Humana

HUM • NYSE

Humana is a medical - healthcare plans company in the healthcare sector on NYSE, led by James A. Rechtin, with a market cap of $34.2B. As of Q3 2025, 94% of shares are held by 865 institutional investors, with VANGUARD GROUP INC as the largest holder at 11.77%.

CEOJames A. Rechtin

Market Cap$34.2B

Medical - Healthcare Plans

Healthcare

Employees67.6K

Websitehumana.com

Country

United States of America

Overview

Overview of institutional ownership in HUM as of Q3 2025 with a market cap of $31.3B

All Institutions

Institutions: 865
Value Held: $29.4B
Shares Held: 112.8M
Avg Position: $33.9M
Median Position: $773.7K

Hedge Funds

Hedge Funds: 71
Value Held: $2.1B
Shares Held: 7.9M
Avg Position: $29.1M
Median Position: $3.8M

Ownership Breakdown

Institutional (non-HF)

87.21%

$27.3B

Hedge Funds

6.6%

$2.1B

Retail & Other

6.19%

$1.9B

Based on market cap of $31.3B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in HUM as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$3.7B 0.06% of portfolio	11.77% 14.2M shares	≤ Q2 2013 Held for 12y 6m+	$6.69T
DODGE & COX Long Only Manager	Dana Morton Emery CEO	$2.9B 1.59% of portfolio	9.43% 11.3M shares	Q2 2024 Held for 1y 6m	$185.33B
BlackRock, Inc. Institution	Laurence D. Fink CEO	$2.6B 0.05% of portfolio	8.26% 9.9M shares	≤ Q2 2013 Held for 12y 6m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$1.4B 0.05% of portfolio	4.46% 5.4M shares	≤ Q2 2013 Held for 12y 6m+	$2.88T
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$1.3B 0.08% of portfolio	4.22% 5.1M shares	≤ Q2 2013 Held for 12y 6m+	$1.56T
PZENA INVESTMENT MANAGEMENT LLC Long Only Manager	Chenyu Caroline Cai CEO	$1.0B 3.39% of portfolio	3.35% 4.0M shares	Q3 2021 Held for 4y 3m	$30.9B
EAGLE CAPITAL MANAGEMENT LLC Long Only Manager	Michael I Falcon CEO	$1.0B 3.28% of portfolio	3.30% 4.0M shares	Q1 2024 Held for 1y 9m	$31.4B
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	Edward Murray Maloney CEO	$907.5M 0.28% of portfolio	2.90% 3.5M shares	Q2 2017 Held for 8y 6m	$322.72B
FMR LLC Institution	-	$848.3M 0.04% of portfolio	2.71% 3.3M shares	≤ Q2 2013 Held for 12y 6m+	$1.92T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$819.0M 0.05% of portfolio	2.63% 3.2M shares	≤ Q2 2013 Held for 12y 6m+	$1.57T

Net Capital Flow

Institutional buying and selling activity for HUM in Q3 2025

Traded: +$918.5M
Buyers: 454
Sellers: 405
Total Bought: +$3.9B
Total Sold: −$3.0B
Avg Position: $30.2M

Biggest Buyers

Institution	Net Bought	Current Position
C Capital International Investors Institution	+$707.7M +2.7M shares	$707.7M 2.7M shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	+$664.3M +2.6M shares	$907.5M 3.5M shares
JPMORGAN CHASE & CO Institution	+$537.1M +2.1M shares	$1.3B 5.1M shares
Bank of New York Mellon Corp Institution	+$276.0M +1.1M shares	$446.9M 1.7M shares
NAYA CAPITAL MANAGEMENT UK LTD Hedge Fund•Long/Short	+$203.4M +781.6K shares	$203.4M 781.6K shares
N Neuberger Berman Group LLC Institution	+$133.4M +512.8K shares	$138.1M 530.8K shares
GOLDMAN SACHS GROUP INC Institution	+$70.7M +271.6K shares	$241.3M 927.4K shares
Allspring Global Investments Holdings, LLC Long Only Manager	+$65.9M +267.1K shares	$236.1M 956.7K shares
V VIRGINIA RETIREMENT SYSTEMS ET AL Institution	+$49.1M +188.7K shares	$49.1M 188.7K shares
M Maple Rock Capital Partners, Inc. Hedge Fund•Multi-Strategy	+$46.5M +178.8K shares	$73.7M 283.3K shares

