THE CIGNA GROUP CI
COM · Common Stock · CUSIP 125523100 · ISIN US1255231003
American health services organization
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($325.5m this quarter). Holder counts are more reliable. Shares outstanding: 305.7m as of 2022-10-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $277.78. Options: 42 managers hold calls ($2.5bn notional), 39 hold puts ($1.6bn).
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | — | $533.0m1.9m shares |
| Parallax Volatility Advisers, L.P. | — | $511.2m1.8m shares |
| BloombergSen Inc. | — | $303.2m1.1m shares |
| CITADEL ADVISORS LLC | — | $300.8m1.1m shares |
| GROUP ONE TRADING LLC | — | $287.8m1.0m shares |
| MILLENNIUM MANAGEMENT LLC | — | $119.9m432.2k shares |
| WOLVERINE TRADING, LLC | — | $90.9m324.1k shares |
| Walleye Trading LLC | — | $75.7m272.8k shares |
| JANE STREET GROUP, LLC | — | $61.8m222.8k shares |
| SIMPLEX TRADING, LLC | — | $58.5m211.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | — | $336.0m1.2m shares |
| CITADEL ADVISORS LLC | — | $290.2m1.0m shares |
| MILLENNIUM MANAGEMENT LLC | — | $221.1m797.0k shares |
| Parallax Volatility Advisers, L.P. | — | $215.8m777.6k shares |
| JANE STREET GROUP, LLC | — | $73.1m263.4k shares |
| Walleye Trading LLC | — | $60.4m217.7k shares |
| CITIGROUP INC | — | $49.5m178.3k shares |
| D. E. Shaw & Co., Inc. | — | $49.1m177.0k shares |
| SIMPLEX TRADING, LLC | — | $43.2m155.7k shares |
| WOLVERINE TRADING, LLC | — | $33.4m118.9k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
| BlackRock, Inc. 13G · institution filed 2025-04-24 | 7.4% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q3 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2020 | 0 | — | 0 | — | — |
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 3 | $4.1m | — |
| Q2 2022 | 0 | — | 5 | $47.0m | — |
| Q3 2022 | 0 | — | 6 | $10.8m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2022-09-12 | Triplett Michael W President, U.S. Commercial | Sold | $2.4m8.3k shares |
| 2022-08-09 | Agoglia Hoeltzel Mary T SVP Tax & Chief Acct. Officer | Sold | $2.0m7.0k shares |
| 2022-08-09 | Sanford Paul A EVP Operations | Sold | $106.6k374 shares |
| 2022-08-01 | Neville Everett EVP, Strat, Corp Dev/Solutions | Sold | $247.1k902 shares |
| 2022-07-08 | Sadler Jason D Pres., International Markets | Sold | $2.7m9.5k shares |
| 2022-07-07 | Palmer Eric P President & CEO, Evernorth | Sold | $1.8m6.5k shares |
| 2022-07-07 | Neville Everett EVP, Strat, Corp Dev/Solutions | Sold | $1.4m5.1k shares |
| 2022-07-07 | Sanford Paul A EVP Operations | Sold | $102.8k374 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2022
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.25% of their portfolio | 26.6m $7.4bn | — |
| VANGUARD GROUP INC 0.21% of their portfolio | 25.3m $7.0bn | — |
| FMR LLC 0.47% of their portfolio | 16.2m $4.5bn | — |
| Sanders Capital, LLC 5.62% of their portfolio | 14.7m $4.1bn | — |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.66% of their portfolio | 14.5m $4.0bn | — |
| STATE STREET CORP 0.25% of their portfolio | 14.1m $3.9bn | — |
| Dodge & Cox 2.55% of their portfolio | 12.1m $3.4bn | — |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 1.21% of their portfolio | 11.6m $3.2bn | — |
| Capital World Investors 0.61% of their portfolio | 9.8m $2.7bn | — |
| BANK OF AMERICA CORP /DE/ 0.23% of their portfolio | 6.3m $1.7bn | — |
