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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
CM
426
Cercano Management
Washington
$26.5M -$21.4M -70,893 -48%
MIM
427
Marco Investment Management
Georgia
$26.3M +$6.2M +20,511 +37%
DADC
428
D.A. Davidson & Co
Montana
$26.2M +$5.73M +18,935 +33%
AC
429
AltraVue Capital
Washington
$26.1M -$717K -2,370 -3%
A
430
Allianz
Germany
$26.1M +$475K +1,569 +2%
MMA
431
Mizuho Markets Americas
New York
$25.9M
B
432
BloombergSen
Ontario, Canada
$25.9M -$235K -778 -1%
ACH
433
ArrowMark Colorado Holdings
Colorado
$25.8M +$4.16M +13,755 +23%
UM
434
UniSuper Management
Australia
$25.8M +$6.44M +21,277 +40%
EF
435
Empowered Funds
Pennsylvania
$25.7M -$4.38M -14,476 -16%
CA
436
Commerzbank Aktiengesellschaft
Germany
$25.6M +$5.71M +18,887 +34%
DLA
437
Douglas Lane & Associates
New York
$25.6M -$967K -3,197 -4%
BBVA
438
Banco Bilbao Vizcaya Argentaria
Spain
$25.5M +$9.03M +29,860 +68%
Vontobel Holding
439
Vontobel Holding
Switzerland
$25.1M +$4.9M +16,194 +29%
AL
440
Arnhold LLC
New York
$25M -$241K -796 -1%
SAM
441
SP Asset Management
California
$25M -$18.5M -61,316 -46%
BPA
442
Beacon Pointe Advisors
California
$24.6M +$3.3M +10,922 +18%
USCWA
443
U.S. Capital Wealth Advisors
Texas
$24.5M +$10.3M +34,197 +93%
ICP
444
Ironvine Capital Partners
Nebraska
$24.4M -$22.7K -75 -0.1%
ACA
445
Aptus Capital Advisors
Alabama
$24M -$1.28M -4,241 -6%
IHL
446
Investment House LLC
California
$24M +$11.8M +39,149 +129%
Federated Hermes
447
Federated Hermes
Pennsylvania
$23.9M +$462K +1,526 +2%
AS
448
Aware Super
Australia
$23.8M
PAG
449
Private Advisor Group
New Jersey
$23.7M +$1.67M +5,533 +9%
O
450
Ossiam
France
$23.5M +$20.5M +67,685 +13,537%

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.