Unum

UNM • NYSE

Unum is a insurance - life company in the financial services sector on NYSE, led by Richard P. McKenney, with a market cap of $12.9B. As of Q3 2025, 78% of shares are held by 657 institutional investors, with VANGUARD GROUP INC as the largest holder at 10.96%.

CEORichard P. McKenney

Market Cap$12.9B

Insurance - Life

Financial Services

Employees10.8K

Websiteunum.com

Country

United States of America

Overview

Overview of institutional ownership in UNM as of Q3 2025 with a market cap of $13.2B

All Institutions

Institutions: 657
Value Held: $10.3B
Shares Held: 132.7M
Avg Position: $15.7M
Median Position: $697.8K

Hedge Funds

Hedge Funds: 50
Value Held: $852.5M
Shares Held: 11.0M
Avg Position: $17.0M
Median Position: $4.9M

Ownership Breakdown

Institutional (non-HF)

71.52%

$9.5B

Hedge Funds

6.44%

$852.5M

Retail & Other

22.04%

$2.9B

Based on market cap of $13.2B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in UNM as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$1.5B 0.02% of portfolio	10.96% 18.7M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$1.4B 0.02% of portfolio	10.22% 17.4M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
FMR LLC Institution	-	$557.9M 0.03% of portfolio	4.21% 7.2M shares	≤ Q2 2013 Held for 12y 5m+	$1.92T
FIRST TRUST ADVISORS LP ETF Provider	James Allen Bowen CEO	$446.1M 0.33% of portfolio	3.37% 5.7M shares	≤ Q2 2013 Held for 12y 5m+	$134.11B
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$437.6M 0.07% of portfolio	3.30% 5.6M shares	≤ Q2 2013 Held for 12y 5m+	$620.51B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$428.3M 0.01% of portfolio	3.23% 5.5M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$293.8M 0.06% of portfolio	2.22% 3.8M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$267.0M 0.02% of portfolio	1.99% 3.4M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$263.6M 0.02% of portfolio	1.99% 3.4M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
L LSV ASSET MANAGEMENT Long Only Manager	Josef Nmn Lakonishok CEO	$212.6M 0.47% of portfolio	1.60% 2.7M shares	≤ Q2 2013 Held for 12y 5m+	$45.1B

Net Capital Flow

Institutional buying and selling activity for UNM in Q3 2025

Traded: −$423.5M
Buyers: 263
Sellers: 396
Total Bought: +$653.6M
Total Sold: −$1.1B
Avg Position: $13.5M

Biggest Buyers

Institution	Net Bought	Current Position
A Allianz Asset Management AG Institution	+$76.1M +978.9K shares	$195.7M 2.5M shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$47.2M +607.7K shares	$181.6M 2.3M shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$37.7M +484.1K shares	$67.2M 864.5K shares
FMR LLC Institution	+$36.4M +468.5K shares	$557.9M 7.2M shares
M MOORE CAPITAL MANAGEMENT, LP Hedge Fund•Global Macro	+$33.9M +435.6K shares	$51.3M 658.9K shares
S Squarepoint Ops LLC Hedge Fund•Quant	+$26.4M +339.4K shares	$26.4M 339.4K shares
C CANADA PENSION PLAN INVESTMENT BOARD Institution	+$26.1M +335.4K shares	$26.2M 337.1K shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	+$23.1M +297.2K shares	$34.5M 443.4K shares
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	+$20.6M +265.3K shares	$22.3M 287.3K shares
FIRST TRUST ADVISORS LP ETF Provider	+$17.4M +223.1K shares	$446.1M 5.7M shares

Biggest Sellers

Institution	Net Sold	Current Position
B BlackRock, Inc. Institution	−$68.3M −878.1K shares	$1.4B 17.4M shares
Z Zurich Insurance Group Ltd/FI Institution	−$54.4M −673.8K shares	Sold Off 0 shares
Invesco Ltd. ETF Provider	−$38.8M −499.1K shares	$129.8M 1.7M shares
Q Qube Research & Technologies Ltd Institution	−$38.1M −471.6K shares	Sold Off 0 shares
MORGAN STANLEY RIA/Wealth	−$37.6M −483.4K shares	$263.6M 3.4M shares
VANGUARD GROUP INC Institution	−$37.4M −481.3K shares	$1.5B 18.7M shares
Woodline Partners LP Hedge Fund•Long/Short	−$35.9M −461.6K shares	$51.7M 665.2K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$33.7M −432.6K shares	$45.4M 583.3K shares
R ROYAL BANK OF CANADA Institution	−$33.6M −431.8K shares	$83.5M 1.1M shares
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	−$31.8M −408.3K shares	$15.6M 200.0K shares

