Cliff Asness's UNH Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 1.1M shares of UnitedHealth Group Incorporated (UNH) worth $395.57 M, representing 0.25% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 52 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in UNH, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2015, adding 2.0M shares. Largest reduction occurred in Q3 2017, reducing 936.1K shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's UnitedHealth Group Incorporated (UNH) Holding Value Over Time
Track share changes against reported price movement
Quarterly UnitedHealth Group Incorporated (UNH) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +630,353 | Add 0.00% | 630,352 | $54.24 |
| Q2 2013 | +848,989 | Add 0.00% | 848,988 | $65.48 |
| Q3 2013 | -304,635 | Reduce 35.88% | 544,353 | $71.61 |
| Q4 2013 | +474,501 | Add 87.17% | 1.02 M | $75.30 |
| Q1 2014 | +159,221 | Add 15.63% | 1.18 M | $81.99 |
| Q2 2014 | +100,200 | Add 8.51% | 1.28 M | $81.75 |
| Q3 2014 | -427,696 | Reduce 33.46% | 850,579 | $86.25 |
| Q4 2014 | +383,442 | Add 45.08% | 1.23 M | $101.09 |
| Q1 2015 | +754,063 | Add 61.11% | 1.99 M | $118.29 |
| Q2 2015 | +2.02 M | Add 101.60% | 4.01 M | $122.00 |
| Q3 2015 | +571,110 | Add 14.25% | 4.58 M | $116.01 |
| Q4 2015 | -564,458 | Reduce 12.33% | 4.01 M | $117.64 |
| Q1 2016 | -803,697 | Reduce 20.02% | 3.21 M | $128.90 |
| Q2 2016 | -220,526 | Reduce 6.87% | 2.99 M | $141.20 |
| Q3 2016 | +131,866 | Add 4.41% | 3.12 M | $140.00 |
| Q4 2016 | +615,957 | Add 19.73% | 3.74 M | $160.04 |
| Q1 2017 | -102,308 | Reduce 2.74% | 3.64 M | $164.01 |
| Q2 2017 | -298,940 | Reduce 8.22% | 3.34 M | $185.42 |
| Q3 2017 | -936,088 | Reduce 28.05% | 2.4 M | $195.85 |
| Q4 2017 | -119,926 | Reduce 5.00% | 2.28 M | $220.46 |
| Q1 2018 | -11,426 | Reduce 0.50% | 2.27 M | $214.00 |
| Q2 2018 | +318,094 | Add 14.02% | 2.59 M | $245.41 |
| Q3 2018 | +34,685 | Add 1.34% | 2.62 M | $266.04 |
| Q4 2018 | -475,262 | Reduce 18.12% | 2.15 M | $249.12 |
| Q1 2019 | -453,202 | Reduce 21.11% | 1.69 M | $243.99 |
| Q2 2019 | -226,491 | Reduce 13.37% | 1.47 M | $239.20 |
| Q3 2019 | -145,494 | Reduce 9.92% | 1.32 M | $214.98 |
| Q4 2019 | -442,672 | Reduce 33.49% | 879,226 | $293.98 |
| Q1 2020 | -50,312 | Reduce 5.72% | 828,914 | $249.38 |
| Q2 2020 | +218,538 | Add 26.36% | 1.05 M | $288.98 |
| Q3 2020 | -92,556 | Reduce 8.84% | 954,896 | $308.97 |
| Q4 2020 | -73,326 | Reduce 7.68% | 881,570 | $346.20 |
| Q1 2021 | -85,695 | Reduce 9.72% | 795,875 | $372.07 |
| Q2 2021 | +9,358 | Add 1.18% | 805,233 | $397.92 |
| Q3 2021 | +70,695 | Add 8.78% | 875,928 | $390.74 |
| Q4 2021 | -45,351 | Reduce 5.18% | 830,577 | $502.14 |
| Q1 2022 | -39,044 | Reduce 4.70% | 791,533 | $509.97 |
| Q2 2022 | -191,236 | Reduce 24.16% | 600,297 | $512.92 |
| Q3 2022 | -16,576 | Reduce 2.76% | 583,721 | $505.04 |
| Q4 2022 | +9,874 | Add 1.69% | 593,595 | $527.83 |
| Q1 2023 | -49,295 | Reduce 8.30% | 544,300 | $472.59 |
| Q2 2023 | -38,204 | Reduce 7.02% | 506,096 | $476.50 |
| Q3 2023 | +35,939 | Add 7.10% | 542,035 | $504.19 |
| Q4 2023 | -149,134 | Reduce 27.51% | 392,901 | $525.28 |
| Q1 2024 | -40,134 | Reduce 10.21% | 352,767 | $492.47 |
| Q2 2024 | -76,497 | Reduce 21.68% | 276,270 | $495.69 |
| Q3 2024 | -36,800 | Reduce 13.32% | 239,470 | $581.77 |
| Q4 2024 | -16,232 | Reduce 6.78% | 223,238 | $505.86 |
| Q1 2025 | +561,451 | Add 251.50% | 784,689 | $523.75 |
| Q2 2025 | +232,961 | Add 29.69% | 1.02 M | $307.35 |
| Q3 2025 | +127,930 | Add 12.57% | 1.15 M | $345.30 |
Cliff Asness's UnitedHealth Group Incorporated Investment FAQs
Cliff Asness first purchased UnitedHealth Group Incorporated (UNH) in Q4 2012, acquiring 630,352 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held UnitedHealth Group Incorporated (UNH) for 52 quarters since Q4 2012. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to UnitedHealth Group Incorporated (UNH) was in Q2 2015, adding 4,008,004 shares worth $488.98 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 1,145,580 shares of UnitedHealth Group Incorporated (UNH), valued at approximately $395.57 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, UnitedHealth Group Incorporated (UNH) represents approximately 0.25% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's peak holding in UnitedHealth Group Incorporated (UNH) was 4,579,114 shares, as reported at the end of Q3 2015. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.