ELV ranks #216 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
ELV is a top-conviction position for Baupost Group Llc/ma — at 9.1% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in ELV belongs to BlackRock, Inc., but the position matters far more to Baupost Group Llc/ma, who has 9.1% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Citigroup Inc has added to its ELV position for two straight quarters, increasing it by $753.9M to reach $829.9M today.
Ken Griffin has trimmed its ELV position for two straight quarters, cutting it by $330.8M while still holding $496.7M.
ELV is up 0.7% today, and institutions have been net buyers of $31.5B this quarter — today's price move and the underlying institutional flow are pointing the same direction.