UNITEDHEALTH GROUP INC

Ticker: UNH CUSIP: 91324P102 Class: Common Stock

ADVISORY RESEARCH INC's Holding History (CIK: 0000902584)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 2,242 Value ($000) $740 Avg Close $337.21 Range $302.50 - $378.46

Q3 2025

Shares 2,594 Value ($000) $896 Avg Close $298.94 Range $231.57 - $357.63

Q2 2025

Shares 24,043 Value ($000) $7,501 Avg Close $374.94 Range $243.94 - $594.32

Q1 2025

Shares 21,037 Value ($000) $11,018 Avg Close $499.48 Range $427.96 - $540.60

Q4 2024

Shares 22,378 Value ($000) $11,320 Avg Close $552.89 Range $464.38 - $613.22

Q3 2024

Shares 22,534 Value ($000) $13,175 Avg Close $548.30 Range $469.38 - $588.97

Q2 2024

Shares 23,185 Value ($000) $11,807 Avg Close $473.12 Range $420.98 - $509.52

Q1 2024

Shares 22,332 Value ($000) $11,048 Avg Close $488.97 Range $449.89 - $527.55

Q4 2023

Shares 21,828 Value ($000) $11,492 Avg Close $511.31 Range $481.83 - $533.02

Q3 2023

Shares 21,958 Value ($000) $11,071 Avg Close $469.94 Range $426.58 - $492.38

Q2 2023

Shares 22,870 Value ($000) $10,992 Avg Close $464.88 Range $423.41 - $503.95

Q1 2023

Shares 22,138 Value ($000) $10,462 Avg Close $457.25 Range $434.73 - $497.60

Q4 2022

Shares 40,428 Value ($000) $21,434 Avg Close $500.41 Range $460.31 - $526.71

Q3 2022

Shares 40,765 Value ($000) $20,588 Avg Close $495.09 Range $463.11 - $520.39

Q2 2022

Shares 32,923 Value ($000) $16,910 Avg Close $471.05 Range $423.08 - $518.69

Q1 2022

Shares 33,457 Value ($000) $17,062 Avg Close $451.15 Range $416.63 - $489.25

Q4 2021

Shares 35,925 Value ($000) $18,039 Avg Close $422.19 Range $356.94 - $475.98

Q3 2021

Shares 36,246 Value ($000) $14,163 Avg Close $384.84 Range $363.78 - $400.47

Q2 2021

Shares 36,737 Value ($000) $14,711 Avg Close $369.03 Range $333.51 - $394.04

Q1 2021

Shares 36,820 Value ($000) $13,700 Avg Close $319.66 Range $295.28 - $351.97

Q4 2020

Shares 63,911 Value ($000) $22,413 Avg Close $308.19 Range $275.16 - $337.94

Q3 2020

Shares 68,213 Value ($000) $21,267 Avg Close $281.21 Range $262.60 - $296.87

Q2 2020

Shares 100,796 Value ($000) $29,730 Avg Close $261.11 Range $205.85 - $287.65

Q1 2020

Shares 150,405 Value ($000) $37,508 Avg Close $249.73 Range $170.96 - $278.13

Q4 2019

Shares 100,712 Value ($000) $29,607 Avg Close $236.60 Range $191.58 - $272.04

Q3 2019

Shares 103,444 Value ($000) $22,481 Avg Close $217.12 Range $192.52 - $241.58

Q2 2019

Shares 107,787 Value ($000) $26,301 Avg Close $215.47 Range $186.25 - $227.91

Q1 2019

Shares 109,417 Value ($000) $27,054 Avg Close $227.63 Range $209.12 - $242.99

Q4 2018

Shares 112,564 Value ($000) $28,042 Avg Close $235.05 Range $206.71 - $256.77

Q3 2018

Shares 114,472 Value ($000) $30,454 Avg Close $230.64 Range $216.27 - $241.03

Q2 2018

Shares 120,300 Value ($000) $29,514 Avg Close $212.11 Range $189.47 - $226.77

Q1 2018

Shares 120,641 Value ($000) $25,817 Avg Close $201.13 Range $183.43 - $220.66

Q4 2017

Shares 120,195 Value ($000) $26,498 Avg Close $186.06 Range $163.10 - $203.93

Q3 2017

Shares 117,341 Value ($000) $22,981 Avg Close $168.94 Range $160.62 - $176.05

Q2 2017

Shares 94,226 Value ($000) $17,471 Avg Close $152.68 Range $142.90 - $164.81

Q1 2017

Shares 20,038 Value ($000) $3,286 Avg Close $142.11 Range $135.29 - $149.76

Q4 2016

Shares 27,352 Value ($000) $4,377 Avg Close $129.15 Range $114.85 - $142.15

Q3 2016

Shares 31,542 Value ($000) $4,416 Avg Close $120.51 Range $114.30 - $124.16

Q2 2016

Shares 32,263 Value ($000) $4,556 Avg Close $114.17 Range $107.16 - $121.44

