Vulcan Value Partners significantly reduced its investment in UnitedHealth Group (UNH) during the second quarter of 2026, according to a recent SEC filing. The value-focused investment firm sold over 845,000 shares, cutting its position by 92.63% to just 67,310 shares. The sale reduced UnitedHealth's weight in Vulcan's reported portfolio from 6.55% to 0.85%.
This disclosure comes from a quarterly 13F filing, which is released with a delay, reflecting trades made between March 31 and June 30, 2026. During that period, UnitedHealth reported strong Q2 results, with revenues of $112.0 billion and raised its full-year earnings guidance. Vulcan Value Partners has not publicly commented on the specific reasons for this substantial trade.