Nordea Investment Management Trims Elevance Health Stake

Institutional investor sells over 68,000 shares of the health insurance company

Mar. 23, 2026 at 9:48am

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Nordea Investment Management AB reduced its position in Elevance Health, Inc. (NYSE:ELV) by 16.8% during the fourth quarter, according to a recent SEC filing. The fund now owns 340,267 shares of the company's stock after selling 68,527 shares.

Why it matters

Nordea Investment Management is a major institutional investor, and changes to its portfolio can signal broader market trends or investor sentiment around a particular stock like Elevance Health.

The details

Nordea Investment Management sold 68,527 shares of Elevance Health during the fourth quarter, reducing its total stake in the company to 340,267 shares. This represents a 16.8% decrease in the fund's position. Elevance Health is a large U.S. health benefits company that provides a range of insurance products and services.

  • Nordea Investment Management filed the SEC disclosure in the fourth quarter of 2026.

The players

Nordea Investment Management AB

A major institutional investment management firm based in the Nordic region.

Elevance Health, Inc.

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

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The takeaway

This filing indicates that one of Elevance Health's larger institutional investors has reduced its stake in the company, which could signal broader market uncertainty or a shift in investor sentiment around the health insurance sector.