Moore Capital Management Boosts Elevance Health Stake

Institutional investor increases holding in health insurance giant by over 149%

Mar. 17, 2026 at 10:52am

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Moore Capital Management LP, an institutional investor, has significantly increased its stake in Elevance Health, Inc. (NYSE: ELV) by 149.3% in the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 29,974 shares of the health insurance company's stock.

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 increased investment by Moore Capital Management suggests the firm sees growth potential in Elevance Health's business and stock performance.

The details

According to the 13F filing, Moore Capital Management purchased an additional 17,953 shares of Elevance Health during the third quarter, bringing its total stake to 29,974 shares. The firm's holdings in Elevance Health were valued at $9,685,000 as of the most recent filing.

  • Moore Capital Management increased its Elevance Health stake in the third quarter of 2026.

The players

Moore Capital Management LP

An institutional investment firm that has significantly 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.

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The takeaway

The increased investment by Moore Capital Management in Elevance Health suggests the firm believes the health insurance company has strong growth potential, underscoring the continued importance of the healthcare sector in the U.S. economy.