UnitedHealth Group

UNH • NYSE

UnitedHealth Group is a medical - healthcare plans company in the healthcare sector on NYSE, led by Stephen J. Hemsley, with a market cap of $307.04B. As of Q3 2025, 80% of shares are held by 3,065 institutional investors, with VANGUARD GROUP INC as the largest holder at 10.0%.

CEOStephen J. Hemsley

Market Cap$307.04B

Medical - Healthcare Plans

Healthcare

Employees440.0K

Websiteunitedhealthgroup.com

Country

United States of America

Overview

Overview of institutional ownership in UNH as of Q3 2025 with a market cap of $312.73B

All Institutions

Institutions: 3,065
Value Held: $251.29B
Shares Held: 727.7M
Avg Position: $82.0M
Median Position: $1.4M

Hedge Funds

Hedge Funds: 145
Value Held: $5.8B
Shares Held: 16.9M
Avg Position: $40.2M
Median Position: $4.5M

Ownership Breakdown

Institutional (non-HF)

78.49%

$245.47B

Hedge Funds

1.86%

$5.8B

Retail & Other

19.65%

$61.4B

Based on market cap of $312.73B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in UNH as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$31.3B 0.47% of portfolio	10.00% 90.6M shares	≤ Q2 2013 Held for 12y 6m+	$6.69T
BlackRock, Inc. Institution	Laurence D. Fink CEO	$25.7B 0.45% of portfolio	8.20% 74.3M shares	≤ Q2 2013 Held for 12y 6m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$15.2B 0.53% of portfolio	4.87% 44.1M shares	≤ Q2 2013 Held for 12y 6m+	$2.88T
C Capital World Investors Institution	-	$7.5B 1.03% of portfolio	2.40% 21.8M shares	≤ Q2 2013 Held for 12y 6m+	$730.00B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$7.5B 0.48% of portfolio	2.41% 21.8M shares	≤ Q2 2013 Held for 12y 6m+	$1.57T
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$6.4B 0.41% of portfolio	2.05% 18.6M shares	≤ Q2 2013 Held for 12y 6m+	$1.56T
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$6.3B 0.69% of portfolio	2.00% 18.1M shares	≤ Q2 2013 Held for 12y 6m+	$912.31B
C Capital International Investors Institution	-	$6.0B 0.98% of portfolio	1.93% 17.5M shares	Q1 2017 Held for 8y 9m	$617.62B
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Jean Marie Hynes CEO	$5.7B 1.00% of portfolio	1.82% 16.5M shares	≤ Q2 2013 Held for 12y 6m+	$571.21B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$5.3B 0.32% of portfolio	1.68% 15.2M shares	≤ Q2 2013 Held for 12y 6m+	$1.65T

Net Capital Flow

Institutional buying and selling activity for UNH in Q3 2025

Traded: −$7.6B
Buyers: 1,582
Sellers: 1,559
Total Bought: +$15.8B
Total Sold: −$23.3B
Avg Position: $74.8M

Biggest Buyers

Institution	Net Bought	Current Position
Capital Research Global Investors RIA/Wealth	+$2.5B +7.3M shares	$4.5B 13.0M shares
C Capital World Investors Institution	+$1.2B +3.4M shares	$7.5B 21.8M shares
C Capital International Investors Institution	+$603.4M +1.7M shares	$6.0B 17.5M shares
S SG Americas Securities, LLC Institution	+$496.6M +1.4M shares	$715.8M 2.1M shares
B BESSEMER GROUP INC Institution	+$380.1M +1.1M shares	$629.8M 1.8M shares
A Assenagon Asset Management S.A. Institution	+$357.0M +1.0M shares	$425.5M 1.2M shares
C Capula Management Ltd Institution	+$331.8M +961.0K shares	$331.9M 961.1K shares
FRANKLIN RESOURCES INC Institution	+$331.2M +959.0K shares	$2.0B 5.8M shares
O Orbis Allan Gray Ltd RIA/Wealth	+$307.6M +890.7K shares	$682.8M 2.0M shares
DODGE & COX Long Only Manager	+$260.7M +755.1K shares	$3.3B 9.5M shares

Biggest Sellers

Institution	Net Sold	Current Position
WELLINGTON MANAGEMENT CO LLP Long Only Manager	−$2.7B −7.7M shares	$5.7B 16.5M shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	−$1.3B −3.8M shares	$6.3B 18.1M shares
FMR LLC Institution	−$1.1B −3.1M shares	$4.7B 13.7M shares
Clearbridge Investments, LLC Long Only Manager	−$702.4M −2.0M shares	$493.4M 1.4M shares
GOLDMAN SACHS GROUP INC Institution	−$620.6M −1.8M shares	$1.8B 5.2M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$597.7M −1.7M shares	$2.4B 6.9M shares
LONE PINE CAPITAL LLC Hedge Fund•Long/Short	−$528.3M −1.7M shares	Sold Off 0 shares
JPMORGAN CHASE & CO Institution	−$497.8M −1.4M shares	$6.4B 18.6M shares
N Nuveen, LLC Institution	−$477.6M −1.4M shares	$1.3B 3.7M shares
N NATIXIS Institution	−$428.9M −1.2M shares	$91.7M 265.5K shares

