DaveManuel.com · Institutional Ownership · Who Owns It
UNITEDHEALTH GROUP INC (UNH)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
3,427
Reporting holders
$362.6B
Reported value
87.8%
Of shares outstanding
5.3%
Calls
4.7%
Puts
+353
Holder change
Institutions report 788,442,969 shares against 897,594,847 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end. A figure this high can overstate: where an adviser and a sub-adviser both report the same shares, both are counted.
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| BlackRock, Inc. | $31.9B | 76,863,061 | 0.47% | 8q | +4.6%+$1.4B |
| VANGUARD CAPITAL MANAGEMENT LLC | $24.7B | 59,311,525 | 0.53% | 2q | +0.7%+$183.2M |
| STATE STREET CORP | $19.0B | 45,633,267 | 0.56% | 31q | +0.7%+$125.1M |
| Capital World Investors | $12.4B | 29,887,932 | 1.47% | 31q | +7.6%+$874.7M |
| FMR LLC | $11.6B | 27,992,995 | 0.51% | 31q | +132.9%+$6.6B |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $10.2B | 24,483,234 | 0.46% | 2q | +1.9%+$185.7M |
| PRICE T ROWE ASSOCIATES INC /MD/ | $9.6B | 23,153,813 | 0.96% | 31q | +10.9%+$947.6M |
| GEODE CAPITAL MANAGEMENT, LLC | $9.0B | 21,751,937 | 0.48% | 31q | -4.5%-$421.1M |
| JPMORGAN CHASE & CO | $8.8B incl. $332.3M options CALL+PUT | 20,246,047 | 0.49% | 31q | +6.0%+$498.8M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $8.7B incl. $7.9B options CALL+PUT | 1,883,767 | 0.68% | 31q | -40.8%-$6.0B |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $8.2B | 19,830,588 | 1.10% | 31q | -4.7%-$410.3M |
| JANE STREET GROUP, LLC | $6.3B incl. $5.5B options CALL+PUT | 1,781,086 | 0.52% | 31q | +8.0%+$464.3M |
| MORGAN STANLEY | $6.1B | 14,795,456 | 0.33% | 35q | -1.1%-$69.9M |
| CITADEL ADVISORS LLC | $5.4B incl. $5.0B options CALL+PUT | 1,064,151 | 0.62% | 31q | -31.0%-$2.4B |
| NORGES BANK | $5.3B | 12,736,973 | 0.53% | 32q | -3.9%-$216.0M |
| Bank of New York Mellon Corp | $4.4B | 10,704,994 | 0.73% | 31q | +6.1%+$256.3M |
| WELLINGTON MANAGEMENT GROUP LLP | $4.4B | 10,675,175 | 0.76% | 31q | +5.8%+$242.5M |
| Capital Research Global Investors | $4.4B | 10,534,177 | 0.61% | 31q | -38.4%-$2.7B |
| BANK OF AMERICA CORP /DE/ | $4.0B | 9,735,874 | 0.26% | 31q | -16.9%-$822.0M |
| Fisher Asset Management, LLC | $3.8B | 9,082,269 | 1.12% | 31q | +73.4%+$1.6B |
| Dodge & Cox | $3.8B | 9,072,258 | 1.97% | 31q | -4.2%-$164.0M |
| NORTHERN TRUST CORP | $3.6B | 8,761,055 | 0.42% | 31q | HELD |
| FRANKLIN RESOURCES INC | $3.6B | 8,643,789 | 0.78% | 31q | +52.3%+$1.2B |
| GOLDMAN SACHS GROUP INC | $3.4B incl. $516.4M options CALL+PUT | 6,974,132 | 0.30% | 31q | -11.0%-$422.6M |
