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UnitedHealth

2,162 hedge funds and large institutions have $245B invested in UnitedHealth in 2019 Q4 according to their latest regulatory filings, with 351 funds opening new positions, 783 increasing their positions, 814 reducing their positions, and 90 closing their positions.

New
Increased
Maintained
Reduced
Closed

290% more first-time investments, than exits

New positions opened: 351 | Existing positions closed: 90

83% more funds holding in top 10

Funds holding in top 10: 111203 (+92)

38% more capital invested

Capital invested by funds: $178B → $245B (+$66.9B)

12% more funds holding

Funds holding: 1,9322,162 (+230)

1.7% more ownership

Funds ownership: 86.6%88.3% (+1.7%)

2% less call options, than puts

Call options by funds: $2.58B | Put options by funds: $2.64B

4% less repeat investments, than reductions

Existing positions increased: 783 | Existing positions reduced: 814

Holders
2,162
Holders Change
+230
Holders Change %
+11.9%
% of All Funds
42.59%
Holding in Top 10
203
Holding in Top 10 Change
+92
Holding in Top 10 Change %
+82.88%
% of All Funds
4%
New
351
Increased
783
Reduced
814
Closed
90
Calls
$2.58B
Puts
$2.64B
Net Calls
-$56.2M
Net Calls Change
-$33.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$21.5B +$636M +2,430,561 +3%
BlackRock
2
BlackRock
New York
$20B -$289M -1,104,925 -2%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$16.6B -$99.2M -379,262 -0.7%
Capital World Investors
4
Capital World Investors
California
$14.1B +$842M +3,219,554 +7%
State Street
5
State Street
Massachusetts
$13.5B +$161M +614,433 +1%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$9.6B +$593M +2,268,020 +7%
Capital Research Global Investors
7
Capital Research Global Investors
California
$8.78B +$1.9B +7,261,158 +32%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$8.15B +$887M +3,389,520 +14%
Capital International Investors
9
Capital International Investors
California
$7.6B +$283M +1,082,141 +4%
JP Morgan Chase
10
JP Morgan Chase
New York
$4.84B +$256M +979,979 +6%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$3.92B +$123M +471,331 +4%
ClearBridge Investments
12
ClearBridge Investments
New York
$3.58B -$407M -1,555,575 -11%
Northern Trust
13
Northern Trust
Illinois
$3.39B -$48.7M -186,143 -2%
AllianceBernstein
14
AllianceBernstein
Tennessee
$3.17B +$138M +528,444 +5%
Norges Bank
15
Norges Bank
Norway
$2.8B
Bank of New York Mellon
16
Bank of New York Mellon
New York
$2.52B +$104M +397,149 +5%
N
17
Nuveen
North Carolina
$2.51B +$60M +229,265 +3%
Bank of America
18
Bank of America
North Carolina
$2.47B -$383M -1,464,625 -15%
Dodge & Cox
19
Dodge & Cox
California
$2.43B +$269M +1,029,093 +14%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$2.32B +$140M +536,037 +7%
Morgan Stanley
21
Morgan Stanley
New York
$2.05B -$7.19M -27,477 -0.4%
Wells Fargo
22
Wells Fargo
California
$1.99B -$98.3M -375,638 -5%
Legal & General Group
23
Legal & General Group
United Kingdom
$1.8B +$27.4M +104,657 +2%
Janus Henderson Group
24
Janus Henderson Group
United Kingdom
$1.75B -$147M -560,815 -9%
Goldman Sachs
25
Goldman Sachs
New York
$1.66B +$156M +595,577 +12%

UNH Hedge Fund Activity: Q4 2019 in Review

2,162 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in UnitedHealth (UNH) for Q4 2019, worth a combined $245B — up 38% from $178B a quarter earlier.

Buyers outnumbered sellers: 351 funds opened new UNH positions and 90 closed out — a net gain of 261 holders — while 783 added to existing stakes and 814 trimmed.

The largest buyer was Capital Research Global Investors, adding an estimated $1.9B. The largest seller was ClearBridge Investments, cutting an estimated $407M.

  • 2,162 institutional investors held UnitedHealth (UNH) as of Q4 2019, up from 1,932 in Q3 2019.
  • Funds reported $245B of UnitedHealth stock for Q4 2019, up 38% quarter-over-quarter.
  • 351 funds opened new UnitedHealth positions in Q4 2019 and 90 closed out, a net change of +261 holders.
  • The largest UnitedHealth buyer in Q4 2019 was Capital Research Global Investors, an estimated $1.9B added.
  • The largest UnitedHealth seller in Q4 2019 was ClearBridge Investments, an estimated $407M sold.

Based on aggregated 13F filings for Q4 2019.