HUMANA INC HUM
COM · Common Stock · CUSIP 444859102 · ISIN US4448591028
American managed health care company
- SectorHealth care
- IndustryHospital & Medical Service Plans
- HeadquartersLouisville, KY
- Founded1961
- Websitehumana.com
- FilingsSEC EDGAR
* 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 ($73.2m this quarter). Holder counts are more reliable. Shares outstanding: 120.1m as of 2026-03-31, 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 ≈ $173.26. Options: 30 managers hold calls ($924.7m notional), 37 hold puts ($826.9m).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,002 |
| Q4 2022 | 1,079 |
| Q1 2023 | 1,048 |
| Q2 2023 | 1,073 |
| Q3 2023 | 1,091 |
| Q4 2023 | 1,155 |
| Q1 2024 | 1,031 |
| Q2 2024 | 985 |
| Q3 2024 | 945 |
| Q4 2024 | 878 |
| Q1 2025 | 904 |
| Q2 2025 | 880 |
| Q3 2025 | 893 |
| Q4 2025 | 863 |
| Q1 2026 | 786 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 441 | 540 |
| Q3 2024 | 408 | 506 |
| Q4 2024 | 372 | 563 |
| Q1 2025 | 447 | 418 |
| Q2 2025 | 416 | 454 |
| Q3 2025 | 456 | 412 |
| Q4 2025 | 336 | 491 |
| Q1 2026 | 335 | 495 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $2.1bn | $1.4bn | 0.68 |
| Q3 2025 | $2.4bn | $1.5bn | 0.64 |
| Q4 2025 | $1.5bn | $1.1bn | 0.75 |
| Q1 2026 | $924.7m | $826.9m | 0.89 |
Biggest buyers
| Sessa Capital IM, L.P. | Added | +1.4m |
| PZENA INVESTMENT MANAGEMENT LLC | Added | +1.4m |
| Capital Research Global Investors | New | +1.1m |
| GOLDMAN SACHS GROUP INC | Added | +926.4k |
| NAYA CAPITAL MANAGEMENT UK LTD | Added | +421.9k |
| Tidal Investments LLC | Added | +358.8k |
| GLENVIEW CAPITAL MANAGEMENT, LLC | New | +334.9k |
| SG Americas Securities, LLC | Added | +333.8k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Added | +326.8k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Added | +245.5k |
Biggest sellers
| Capital International Investors | Reduced | -3.8m |
| JPMORGAN CHASE & CO | Reduced | -1.6m |
| Bank of New York Mellon Corp | Reduced | -1.5m |
| FRANKLIN RESOURCES INC | Reduced | -981.8k |
| Artisan Partners Limited Partnership | Sold out | -684.8k |
| Holocene Advisors, LP | Sold out | -611.9k |
| Allspring Global Investments Holdings, LLC | Reduced | -537.1k |
| Slate Path Capital LP | Reduced | -493.3k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -483.2k |
| BlackRock, Inc. | Reduced | -433.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $186.2m1.1m shares |
| CITADEL ADVISORS LLC | Added | $181.2m1.0m shares |
| GOLDMAN SACHS GROUP INC | Added | $100.5m579.4k shares |
| IMC-Chicago, LLC | Added | $86.8m500.4k shares |
| JPMORGAN CHASE & CO | Added | $83.8m504.9k shares |
| NOMURA HOLDINGS INC | New | $45.0m259.6k shares |
| GROUP ONE TRADING LLC | Added | $44.7m257.7k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $43.5m250.6k shares |
| JANE STREET GROUP, LLC | Reduced | $35.2m202.9k shares |
| Walleye Trading LLC | Reduced | $34.2m197.3k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $215.7m1.2m shares |
| CITADEL ADVISORS LLC | Reduced | $106.9m616.8k shares |
| JPMORGAN CHASE & CO | Added | $97.7m588.3k shares |
| IMC-Chicago, LLC | Added | $74.2m428.2k shares |
| GOLDMAN SACHS GROUP INC | Added | $64.9m374.2k shares |
| JANE STREET GROUP, LLC | Added | $46.2m266.2k shares |
| Walleye Trading LLC | Reduced | $29.4m169.3k shares |
| GROUP ONE TRADING LLC | Reduced | $23.1m133.5k shares |
| NOMURA HOLDINGS INC | Added | $18.4m105.9k shares |
| Squarepoint Ops LLC | Added | $18.1m104.4k 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 |
|---|---|
| DODGE & COX 13G · institution +1.0 pts · filed 2026-05-14 | 9.5% |
| BlackRock, Inc. 13G · institution filed 2025-04-17 | 7.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q1 2026
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 |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 1 | $948.9k | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 1 | $1.5m | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 1 | $150.0k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-02-23 | Shetty Sanjay K President, CenterWell | Bought | $150.0k810 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, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| Dodge & Cox 1.08% of their portfolio | 11.4m $2.0bn | Added +90.2k |
