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
- 28
- Reported value
- $5.7bn
- Buyers
- 18
- Sellers
- 22
Breadth -4 among 92 comparable managers.
Unitedhealth Group Inc
- Holders
- 41
- Reported value
- $42.6bn
- Buyers
- 25
- Sellers
- 26
Breadth -1 among 92 comparable managers.
Who holds both, Q4 2025
Both (19)
Acadian Asset Management LLC, AQR Capital Management LLC, Caxton Associates LLP, Citadel Advisors LLC, D. E. Shaw & Co., Farallon Capital Management LLC, Fidelity (FMR LLC), First Eagle Investment Management LLC, Freestone Grove Partners LP, Invesco Ltd, Janus Henderson Group Ltd, Marshall Wace LLP, Point72 Asset Management LP, Renaissance Technologies LLC, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Walleye Capital LLC, Wellington Management Group LLP, Woodline Partners LP
Only CAH (9)
Brevan Howard Capital Management LP, Bridgewater Associates LP, Holocene Advisors LP, Man Group PLC, PDT Partners LLC, Southeastern Asset Management Inc, Two Sigma Advisers LP, Two Sigma Investments LP, Voloridge Investment Management LLC
Only UNH (22)
AllianceBernstein LP, Appaloosa LP, Arrowstreet Capital LP, Baillie Gifford & Co, Balyasny Asset Management LLC, Berkshire Hathaway Inc, Capital Research Global Investors, Capital World Investors, Dodge & Cox, Harris Associates LP, Jane Street Group LLC, Markel Group Inc, Millennium Management LLC, Moore Capital Management LP, Neuberger Berman Group LLC, Polen Capital Management LLC, Quantbot Technologies LP, Ruane Cunniff & Goldfarb LP, Soros Fund Management LLC, Tiger Global Management LLC, Tudor Investment Corp, Viking Global Investors LP
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.