| Capital International Investors | $3.2B | 7,789,028 | 0.67% | 31q | -13.5%-$503.9M |
| Invesco Ltd. | $2.9B | 6,858,984 | 0.23% | 31q | +8.6%+$225.5M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $2.7B | 6,535,066 | 0.49% | 31q | -12.2%-$377.3M |
| UBS Group AG | $2.7B incl. $1.2B options CALL+PUT | 3,560,602 | 0.34% | 31q | +3.1%+$80.8M |
| Sanders Capital, LLC | $2.5B | 5,898,634 | 2.46% | 63q | -1.1%-$27.5M |
| Legal & General Group Plc | $2.4B | 5,882,462 | 0.51% | 31q | -3.9%-$98.3M |
| HSBC HOLDINGS PLC | $2.4B incl. $773.4M options CALL+PUT | 3,992,237 | 1.02% | 31q | -30.2%-$1.1B |
| IMC-Chicago, LLC | $2.4B incl. $2.4B options CALL+PUT | 44,389 | 0.58% | 19q | HELD |
| EAGLE CAPITAL MANAGEMENT LLC | $2.4B | 5,773,026 | 7.33% | 31q | -1.5%-$35.9M |
| BNP PARIBAS FINANCIAL MARKETS | $2.4B incl. $870.2M options CALL+PUT | 3,673,416 | 0.83% | 31q | +20.4%+$405.9M |
| ROYAL BANK OF CANADA | $2.2B incl. $2.0M options PUT | 5,181,995 | 0.32% | 31q | -2.6%-$57.1M |
| VANGUARD FIDUCIARY TRUST CO | $2.1B | 5,098,687 | 0.47% | 2q | HELD |
| Amundi | $2.1B | 5,054,732 | 0.51% | 21q | -20.7%-$549.2M |
| ALLIANCEBERNSTEIN L.P. | $2.1B | 7,669,420 | 0.69% | 31q | +19.0%+$331.6M |
| Jupiter Topco LLC | $2.0B | 4,859,820 | 0.82% | new | FIRST |
| DIMENSIONAL FUND ADVISORS LP | $1.9B | 4,682,496 | 0.35% | 31q | -6.4%-$132.0M |
| AMERIPRISE FINANCIAL INC | $1.9B | 4,510,354 | 0.38% | 31q | +28.9%+$420.5M |
| Walleye Trading LLC | $1.9B incl. $1.7B options CALL+PUT | 389,216 | 2.13% | 31q | HELD |
| SG Americas Securities, LLC | $1.8B incl. $7.2M options CALL+PUT | 4,207,158 | 0.98% | 31q | +114.6%+$937.7M |
| BARCLAYS PLC | $1.7B incl. $322.5M options CALL+PUT | 3,427,299 | 0.34% | 31q | +21.6%+$310.7M |
| Nuveen, LLC | $1.6B | 3,741,960 | 0.37% | 6q | +8.8%+$125.6M |
| WELLS FARGO & COMPANY/MN | $1.6B incl. $51.1M options PUT | 3,618,579 | 0.25% | 31q | +7.8%+$112.7M |
| RAYMOND JAMES FINANCIAL INC | $1.4B incl. $787.0K options CALL | 3,306,337 | 0.37% | 7q | +10.7%+$133.3M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $1.3B | 3,010,223 | 0.56% | 26q | -12.1%-$172.6M |
| MILLENNIUM MANAGEMENT LLC | $1.2B incl. $508.0M options CALL+PUT | 1,617,653 | 0.43% | 31q | +19.2%+$190.5M |
| Grantham, Mayo, Van Otterloo & Co. LLC | $1.2B | 2,825,022 | 2.64% | 31q | -10.6%-$138.6M |
| Assenagon Asset Management S.A. | $1.1B | 2,612,106 | 0.68% | 24q | +343.3%+$840.8M |
| GROUP ONE TRADING LLC | $1.1B incl. $1.0B options CALL+PUT | 127,354 | 1.52% | 31q | +390.6%+$862.5M |
| Mitsubishi UFJ Asset Management Co., Ltd. | $1.1B | 2,563,973 | 0.59% | 31q | +8.2%+$80.3M |