| BlackRock, Inc. 0.03% of their portfolio | 10.2m $1.8bn | Reduced -433.7k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 7.8m $1.4bn | First filing |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.05% of their portfolio | 5.8m $1.0bn | First filing |
| PZENA INVESTMENT MANAGEMENT LLC 3.08% of their portfolio | 5.5m $948.6m | Added +1.4m |
| STATE STREET CORP 0.03% of their portfolio | 5.5m $950.2m | Reduced -9.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.26% of their portfolio | 4.5m $775.2m | Reduced -14.4k |
| Sessa Capital IM, L.P. 12.30% of their portfolio | 3.7m $646.4m | Added +1.4m |
| GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 3.3m $576.0m | Added +142.1k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 3.0m $503.7m | Reduced -1.6m |
| EAGLE CAPITAL MANAGEMENT LLC 1.73% of their portfolio | 3.0m $514.5m | Reduced -287.3k |
| FMR LLC 0.03% of their portfolio | 2.8m $491.4m | Reduced -381.3k |
| Invesco Ltd. 0.04% of their portfolio | 2.4m $413.7m | Added +152.7k |
| Capital International Investors 0.08% of their portfolio | 2.0m $344.4m | Reduced -3.8m |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 1.9m $330.5m | Added +926.4k |
| NAYA CAPITAL MANAGEMENT UK LTD 24.44% of their portfolio | 1.7m $288.7m | Added +421.9k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.86% of their portfolio | 1.6m $279.0m | Added +245.5k |
| MORGAN STANLEY 0.02% of their portfolio | 1.4m $251.0m | Reduced -18.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 1.3m $223.1m | Added +78.9k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 1.2m $210.0m | Reduced -16.0k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 1.1m $197.7m | Reduced -12.8k |
| Capital Research Global Investors 0.03% of their portfolio | 1.1m $190.6m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 1.1m $189.6m | Reduced -90.4k |
| Newport Trust Company, LLC 0.45% of their portfolio | 1.0m $181.5m | Added +61.0k |
| Legal & General Group Plc 0.04% of their portfolio | 878.2k $152.3m | Added +1.9k |
| Allianz Asset Management GmbH 0.16% of their portfolio | 814.8k $141.3m | Reduced -69.1k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 806.9k $139.9m | Reduced -37.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 713.4k $123.7m | Reduced -483.2k |
| VANGUARD FIDUCIARY TRUST CO 0.03% of their portfolio | 678.8k $117.7m | First filing |
| Bank of New York Mellon Corp 0.02% of their portfolio | 614.9k $106.6m | Reduced -1.5m |
| VICTORY CAPITAL MANAGEMENT INC 0.06% of their portfolio | 563.1k $97.6m | Added +129.1k |
| D. E. Shaw & Co., Inc. 0.08% of their portfolio | 555.2k $96.3m | Added +101.7k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.31% of their portfolio | 543.9k $94.3m | Added +51.1k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 523.9k $90.8m | Added +78.5k |
| High Ground Investment Management LLP 16.45% of their portfolio | 510.9k $88.6m | Added +16.9k |
| Russell Investments Group, Ltd. 0.09% of their portfolio | 466.9k $80.8m | Added +99.2k |
| Slate Path Capital LP 1.18% of their portfolio | 459.7k $79.7m | Reduced -493.3k |
| Amundi 0.02% of their portfolio | 455.4k $79.0m | Added +37.5k |
| UBS Group AG 0.01% of their portfolio | 415.3k $72.0m | Reduced -163.1k |
| Nuveen, LLC 0.02% of their portfolio | 411.8k $71.4m | Added +21.3k |
| SG Americas Securities, LLC 0.08% of their portfolio | 410.6k $71.2m | Added +333.8k |
| BARCLAYS PLC 0.02% of their portfolio | 399.6k $69.3m | Added +46.0k |
| BCV Asset Management Inc. 2.37% of their portfolio | 397.7k $68.9m | Added +141.6k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 385.1k $66.8m | Added +45.7k |
| Tidal Investments LLC 0.20% of their portfolio | 378.1k $62.9m | Added +358.8k |
| Swiss National Bank 0.04% of their portfolio | 353.0k $61.2m | Added +23.4k |
| Maple Rock Capital Partners Inc. 1.95% of their portfolio | 344.8k $59.8m | Added +172.1k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.10% of their portfolio | 336.6k $58.4m | Added +326.8k |
| JUPITER ASSET MANAGEMENT LTD 0.31% of their portfolio | 336.5k $58.4m | Added +189.1k |
