Vestcor Inc Boosts Elevance Health Stake by 29.8%

Investment firm increases holdings in health insurance giant Elevance Health, Inc.

Published on Mar. 9, 2026

Got story updates? Submit your updates here. ›

Vestcor Inc, an investment management firm, has increased its stake in Elevance Health, Inc. (NYSE:ELV) by 29.8% in the third quarter. The firm now owns 44,360 shares of the company's stock, worth approximately $14.3 million.

Why it matters

Elevance Health is one of the largest health insurance providers in the United States, serving over 45 million members. Institutional investor activity in the company's stock can provide insights into market sentiment and expectations around the healthcare industry.

The details

Vestcor Inc purchased an additional 10,186 shares of Elevance Health during the third quarter, bringing its total holdings to 44,360 shares. The investment firm's increased stake in Elevance Health reflects its confidence in the company's performance and growth potential within the healthcare sector.

  • Vestcor Inc increased its Elevance Health holdings in the third quarter of 2022.

The players

Vestcor Inc

An investment management firm that has increased its stake in Elevance Health, Inc.

Elevance Health, Inc.

A large U.S.-based health benefits company that provides a broad range of health insurance products and related services.

Got photos? Submit your photos here. ›

The takeaway

Vestcor Inc's increased investment in Elevance Health suggests that the firm sees growth potential in the healthcare insurance industry, particularly in the company's ability to serve its large member base and navigate the evolving healthcare landscape.