Entry and Exit Activity

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

New Positions: 88
New Value: $586.9M
Exited Positions: 293
Exited Value: $3.5B

New Positions

Institution	Position Value
LONDON CO OF VIRGINIA Digital Asset Manager	$219.5M 635.5K shares
Cullen Capital Management, LLC Long Only Manager	$81.7M 236.7K shares
Intermede Investment Partners Ltd Long Only Manager	$76.3M 221.1K shares
M Maple Rock Capital Partners, Inc. Hedge Fund•Multi-Strategy	$20.4M 59.1K shares
B BLKBRD Asset Management, LP Hedge Fund•Quant	$19.6M 56.8K shares
T TORNO CAPITAL, LLC Institution	$17.3M 50.0K shares
B Beryl Capital Management LLC Hedge Fund•Event Driven	$16.2M 47.0K shares
P Polymer Capital Management LTD Hedge Fund•Multi-Strategy	$13.4M 38.9K shares
O OBERNDORF WILLIAM E Institution	$12.3M 35.6K shares
L Longaeva Partners L.P. Institution	$12.2M 35.5K shares

Exited Positions

Institution	Previous Position
LONE PINE CAPITAL LLC Hedge Fund•Long/Short	$528.3M 1.7M shares
GQG Partners LLC Long Only Manager	$284.1M 910.6K shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	$218.6M 700.7K shares
S STEADFAST CAPITAL MANAGEMENT LP Hedge Fund•Long/Short	$199.5M 639.4K shares
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$196.4M 629.5K shares
Q Quadrature Capital Ltd Institution	$177.3M 568.9K shares
Q Qube Research & Technologies Ltd Institution	$120.2M 385.2K shares
ORBIMED ADVISORS LLC Hedge Fund•Sector	$104.9M 336.3K shares
A AMF Pensionsforsakring AB Institution	$96.6M 309.5K shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$96.5M 309.4K shares

Options Activity

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

Call Positions: 115
Call Value: $20.2B
Put Positions: 78
Put Value: $17.2B

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$7.8B 224.8K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$3.8B 109.8K contracts
J JANE STREET GROUP, LLC Institution	$2.8B 82.3K contracts
Pentwater Capital Management LP Hedge Fund•Event Driven	$1.2B 33.8K contracts
W WOLVERINE TRADING, LLC Institution	$815.5M 23.6K contracts
Walleye Trading LLC RIA/Wealth	$541.1M 15.7K contracts
BANK OF AMERICA CORP /DE/ Institution	$264.6M 7.7K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$244.1M 7.1K contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$214.1M 6.2K contracts
T TORNO CAPITAL, LLC Institution	$205.5M 6.0K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$5.0B 143.7K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$3.3B 96.2K contracts
J JANE STREET GROUP, LLC Institution	$1.5B 43.6K contracts
H HSBC HOLDINGS PLC Institution	$811.5M 23.5K contracts
Walleye Trading LLC RIA/Wealth	$610.9M 17.7K contracts
BANK OF AMERICA CORP /DE/ Institution	$534.0M 15.5K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$521.0M 15.1K contracts
B BNP PARIBAS ARBITRAGE, SA Institution	$514.4M 149.0 contracts
W WOLVERINE TRADING, LLC Institution	$512.8M 14.9K contracts
D D. E. Shaw & Co., Inc. Institution	$457.6M 13.3K contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
B Beryl Capital Management LLC Hedge Fund•Event Driven	David Alexander Witkin CEO	31.18% $16.2M	0.01% 47.0K shares	Q3 2025 Held for 3 months	$52.0M
NAYA CAPITAL MANAGEMENT UK LTD Hedge Fund•Long/Short	Masroor Taale Siddiqui CEO	26.48% $311.3M	0.10% 901.4K shares	Q2 2025 Held for 6 months	$1.2B
O OBERNDORF WILLIAM E Institution	-	16.55% $12.3M	0.00% 35.6K shares	Q3 2025 Held for 3 months	$74.2M
S Solel Partners LP Hedge Fund•Long/Short	William Cronin Stone CFO	13.72% $71.3M	0.02% 206.5K shares	Q1 2025 Held for 9 months	$519.8M
8 8 KNOTS MANAGEMENT, LLC Hedge Fund•Long/Short	Scott Joshua Green CEO	10.74% $95.0M	0.03% 275.0K shares	Q3 2024 Held for 1y 3m	$884.1M
ELWOOD CAPITAL PARTNERS LP Private Equity	Jordan Jacob Bastable Managing Partner	10.41% $12.1M	0.00% 35.0K shares	Q4 2024 Held for 1 year	$116.2M
Veritas Asset Management LLP Long Only Manager	Antony Paul Burgess Managing Partner	9.79% $916.1M	0.29% 2.7M shares	≤ Q2 2013 Held for 12y 6m+	$9.4B
MARSHFIELD ASSOCIATES Long Only Manager	Jarron Hampton Smith COO	9.64% $557.1M	0.18% 1.6M shares	Q2 2025 Held for 6 months	$5.8B
S Seilern Investment Management Ltd Institution	-	9.63% $133.2M	0.04% 385.7K shares	Q4 2024 Held for 1 year	$1.4B
GARRISON BRADFORD & ASSOCIATES INC RIA/Wealth	Sherli Sf Looi President	9.56% $8.9M	0.00% 25.9K shares	≤ Q2 2013 Held for 12y 6m+	$93.6M

Hedge Fund Spotlight

Discover hedge funds investing in UNH

Long Focus Capital Management, LLC

Hedge Fund • Global Macro

Portfolio ManagerJohn Byron Helmers

Portfolio Value: $1.7B
Positions: 78
Last Reported: Q3 2025

Sector Allocation

Position in UnitedHealth Group

Market Value: $48.1M
Shares Held: 139.2K
Portfolio Weight: 2.82%
Owned Since: 2025-Q2

Top Holding	Sector	Market Value	Weight
1 FTAI Aviation Ltd. FTAI	Rental & Leasing Services Industrials	$102.6M	6.01%
2 Charter Communications, Inc. CHTR	Telecommunications Services Communication Services	$86.3M	5.05%
3 Centene CNC	Medical - Healthcare Plans Healthcare	$82.0M	4.80%