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UnitedHealth

3,024 hedge funds and large institutions have $203B invested in UnitedHealth in 2026 Q1 according to their latest regulatory filings, with 189 funds opening new positions, 1,192 increasing their positions, 1,391 reducing their positions, and 399 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more call options, than puts

Call options by funds: $15.6B | Put options by funds: $14.8B

0.6% less ownership

Funds ownership: 83%82.4% (-0.6%)

8% less funds holding

Funds holding: 3,2963,024 (-272)

14% less repeat investments, than reductions

Existing positions increased: 1,192 | Existing positions reduced: 1,391

18% less capital invested

Capital invested by funds: $248B → $203B (-$45.4B)

35% less funds holding in top 10

Funds holding in top 10: 7851 (-27)

53% less first-time investments, than exits

New positions opened: 189 | Existing positions closed: 399

Holders
3,024
Holders Change
-272
Holders Change %
-8.25%
% of All Funds
37.17%
Holding in Top 10
51
Holding in Top 10 Change
-27
Holding in Top 10 Change %
-34.62%
% of All Funds
0.63%
New
189
Increased
1,192
Reduced
1,391
Closed
399
Calls
$15.6B
Puts
$14.8B
Net Calls
+$770M
Net Calls Change
-$2.56B
Name Holding Trade Value Shares
Change
Change in
Stake
SPIA
401
Steward Partners Investment Advisory
New York
$26M -$2.44M -8,185 -8%
RBI
402
Raiffeisen Bank International
Austria
$25.9M +$2.69M +9,036 +10%
EPIM
403
Evelyn Partners Investment Management
$25.8M -$21.3M -71,430 -43%
Nordea Investment Management
404
Nordea Investment Management
Sweden
$25.3M +$1.11M +3,722 +4%
EI
405
Ethic Inc
New York
$25.2M -$238K -799 -0.8%
Ninety One (UK)
406
Ninety One (UK)
United Kingdom
$25.1M -$107K -360 -0.4%
AC
407
Allstate Corporation
Illinois
$25.1M +$7.07M +23,732 +34%
YCM
408
Yousif Capital Management
Michigan
$24.6M -$503K -1,690 -2%
PFPG
409
Pinnacle Financial Partners (Georgia)
Georgia
$24.6M -$1.24M -4,156 -4%
CM
410
Cercano Management
Washington
$24.6M
GPTE
411
Generali Powszechne Towarzystwo Emerytalne
Poland
$24.4M
BCM
412
Bridgeway Capital Management
Texas
$24.4M +$4.81M +16,135 +22%
AL
413
Appaloosa LP
New Jersey
$24.4M -$32.8M -110,000 -55%
NCM
414
Nearwater Capital Markets
Ireland
$24.4M +$26.8M +90,000 New
TH
415
TCTC Holdings
Texas
$23.9M +$152K +510 +0.6%
SCA
416
Snowden Capital Advisors
New York
$23.9M +$1.5M +5,043 +6%
GAM
417
Gotham Asset Management
New York
$23.3M +$8.91M +29,922 +53%
ACM
418
Academy Capital Management
Texas
$23M -$354K -1,190 -1%
EWM
419
Evercore Wealth Management
New York
$22.9M -$6.95M -23,350 -22%
TAM
420
Tocqueville Asset Management
New York
$22.8M -$701K -2,354 -3%
LOIM
421
Liberty One Investment Management
Illinois
$22.7M +$4M +13,423 +19%
BBVA
422
Banco Bilbao Vizcaya Argentaria
Spain
$22.6M -$3.22M -10,798 -11%
NA
423
NewEdge Advisors
Louisiana
$22.5M -$8.61M -28,917 -26%
CFB
424
Cullen/Frost Bankers
Texas
$22.3M +$2.68M +9,013 +12%
PTPFOECYE
425
PBU - The Pension Fund of Early Childhood & Youth Educators
$22.3M +$6.93M +23,280 +39%

UNH Hedge Fund Activity: Q1 2026 in Review

3,024 of the 8,136 institutional investors tracked by Wall St. Rank reported a position in UnitedHealth (UNH) for Q1 2026, worth a combined $203B — down 18% from $248B a quarter earlier.

Sellers outnumbered buyers: 399 funds closed out of UNH and 189 opened new positions — a net loss of 210 holders — while 1,391 trimmed existing stakes and 1,192 added.

The largest buyer was Charles Schwab, adding an estimated $3.69B. The largest seller was Capital International Investors, cutting an estimated $2.87B.

  • 3,024 institutional investors held UnitedHealth (UNH) as of Q1 2026, down from 3,296 in Q4 2025.
  • Funds reported $203B of UnitedHealth stock for Q1 2026, down 18% quarter-over-quarter.
  • 189 funds opened new UnitedHealth positions in Q1 2026 and 399 closed out, a net change of -210 holders.
  • The largest UnitedHealth buyer in Q1 2026 was Charles Schwab, an estimated $3.69B added.
  • The largest UnitedHealth seller in Q1 2026 was Capital International Investors, an estimated $2.87B sold.

Based on aggregated 13F filings for Q1 2026.