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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
MCM
476
MAI Capital Management
Ohio
$16.6M -$39.8M -133,528 -69%
AAM
477
Advisors Asset Management
Colorado
$16.6M +$3.84M +12,890 +27%
AI
478
Atria Investments
North Carolina
$16.5M +$756K +2,538 +4%
SYBT
479
Stock Yards Bank & Trust
Kentucky
$16.3M -$640K -2,150 -3%
FISPB
480
Fideuram - Intesa Sanpaolo Private Banking
$16.2M +$16.6M +55,695 +1,287%
IMRF
481
Illinois Municipal Retirement Fund
Illinois
$16.2M +$867K +2,911 +5%
AAIS
482
ABN AMRO Investment Solutions
$16.1M +$1.88M +6,297 +12%
MCM
483
Mill Capital Management
North Carolina
$16.1M -$239K -804 -1%
CFO
484
Callan Family Office
Pennsylvania
$16.1M -$490K -1,644 -3%
CA
485
CapWealth Advisors
Tennessee
$16M +$3.7M +12,431 +27%
CFM
486
Coronation Fund Managers
South Africa
$15.8M -$8.03M -26,961 -32%
GA
487
GFS Advisors
Texas
$15.7M +$1.99M +6,680 +13%
PHS
488
PFM Health Sciences
California
$15.7M +$2.23M +7,499 +15%
ACA
489
Aptus Capital Advisors
Alabama
$15.6M -$3.69M -12,407 -18%
BMSSC
490
B. Metzler seel. Sohn & Co
Germany
$15.6M -$1.49M -5,011 -8%
SAI
491
Systematic Alpha Investments
New Jersey
$15.5M
GAM
492
Groupama Asset Management
France
$15.4M -$705K -2,368 -4%
SCM
493
Sterling Capital Management
North Carolina
$15.3M -$1.19M -4,008 -7%
OIMU
494
Osmosis Investment Management UK
United Kingdom
$15.1M -$12.5M -42,094 -43%
PGFC
495
Peapack-Gladstone Financial Corp
New Jersey
$15M +$653K +2,194 +4%
RC
496
RBF Capital
California
$14.9M
QPBE
497
Quintet Private Bank (Europe)
Luxembourg
$14.8M -$9.29M -31,179 -36%
MSU
498
Mizuho Securities USA
New York
$14.8M -$3.33M -11,195 -17%
NCM
499
Novare Capital Management
North Carolina
$14.8M -$642K -2,156 -4%
SCP
500
Stamos Capital Partners
California
$14.8M +$3.74M +12,547 +30%

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.