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UnitedHealth

3,018 hedge funds and large institutions have $203B invested in UnitedHealth in 2026 Q1 according to their latest regulatory filings, with 188 funds opening new positions, 1,189 increasing their positions, 1,390 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: 3,2953,018 (-277)

14% less repeat investments, than reductions

Existing positions increased: 1,189 | Existing positions reduced: 1,390

18% less capital invested

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

36% less funds holding in top 10

Funds holding in top 10: 7850 (-28)

53% less first-time investments, than exits

New positions opened: 188 | Existing positions closed: 399

Holders
3,018
Holders Change
-277
Holders Change %
-8.41%
% of All Funds
37.14%
Holding in Top 10
50
Holding in Top 10 Change
-28
Holding in Top 10 Change %
-35.9%
% of All Funds
0.62%
New
188
Increased
1,189
Reduced
1,390
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
EP
1501
EPIQ Partners
Minnesota
$1.14M
RIA
1502
Richwood Investment Advisors
Ohio
$1.14M -$13.7K -46 -1%
WWM
1503
Walser Wealth Management
Florida
$1.13M +$561K +1,885 +82%
RE
1504
Rydar Equities
Texas
$1.13M -$40.2K -135 -3%
IIA
1505
ICW Investment Advisors
Arizona
$1.13M +$72.1K +242 +6%
DWAM
1506
Duncan Williams Asset Management
Tennessee
$1.13M -$53.3K -179 -4%
CA
1507
Cullinan Associates
Kentucky
$1.12M -$707K -2,375 -36%
DMBA
1508
Deseret Mutual Benefit Administrators
Utah
$1.12M +$659K +2,213 +114%
BHB
1509
Bank Hapoalim BM
Israel
$1.12M -$82.5K -277 -6%
MCCA
1510
Mill Creek Capital Advisors
Pennsylvania
$1.12M -$1.49K -5 -0.1%
FAN
1511
Financial Advisors Network
California
$1.11M +$67.3K +226 +6%
FNT
1512
First Nebraska Trust
Nebraska
$1.1M -$3.57K -12 -0.3%
I
1513
INVST
Indiana
$1.1M -$708K -2,376 -37%
MAWA
1514
Moss Adams Wealth Advisors
Washington
$1.1M -$190K -639 -14%
LIP
1515
Lighthouse Investment Partners
Florida
$1.1M -$664K -2,228 -35%
DG
1516
Dala Group
Illinois
$1.1M +$819K +2,749 +212%
HWA
1517
Heartwood Wealth Advisors
Virginia
$1.1M +$1.01M +3,383 +502%
SFA
1518
Souders Financial Advisors
Ohio
$1.1M +$291K +978 +32%
VCAM
1519
Van Cleef Asset Management
Ohio
$1.1M
CA
1520
Claro Advisors
Massachusetts
$1.1M +$43.2K +145 +4%
FCFC
1521
First Commonwealth Financial Corp
Pennsylvania
$1.09M +$200K +672 +20%
WPC
1522
White Pine Capital
Minnesota
$1.09M -$26.8K -90 -2%
CFG
1523
Cooper Financial Group
California
$1.09M -$89K -299 -7%
SRA
1524
Secured Retirement Advisors
Minnesota
$1.09M +$651K +2,187 +119%
GAG
1525
GM Advisory Group
New York
$1.09M -$2.12M -7,113 -64%

UNH Hedge Fund Activity: Q1 2026 in Review

3,018 of the 8,125 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 188 opened new positions — a net loss of 211 holders — while 1,390 trimmed existing stakes and 1,189 added.

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

  • 3,018 institutional investors held UnitedHealth (UNH) as of Q1 2026, down from 3,295 in Q4 2025.
  • Funds reported $203B of UnitedHealth stock for Q1 2026, down 18% quarter-over-quarter.
  • 188 funds opened new UnitedHealth positions in Q1 2026 and 399 closed out, a net change of -211 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.