13FPulse
EL

ELV ELEVANCE HEALTH INC

2026Q2 · CUSIP 036752103 · Sector: Financials

Piling in

Net holder growth ranks near the top of the market

Funds that own it
1,570
Institutions that reported holding it to the SEC
Net increase in holders
+107
Last quarter 1,463 → now 1,570
How unusual is that
Top 5%
Stronger buying than 98% of US stocks
What the filings say, in one paragraph

1,570 funds held ELV at the end of 2026Q2, up 107 from the quarter before. That is stronger buying than 98.4% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $201.1B(YoY +6.3%), the P/E is 17.8x, return on equity is 11.1%. ELV has had 26 buying rushes in its history, and the price moved +4.2% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Financials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2014Q3: holders=1 2014Q4: holders=679 2015Q1: holders=716 2015Q2: holders=752 2015Q3: holders=732 2015Q4: holders=738 2016Q1: holders=738 2016Q2: holders=733 2016Q3: holders=712 2016Q4: holders=779 2017Q1: holders=788 2017Q2: holders=843 2017Q3: holders=833 2017Q4: holders=902 2018Q1: holders=917 2018Q2: holders=924 2018Q3: holders=939 2018Q4: holders=988 2019Q1: holders=1069 2019Q2: holders=1024 2019Q3: holders=1015 2019Q4: holders=1102 2020Q1: holders=1049 2020Q2: holders=1101 2020Q3: holders=1091 2020Q4: holders=1168 2021Q1: holders=1209 2021Q2: holders=1227 2021Q3: holders=1212 2021Q4: holders=1372 2022Q1: holders=1420 2022Q2: holders=1437 2022Q3: holders=1439 2022Q4: holders=1545 2023Q1: holders=1512 2023Q2: holders=1523 2023Q3: holders=1524 2023Q4: holders=1653 2024Q1: holders=1662 2024Q2: holders=1702 2024Q3: holders=1697 2024Q4: holders=1602 2025Q1: holders=1655 2025Q2: holders=1590 2025Q3: holders=1509 2025Q4: holders=1554 2026Q1: holders=1463 2026Q2: holders=1570 -678 -339 +0 +339 +678 08941788 14Q316Q117Q319Q120Q322Q123Q325Q126Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 26 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 5%
2025Q4 Top 20% +14.5%
2025Q1 Top 5% -22.4% -17.2%
2024Q2 Top 5% -24.9% -27.4%
2023Q4 Top 5% +7.2% +6.7%
2023Q2 Top 20% -0.4% +10.1%
2022Q4 Top 5% -6.3% -4.4%
2022Q2 Top 10% -2.2% -0.3%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
366
Change in large funds
+28
Total value they hold
$76.4B
Funds buying for the first time
265
Funds that sold out entirely
158
Price change that quarter
+2.7%
Funds holding puts (bearish)
28
Funds holding calls (bullish)
30

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
17.8
EPS (TTM)
$22.59
EPS YoY
-4.2%
Revenue (TTM)
$201.1B
Revenue YoY
+6.3%
Net margin
2.5%
ROE
11.1%
Debt ratio
64.4%
FCF (TTM)
$6.3B
Dividend (TTM)
$6.86
Quarterly Revenue & EPS
2022-09-30: EPS 6.62 2022-12-31: EPS 3.61 2023-03-31: EPS 8.30 2023-06-30: EPS 7.79 2023-09-30: EPS 5.45 2023-12-31: EPS 3.68 2024-03-31: EPS 9.59 2024-06-30: EPS 9.85 2024-09-30: EPS 4.36 2024-12-31: EPS 1.88 2025-03-31: EPS 9.61 2025-06-30: EPS 7.72 2025-09-30: EPS 5.32 2025-12-31: EPS 2.56 2026-03-31: EPS 8.00 2026-06-30: EPS 6.71 0B 25.4B 50.7B $B 0.00 5.42 10.84 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 17 12 16 21 2023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-3.3B1.4B6.2B 20162017201820192020202120222023202420252026
Latest quarter $4.1B (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.