Oppenheimer Asset Management Boosts Stake in UnitedHealth Group

Oppenheimer Asset Management Inc. has significantly increased its position in UnitedHealth Group Incorporated (NYSE:UNH), according to recent filings with the Securities & Exchange Commission.

The fund now owns a total of 99,195 shares of UNH's stock, up from 71,421 shares in the first quarter, representing a 38.9% increase in its position.

This move is part of a larger trend of hedge funds and institutional investors increasing their stakes in UNH, with notable players including Vanguard Group Inc., State Street Corp, and Capital World Investors all boosting their holdings during the fourth quarter.