| Swiss National Bank | $1.1B | 2,560,041 | 0.56% | 31q | -3.7%-$40.9M |
| SCHRODER INVESTMENT MANAGEMENT GROUP | $1.1B | 2,553,379 | 0.75% | 31q | +306.9%+$800.4M |
| Sumitomo Mitsui Trust Group, Inc. | $1.1B | 2,538,575 | 0.60% | 31q | -2.9%-$31.5M |
| VOYA INVESTMENT MANAGEMENT LLC | $1.0B | 2,419,613 | 0.87% | 31q | +298.9%+$753.5M |
| DEUTSCHE BANK AG\ | $1.0B | 2,407,436 | 0.29% | 34q | -5.0%-$53.1M |
| CANADA PENSION PLAN INVESTMENT BOARD | $971.8M | 2,338,034 | 0.54% | 31q | +21.3%+$170.6M |
| SIMPLEX TRADING, LLC | $941.5M incl. $914.1M options CALL+PUT | 65,879 | 0.55% | 21q | -77.1%-$3.2B |
| Pentwater Capital Management LP | $922.5M incl. $915.1M options CALL+PUT | 17,758 | 5.64% | 5q | -96.5%-$25.7B |
| NATIONAL BANK OF CANADA /FI/ | $920.1M incl. $249.4M options PUT | 1,613,767 | 0.66% | 19q | -57.8%-$1.3B |
| CITIGROUP INC | $894.4M incl. $406.8M options CALL+PUT | 1,173,015 | 0.30% | 31q | -22.7%-$263.1M |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $860.9M | 2,071,359 | 0.67% | 31q | -19.7%-$211.1M |
| VANGUARD ASSET MANAGEMENT, Ltd | $847.8M | 2,039,732 | 0.57% | 2q | +11.6%+$87.9M |
| CTC LLC | $841.4M incl. $820.2M options CALL+PUT | 51,033 | 0.27% | new | NEW |
| Qube Research & Technologies Ltd | $839.5M incl. $255.1M options CALL+PUT | 1,405,937 | 0.78% | 16q | HELD |
| D. E. Shaw & Co., Inc. | $827.2M incl. $622.0M options CALL+PUT | 493,719 | 0.39% | 31q | -57.7%-$1.1B |
| Vanguard Global Advisers, LLC | $819.3M | 1,971,121 | 0.38% | 2q | -1.6%-$13.3M |
| National Pension Service | $818.9M | 1,970,332 | 0.53% | 31q | +1.2%+$9.6M |
| ENVESTNET ASSET MANAGEMENT INC | $811.1M | 1,951,573 | 0.19% | 31q | +20.2%+$136.5M |
| MARSHALL WACE, LLP | $807.4M incl. $45.5M options CALL+PUT | 1,833,046 | 0.64% | 26q | +30.0%+$186.2M |
| California Public Employees Retirement System | $799.8M | 1,924,189 | 0.45% | 31q | -12.0%-$109.0M |
| BANK OF MONTREAL /CAN/ | $799.4M incl. $62.1M options CALL+PUT | 1,773,763 | 0.26% | 31q | +15.5%+$107.5M |
| AQR CAPITAL MANAGEMENT LLC | $729.1M | 1,757,550 | 0.25% | 31q | +79.8%+$323.6M |
| Swedbank AB | $719.7M | 1,731,505 | 0.62% | 21q | +55.9%+$258.0M |
| Fayez Sarofim & Co | $654.7M | 1,575,300 | 1.54% | 31q | -1.8%-$11.8M |
| MARSHFIELD ASSOCIATES | $634.3M | 1,526,157 | 14.87% | 5q | -19.3%-$151.5M |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC | $607.7M | 1,462,167 | 1.84% | 31q | +9.7%+$54.0M |
| RHUMBLINE ADVISERS | $607.6M | 1,461,895 | 0.46% | 31q | HELD |
| Ensign Peak Advisors, Inc | $599.9M | 1,443,323 | 0.99% | 27q | -2.9%-$17.8M |