Q1 2016

Shares 60,668 Value ($000) $7,820 Avg Close $100.90 Range $91.59 - $112.15

Q4 2015

Shares 126,520 Value ($000) $14,884 Avg Close $99.29 Range $92.98 - $106.88

Q3 2015

Shares 131,344 Value ($000) $15,237 Avg Close $101.20 Range $80.24 - $106.60

Q2 2015

Shares 159,183 Value ($000) $19,420 Avg Close $99.59 Range $93.46 - $104.83

Q1 2015

Shares 175,947 Value ($000) $20,813 Avg Close $93.18 Range $82.54 - $104.09

Q4 2014

Shares 210,622 Value ($000) $21,292 Avg Close $79.25 Range $67.41 - $87.18

Q3 2014

Shares 260,636 Value ($000) $22,480 Avg Close $70.34 Range $65.48 - $74.09

Q2 2014

Shares 343,940 Value ($000) $28,117 Avg Close $65.19 Range $60.93 - $68.74

Q1 2014

Shares 358,143 Value ($000) $29,364 Avg Close $62.13 Range $57.38 - $68.96

Q4 2013

Shares 436,744 Value ($000) $32,887 Avg Close $59.09 Range $54.82 - $62.30

Q3 2013

Shares 378,575 Value ($000) $27,110 Avg Close $58.63 Range $52.92 - $62.34

Q2 2013

Shares 394,312 Value ($000) $25,820 Avg Close $50.75 Range $46.46 - $54.18

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,242	$740	$337.21	$302.50 - $378.46
Q3 2025	2,594	$896	$298.94	$231.57 - $357.63
Q2 2025	24,043	$7,501	$374.94	$243.94 - $594.32
Q1 2025	21,037	$11,018	$499.48	$427.96 - $540.60
Q4 2024	22,378	$11,320	$552.89	$464.38 - $613.22
Q3 2024	22,534	$13,175	$548.30	$469.38 - $588.97
Q2 2024	23,185	$11,807	$473.12	$420.98 - $509.52
Q1 2024	22,332	$11,048	$488.97	$449.89 - $527.55
Q4 2023	21,828	$11,492	$511.31	$481.83 - $533.02
Q3 2023	21,958	$11,071	$469.94	$426.58 - $492.38
Q2 2023	22,870	$10,992	$464.88	$423.41 - $503.95
Q1 2023	22,138	$10,462	$457.25	$434.73 - $497.60
Q4 2022	40,428	$21,434	$500.41	$460.31 - $526.71
Q3 2022	40,765	$20,588	$495.09	$463.11 - $520.39
Q2 2022	32,923	$16,910	$471.05	$423.08 - $518.69
Q1 2022	33,457	$17,062	$451.15	$416.63 - $489.25
Q4 2021	35,925	$18,039	$422.19	$356.94 - $475.98
Q3 2021	36,246	$14,163	$384.84	$363.78 - $400.47
Q2 2021	36,737	$14,711	$369.03	$333.51 - $394.04
Q1 2021	36,820	$13,700	$319.66	$295.28 - $351.97
Q4 2020	63,911	$22,413	$308.19	$275.16 - $337.94
Q3 2020	68,213	$21,267	$281.21	$262.60 - $296.87
Q2 2020	100,796	$29,730	$261.11	$205.85 - $287.65
Q1 2020	150,405	$37,508	$249.73	$170.96 - $278.13
Q4 2019	100,712	$29,607	$236.60	$191.58 - $272.04
Q3 2019	103,444	$22,481	$217.12	$192.52 - $241.58
Q2 2019	107,787	$26,301	$215.47	$186.25 - $227.91
Q1 2019	109,417	$27,054	$227.63	$209.12 - $242.99
Q4 2018	112,564	$28,042	$235.05	$206.71 - $256.77
Q3 2018	114,472	$30,454	$230.64	$216.27 - $241.03
Q2 2018	120,300	$29,514	$212.11	$189.47 - $226.77
Q1 2018	120,641	$25,817	$201.13	$183.43 - $220.66
Q4 2017	120,195	$26,498	$186.06	$163.10 - $203.93
Q3 2017	117,341	$22,981	$168.94	$160.62 - $176.05
Q2 2017	94,226	$17,471	$152.68	$142.90 - $164.81
Q1 2017	20,038	$3,286	$142.11	$135.29 - $149.76
Q4 2016	27,352	$4,377	$129.15	$114.85 - $142.15
Q3 2016	31,542	$4,416	$120.51	$114.30 - $124.16
Q2 2016	32,263	$4,556	$114.17	$107.16 - $121.44
Q1 2016	60,668	$7,820	$100.90	$91.59 - $112.15
Q4 2015	126,520	$14,884	$99.29	$92.98 - $106.88
Q3 2015	131,344	$15,237	$101.20	$80.24 - $106.60
Q2 2015	159,183	$19,420	$99.59	$93.46 - $104.83
Q1 2015	175,947	$20,813	$93.18	$82.54 - $104.09
Q4 2014	210,622	$21,292	$79.25	$67.41 - $87.18
Q3 2014	260,636	$22,480	$70.34	$65.48 - $74.09
Q2 2014	343,940	$28,117	$65.19	$60.93 - $68.74
Q1 2014	358,143	$29,364	$62.13	$57.38 - $68.96
Q4 2013	436,744	$32,887	$59.09	$54.82 - $62.30
Q3 2013	378,575	$27,110	$58.63	$52.92 - $62.34
Q2 2013	394,312	$25,820	$50.75	$46.46 - $54.18