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UnitedHealth

3,364 hedge funds and large institutions have $324B invested in UnitedHealth in 2026 Q2 according to their latest regulatory filings, with 524 funds opening new positions, 1,301 increasing their positions, 1,254 reducing their positions, and 140 closing their positions.

New
Increased
Maintained
Reduced
Closed

274% more first-time investments, than exits

New positions opened: 524 | Existing positions closed: 140

84% more funds holding in top 10

Funds holding in top 10: 5194 (+43)

60% more capital invested

Capital invested by funds: $203B → $324B (+$121B)

11% more call options, than puts

Call options by funds: $19.1B | Put options by funds: $17.2B

11% more funds holding

Funds holding: 3,0403,364 (+324)

3.87% more ownership

Funds ownership: 82.42%86.29% (+3.9%)

4% more repeat investments, than reductions

Existing positions increased: 1,301 | Existing positions reduced: 1,254

Holders
3,364
Holders Change
+324
Holders Change %
+10.66%
% of All Funds
40.63%
Holding in Top 10
94
Holding in Top 10 Change
+43
Holding in Top 10 Change %
+84.31%
% of All Funds
1.14%
New
524
Increased
1,301
Reduced
1,254
Closed
140
Calls
$19.1B
Puts
$17.2B
Net Calls
+$1.97B
Net Calls Change
+$1.2B
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$31.9B +$1.26B +3,395,530 +5%
Vanguard Capital Management
2
Vanguard Capital Management
Pennsylvania
$24.7B +$163M +440,748 +0.7%
State Street
3
State Street
Massachusetts
$19B +$112M +301,081 +0.7%
Capital World Investors
4
Capital World Investors
California
$12.4B +$780M +2,104,517 +8%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$11.6B +$5.92B +15,973,949 +133%
Vanguard Portfolio Management
6
Vanguard Portfolio Management
Pennsylvania
$10.2B +$166M +446,730 +2%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$9.62B +$845M +2,279,867 +11%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$9.01B -$377M -1,016,758 -4%
JP Morgan Chase
9
JP Morgan Chase
New York
$8.5B +$424M +1,143,506 +6%
Charles Schwab
10
Charles Schwab
California
$8.24B -$366M -987,167 -5%
Morgan Stanley
11
Morgan Stanley
New York
$6.15B -$62.3M -168,113 -1%
Norges Bank
12
Norges Bank
Norway
$5.29B +$4.72B +12,736,973 New
Bank of New York Mellon
13
Bank of New York Mellon
New York
$4.45B +$229M +616,723 +6%
Wellington Management Group
14
Wellington Management Group
Massachusetts
$4.44B +$216M +583,536 +6%
Capital Research Global Investors
15
Capital Research Global Investors
California
$4.38B -$2.44B -6,578,041 -38%
Bank of America
16
Bank of America
North Carolina
$4.05B -$733M -1,977,810 -17%
Fisher Asset Management
17
Fisher Asset Management
Washington
$3.77B +$1.42B +3,844,568 +73%
Dodge & Cox
18
Dodge & Cox
California
$3.77B -$146M -394,498 -4%
Northern Trust
19
Northern Trust
Illinois
$3.64B -$6.99M -18,852 -0.2%
Franklin Resources
20
Franklin Resources
California
$3.59B +$1.1B +2,969,666 +52%
Capital International Investors
21
Capital International Investors
California
$3.24B -$449M -1,212,284 -13%
Goldman Sachs
22
Goldman Sachs
New York
$2.9B -$320M -863,050 -11%
Invesco
23
Invesco
Georgia
$2.85B +$201M +542,522 +9%
UBS AM
24
UBS AM
Illinois
$2.72B -$336M -907,824 -12%
Sanders Capital
25
Sanders Capital
Florida
$2.45B -$24.5M -66,051 -1%

UNH Hedge Fund Activity: Q2 2026 in Review

3,364 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in UnitedHealth (UNH) for Q2 2026, worth a combined $324B — up 60% from $203B a quarter earlier.

Buyers outnumbered sellers: 524 funds opened new UNH positions and 140 closed out — a net gain of 384 holders — while 1,301 added to existing stakes and 1,254 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $5.92B. The largest seller was Capital Research Global Investors, cutting an estimated $2.44B.

  • 3,364 institutional investors held UnitedHealth (UNH) as of Q2 2026, up from 3,040 in Q1 2026.
  • Funds reported $324B of UnitedHealth stock for Q2 2026, up 60% quarter-over-quarter.
  • 524 funds opened new UnitedHealth positions in Q2 2026 and 140 closed out, a net change of +384 holders.
  • The largest UnitedHealth buyer in Q2 2026 was Fidelity Investments, an estimated $5.92B added.
  • The largest UnitedHealth seller in Q2 2026 was Capital Research Global Investors, an estimated $2.44B sold.

Based on aggregated 13F filings for Q2 2026.