LGT Fund Management Co Ltd. Increases Elevance Health Stake

Investment firm boosts holdings in major U.S. health insurance provider

Published on Mar. 9, 2026

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LGT Fund Management Co Ltd. has increased its position in Elevance Health, Inc. (NYSE:ELV) by 32.1% during the third quarter, according to a recent SEC filing. The firm now owns 15,064 shares of the company's stock, valued at $5,011,000 as of the end of the quarter.

Why it matters

Elevance Health is one of the largest health insurance providers in the United States, serving tens of millions of members across its various plans. The increase in LGT Fund Management's stake suggests the investment firm sees long-term growth potential in the company, which could signal broader confidence in the health insurance industry.

The details

According to the filing, LGT Fund Management Co Ltd. purchased an additional 3,664 shares of Elevance Health during the third quarter, bringing its total holdings to 15,064 shares. This represents a 32.1% increase in the firm's position compared to the prior quarter. Elevance Health's stock price has fluctuated in recent months, closing at $289.56 on Monday.

  • LGT Fund Management Co Ltd. made the share purchases during the third quarter of the year.

The players

LGT Fund Management Co Ltd.

An investment management firm that oversees a portfolio of assets, including shares of Elevance Health.

Elevance Health, Inc.

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

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The takeaway

The increase in LGT Fund Management's stake in Elevance Health suggests the investment firm sees long-term growth potential in the health insurance provider, which could signal broader confidence in the industry as a whole.