Five Healthcare Plan Providers You Should Buy Now

4. Anthem Inc (NYSE:ANTM)

Investors with Long Positions (as of June 30): 60

Aggregate Value of Investors’ Holdings (as of June 30): $3.02 Billion

Anthem Inc (NYSE:ANTM) has been in the news continuously ever since it announced on July 24 that it will be acquiring CIGNA Corporation (NYSE:CI) in a  $48 billion deal. Although shares of the company rose by 6.7% during the second quarter and the ownership of the company among hedge funds in our database also rose by nine during the same period, the aggregate value of hedge funds’ holding in the company declined by 4.16% during the same period. On September 22, Anthem Inc (NYSE:ANTM)’s CEO, Joseph Swedish, defended the Cigna deal, against allegations that it would make the former a dominant player in the health insurance market and create a competitive imbalance, in front of a Senate Judiciary subcommittee hearing in Washington. Last month the company announced the appointment of Brian Griffin as executive vice president and president for Commercial and Specialty Business. Andreas Halvorsen‘s Viking Global initiated a stake in Anthem during the second quarter by acquiring slightly over 1.9 million shares.

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