Which funds own UNH
Unitedhealth Group Inc in the Q2 2026 filings. 33 of the 94 managers on file reported a position, worth $59.0bn between them. A fifth of the managers on file hold it, which is a crowd without being the whole market. The quarter went one way: 22 managers opened or added against 16 cutting.
- Managers holding
- 33
- of 94 on file
- Combined value
- $59.0bn
- as reported
- Opened
- 2
- new this quarter
- Added to
- 20
- already held
- Trimmed or sold out
- 16
- 5 sold out entirely
Every manager on file with a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Capital World Investors Long-only · $846bn book | $12.4bn | 1.5% | 29,887,932 | +$4.9bn+2,104,517 | Added |
| Fidelity (FMR LLC) Long-only · $2304bn book | $11.6bn | 0.5% | 27,992,995 | +$8.4bn+15,973,949 | Added |
| T. Rowe Price Associates Inc Long-only · $999bn book | $9.6bn | 1.0% | 23,153,813 | +$4.0bn+2,279,867 | Added |
| Wellington Management Group LLP Long-only · $580bn book | $4.4bn | 0.8% | 10,675,175 | +$1.7bn+583,536 | Added |
| Capital Research Global Investors Long-only · $717bn book | $4.4bn | 0.6% | 10,534,177 | -$251m-6,578,041 | Trimmed |
| Dodge & Cox Activist · $191bn book | $3.8bn | 2.0% | 9,072,258 | +$1.2bn-394,498 | Trimmed |
| Invesco Ltd Long-only · $1264bn book | $2.9bn | 0.2% | 6,858,984 | +$1.1bn+542,522 | Added |
| AllianceBernstein LP Long-only · $302bn book | $2.1bn | 0.7% | 7,669,420 | -$52m+1,225,557 | Added |
| Arrowstreet Capital LP Quantitative · $225bn book | $1.3bn | 0.6% | 3,010,223 | +$324m-415,158 | Trimmed |
| Janus Henderson Group Ltd Long-only · $209bn book · Q1 2026 filing | $991m | 0.5% | 3,691,607 | -$189m+89,359 | Added |
| Marshall Wace LLP Quantitative · $127bn book | $762m | 0.6% | 1,833,046 | +$380m+422,712 | Added |
| AQR Capital Management LLC Quantitative · $287bn book | $729m | 0.3% | 1,757,550 | +$469m+780,142 | Added |
| Millennium Management LLC Multi-strategy · $276bn book | $672m | 0.2% | 1,617,653 | +$305m+261,043 | Added |
| Farallon Capital Management LLC Long/short equity · $21.7bn book | $528m | 2.4% | 1,270,532 | +$35m-551,174 | Trimmed |
| Acadian Asset Management LLC Quantitative · $84.2bn book | $473m | 0.6% | 1,138,592 | +$322m+578,080 | Added |
| Neuberger Berman Group LLC Long-only · $150bn book | $446m | 0.3% | 1,073,625 | +$236m+295,659 | Added |
| Point72 Asset Management LP Multi-strategy · $90.7bn book | $345m | 0.4% | 830,855 | +$232m+411,366 | Added |
| Ruane Cunniff & Goldfarb LP Activist · $6.4bn book | $293m | 4.6% | 705,554 | +$96m-22,853 | Trimmed |
| Balyasny Asset Management LLC Multi-strategy · $80.2bn book | $196m | 0.2% | 471,529 | +$86m+64,693 | Added |
| Squarepoint Ops LLC Multi-strategy · $90.5bn book | $176m | 0.2% | 423,218 | +$59m-7,692 | Trimmed |
| Renaissance Technologies LLC Quantitative · $72.6bn book | $153m | 0.2% | 367,014 | -$161m-791,414 | Trimmed |
| Woodline Partners LP Long/short equity · $32.4bn book | $128m | 0.4% | 307,178 | +$85m+147,648 | Added |
| Tudor Investment Corp Macro · $71.9bn book | $126m | 0.2% | 302,185 | -$6.0m-184,190 | Trimmed |
| Tiger Global Management LLC Long/short equity · $24.0bn book | $124m | 0.5% | 297,452 | +$29m-52,993 | Trimmed |
| Hudson Bay Capital Management LP Multi-strategy · $36.8bn book | $106m | 0.3% | 254,280 | -$84m-445,720 | Trimmed |
| Artisan Partners LP Long-only · $63.1bn book | $85m | 0.1% | 204,738 | opened204,738 | New |
| Freestone Grove Partners LP Multi-strategy · $15.6bn book | $68m | 0.4% | 162,682 | +$19m-18,229 | Trimmed |
| Davidson Kempner Capital Management LP Long/short equity · $8.4bn book | $42m | 0.5% | 101,373 | +$37m+82,673 | Added |
| Schonfeld Strategic Advisors LLC Multi-strategy · $27.9bn book | $26m | 0.1% | 62,948 | +$26m+62,567 | Added |
| Verition Fund Management LLC Multi-strategy · $19.7bn book | $24m | 0.1% | 57,080 | +$13m+15,443 | Added |
| First Eagle Investment Management LLC Activist · $59.9bn book | $18m | 0.0% | 42,364 | +$6.6m+1,560 | Added |
| Steadfast Capital Management LP Long/short equity · $3.3bn book | $13m | 0.4% | 30,050 | opened30,050 | New |
| Caxton Associates LLP Macro · $5.3bn book | $6.0m | 0.1% | 14,512 | +$5.1m+10,898 | Added |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Scion Asset Management LLC · Activist$115m held before
- Appaloosa LP · Activist$24m held before
- Quantbot Technologies LP · Quantitative$7.3m held before
- Baillie Gifford & Co · Long-only$5.5m held before
- Markel Group Inc · Activist$5.1m held before
Reported as options rather than shares
A put or a call on a name is not a position in it, and the filing states the notional rather than what the option cost. These lines are listed apart for that reason and are not counted in anything above.
- Susquehanna International Group LLP · calls$4.4bn notional
- Susquehanna International Group LLP · puts$3.5bn notional
- Jane Street Group LLC · calls$3.5bn notional
- Citadel Advisors LLC · calls$2.6bn notional
- Citadel Advisors LLC · puts$2.3bn notional
- Jane Street Group LLC · puts$2.1bn notional
- D. E. Shaw & Co. · puts$383m notional
- Millennium Management LLC · puts$373m notional
- D. E. Shaw & Co. · calls$240m notional
- Tudor Investment Corp · puts$212m notional
- Squarepoint Ops LLC · calls$195m notional
- Hudson Bay Capital Management LP · puts$156m notional
- Eisler Capital Management Ltd · puts$124m notional
- Tudor Investment Corp · calls$108m notional
- Eisler Capital Management Ltd · calls$63m notional
- Hudson Bay Capital Management LP · calls$51m notional
- Brevan Howard Capital Management LP · calls$11m notional
- Rokos Capital Management LLP · calls$2.8m notional
- Rokos Capital Management LLP · puts$100k notional
What UNH is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around UNH →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
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