| PRINCIPAL FINANCIAL GROUP INC | $583.9M | 1,404,760 | 0.29% | 31q | +3.3%+$18.9M |
| Russell Investments Group, Ltd. | $581.6M | 1,397,476 | 0.51% | 31q | +11.0%+$57.8M |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $567.4M | 1,365,269 | 0.52% | 31q | +0.7%+$3.9M |
| Caisse de depot et placement du Quebec | $566.8M | 1,363,607 | 0.81% | 31q | +5.3%+$28.5M |
| AMERICAN CENTURY COMPANIES INC | $566.6M | 1,363,176 | 0.25% | 31q | +42.2%+$168.3M |
| FIL Ltd | $559.5M | 1,346,053 | 0.40% | 31q | +15.0%+$73.0M |
| 1832 Asset Management L.P. | $537.6M | 1,293,392 | 0.27% | 31q | +18.0%+$81.9M |
| LPL Financial LLC | $534.4M incl. $2.7M options PUT | 1,279,144 | 0.12% | 31q | +0.6%+$3.3M |
| Davis Selected Advisers | $529.8M | 1,274,650 | 2.28% | 31q | +2.2%+$11.3M |
| CREDIT AGRICOLE S A | $528.8M incl. $164.0M options CALL+PUT | 877,866 | 1.07% | 30q | +4.8%+$24.0M |
| FARALLON CAPITAL MANAGEMENT, L.L.C. | $528.1M | 1,270,532 | 2.44% | 14q | -30.3%-$229.1M |
| CIBC Bancorp USA Inc. | $501.6M | 1,206,042 | 0.61% | 3q | -12.5%-$71.9M |
| CANADA LIFE ASSURANCE Co | $488.0M | 1,176,396 | 0.78% | 31q | +2.5%+$11.8M |
| Marex Group Ltd | $477.1M incl. $207.8M options PUT | 648,005 | 2.02% | 11q | -20.7%-$124.9M |
| Bahl & Gaynor LLC | $475.1M | 1,143,155 | 2.19% | 31q | +34.1%+$120.8M |
| ACADIAN ASSET MANAGEMENT LLC | $473.2M | 1,138,592 | 0.56% | 31q | +103.1%+$240.2M |
| BANK OF NOVA SCOTIA | $470.3M incl. $392.8K options PUT | 1,130,593 | 0.71% | 31q | -9.7%-$50.6M |
| Tidal Investments LLC | $469.3M incl. $2.1M options CALL | 1,123,915 | 0.81% | 23q | +30.1%+$108.5M |
| Point72 Asset Management, L.P. | $464.2M incl. $118.8M options CALL+PUT | 830,855 | 0.51% | 16q | +98.1%+$229.8M |
Showing the largest 100 of 3,428 reported holders. The count of 3,427 above leaves out 1 position whose reported value failed our price check; it is listed here as filed.
Q2 2026 in brief
In Q2 2026, 3,427 managers that file Form 13F reported holding Unitedhealth Group Inc (UNH), $362.6B in all, or about 88% of the shares outstanding. 529 managers opened a position and 176 sold out completely, against 3,074 holders the quarter before. Largest holders: Blackrock, Inc., Vanguard Capital Management Llc and State Street Corp. Largest new positions: Ctc Llc ($841.4M), Jain Global Llc ($109.8M) and Hrt Financial Lp ($107.9M).
Q2 2026 is the latest quarter whose 13F deadline has passed. A 13F shows long US stock positions at quarter end, filed up to 45 days later; an adviser and a sub-adviser can both report the same shares.
What the insiders did
Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.
