Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

ELEVANCE HEALTH INC FORMERLY (ELV)

2K + Investors. Track Smart Money conviction in ELV. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +49
Streak
1Q ▲
Buyers last Q
49%

Smart Money Signals — ELV

Based on 1459 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added ELV than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 91% of 3.0Y peak

91% of all-time peak
1,459 funds currently hold this stock — 91% of the 3.0-year high of 1,606 funds (reached 2024 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding ELV is almost the same as a year ago (-16 funds, -1% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 49% buying

706 buying733 selling
Last quarter: 733 funds reduced or exited vs 706 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
📈

More new buyers each quarter (+45 vs last Q)

new funds entering per quarter
Funds opening a new ELV position: 219 → 143 → 163 → 208. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

69% of holders stayed for 2+ years

69% conviction (2yr+) 16% medium 15% new
1,008 out of 1,459 hedge funds have held ELV for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~208 new funds/quarter

180 → 219 → 143 → 163 → 208 new funds/Q
New funds entering each quarter: 219 → 143 → 163 → 208. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 70% of holders stayed 2+ years

70% veterans 10% 1-2yr 20% new
Of 1,509 current holders: 1,055 (70%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 47% AUM from top-100 funds

47% from top-100 AUM funds
48 of 1459 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in ELV. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.0
out of 10
Low Exit Risk
Exit risk score 3.0/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: ELV

How many hedge funds hold ELV — quarterly history vs. share price
Quarterly hedge fund ownership of ELV vs. share price

Market Analysis: ELV

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ELV

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

132 top-rated funds 22 high-conviction
Consensus
9.2
/ 10
breadth
×
Elite
5.4
/ 10
conviction
Hedge Fund Positioning: ELV
2026 Q1 Stats Unlock in 22 days 2K + Investors

Track Smart Money conviction in ELV. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 1509 1467 2.86%
13F Shares 202M 197M 2.84%
Total Value $68.11B $61.56B 10.64%
New Positions 210 169 +41
Increased Positions 556 607 -51
Closed Positions 166 237 -71
Reduced Positions 660 632 +28
Total Calls 33 38 -13.16%
Total Puts 26 30 -13.33%
PUT/CALL Ratio 0.79 0.79 Neutral

Statistics: ELV

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

2K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ELV. Verified SEC 13F-HR filings.

Top 25 institutional holders of ELV — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Focused Investors LLC 4.85% 509,800 $149.2M
2 LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE 3.17% 37,179 $10.9M
3 PROFESSIONAL ADVISORY SERVICES INC 3.11% 76,888 $23K
4 Marathon Asset Management Ltd 3.01% 268,388 $78.6M
5 IRIDIAN ASSET MANAGEMENT LLC/CT 2.57% 21,625 $6.3M
6 Allen Mooney & Barnes Investment Advisors LLC 2.09% 49,616 $14.5M
7 TWIN CITY PRIVATE WEALTH, LLC 2.03% 9,159 $2.7M
8 Polaris Capital Management, LLC 1.72% 71,641 $21.0M
9 Hosking Partners LLP 1.60% 152,440 $44.6M
10 Canoe Financial LP 1.47% 367,287 $107.5M
11 DB Fitzpatrick & Co, Inc 1.36% 5,419 $1.6M
12 Center for Wealth Management Advisory 1.22% 4,739 $1.7M
13 BRIGHT ROCK CAPITAL MANAGEMENT, LLC 1.22% 21,000 $6.1M
14 North Growth Management Ltd. 1.16% 26,000 $8K
15 Marex Group plc 1.14% 78,405 $42.5M
16 Sivik Global Healthcare LLC 1.11% 5,000 $1K
17 Palouse Capital Management, Inc. 1.06% 5,493 $1.6M
18 TANDEM CAPITAL MANAGEMENT CORP /ADV 0.96% 6,562 $1.9M
19 ZWJ INVESTMENT COUNSEL INC 0.95% 90,308 $26.4M
20 Asio Capital, LLC 0.95% 23,156 $6.8M
21 DAVENPORT & Co LLC 0.91% 574,012 $166.8M
22 Peoples Bank/KS 0.88% 2,997 $877K
23 Bull Street Advisors, LLC 0.80% 5,498 $2K
24 Chemistry Wealth Management LLC 0.79% 15,306 $4.5M
25 ROCKLAND TRUST CO 0.79% 67,160 $19.7M
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — ELEVANCE HEALTH INC FORMERLY (ELV)

What does the Smart Money Trend signal show for ELV?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added ELV than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ELV?

More sellers than buyers — 49% buying: Last quarter: 733 funds reduced or exited vs 706 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for ELV holders?

Elite ownership — 47% AUM from top-100 funds: 48 of 1459 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in ELV. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held ELV?

69% of holders stayed for 2+ years: 1,008 out of 1,459 hedge funds have held ELV for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.