State Street Corporation reported a significant ownership position in UnitedHealth Group Inc. common stock. State Street beneficially owned 45,684,412 shares, representing 5% of the outstanding class as of the reporting date. All of these shares are held with shared, not sole, authority: State Street reported shared voting power over 24,261,527 shares and shared dispositive power over 45,633,267 shares, with no sole voting or dispositive power. The holdings are attributed to various investment adviser subsidiaries, including several State Street Global Advisors entities across the U.S., Europe, Asia, Australia, Singapore, and Saudi Arabia. The filing states that no other person’s economic interest over 5% needs to be separately identified.
Positive
None.
Negative
None.
Key Figures
Beneficially owned shares:45,684,412 sharesPercent of class:5 %Shared voting power:24,261,527 shares+3 more
6 metrics
Beneficially owned shares45,684,412 sharesUnitedHealth Group common stock reported by State Street Corporation
Percent of class5 %Portion of UnitedHealth Group common stock beneficially owned
Shared voting power24,261,527 sharesShares for which State Street has shared power to vote or direct the vote
Shared dispositive power45,633,267 sharesShares for which State Street has shared power to dispose or direct disposition
Sole voting power0 sharesShares for which State Street has sole power to vote
Sole dispositive power0 sharesShares for which State Street has sole power to dispose
Key Terms
beneficially owned, sole power to vote, shared power to vote, shared power to dispose, +1 more
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole power to votefinancial
"(i) Sole power to vote or to direct the vote: 0"
shared power to votefinancial
"(ii) Shared power to vote or to direct the vote: 24,261,527"
shared power to disposefinancial
"(iv) Shared power to dispose or to direct the disposition of: 45,633,267"
investment company registered under the Investment Company Act of 1940regulatory
"A listing of the shareholders of an investment company registered under the Investment Company Act of 1940"
How many UnitedHealth Group (UNH) shares does State Street beneficially own?
State Street Corporation beneficially owns 45,684,412 shares of UnitedHealth Group common stock, as disclosed in its Schedule 13G. This position represents a reported 5% of the company’s outstanding common stock class.
What percentage of UnitedHealth Group (UNH) is held by State Street?
State Street reported beneficial ownership of 5% of UnitedHealth Group’s common stock. This percentage is based on 45,684,412 shares identified in the Schedule 13G filing as being beneficially owned.
Does State Street have sole or shared voting power over its UNH shares?
State Street reported 0 shares with sole voting power and 24,261,527 shares with shared voting power. This indicates voting authority is exercised jointly through its investment adviser subsidiaries rather than solely.
What is State Street’s dispositive power over UnitedHealth Group (UNH) shares?
State Street reported 0 shares with sole dispositive power and 45,633,267 shares with shared dispositive power. Dispositive power reflects the ability to decide whether and when the shares are sold or otherwise disposed of.
Which State Street subsidiaries hold the UnitedHealth Group (UNH) shares?
The filing attributes holdings to several investment adviser subsidiaries, including SSGA Funds Management, Inc. and multiple State Street Global Advisors entities in Japan, Asia, Europe, the U.K., Singapore, Australia, and Saudi Arabia.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
UNITEDHEALTH GROUP INC
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
91324P102
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
91324P102
1
Names of Reporting Persons
STATE STREET CORPORATION
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
MASSACHUSETTS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
24,261,527.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
45,633,267.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
45,684,412.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
UNITEDHEALTH GROUP INC
(b)
Address of issuer's principal executive offices:
1 HEALTH DRIVE, EDEN PRAIRIE, MINNESOTA, 55344
Item 2.
(a)
Name of person filing:
STATE STREET CORPORATION;
(b)
Address or principal business office or, if none, residence:
ONE CONGRESS STREET, SUITE 1, BOSTON MA 02114, UNITED STATES
(c)
Citizenship:
MA
(d)
Title of class of securities:
COMMON STOCK
(e)
CUSIP Number(s):
91324P102
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
45684412.00
(b)
Percent of class:
5 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
24,261,527
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
45,633,267
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
NOT APPLICABLE
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
SSGA FUNDS MANAGEMENT, INC. (IA);STATE STREET GLOBAL ADVISORS (JAPAN) CO., LTD. (IA);STATE STREET GLOBAL ADVISORS ASIA LIMITED (IA);STATE STREET GLOBAL ADVISORS EUROPE LIMITED (IA);STATE STREET GLOBAL ADVISORS LIMITED (IA);STATE STREET GLOBAL ADVISORS SINGAPORE LIMITED (IA);STATE STREET GLOBAL ADVISORS TRUST COMPANY (IA);STATE STREET GLOBAL ADVISORS, AUSTRALIA, LIMITED (IA);STATE STREET GLOBAL ADVISORS, LTD. (IA);STATE STREET SAUDI ARABIA FINANCIAL SOLUTIONS COMPANY (IA);
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
NOT APPLICABLE
Item 9.
Notice of Dissolution of Group.
Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
NOT APPLICABLE
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
