ELEVANCE HEALTH INC FORMERLY (ELV) — Hedge Fund Ownership Q1 2026
ELV
- ELEVANCE HEALTH INC FORMERLY (ELV) is held by 9 of 82 tracked hedge funds, with Brave Warrior Advisors (8%) and Baupost Group (7%) holding the largest stakes, indicating moderate hedge fund interest relative to peers.
- The biggest increases in ELV holdings came from First Eagle Investment Management (+3%) and Baupost Group (+0.5%), highlighting conviction.
- The biggest decreases in ELV holdings came from Brave Warrior Advisors (-10%) and Cooperman Capital (-33%), suggesting profit-taking or de-risking.
- 1 hedge fund exited ELV.
- Overall, hedge funds decreased exposure to ELEVANCE HEALTH INC FORMERLY (ELV) by -2% vs the prior quarter and +24% vs prior year.
| # | Fund | % of Portfolio † | Shares † | Shares vs Prior Quarter † | Shares vs Prior Year † | Aggregate Value † | Reported Price * | Option |
|---|---|---|---|---|---|---|---|---|
| 1 |
Brave Warrior Advisors Glenn Greenberg
|
8.13% | 1.1M | -10.34% | -28.86% | $328.6M | $292.75 | — |
| 2 |
Baupost Group
|
7.30% | 1.3M | +0.46% | +418.36% | $373.3M | $292.75 | — |
| 3 |
Ruane, Cunniff & Goldfarb / Sequoia Fund John Harris
|
6.74% | 1.4M | -2.43% | +23.60% | $406.3M | $292.75 | — |
| 4 |
Cooperman Capital
|
2.19% | 228K | -33.15% | -18.14% | $66.7M | $292.75 | — |
| 5 |
First Eagle Investment Management
|
2.05% | 4.1M | +2.72% | +27.49% | $1.21B | $292.75 | — |
| 6 |
Yacktman Asset Management Donald Yacktman
|
1.31% | 334K | +1.69% | -2.38% | $97.9M | $292.75 | — |
| 7 |
Pzena Investment Management Richard Pzena
|
0.21% | 220K | +1.78% | +9.55% | $64.5M | $292.75 | — |
| 8 |
Tweedy, Browne Tweedy, Browne Co LLC
|
0.11% | 5K | +53.32% | — | $1.4M | $292.75 | — |
| 9 |
Dodge & Cox
|
0.00% | 1K | — | +8.33% | $380,575 | $292.75 | — |
| — |
Third Avenue Management
|
— | — | EXITED | — | — | — | — |
| 9 | Total | — | 8.7M | -1.74% | +24.11% | $2.55B | — | — |
* Reported price is not an actual purchase or sale price. It is the price as of the last portfolio date.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.