UnitedHealth
UNH
3,411 hedge funds and large institutions have $437B invested in UnitedHealth in 2023 Q4 according to their latest regulatory filings, with 416 funds opening new positions, 1,422 increasing their positions, 1,238 reducing their positions, and 89 closing their positions.
367% more first-time investments, than exits
New positions opened: 416 | Existing positions closed: 89
15% more repeat investments, than reductions
Existing positions increased: 1,422 | Existing positions reduced: 1,238
9% more funds holding
Funds holding: 3,137 → 3,411 (+274)
7% more capital invested
Capital invested by funds: $407B → $437B (+$29.3B)
2.42% more ownership
Funds ownership: 87.26% → 89.69% (+2.4%)
4% more call options, than puts
Call options by funds: $4.6B | Put options by funds: $4.41B
11% less funds holding in top 10
Funds holding in top 10: 407 → 364 (-43)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.51B |
| 2 |
Jennison Associates
New York
|
+$638M |
| 3 |
State Street
Boston,
Massachusetts
|
+$582M |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$435M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$336M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$941M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
-$745M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$441M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$429M |
| 5 |
Sanders Capital
West Palm Beach,
Florida
|
-$423M |
UNH Hedge Fund Activity: Q4 2023 in Review
3,411 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in UnitedHealth (UNH) for Q4 2023, worth a combined $437B — up 7.2% from $407B a quarter earlier.
Buyers outnumbered sellers: 416 funds opened new UNH positions and 89 closed out — a net gain of 327 holders — while 1,422 added to existing stakes and 1,238 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $9.51B. The largest seller was Fidelity Investments, cutting an estimated $941M.
- 3,411 institutional investors held UnitedHealth (UNH) as of Q4 2023, up from 3,137 in Q3 2023.
- Funds reported $437B of UnitedHealth stock for Q4 2023, up 7.2% quarter-over-quarter.
- 416 funds opened new UnitedHealth positions in Q4 2023 and 89 closed out, a net change of +327 holders.
- The largest UnitedHealth buyer in Q4 2023 was Morgan Stanley, an estimated $9.51B added.
- The largest UnitedHealth seller in Q4 2023 was Fidelity Investments, an estimated $941M sold.
Based on aggregated 13F filings for Q4 2023.