UNITEDHEALTH GROUP INC

Ticker: UNH CUSIP: 91324P102 Class: Common Stock

Nicholas Investment Partners, LP's Holding History (CIK: 0001389574)

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

Q1 2018

Shares 13,875 Value ($000) $2,969 Avg Close $201.13 Range $183.43 - $220.66

Q4 2017

Shares 13,046 Value ($000) $2,876 Avg Close $186.06 Range $163.10 - $203.93

Q3 2017

Shares 14,505 Value ($000) $2,841 Avg Close $168.94 Range $160.62 - $176.05

Q2 2017

Shares 14,505 Value ($000) $2,690 Avg Close $152.68 Range $142.90 - $164.81

Q1 2017

Shares 14,288 Value ($000) $2,343 Avg Close $142.11 Range $135.29 - $149.76

Q4 2016

Shares 6,966 Value ($000) $1,115 Avg Close $129.15 Range $114.85 - $142.15

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2018	13,875	$2,969	$201.13	$183.43 - $220.66
Q4 2017	13,046	$2,876	$186.06	$163.10 - $203.93
Q3 2017	14,505	$2,841	$168.94	$160.62 - $176.05
Q2 2017	14,505	$2,690	$152.68	$142.90 - $164.81
Q1 2017	14,288	$2,343	$142.11	$135.29 - $149.76
Q4 2016	6,966	$1,115	$129.15	$114.85 - $142.15