Aquatic Capital Management Boosts Elevance Health Stake

The investment firm acquired over 35,000 new shares in the healthcare company during the third quarter.

Mar. 16, 2026 at 7:23am

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Aquatic Capital Management LLC, an institutional investor, acquired a new position in Elevance Health, Inc. (NYSE:ELV) during the third quarter of 2026. The firm purchased 35,982 shares of the healthcare company's stock, valued at approximately $11.6 million.

Why it matters

Elevance Health is one of the largest health benefits companies in the United States, providing medical and specialty health plans for individuals, employers, and government programs. The acquisition of a significant new stake by Aquatic Capital Management suggests the investment firm sees growth potential in Elevance Health's business.

The details

According to a 13F filing with the Securities and Exchange Commission, Aquatic Capital Management added the new Elevance Health position during the third quarter of 2026. The 35,982 shares acquired are valued at around $11.6 million based on Elevance Health's stock price at the time.

  • Aquatic Capital Management acquired the new Elevance Health position in the third quarter of 2026.

The players

Aquatic Capital Management LLC

An institutional investor that acquired a new position in Elevance Health, Inc.

Elevance Health, Inc.

A large U.S.-based health benefits company that provides medical and specialty health plans for individuals, employers, and government programs.

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The takeaway

The addition of a significant new stake in Elevance Health by Aquatic Capital Management suggests the investment firm sees growth potential in the healthcare company's business. As one of the largest health benefits providers in the U.S., Elevance Health's performance is closely watched by investors and analysts.