| GEODE CAPITAL MANAGEMENT, LLC 0.23% of their portfolio | 5.5m $1.5bn | — |
| MORGAN STANLEY 0.18% of their portfolio | 4.9m $1.3bn | — |
| JPMORGAN CHASE & CO 0.19% of their portfolio | 4.3m $1.2bn | — |
| Boston Partners 1.38% of their portfolio | 3.4m $940.9m | — |
| Amundi 0.58% of their portfolio | 3.4m $982.4m | — |
| NORTHERN TRUST CORP 0.20% of their portfolio | 3.2m $886.4m | — |
| Bank of New York Mellon Corp 0.21% of their portfolio | 3.1m $862.4m | — |
| Davis Selected Advisers 6.11% of their portfolio | 3.1m $858.6m | — |
| Invesco Ltd. 0.25% of their portfolio | 2.8m $783.3m | — |
| NORDEA INVESTMENT MANAGEMENT AB 1.28% of their portfolio | 2.8m $792.0m | — |
| Nuveen Asset Management, LLC 0.31% of their portfolio | 2.8m $773.3m | — |
| DIMENSIONAL FUND ADVISORS LP 0.29% of their portfolio | 2.7m $745.6m | — |
| Capital International Investors 0.20% of their portfolio | 2.4m $674.4m | — |
| Legal & General Group Plc 0.26% of their portfolio | 2.4m $659.6m | — |
| AMERIPRISE FINANCIAL INC 0.21% of their portfolio | 2.1m $571.4m | — |
| MACQUARIE GROUP LTD 0.69% of their portfolio | 2.0m $564.0m | — |
| PUTNAM INVESTMENTS LLC 1.05% of their portfolio | 2.0m $554.3m | — |
| GOLDMAN SACHS GROUP INC 0.16% of their portfolio | 2.0m $547.5m | — |
| GLENVIEW CAPITAL MANAGEMENT, LLC 13.65% of their portfolio | 1.9m $538.3m | — |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.18% of their portfolio | 1.8m $500.3m | — |
| DEUTSCHE BANK AG\ 0.29% of their portfolio | 1.7m $472.3m | — |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.25% of their portfolio | 1.6m $447.1m | — |
| MARSHALL WACE, LLP 1.09% of their portfolio | 1.6m $432.5m | — |
| Parallax Volatility Advisers, L.P. 8.14% of their portfolio | 1.5m $405.8m | — |
| Swiss National Bank 0.27% of their portfolio | 1.4m $381.5m | — |
| Sumitomo Mitsui Trust Group, Inc. 0.30% of their portfolio | 1.3m $368.4m | — |
| Swedbank AB 0.82% of their portfolio | 1.2m $342.8m | — |
| ALLIANCEBERNSTEIN L.P. 0.15% of their portfolio | 1.2m $319.5m | — |
| LYRICAL ASSET MANAGEMENT LP 5.75% of their portfolio | 1.0m $277.9m | — |
| NORGES BANK 0.07% of their portfolio | 970.4k $269.3m | — |
| AMERICAN CENTURY COMPANIES INC 0.24% of their portfolio | 967.3k $268.4m | — |
| NEUBERGER BERMAN GROUP LLC 0.23% of their portfolio | 809.3k $224.7m | — |
| MILLENNIUM MANAGEMENT LLC 0.26% of their portfolio | 759.2k $210.7m | — |
| NEW YORK STATE COMMON RETIREMENT FUND 0.30% of their portfolio | 757.4k $210.2m | — |
| FIL Ltd 0.26% of their portfolio | 739.2k $205.1m | — |
| WELLS FARGO & COMPANY/MN 0.07% of their portfolio | 728.2k $202.0m | — |
| Russell Investments Group, Ltd. 0.44% of their portfolio | 727.2k $201.9m | — |
| California Public Employees Retirement System 0.18% of their portfolio | 707.4k $196.3m | — |
| Grantham, Mayo, Van Otterloo & Co. LLC 1.11% of their portfolio | 693.6k $192.4m | — |
| LSV ASSET MANAGEMENT 0.43% of their portfolio | 666.9k $185.0m | — |
| RHUMBLINE ADVISERS 0.26% of their portfolio | 634.2k $176.0m | — |
| PRUDENTIAL FINANCIAL INC 0.30% of their portfolio | 633.2k $175.7m | — |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.73% of their portfolio | 609.8k $169.2m | — |
| Artemis Investment Management LLP 1.79% of their portfolio | 564.2k $156.7m | — |
| NATIONAL BANK OF CANADA /FI/ 0.90% of their portfolio | 557.7k $154.9m | — |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.23% of their portfolio | 556.5k $154.4m | — |
