Holders over time
- CI
- UNH
| Quarter | CI | UNH |
|---|---|---|
| Q3 2020 | 34 holders, $18.1bn | 37 holders, $71.0bn |
| Q4 2020 | 22 holders, $21.9bn | 36 holders, $79.4bn |
| Q1 2021 | 24 holders, $23.9bn | 37 holders, $81.7bn |
| Q2 2021 | 31 holders, $22.5bn | 43 holders, $86.1bn |
| Q3 2021 | 30 holders, $17.8bn | 38 holders, $81.3bn |
| Q4 2021 | 26 holders, $20.1bn | 38 holders, $104bn |
| Q1 2022 | 28 holders, $20.4bn | 41 holders, $105bn |
| Q2 2022 | 32 holders, $22.1bn | 33 holders, $107bn |
| Q3 2022 | 31 holders, $21.5bn | 42 holders, $102bn |
| Q4 2022 | 30 holders, $24.7bn | 43 holders, $116bn |
| Q1 2023 | 35 holders, $18.2bn | 51 holders, $90.5bn |
| Q2 2023 | 30 holders, $19.8bn | 43 holders, $88.3bn |
| Q3 2023 | 28 holders, $19.8bn | 43 holders, $91.0bn |
| Q4 2023 | 31 holders, $20.6bn | 42 holders, $92.5bn |
| Q1 2024 | 28 holders, $24.0bn | 44 holders, $82.5bn |
| Q2 2024 | 28 holders, $19.5bn | 43 holders, $87.4bn |
| Q3 2024 | 25 holders, $20.2bn | 37 holders, $95.7bn |
| Q4 2024 | 23 holders, $15.2bn | 45 holders, $79.2bn |
| Q1 2025 | 24 holders, $18.4bn | 49 holders, $81.5bn |
| Q2 2025 | 34 holders, $19.5bn | 50 holders, $44.5bn |
| Q3 2025 | 28 holders, $16.2bn | 42 holders, $44.3bn |
| Q4 2025 | 21 holders, $14.6bn | 41 holders, $42.6bn |
| Q1 2026 | 26 holders, $13.5bn | 44 holders, $38.0bn |
| Q2 2026 | 28 holders, $13.0bn | 43 holders, $62.3bn |
The Cigna Group
- Holders
- 23
- Reported value
- $15.2bn
- Buyers
- 13
- Sellers
- 12
Breadth +1 among 94 comparable managers.
Unitedhealth Group Inc
- Holders
- 45
- Reported value
- $79.2bn
- Buyers
- 27
- Sellers
- 19
Breadth +8 among 94 comparable managers.
Who holds both, Q4 2024
Both (16)
AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Brevan Howard Capital Management LP, Capital World Investors, Dodge & Cox, ExodusPoint Capital Management LP, Fidelity (FMR LLC), Invesco Ltd, Man Group PLC, Moore Capital Management LP, Neuberger Berman Group LLC, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Two Sigma Advisers LP, Voloridge Investment Management LLC
Only CI (7)
Artisan Partners LP, Bridgewater Associates LP, GAMCO Investors Inc, Glenview Capital Management LLC, MFS Investment Management, Quantbot Technologies LP, Two Sigma Investments LP
Only UNH (29)
Acadian Asset Management LLC, Appaloosa LP, Baillie Gifford & Co, Balyasny Asset Management LLC, Capital Research Global Investors, Citadel Advisors LLC, Farallon Capital Management LLC, First Eagle Investment Management LLC, Freestone Grove Partners LP, Harris Associates LP, Holocene Advisors LP, Hudson Bay Capital Management LP, Jane Street Group LLC, Janus Henderson Group Ltd, Markel Group Inc, Marshall Wace LLP, Millennium Management LLC, Point72 Asset Management LP, Polen Capital Management LLC, Renaissance Technologies LLC, Ruane Cunniff & Goldfarb LP, Soros Fund Management LLC, Susquehanna International Group LLP, Tiger Global Management LLC, Tudor Investment Corp, and 4 more
How much of the picture this is
A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. Buyers and sellers count comparable managers (those that filed both quarters) by shares, so a rise in value with no rise in shares is the price. Large books are listed to their largest positions. These are 95 tracked managers, not the institutional market.