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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
USCWA
426
U.S. Capital Wealth Advisors
Texas
$22.1M +$1.58M +5,292 +7%
TW
427
Trajan Wealth
Arizona
$21.9M -$653K -2,194 -3%
HIMC
428
Heritage Investors Management Corp
Maryland
$21.8M +$546K +1,835 +2%
PL
429
Perpetual Ltd
Australia
$21.7M +$3.44M +11,554 +17%
IMCOOI
430
Investment Management Corp of Ontario (IMCO)
Canada
$21.6M -$2.52M -8,460 -10%
PAM
431
Palisade Asset Management
Minnesota
$21.6M -$122K -408 -0.5%
Los Angeles Capital Management
432
Los Angeles Capital Management
California
$21.4M +$8.21M +27,582 +53%
BCM
433
Boone Capital Management
Georgia
$21.4M +$5.2M +17,464 +28%
DADC
434
D.A. Davidson & Co
Montana
$21.4M -$799K -2,683 -3%
KI
435
KTF Investments
California
$20.9M -$465K -1,560 -2%
DLA
436
Douglas Lane & Associates
New York
$20.9M +$2.55M +8,573 +12%
DPL
437
Danica Pension Livsforsikrings
$20.8M +$11.1M +37,223 +94%
MIM
438
Marco Investment Management
Georgia
$20.7M +$106K +355 +0.5%
MMA
439
Mizuho Markets Americas
New York
$20.3M
EIP
440
Epoch Investment Partners
New York
$20.2M -$709K -2,382 -3%
William Blair & Company
441
William Blair & Company
Illinois
$20.2M -$8.44M -28,339 -28%
CPCPP
442
Canada Post Corporation Pension Plan
Canada
$20.1M +$1.01M +3,377 +5%
Pacer Advisors
443
Pacer Advisors
Pennsylvania
$20M -$4.33M -14,546 -16%
MFIM
444
Mesirow Financial Investment Management
Illinois
$19.6M +$4.72M +15,853 +28%
CCM
445
Causeway Capital Management
California
$19.4M +$21.4M +71,864 New
OAM
446
Oppenheimer Asset Management
New York
$19.3M +$4.73M +15,895 +29%
AL
447
Arnhold LLC
New York
$19.3M +$2.41M +8,100 +13%
LSA
448
Leonteq Securities AG
Switzerland
$19.2M +$6.87M +23,081 +48%
Rafferty Asset Management
449
Rafferty Asset Management
New York
$19.1M -$7.99M -26,830 -28%
GIBU
450
Gulf International Bank (UK)
United Kingdom
$18.9M +$7.08M +23,772 +51%

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.