| Focused Investors LLC 5.44% of their portfolio | 547.7k $152.0m | — |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.25% of their portfolio | 543.6k $150.8m | — |
| National Pension Service 0.30% of their portfolio | 515.3k $144.6m | — |
| CREDIT SUISSE AG/ 0.15% of their portfolio | 487.9k $135.4m | — |
| BRANDES INVESTMENT PARTNERS, LP 3.42% of their portfolio | 471.0k $130.7m | — |
| Thrivent Financial for Lutherans 0.35% of their portfolio | 465.1k $129.0m | — |
| PNC Financial Services Group, Inc. 0.13% of their portfolio | 461.9k $128.2m | — |
| Mitsubishi UFJ Trust & Banking Corp 0.35% of their portfolio | 457.3k $126.9m | — |
| Robeco Institutional Asset Management B.V. 0.41% of their portfolio | 454.9k $126.2m | — |
| HSBC HOLDINGS PLC 0.23% of their portfolio | 454.8k $127.1m | — |
| VICTORY CAPITAL MANAGEMENT INC 0.14% of their portfolio | 445.8k $123.7m | — |
| ROYAL BANK OF CANADA 0.04% of their portfolio | 423.7k $117.6m | — |
| Ruffer LLP 7.74% of their portfolio | 421.9k $123.7m | — |
| RAYMOND JAMES & ASSOCIATES 0.12% of their portfolio | 420.3k $116.6m | — |
| Ensign Peak Advisors, Inc 0.29% of their portfolio | 415.9k $115.4m | — |
| PZENA INVESTMENT MANAGEMENT LLC 0.57% of their portfolio | 415.6k $115.3m | — |
| CITADEL ADVISORS LLC 0.14% of their portfolio | 408.0k $113.2m | — |
| Capital Research Global Investors 0.04% of their portfolio | 398.7k $110.6m | — |
| CANADA PENSION PLAN INVESTMENT BOARD 0.18% of their portfolio | 391.5k $108.6m | — |
| NATIXIS ADVISORS, LLC 0.46% of their portfolio | 390.8k $108.4m | — |
| ALLEGHANY CORP /DE 4.82% of their portfolio | 385.0k $106.8m | — |
| ACADIAN ASSET MANAGEMENT LLC 0.58% of their portfolio | 384.3k $106.6m | — |
| Artisan Partners Limited Partnership 0.19% of their portfolio | 382.0k $106.0m | — |
| D. E. Shaw & Co., Inc. 0.18% of their portfolio | 370.6k $102.8m | — |
| AQR CAPITAL MANAGEMENT LLC 0.25% of their portfolio | 365.0k $101.3m | — |
| SAMLYN CAPITAL, LLC 1.92% of their portfolio | 363.5k $100.9m | — |
| COOPERMAN LEON G 7.03% of their portfolio | 360.9k $100.1m | — |
| PRINCIPAL FINANCIAL GROUP INC 0.08% of their portfolio | 355.9k $98.7m | — |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.26% of their portfolio | 354.0k $98.2m | — |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.77% of their portfolio | 350.3k $97.2m | — |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.25% of their portfolio | 348.4k $96.7m | — |
| BANK OF MONTREAL /CAN/ 0.05% of their portfolio | 347.2k $98.4m | — |
| INTECH INVESTMENT MANAGEMENT LLC 0.72% of their portfolio | 346.9k $96.3m | — |
| CITIGROUP INC 0.13% of their portfolio | 327.0k $90.7m | — |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.06% of their portfolio | 325.3k $90.5m | — |
| Assenagon Asset Management S.A. 0.38% of their portfolio | 318.5k $88.4m | — |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.36% of their portfolio | 316.5k $87.8m | — |
| NATIXIS 0.41% of their portfolio | 314.3k $87.5m | — |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.21% of their portfolio | 310.9k $86.3m | — |
| Homestead Advisers Corp 2.57% of their portfolio | 306.5k $85.0m | — |
| Korea Investment CORP 0.26% of their portfolio | 305.3k $84.7m | — |
| SEI INVESTMENTS CO 0.19% of their portfolio | 302.6k $84.0m | — |
| AXA S.A. 0.16% of their portfolio | 296.6k $82.3m | — |
| CANADA LIFE ASSURANCE Co 0.23% of their portfolio | 288.0k $79.9m | — |