UnitedHealth
UNH
3,417 hedge funds and large institutions have $429B invested in UnitedHealth in 2023 Q4 according to their latest regulatory filings, with 421 funds opening new positions, 1,425 increasing their positions, 1,237 reducing their positions, and 89 closing their positions.
373% more first-time investments, than exits
New positions opened: 421 | Existing positions closed: 89
15% more repeat investments, than reductions
Existing positions increased: 1,425 | Existing positions reduced: 1,237
9% more funds holding
Funds holding: 3,138 → 3,417 (+279)
5% more capital invested
Capital invested by funds: $407B → $429B (+$21.5B)
4% more call options, than puts
Call options by funds: $4.6B | Put options by funds: $4.42B
0.83% more ownership
Funds ownership: 87.26% → 88.09% (+0.83%)
10% less funds holding in top 10
Funds holding in top 10: 406 → 364 (-42)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$1.1B |
| 2 |
Jennison Associates
New York
|
+$638M |
| 3 |
State Street
Boston,
Massachusetts
|
+$582M |
| 4 |
Morgan Stanley
New York
|
+$566M |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
+$435M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$941M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
-$745M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$441M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$429M |
| 5 |
Sanders Capital
West Palm Beach,
Florida
|
-$423M |
UNH Hedge Fund Activity: Q4 2023 in Review
3,417 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in UnitedHealth (UNH) for Q4 2023, worth a combined $429B — up 5.3% from $407B a quarter earlier.
Buyers outnumbered sellers: 421 funds opened new UNH positions and 89 closed out — a net gain of 332 holders — while 1,425 added to existing stakes and 1,237 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $1.1B. The largest seller was Fidelity Investments, cutting an estimated $941M.
- 3,417 institutional investors held UnitedHealth (UNH) as of Q4 2023, up from 3,138 in Q3 2023.
- Funds reported $429B of UnitedHealth stock for Q4 2023, up 5.3% quarter-over-quarter.
- 421 funds opened new UnitedHealth positions in Q4 2023 and 89 closed out, a net change of +332 holders.
- The largest UnitedHealth buyer in Q4 2023 was Neuberger Berman Group, an estimated $1.1B added.
- The largest UnitedHealth seller in Q4 2023 was Fidelity Investments, an estimated $941M sold.
Based on aggregated 13F filings for Q4 2023.