Humana Inc (HUM): Are Hedge Funds Right About This Stock?

Hedge fund activity in Humana Inc (NYSE:HUM)

At the end of the fourth quarter, a total of 58 of the hedge funds tracked by Insider Monkey held long positions in this stock, a change of 4% from one quarter earlier. With the smart money’s sentiment swirling, there exists a select group of notable hedge fund managers who were upping their holdings substantially (or already accumulated large positions).

According to Insider Monkey’s hedge fund database, Larry Robbins’s Glenview Capital has the number one position in Humana Inc (NYSE:HUM), worth close to $1.47 billion, amounting to 8.3% of its total 13F portfolio. The second largest stake is held by Viking Global, managed by Andreas Halvorsen, which holds a $773.3 million position; the fund has 2.9% of its 13F portfolio invested in the stock. Remaining peers that are bullish consist of Nick Niell’s Arrowgrass Capital Partners, D. E. Shaw’s D E Shaw and Matthew Halbower’s Pentwater Capital Management.