Mangrove Partners IM LLC Acquires New Holdings in Elevance Health, Inc.

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Mangrove Partners IM LLC, an investment management firm, has acquired a new position in shares of Elevance Health, Inc. (NYSE: ELV), a major U.S. health benefits company. According to a recent SEC filing, the firm purchased 5,918 shares of Elevance Health's stock during the third quarter, valued at approximately $1.9 million.

Why it matters

Elevance Health is one of the largest health insurance providers in the United States, offering a range of medical and specialty health plans for individuals, employers, and government programs. The acquisition of a new position by Mangrove Partners IM LLC, a prominent investment firm, suggests potential investor interest and confidence in Elevance Health's business performance and growth prospects.

The details

Mangrove Partners IM LLC's purchase of 5,918 shares of Elevance Health, Inc. was disclosed in the firm's latest 13F filing with the SEC. The shares were acquired during the third quarter of the year and were valued at approximately $1.9 million. Elevance Health, formerly known as Anthem, Inc., is a leading health benefits company that provides a wide range of insurance products and related services to individuals, employers, and government programs, including Medicare and Medicaid.

• Mangrove Partners IM LLC acquired the new position in Elevance Health, Inc. during the 3rd quarter of 2026.