Sanders Capital LLC Trims Elevance Health Stake

Investment firm reduces holdings in health insurance giant by 1%

Mar. 14, 2026 at 10:06am

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Sanders Capital LLC, a major institutional investor, has trimmed its holdings in Elevance Health, Inc. (NYSE:ELV) by 1.0% during the third quarter, according to a recent 13F filing with the Securities and Exchange Commission (SEC). The firm still owns a sizable 5.77 million shares, or 2.6% of Elevance Health's total stock.

Why it matters

As a top 20 shareholder, changes in Sanders Capital's position can signal broader investor sentiment around Elevance Health, one of the largest health insurance providers in the U.S. The modest reduction may indicate some caution about the company's near-term outlook, though Sanders Capital remains a significant long-term holder.

The details

According to the 13F filing, Sanders Capital sold 56,290 shares of Elevance Health during the third quarter, reducing its total stake to 5,768,918 shares. The investment firm continues to hold approximately 2.6% of Elevance Health's outstanding stock, making it the company's 14th largest institutional investor. Elevance Health comprises around 2.3% of Sanders Capital's overall investment portfolio.

  • Sanders Capital filed the 13F report detailing its Q3 2025 holdings on March 14, 2026.

The players

Sanders Capital LLC

A major institutional investment firm that owns a sizable stake in Elevance Health.

Elevance Health, Inc.

A large U.S. health insurance company that provides a range of medical and specialty health plans.

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The takeaway

The modest reduction in Sanders Capital's Elevance Health position suggests some caution among major investors about the insurance company's near-term outlook, though the firm remains a significant long-term shareholder in the healthcare giant.