| GLENVIEW CAPITAL MANAGEMENT, LLC 1.57% of their portfolio | 334.9k $58.1m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio | 334.0k $57.9m | Added +100.5k |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 325.9k $56.3m | Reduced -335.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 324.8k $56.3m | Reduced -29.7k |
| FIL Ltd 0.04% of their portfolio | 305.6k $53.0m | Added +87.6k |
| ACADIAN ASSET MANAGEMENT LLC 0.07% of their portfolio | 297.5k $51.6m | Added +74.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.07% of their portfolio | 295.3k $51.2m | Added +186.9k |
| CAPITAL FUND MANAGEMENT S.A. 0.45% of their portfolio | 291.3k $50.5m | Added +163.3k |
| Long Focus Capital Management, LLC 2.17% of their portfolio | 285.0k $49.4m | Added +115.5k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.30% of their portfolio | 280.3k $48.6m | Added +200.7k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 273.9k $47.5m | Reduced -981.8k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 270.1k $46.8m | Added +19.8k |
| Vanguard Global Advisers, LLC 0.02% of their portfolio | 267.7k $46.4m | First filing |
| NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio | 257.5k $44.6m | Reduced -128.3k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.04% of their portfolio | 241.2k $41.8m | First filing |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 240.3k $41.7m | Reduced -5.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 235.5k $40.8m | Added +49.6k |
| ARGA Investment Management, LP 1.31% of their portfolio | 230.1k $39.9m | Added +7.0k |
| South Dakota Investment Council 0.76% of their portfolio | 229.1k $39.7m | Added +67.7k |
| FEDERATED HERMES, INC. 0.06% of their portfolio | 221.3k $38.4m | Added +2.8k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 219.1k $38.0m | Added +17.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 218.7k $37.9m | Reduced -132.8k |
| Aberdeen Group plc 0.06% of their portfolio | 215.0k $37.3m | Reduced -68.7k |
| CITIGROUP INC 0.02% of their portfolio | 209.4k $36.3m | Added +78.0k |
| Ensign Peak Advisors, Inc 0.07% of their portfolio | 201.3k $34.9m | Reduced -16.4k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 192.5k $32.7m | Reduced -90.6k |
| National Pension Service 0.02% of their portfolio | 184.8k $32.0m | Reduced -15.2k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 173.6k $30.1m | Reduced -2.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 171.3k $29.7m | Reduced -4.5k |
| California Public Employees Retirement System 0.02% of their portfolio | 171.2k $29.7m | Reduced -55.2k |
| Solel Partners LP 6.29% of their portfolio | 169.6k $29.4m | Added +56.0k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.11% of their portfolio | 165.1k $28.6m | New |
| Man Group plc 0.06% of their portfolio | 160.5k $27.8m | Added +97.1k |
| AMF Tjanstepension AB 0.18% of their portfolio | 156.0k $27.0m | Added +4.4k |
| NOMURA HOLDINGS INC 0.22% of their portfolio | 153.2k $26.6m | Added +142.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 145.0k $25.1m | Reduced -884 |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 141.7k $24.6m | Added +107.9k |
| ARMISTICE CAPITAL, LLC 0.81% of their portfolio | 141.3k $24.5m | Added +69.6k |
| Duquesne Family Office LLC 0.81% of their portfolio | 137.5k $23.8m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 136.8k $23.7m | Reduced -34.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 134.3k $23.3m | Reduced -945 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 132.7k $23.0m | Added +4.0k |
| NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio | 128.5k $22.3m | Added +45.3k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 124.6k $21.6m | Reduced -314 |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 120.8k $30.9m | Reduced -31.1k |
| Trexquant Investment LP 0.15% of their portfolio | 120.1k $20.8m | New |
| NATIXIS 0.08% of their portfolio | 118.6k $20.6m | Added +87.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 116.5k $20.2m | Reduced -35.9k |
| Redwood Grove Capital, LLC 6.43% of their portfolio | 114.9k $19.9m | Added +9.2k |
| Kopernik Global Investors, LLC 1.37% of their portfolio | 113.4k $19.7m | New |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 112.6k $19.5m | New |