11 Best Insurance Companies to Invest in 2017

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8. WellCare Health Plans, Inc. (NYSE:WCG)

– Number of Hedge Funds With Long Positions (as of March 31): 29
– Aggregate Value of Hedge Funds’ Holdings (as of March 31): $660 million

WellCare Health Plans, Inc. (NYSE:WCG) is a Florida-based health insurer that was founded in 1985. With over three decades in business, the company has today managed to have a subscriber base of over 4 million people and 6,000 employees. The company’s primary focus is on public healthcare plans such as Medicaid and Medicare. WellCare is also growing inorganically through acquisitions and has bought out a number of smaller Medicare & Medicaid providers to expand its geographical coverage since late 2012. At the end of the first quarter, 29 hedge funds from our records had a total investment of $660 million in WellCare Health Plans, Inc. (NYSE:WCG).

11 Best Insurance Companies To Invest In 2017

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