Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

HUMANA INC (HUM)

867 + Investors. Track Smart Money conviction in HUM. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -31
Streak
1Q ▼
Buyers last Q
43%

Smart Money Signals — HUM

Based on 812 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their HUM positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 77% of 3.0Y peak

77% of all-time peak
812 funds currently hold this stock — 77% of the 3.0-year high of 1,048 funds (reached 2023 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding HUM is almost the same as a year ago (-20 funds, -2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 43% buying

375 buying502 selling
Last quarter: 502 funds reduced or exited vs 375 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-22 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 136 → 113 → 137 → 115. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

71% of holders stayed for 2+ years

■ 71% conviction (2yr+) ■ 15% medium ■ 14% new
576 out of 812 hedge funds have held HUM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~115 new funds/quarter

135 → 136 → 113 → 137 → 115 new funds/Q
New funds entering each quarter: 136 → 113 → 137 → 115. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 74% of holders stayed 2+ years

■ 74% veterans ■ 8% 1-2yr ■ 18% new
Of 867 current holders: 640 (74%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 60% AUM from top-100 funds

60% from top-100 AUM funds
49 of 812 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in HUM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.6
out of 10
Low Exit Risk
Exit risk score 2.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: HUM

How many hedge funds hold HUM — quarterly history vs. share price
Quarterly hedge fund ownership of HUM vs. share price

Market Analysis: HUM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HUM

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

56 top-rated funds 9 high-conviction
Consensus
7.6
/ 10
breadth
×
Elite
4.7
/ 10
conviction
Hedge Fund Positioning: HUM
2026 Q1 Stats Unlock in 10 days 867 + Investors

Track Smart Money conviction in HUM. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 867 909 -4.62%
13F Shares 128M 124M 2.94%
Total Value $32.62B $32.15B 1.44%
New Positions 117 141 -24
Increased Positions 313 413 -100
Closed Positions 155 136 +19
Reduced Positions 465 386 +79
Total Calls 30 42 -28.57%
Total Puts 31 33 -6.06%
PUT/CALL Ratio 1.03 0.79 Neutral

Statistics: HUM

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

867 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in HUM. Verified SEC 13F-HR filings.

Top 25 institutional holders of HUM — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 High Ground Investment Management LLP 16.45% 510,879 $88.6M
2 PZENA INVESTMENT MANAGEMENT LLC 3.08% 5,470,982 $948.6M
3 Sivik Global Healthcare LLC 2.63% 20,000 $3K
4 BCV Asset Management Inc. 2.37% 397,685 $68.9M
5 Marex Group plc 1.50% 149,118 $55.7M
6 ARGA Investment Management, LP 1.31% 230,077 $39.9M
7 CHIRON CAPITAL MANAGEMENT, LLC 1.03% 5,802 $1.0M
8 SECTOR GAMMA AS 0.79% 19,202 $3.3M
9 Mandatum Life Insurance Co Ltd 0.55% 14,000 $2.4M
10 Fisher Funds Management LTD 0.54% 106,667 $18.5M
11 Watershed Asset Management, L.L.C. 0.49% 2,735 $474K
12 Pettee Investors, Inc. 0.42% 3,460 $818K
13 WASHINGTON CAPITAL MANAGEMENT, INC 0.39% 2,660 $461K
14 GARDNER LEWIS ASSET MANAGEMENT L P 0.36% 9,577 $1.7M
15 Ridgewood Investments LLC 0.33% 4,705 $816K
16 DIAMOND HILL CAPITAL MANAGEMENT INC 0.30% 280,261 $48.6M
17 Bayforest Capital Ltd 0.30% 1,524 $264K
18 Camelot Portfolios, LLC 0.29% 2,250 $390K
19 Smith Thornton Advisors LLC 0.25% 2,819 $489K
20 Perpetual Ltd 0.24% 91,819 $15.9M
21 HEARTLAND ADVISORS INC 0.19% 21,353 $3.7M
22 HERITAGE OAK WEALTH ADVISORS LLC 0.19% 3,350 $584K
23 American State Bank (Iowa) 0.18% 472 $194K
24 ASAHI LIFE ASSET MANAGEMENT CO., LTD. 0.18% 1,638 $284K
25 AMF Tjanstepension AB 0.18% 155,989 $27.0M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — HUMANA INC (HUM)

What does the Smart Money Trend signal show for HUM?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their HUM positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for HUM?

More sellers than buyers — 43% buying: Last quarter: 502 funds reduced or exited vs 375 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for HUM holders?

Elite ownership — 60% AUM from top-100 funds: 49 of 812 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in HUM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held HUM?

71% of holders stayed for 2+ years: 576 out of 812 hedge funds have held HUM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.