Biggest Sellers

Institution	Net Sold	Current Position
DAVIS SELECTED ADVISERS Long Only Manager	−$329.7M −1.3M shares	$100.3M 385.5K shares
S Southpoint Capital Advisors LP Hedge Fund•Long/Short	−$146.7M −600.0K shares	Sold Off 0 shares
C Capital World Investors Institution	−$138.9M −568.2K shares	Sold Off 0 shares
M Man Group plc Institution	−$129.4M −497.5K shares	$21.7M 83.4K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$117.6M −451.8K shares	$122.2M 469.5K shares
8 8 KNOTS MANAGEMENT, LLC Hedge Fund•Long/Short	−$108.0M −441.6K shares	Sold Off 0 shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	−$100.7M −387.1K shares	$98.9M 380.3K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$99.1M −381.1K shares	$83.8M 322.0K shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	−$97.3M −374.1K shares	$16.3M 62.7K shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	−$81.0M −311.5K shares	$23.8M 91.5K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited HUM in Q3 2025

New Positions: 38
New Value: $134.6M
Exited Positions: 107
Exited Value: $800.8M

New Positions

Institution	Position Value
G GENDELL JEFFREY L Institution	$40.2M 154.6K shares
L Long Focus Capital Management, LLC Hedge Fund•Global Macro	$34.2M 131.5K shares
ARIEL INVESTMENTS, LLC Long Only Manager	$22.9M 88.0K shares
I Investec Asset Management LTD Long Only Manager	$18.6M 71.5K shares
INVESTMENT MANAGEMENT ASSOCIATES INC /ADV RIA/Wealth	$5.2M 20.0K shares
Morningstar Investment Management LLC Long Only Manager	$2.1M 8.0K shares
T Tejara Capital Ltd Institution	$1.9M 7.2K shares
F Financiere des Professionnels - Fonds d,investissement inc. Institution	$1.7M 6.4K shares
G Green Square Asset Management, LLC Institution	$1.7M 6.3K shares
Beirne Wealth Consulting Services, LLC RIA/Wealth	$875.1K 3.4K shares

Exited Positions

Institution	Previous Position
S Southpoint Capital Advisors LP Hedge Fund•Long/Short	$146.7M 600.0K shares
C Capital World Investors Institution	$138.9M 568.2K shares
8 8 KNOTS MANAGEMENT, LLC Hedge Fund•Long/Short	$108.0M 441.6K shares
Holocene Advisors, LP Hedge Fund•Long/Short	$64.6M 264.2K shares
O ONTARIO TEACHERS PENSION PLAN BOARD Institution	$62.1M 254.2K shares
WORLDQUANT MILLENNIUM QUANTITATIVE STRATEGIES LLC Hedge Fund•Multi-Strategy	$47.3M 193.6K shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	$26.8M 109.8K shares
MIG Capital, LLC Hedge Fund•Long/Short	$20.2M 82.5K shares
Soleus Capital Management, L.P. Hedge Fund•Long/Short	$19.5M 79.6K shares
Q Quadrature Capital Ltd Institution	$16.3M 66.6K shares

Options Activity

Institutions with the largest Call and Put options positions in HUM as of Q3 2025

