Hyperion Capital Advisors Boosts Elevance Health Stake

Investment firm increases holdings in major health insurance provider by nearly 47%

Mar. 16, 2026 at 10:39am

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Hyperion Capital Advisors LP has increased its stake in Elevance Health, Inc. (NYSE:ELV) by 46.7% in the third quarter, according to a recent SEC filing. The investment firm now owns 51,643 shares of the health insurance company's stock, valued at $16.69 million.

Why it matters

Elevance Health is one of the largest health benefits companies in the United States, providing a wide range of insurance products and services. The increase in Hyperion Capital's position suggests the firm sees long-term growth potential in Elevance's business model and market positioning.

The details

According to the filing, Hyperion Capital Advisors purchased an additional 16,429 shares of Elevance Health during the third quarter, bringing its total holdings to 51,643 shares. This represents approximately 8.9% of the firm's overall investment portfolio. Elevance Health's stock price has fluctuated in recent months amid broader market volatility, but the company remains a major player in the health insurance industry.

  • Hyperion Capital Advisors increased its Elevance Health stake in the 3rd quarter of 2022.

The players

Hyperion Capital Advisors LP

An investment management firm that has increased its holdings 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.

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The takeaway

Hyperion Capital's increased stake in Elevance Health suggests the firm sees long-term growth potential in the health insurance provider, which remains a major player in the industry despite recent market volatility.