Entry and Exit Activity

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

New Positions: 32
New Value: $35.4M
Exited Positions: 107
Exited Value: $337.4M

New Positions

Institution	Position Value
S Swedbank AB Institution	$14.6M 188.3K shares
C Capitolis Liquid Global Markets LLC Private Equity	$12.8M 164.2K shares
A Argent Trust Co Institution	$3.0M 38.5K shares
Foundations Investment Advisors, LLC RIA/Wealth	$714.2K 9.2K shares
P Polymer Capital Management LLC Hedge Fund•Multi-Strategy	$457.4K 5.9K shares
Numerai GP LLC Hedge Fund•Quant	$409.7K 5.3K shares
Voleon Capital Management LP Hedge Fund•Quant	$393.6K 5.1K shares
Empirical Financial Services, LLC RIA/Wealth	$375.9K 4.8K shares
Encompass More Asset Management RIA/Wealth	$330.5K 4.2K shares
HBK Sorce Advisory LLC Hedge Fund•Multi-Strategy	$297.7K 3.8K shares

Exited Positions

Institution	Previous Position
Z Zurich Insurance Group Ltd/FI Institution	$54.4M 673.8K shares
Q Qube Research & Technologies Ltd Institution	$38.1M 471.6K shares
Lighthouse Investment Partners, LLC Fund of Funds	$23.8M 294.1K shares
BOONE CAPITAL MANAGEMENT LLC Hedge Fund•Long/Short	$22.8M 281.8K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	$20.9M 258.4K shares
P PICTON MAHONEY ASSET MANAGEMENT Institution	$20.2M 249.9K shares
A Assenagon Asset Management S.A. Institution	$18.3M 226.5K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$17.9M 221.1K shares
SCHRODER INVESTMENT MANAGEMENT GROUP RIA/Wealth	$16.6M 205.9K shares
A AXA Institution	$16.3M 201.2K shares

Options Activity

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

Call Positions: 14
Call Value: $58.0M
Put Positions: 10
Put Value: $33.1M

Call Positions

Institution	Position Value
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$23.2M 3.0K contracts
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$17.5M 2.3K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$7.3M 939.0 contracts
J JANE STREET GROUP, LLC Institution	$2.6M 330.0 contracts
TORONTO DOMINION BANK Institution	$2.2M 288.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$2.1M 264.0 contracts
W WOLVERINE TRADING, LLC Institution	$1.2M 149.0 contracts
Verition Fund Management LLC Hedge Fund•Multi-Strategy	$731.1K 94.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$342.2K 44.0 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$334.5K 43.0 contracts

Put Positions

Institution	Position Value
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$21.5M 2.8K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$5.2M 667.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$3.9M 499.0 contracts
W WOLVERINE TRADING, LLC Institution	$1.1M 139.0 contracts
J JANE STREET GROUP, LLC Institution	$847.8K 109.0 contracts
Walleye Trading LLC RIA/Wealth	$536.7K 69.0 contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$101.1K 13.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$7.8K 1.0 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	- - contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	- - contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
D. SCOTT NEAL, INC. RIA/Wealth	David Scott Neal President	9.26% $20.0M	0.15% 257.4K shares	Q1 2024 Held for 1y 8m	$216.2M
G GRACE & WHITE INC /NY RIA/Wealth	Marc Emil Ravitz President	7.98% $38.4M	0.29% 493.7K shares	≤ Q2 2013 Held for 12y 5m+	$481.2M
Barnett & Company, Inc. RIA/Wealth	Rodrigo Fernandez Tinoco Member	7.69% $9.9M	0.08% 127.8K shares	Q4 2019 Held for 5y 11m	$129.3M
A Algebris Ltd Institution	-	3.78% $30.3M	0.23% 389.5K shares	Q2 2025 Held for 5 months	$799.8M
Paradiem, LLC RIA/Wealth	Eric Lee Dunavant President	2.84% $12.2M	0.09% 156.7K shares	Q2 2025 Held for 5 months	$428.9M
DONALD SMITH & CO., INC. Long Only Manager	Richard Lawrence Greenberg CEO	2.76% $138.4M	1.05% 1.8M shares	≤ Q2 2013 Held for 12y 5m+	$5.0B
R Ronna Sue Cohen RIA/Wealth	Ronna Sue Cohen President	2.28% $5.7M	0.04% 73.5K shares	Q3 2023 Held for 2y 2m	$251.1M
McGowan Group Asset Management, Inc. RIA/Wealth	Spencer Dean Mcgowan President	2.12% $14.8M	0.11% 189.7K shares	Q4 2020 Held for 4y 11m	$695.1M
W Weaver C. Barksdale & Associates, Inc. Long Only Manager	Ann Loden Roberts CEO	1.80% $1.9M	0.01% 24.1K shares	Q4 2024 Held for 11 months	$103.9M
G Gillson Capital LP Hedge Fund•Long/Short	Daniel Bartlett Johnson Founder	1.66% $19.1M	0.14% 246.0K shares	Q3 2024 Held for 1y 2m	$1.2B

Hedge Fund Spotlight

Discover hedge funds investing in UNM

CAPSTONE INVESTMENT ADVISORS, LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerPaul Matthew Britton

Portfolio Value: $9.4B
Positions: 1,012
Last Reported: Q3 2025

Sector Allocation

Position in Unum

Market Value: $271.5K
Shares Held: 3.5K
Portfolio Weight: 0.00%
Owned Since: 2025-Q2

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