Pelican Bay Capital Management’s third-quarter 2025 investor letter revealed a 7.8% return for its Concentrated Value Strategy, outperforming the Russell 1000 Value Index’s 5.3% return. YTD, the fund returned 11.2% compared to 11.6% for the index. Find out the fund’s top five holdings for 2025.

UnitedHealth Group Incorporated (NYSE: UNH) was highlighted in PBCM’s investor letter, with a one-month return of -9.61% and a 48.15% loss over 52 weeks. On November 7, 2025, UNH stock closed at $324.21 per share, with a market cap of $293.682 billion. The health insurance industry is facing pressure due to various factors.

UNH is the 18th most popular stock among hedge funds, with 159 portfolios holding it. In Q3 2025, UNH’s revenues exceeded $113 billion, up 12% YoY. While UNH shows investment potential, AI stocks may offer greater upside with less downside risk. Explore other articles for more insights on UNH and hedge fund investor letters for Q3 2025.

For more on UNH and investor insights, check out additional articles. Explore the best and worst Dow stocks for the next 12 months and 10 unstoppable stocks that could double your money. This article is originally published on Insider Monkey.

Read more at Yahoo Finance: Here’s What Happened to UnitedHealth (UNH)