Handelsbanken Boosts Stake in UNH to Over 680,000 Shares

Handelsbanken Fonder AB significantly increased its stake in UnitedHealth Group Incorporated (NYSE: UNH) during the second quarter, according to a recent filing with the Securities & Exchange Commission. The institutional investor purchased an additional 339,020 shares of the healthcare conglomerate's stock, bringing its total holdings to 687,561 shares.

Handelsbanken Fonder AB now owns approximately 0.8% of UnitedHealth Group's investment portfolio, making it the company's 18th largest holding. The institutional investor's stake in UNH is valued at $285,771,000 as of the end of the most recent quarter.

Handelsbanken Fonder AB was not alone in increasing its holdings in UnitedHealth Group. Other hedge funds and institutional investors also made significant purchases during the second quarter, including Vanguard Group Inc., State Street Corp, Capital World Investors, and Price T Rowe Associates Inc. MD.