawer Investment Management
Alberta, Canada
$52.6M -$274M -907,064 -86%
URS
308
Utah Retirement Systems
Utah
$51.9M -$213K -703 -0.5%
NP
309
NS Partners
United Kingdom
$51.6M +$7.27M +24,032 +19%
SA
310
Sanctuary Advisors
Indiana
$51.1M +$6.79M +22,436 +18%
VDI
311
Vaughan David Investments
Illinois
$50.7M +$496K +1,641 +1%
PFSRSONJ
312
Police & Firemen's Retirement System of New Jersey
New Jersey
$50.6M +$2.56M +8,461 +6%
Robeco Institutional Asset Management
313
Robeco Institutional Asset Management
Netherlands
$50.5M -$16.9M -56,000 -28%
Mercer Global Advisors
314
Mercer Global Advisors
Colorado
$50.3M +$44.1M +145,658 New
EWM
315
Evercore Wealth Management
New York
$50.3M -$49.7M -164,282 -53%
VMPIC
316
Varma Mutual Pension Insurance Co
Finland
$50.2M +$5.99M +19,800 +16%
MML Investors Services
317
MML Investors Services
Massachusetts
$50.2M -$13.1M -43,227 -23%
SCP
318
Seizert Capital Partners
Michigan
$50.2M +$3.15M +10,427 +8%
KAS
319
Kestra Advisory Services
Texas
$49.7M +$12.1M +39,850 +38%
TWC
320
TD Waterhouse Canada
Ontario, Canada
$49.3M -$377K -1,247 -0.9%
PI
321
PineBridge Investments
New York
$49.2M +$1.7M +5,626 +4%
GIM
322
Generate Investment Management
New Zealand
$49.2M +$2.26M +7,486 +6%
GI
323
Gradient Investments
Minnesota
$48.9M +$5.54M +18,319 +15%
Baird Financial Group
324
Baird Financial Group
Wisconsin
$48.5M -$9.72M -32,145 -19%
LFCM
325
Long Focus Capital Management
Puerto Rico
$48.1M +$26.4M +87,200 +168%

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.