5 Best Low Beta Stocks To Buy

3. The Cigna Group (NYSE:CI)

Number of Hedge Fund Investors in Q2 2023: 74

The Cigna Group (NYSE:CI) is another insurance company, and one that heavily focuses on the healthcare sector. The firm had a strong third quarter, and it was out with some good news for investors as The Cigna Group (NYSE:CI) raised its full year revenue guidance to $192 billion in November 2023.

74 out of the 910 hedge funds tracked by Insider Monkey for their shareholdings during this year’s second quarter had bought The Cigna Group (NYSE:CI)’s shares. Larry Robbins’s Glenview Capital is the biggest investor out of these courtesy of its $579 million investment.

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