In a quarterly disclosure filed with the SEC, Olstein Capital Management reported the complete liquidation of its position in UnitedHealth Group (UNH) during the second quarter of 2026. The firm, led by value investor Robert Olstein, sold its entire holding of 23,000 shares. This transaction was revealed in a 13F filing, which discloses stock holdings as of June 30, 2026, and was made public on July 7, meaning the trades could have occurred any time during the second quarter.
The sale came during a period of strong performance for UnitedHealth, which reported a significant profit increase and raised its full-year earnings outlook for 2026. The exit from UNH was part of a broader sell-off by Olstein's firm in the second quarter, as it liquidated numerous other positions from its portfolio. No specific reason for the sale of the UnitedHealth stake has been publicly disclosed by the investor.