Sivik Global Healthcare Betting Big on These Five Stocks in Q4

#3 Humana Inc (NYSE:HUM)

Shares held (as of September 30): 50,000

Total Value (as of September 30): $8.95 million

Percent of Portfolio (as of September 30): 4.34%

In Humana Inc (NYSE:HUM), Sivik Global cut its position by over 26% during the quarter. The company’s pending merger with Aetna Inc (NYSE:AET) is expected to close in the second half of 2016. Humana Inc (NYSE:HUM) is a health and well-being company, whose revenues for the third quarter rose to $13.36 billion, versus $12.24 billion in a year ago. Earnings per share was $2.09, up from $1.85 in 2014. Humana Inc (NYSE:HUM)’s is up over 23% year-to-date. Another investor, from our database, that holds Humana is Andreas Halvorsen’s Viking Global, which owns 3.21 million shares of the company.

#2 Health Net Inc. (NYSE:HNT)

Shares held (as of September 30): 160,000

Total Value (as of September 30): $9.64 million

Percent of Portfolio (as of September 30): 4.67%

Sivik Global was bullish on Health Net Inc. (NYSE:HNT), in which the investor boosted its stake by over 75%. Having a market cap of over $5 billion, Health Net Inc. (NYSE:HNT) is a managed care organization, which is being acquired by Centene Corporation (NYSE: CNC). In July, the companies signed a merger agreement, under which Centene will acquire all of the issued and outstanding shares of Health Net. The transaction is expected to close in early 2016, subject to receipt of required regulatory approvals and satisfaction of other customary closing conditions. Shares of Health Net Inc. (NYSE:HNT) have increased by 22.64% year-to-date. Samuel Isaly’s Orbimed Advisors also likes Health Net, in which the investor holds also holds about 3.70 million shares.

#1 CIGNA Corporation (NYSE:CI)

Shares held (as of September 30): 75,000

Total Value (as of September 30): $10.13 million

Percent of Portfolio (as of September 30): 4.91%

CIGNA Corporation (NYSE:CI) is a health services company, with a market cap of $34.20 billion. The investor upped its position in the company by more than 24% during the quarter. CIGNA Corporation (NYSE:CI) was profitable in the third quarter, with its income increasing to $547 million, or $2.10 per share, compared to $534 million, or $2.01 per share, for the same quarter last year. Revenues for the quarter rose to $9.4 billion, versus $8.76 billion in 2014. CIGNA Corporation (NYSE:CI)’s stock has been performing well, increasing by over 29% year-to-date on the back of its upcoming acquisition by Anthem. CIGNA is also a favorite stock of Larry Robbins‘ Glenview Capital, which held around 2.82 million shares of the company at the end of the second quarter

Disclosure: none