Call Positions: 47
Call Value: $2.0B
Put Positions: 34
Put Value: $1.3B

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$514.9M 19.8K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$299.2M 11.5K contracts
S STEADFAST CAPITAL MANAGEMENT LP Hedge Fund•Long/Short	$168.7M 6.5K contracts
J JANE STREET GROUP, LLC Institution	$157.3M 6.0K contracts
Sessa Capital IM, L.P. Hedge Fund•Long/Short	$135.7M 5.2K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$125.1M 4.8K contracts
W WOLVERINE TRADING, LLC Institution	$76.1M 3.0K contracts
GOLDMAN SACHS GROUP INC Institution	$67.4M 2.6K contracts
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$56.6M 2.2K contracts
CITIGROUP INC Institution	$49.6M 1.9K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$331.9M 12.8K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$320.9M 12.3K contracts
Walleye Trading LLC RIA/Wealth	$80.3M 3.1K contracts
J JANE STREET GROUP, LLC Institution	$69.9M 2.7K contracts
BARCLAYS PLC Institution	$54.8M 2.1K contracts
W WOLVERINE TRADING, LLC Institution	$52.7M 2.1K contracts
UBS Group AG Institution	$49.8M 1.9K contracts
D D. E. Shaw & Co., Inc. Institution	$37.8M 1.5K contracts
Caption Management, LLC Hedge Fund•Long/Short	$37.7M 1.5K contracts
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$29.7M 1.1K contracts

Most Committed Institutions

Institutions with HUM as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
H High Ground Investment Management LLP Institution	-	21.78% $131.1M	0.42% 503.8K shares	Q4 2022 Held for 3 years	$601.9M
NAYA CAPITAL MANAGEMENT UK LTD Hedge Fund•Long/Short	Masroor Taale Siddiqui CEO	17.30% $203.4M	0.65% 781.6K shares	Q3 2025 Held for 3 months	$1.2B
Sessa Capital IM, L.P. Hedge Fund•Long/Short	Jae Hong President	14.64% $575.7M	1.84% 2.2M shares	Q4 2024 Held for 1 year	$3.9B
Redwood Grove Capital, LLC Hedge Fund•Value	Gregory Ryan Serrurier Managing Partner	7.87% $27.5M	0.09% 105.7K shares	Q4 2024 Held for 1 year	$349.4M
Columbus Hill Capital Management, L.P. Hedge Fund•Multi-Strategy	Kevin Deric Eng CEO	6.25% $45.0M	0.14% 172.9K shares	Q3 2021 Held for 4y 3m	$720.1M
S Solel Partners LP Hedge Fund•Long/Short	William Cronin Stone CFO	4.62% $24.0M	0.08% 92.2K shares	Q4 2023 Held for 2 years	$519.8M
Teewinot Capital Advisers, L.L.C. Hedge Fund•Long/Short	Michael Joseph Moriarty CEO	3.80% $48.9M	0.16% 187.9K shares	Q2 2025 Held for 6 months	$1.3B
Summit Street Capital Management, LLC Hedge Fund•Value	Arthur T. Williams Managing Partner	3.56% $26.0M	0.08% 99.8K shares	Q4 2019 Held for 6 years	$729.0M
Sivik Global Healthcare LLC Hedge Fund•Long/Short	Krishen Kumar Sud Managing Partner	3.52% $6.5M	0.02% 25.0K shares	Q4 2013 Held for 12 years	$184.7M
PZENA INVESTMENT MANAGEMENT LLC Long Only Manager	Chenyu Caroline Cai CEO	3.39% $1.0B	3.35% 4.0M shares	Q3 2021 Held for 4y 3m	$30.9B

Hedge Fund Spotlight

Discover hedge funds investing in HUM

Magnetar Financial LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerDavid Jay Snyderman

Portfolio Value: $15.4B
Positions: 724
Last Reported: Q3 2025

Sector Allocation

Position in Humana

Market Value: $1.6M
Shares Held: 6.1K
Portfolio Weight: 0.01%
Owned Since: 2024-Q4

Top Holding	Sector	Market Value	Weight
1 CoreWeave, Inc. CRWV	Software - Infrastructure Technology	$11.2B	72.75%
2 Norfolk Southern NSC	Railroads Industrials	$107.6M	0.70%
3 CyberArk Software CYBR	Software - Infrastructure Technology	$102.1M	0.66%