Mitsubishi UFJ Asset Management Boosts Elevance Health Stake

Institutional investor adds over 21,000 shares of health insurance giant in Q3

Feb. 27, 2026 at 11:24am

Got story updates? Submit your updates here. ›

Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Elevance Health, Inc. (NYSE: ELV) by 4.9% in the third quarter, according to a recent SEC filing. The institutional investor now owns 455,011 shares of the company's stock, worth approximately $147 million.

Why it matters

Elevance Health is one of the largest health insurance providers in the United States, serving tens of millions of members. Institutional investors closely monitor the company's performance and ownership changes, as they can signal broader market trends and investor sentiment around the healthcare sector.

The details

According to the 13F filing, Mitsubishi UFJ Asset Management added 21,124 shares of Elevance Health to its portfolio during the third quarter. The asset manager now owns about 0.20% of the company's outstanding shares. Elevance Health's stock price has fluctuated in recent months, with the share price ranging from $273 to $458 over the past 52 weeks.

  • Mitsubishi UFJ Asset Management increased its Elevance Health stake in the 3rd quarter of 2026.
  • The 13F filing detailing the transaction was submitted on February 27, 2026.

The players

Mitsubishi UFJ Asset Management Co. Ltd.

A Japanese asset management firm that oversees over $455 billion in assets globally.

Elevance Health, Inc.

A major U.S. health insurance company that provides medical and specialty health plans for individuals, employers, and government programs.

Got photos? Submit your photos here. ›

The takeaway

Elevance Health's stock continues to be a focus for major institutional investors like Mitsubishi UFJ Asset Management, reflecting the company's prominent position in the healthcare industry. The latest ownership change signals ongoing investor interest in the insurer's long-term prospects.