Holders over time
- CAH
- UNH
| Quarter | CAH | UNH |
|---|---|---|
| Q3 2020 | 22 holders, $1.8bn | 37 holders, $71.0bn |
| Q4 2020 | 19 holders, $1.6bn | 36 holders, $79.4bn |
| Q1 2021 | 14 holders, $1.4bn | 37 holders, $81.7bn |
| Q2 2021 | 15 holders, $1.6bn | 43 holders, $86.1bn |
| Q3 2021 | 18 holders, $1.5bn | 38 holders, $81.3bn |
| Q4 2021 | 16 holders, $1.7bn | 38 holders, $104bn |
| Q1 2022 | 17 holders, $1.7bn | 41 holders, $105bn |
| Q2 2022 | 19 holders, $1.4bn | 33 holders, $107bn |
| Q3 2022 | 21 holders, $2.3bn | 42 holders, $102bn |
| Q4 2022 | 24 holders, $2.6bn | 43 holders, $116bn |
| Q1 2023 | 26 holders, $2.6bn | 51 holders, $90.5bn |
| Q2 2023 | 23 holders, $3.2bn | 43 holders, $88.3bn |
| Q3 2023 | 26 holders, $2.9bn | 43 holders, $91.0bn |
| Q4 2023 | 29 holders, $3.4bn | 42 holders, $92.5bn |
| Q1 2024 | 23 holders, $3.7bn | 44 holders, $82.5bn |
| Q2 2024 | 25 holders, $3.1bn | 43 holders, $87.4bn |
| Q3 2024 | 27 holders, $3.6bn | 37 holders, $95.7bn |
| Q4 2024 | 29 holders, $4.1bn | 45 holders, $79.2bn |
| Q1 2025 | 30 holders, $4.2bn | 49 holders, $81.5bn |
| Q2 2025 | 30 holders, $4.9bn | 50 holders, $44.5bn |
| Q3 2025 | 22 holders, $4.6bn | 42 holders, $44.3bn |
| Q4 2025 | 28 holders, $5.7bn | 41 holders, $42.6bn |
| Q1 2026 | 31 holders, $5.6bn | 44 holders, $38.0bn |
| Q2 2026 | 24 holders, $7.0bn | 43 holders, $62.3bn |
Cardinal Health Inc
- Holders
- 30
- Reported value
- $4.2bn
- Buyers
- 16
- Sellers
- 14
Breadth +2 among 95 comparable managers.
Unitedhealth Group Inc
- Holders
- 49
- Reported value
- $81.5bn
- Buyers
- 26
- Sellers
- 25
Breadth +1 among 95 comparable managers.
Who holds both, Q1 2025
Both (22)
Acadian Asset Management LLC, AQR Capital Management LLC, Balyasny Asset Management LLC, Citadel Advisors LLC, D. E. Shaw & Co., Farallon Capital Management LLC, Fidelity (FMR LLC), First Eagle Investment Management LLC, Freestone Grove Partners LP, Holocene Advisors LP, Invesco Ltd, Man Group PLC, Marshall Wace LLP, Millennium Management LLC, Point72 Asset Management LP, Quantbot Technologies LP, Schonfeld Strategic Advisors LLC, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Voloridge Investment Management LLC, Wellington Management Group LLP, Woodline Partners LP
Only CAH (8)
Bridgewater Associates LP, ExodusPoint Capital Management LP, PDT Partners LLC, Renaissance Technologies LLC, Southeastern Asset Management Inc, Two Sigma Advisers LP, Two Sigma Investments LP, Verition Fund Management LLC
Only UNH (27)
AllianceBernstein LP, Appaloosa LP, Arrowstreet Capital LP, Baillie Gifford & Co, Brevan Howard Capital Management LP, Capital Research Global Investors, Capital World Investors, Caxton Associates LLP, Discovery Capital Management LLC, Dodge & Cox, Eisler Capital Management Ltd, Hudson Bay Capital Management LP, Janus Henderson Group Ltd, Markel Group Inc, Maverick Capital Ltd, Moore Capital Management LP, Neuberger Berman Group LLC, Polen Capital Management LLC, Ruane Cunniff & Goldfarb LP, Soros Fund Management LLC, Steadfast Capital Management LP, Susquehanna International Group LLP, Tiger Global Management LLC, Tudor Investment Corp, Viking Global Investors LP, and 2 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.