UnitedHealth
UNH
3,111 hedge funds and large institutions have $384B invested in UnitedHealth in 2023 Q1 according to their latest regulatory filings, with 171 funds opening new positions, 1,393 increasing their positions, 1,243 reducing their positions, and 145 closing their positions.
30% more call options, than puts
Call options by funds: $3.97B | Put options by funds: $3.05B
18% more first-time investments, than exits
New positions opened: 171 | Existing positions closed: 145
12% more repeat investments, than reductions
Existing positions increased: 1,393 | Existing positions reduced: 1,243
0.01% less ownership
Funds ownership: 87.51% → 87.51% (-0.01%)
1% less funds holding
Funds holding: 3,157 → 3,111 (-46)
11% less capital invested
Capital invested by funds: $433B → $384B (-$49.5B)
30% less funds holding in top 10
Funds holding in top 10: 587 → 409 (-178)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.93B |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$883M |
| 3 |
Renaissance Technologies
New York
|
+$440M |
| 4 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$424M |
| 5 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$418M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.4B |
| 2 |
JP Morgan Chase
New York
|
-$1.26B |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$1.17B |
| 4 |
Barclays
London,
United Kingdom
|
-$1.03B |
| 5 |
Capital International Investors
Los Angeles,
California
|
-$814M |
UNH Hedge Fund Activity: Q1 2023 in Review
3,111 of the 6,285 institutional investors tracked by Wall St. Rank reported a position in UnitedHealth (UNH) for Q1 2023, worth a combined $384B — down 11% from $433B a quarter earlier.
Buyers outnumbered sellers: 171 funds opened new UNH positions and 145 closed out — a net gain of 26 holders — while 1,393 added to existing stakes and 1,243 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $1.93B. The largest seller was Fidelity Investments, cutting an estimated $1.4B.
- 3,111 institutional investors held UnitedHealth (UNH) as of Q1 2023, down from 3,157 in Q4 2022.
- Funds reported $384B of UnitedHealth stock for Q1 2023, down 11% quarter-over-quarter.
- 171 funds opened new UnitedHealth positions in Q1 2023 and 145 closed out, a net change of +26 holders.
- The largest UnitedHealth buyer in Q1 2023 was Envestnet Asset Management, an estimated $1.93B added.
- The largest UnitedHealth seller in Q1 2023 was Fidelity Investments, an estimated $1.4B sold.
Based on aggregated 13F filings for Q1 2023.