Cigna
Cigna, which has a slew of subsidiaries, has been an investor-favorite because of its impressive earnings. With an asset under management of $13.3 billion, New York-based Glenview Capital Management has underscored its strong relationship with the healthcare company by buying an additional 8,277 shares in the third quarter of 2020.
Cigna, therefore, becomes Glenview Capital’s fourth stock pick accounting for seven percent of its holdings. The hedge fund first invested in the company in 2007. Meanwhile, the Bloomfield, Connecticut-based brand is set to host the virtual Investor Day on March 8, 2021.
