How many subsidiaries does UNITEDHEALTH GROUP INC file with the SEC?

10, listed in its most recent exhibit 21. They are incorporated across 4 jurisdictions (Delaware, Texas, Minnesota, Connecticut). That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is UNITEDHEALTH GROUP INC financially healthy?

UNITEDHEALTH GROUP INC scores 6 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Its Altman Z-score puts it in the grey zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of UNITEDHEALTH GROUP INC?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), STATE STREET CORP (adding), Capital World Investors (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

UNITEDHEALTH GROUP INC (UNH)

NYSE · Common Stock · Hospital & Medical Service Plans

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

for-profit health care company

Corporate structure

10 entities across 4 jurisdictions. Read directly from the company’s own 10-K EX-21 filed 2026-03-02 — see the exhibit.

Which other public companies file entities in the same places:

Delaware7 Texas1 Minnesota1 Connecticut1

Subsidiaries of UNITEDHEALTH GROUP INC as disclosed in its SEC filing
Entity	Jurisdiction	Note
Collaborative Care Holdings, LLC	Delaware
Optum, Inc.	Delaware
OptumHealth Holdings, LLC	Delaware
OptumRx Administrative Services, LLC	Texas
OptumRx Group Holdings, Inc.	Delaware
OptumRx Holdings I, LLC	Delaware
UHIC Holdings, Inc.	Delaware
United HealthCare Services, Inc.	Minnesota
UnitedHealthcare Insurance Company	Connecticut
UnitedHealthcare, Inc.	Delaware

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

6 / 8

PASSReturn on assets positiveROA 3.9%
PASSOperating cash flow positiveOCF 19.7B
FAILReturn on assets improving4.8% → 3.9%
PASSCash flow exceeds earningsOCF 19.7B vs NI 12.1B
PASSLong-term debt ratio falling24.3% → 23.4% of assets
FAILCurrent ratio improving0.83 → 0.79
PASSNo share dilution929M → 911M shares
FAILGross margin improvingno gross profit reported
PASSAsset turnover improving1.34× → 1.45×

Altman Z-score

2.97grey

Bankruptcy-risk screen combining working capital, retained earnings, operating income, market value against liabilities, and asset turnover. Above 2.99 is the safe zone; below 1.81 is distress.

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$257.1B	$15.4B	$20.1B	—	961,000,000
FY2021	$287.6B	$17.3B	$19.9B	—	956,000,000
FY2022	$324.2B	$20.1B	$23.4B	—	950,000,000
FY2023	$371.6B	$22.4B	$25.7B	—	938,000,000
FY2024	$400.3B	$14.4B	$20.7B	—	929,000,000
FY2025

Ownership flow

18 institutions tracked — 9 added, 7 reduced, 2 opened a new position, 2 sold out.

Institutional holders of UNITEDHEALTH GROUP INC and their share-count change
Manager	Kind	Shares	Change	Value
FMR LLC	Active fund	27,992,995	+15,973,949	$11.6B
CITADEL ADVISORS LLC	Hedge fund	13,030,551	−4,733,779	$5.4B
BlackRock, Inc.	Index	76,863,061	+3,395,530	$31.9B
PRICE T ROWE ASSOCIATES INC /MD/	Active fund	23,153,813	+2,279,867	$9.6B

Capital returned

What the company actually paid out and bought back, as reported — the record behind any yield figure.

Shares repurchased

2026Q1: $0
2025Q1: $3.0B
2024Q1: $3.1B
2023Q1: $2.0B
2022Q1: $2.5B
2021Q1: $1.6B

Identity

CIK: 0000731766
FIGI: BBG000CH5208
SIC: 6324 · Hospital & Medical Service Plans
Incorporated: DE
Headquarters: EDEN PRAIRIE, MN
Employees: 58,000
Founded: 1977-01-01

Ownership

Institutional: 89.6%
Institutions: 4,343
Insiders: 0.2%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other hospital & medical service plans companies

UNITEDHEALTH GROUP INC files under SIC 6324 — all 8 hospital & medical service plans companies compared on assets and F-score.

Cigna GroupCI Elevance Health, Inc.ELV CENTENE CORPCNC HUMANA INCHUM MOLINA HEALTHCARE, INC.MOH Oscar Health, Inc.OSCR

Dealer positioning — end of day

Where dealer gamma sat in UNH’s option chain after the close on 2026-09-01, aggregated from the full chain. This is a once-a-day snapshot, not a live read — 1,474 contracts.

Net gamma (per 1% move): $74.0M
Gamma flip: 420
Call wall: 400
Put wall: 380
Spot at capture: 389.41

Computed from the listed option chain by my own aggregation, once, after the close — it describes where positioning sat that evening and does not update through the next session. The version that rebuilds per strike while the market is open is the intraday gamma product. Not investment advice.

Questions about UNITEDHEALTH GROUP INC

How many subsidiaries does UNITEDHEALTH GROUP INC file with the SEC?: 10, listed in its most recent exhibit 21. They are incorporated across 4 jurisdictions (Delaware, Texas, Minnesota, Connecticut). That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is UNITEDHEALTH GROUP INC financially healthy?: UNITEDHEALTH GROUP INC scores 6 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Its Altman Z-score puts it in the grey zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of UNITEDHEALTH GROUP INC?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), STATE STREET CORP (adding), Capital World Investors (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.