Officers and directors
| Date | Insider | Role | Side | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-21 | Conway Patrick Hugh | Chief Executive Officer, Optum | Sold | 1,169 | $455.9K |
| 2026-08-05 | Conway Patrick Hugh | Chief Executive Officer, Optum | Sold | 500 | $205.0K |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 1,324 | $11.5B | 30,330,973 | 55 | 453 | 536 | 3.5% |
| Q2 2026 | 3,427 | $362.6B | 788,442,969 | 495 | 1,235 | 1,205 | 10.0% |
| Q1 2026 | 3,074 | $232.8B | 747,708,786 | 152 | 1,149 | 1,344 | 13.0% |
| Q4 2025 | 3,330 | $289.1B | 759,072,210 | 178 | 1,031 | 1,444 | 13.3% |
| Q3 2025 | 3,197 | $306.4B | 753,388,707 | 309 | 1,235 | 1,287 | 15.1% |
| Q2 2025 | 3,208 | $271.2B | 781,277,294 | 260 | 1,243 | 1,387 | 10.2% |
| Q1 2025 | 3,634 | $436.1B | 811,718,872 | 172 | 1,282 | 1,582 | 2.5% |
| Q4 2024 | 3,700 | $422.0B | 812,388,415 | 138 | 1,251 | 1,371 | 2.6% |
| Q3 2024 | 3,493 | $500.4B | 844,057,842 | 191 | 1,252 | 1,303 | 1.9% |
| Q2 2024 | 3,411 | $433.4B | 836,045,871 | 160 | 1,394 | 1,231 | 1.8% |
| Q1 2024 | 3,392 | $438.8B | 871,515,409 | 129 | 1,410 | 1,206 | 1.7% |
| Q4 2023 | 3,437 | $459.4B | 855,195,643 | 158 | 1,289 | 1,107 | 2.0% |
| Q3 2023 | 3,161 | $432.7B | 840,663,223 | 138 | 1,294 | 979 | 2.0% |
| Q2 2023 | 3,151 | $398.4B | 810,890,886 | 128 | 1,314 | 1,069 | 2.1% |
| Q1 2023 | 3,119 | $413.5B | 866,083,556 | 118 | 1,275 | 1,150 | 1.7% |
| Q4 2022 | 3,170 | $446.7B | 825,867,799 | 132 | 1,089 | 1,191 | 2.0% |
| Q3 2022 | 2,968 | $1.4T | 2,854,275,728 | 116 | 1,069 | 1,087 | 0.6% |
| Q2 2022 | 2,965 | $1.4T | 3,187,933,233 | 129 | 1,078 | 1,119 | 0.4% |
| Q1 2022 | 2,959 | $1.3T | 2,940,701,613 | 150 | 1,117 | 1,043 | 0.4% |
| Q4 2021 | 2,909 | $1.1T | 2,264,505,326 | 198 | 1,033 | 852 | 0.8% |
| Q3 2021 | 2,571 | $907.7B | 2,718,329,243 | 89 | 1,113 | 740 | 0.6% |
| Q2 2021 | 2,595 | $816.6B | 2,656,306,330 | 150 | 1,033 | 840 | 0.6% |
| Q1 2021 | 2,506 | $794.7B | 2,585,217,520 | 135 | 1,034 | 814 | 0.5% |
| Q4 2020 | 2,475 | $740.5B | 2,227,493,056 | 152 | 942 | 748 | 0.8% |
| Q3 2020 | 2,244 | $792.4B | 3,218,152,431 | 116 | 886 | 769 | 0.6% |
| Q2 2020 | 2,220 | $739.7B | 2,701,996,138 | 174 | 864 | 776 | 0.6% |
| Q1 2020 | 2,129 | $716.0B | 3,255,110,914 | 135 | 828 | 844 | 0.5% |
| Q4 2019 | 2,169 | $706.5B | 2,692,290,825 | 159 | 688 | 742 | 0.7% |
| Q3 2019 | 1,938 | $553.8B | 5,694,699,193 | 88 | 832 | 643 | 0.7% |
| Q2 2019 | 1,966 | $503.7B | 2,678,239,863 | 135 | 835 | 663 | 1.0% |
| Q1 2019 | 1,952 | $553.6B | 2,664,051,231 | 121 | 801 | 678 | 3.2% |
| Q4 2018 | 1,925 | $586.8B | 2,664,105,483 | 10 | 35 | 29 | 5.2% |