5 Beaten Down Stocks Billionaires Are Loading Up On

3. Elevance Health, Inc. (NYSE:ELV)

Number of Billionaire Investors In Q1 2023: 19

Elevance Health, Inc. (NYSE:ELV) is another healthcare plans provider. The company provides a variety of services that cover several medical areas such as pharmaceutical, clinical, and behavioral care.

81 of the 943 hedge funds profiled by Insider Monkey had bought Elevance Health, Inc. (NYSE:ELV)’s shares as of March 2023. Out of these, the bank’s largest shareholder is Andreas Halvorsen’s Viking Global since it owns 2.1 million shares that are worth $990 million.

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