According to a recent Form 13F filing submitted to the SEC, Whalerock Point Partners disclosed a noteworthy new position in Cigna Corporation (NYSE: CI) stock. Here’s what you need to know about Cigna Corporation, as well as Whalerock Point Partners’s position in shares of CI stock:
Whalerock Point Partners
Providence, Rhode Island-based Whalerock Point Partners, LLC is a large investment advisory firm with discretionary assets under management of over $500 million. You can learn more about Whalerock Point Partners on their website here.
Whalerock Point Partners’s New Position in CI Stock
According to the most recent 13F filing from Whalerock Point Partners, the institutional investment manager added a meaningful position in Cigna Corporation (NYSE: CI), with 726 shares, which represents approximately 0.0002% of the 305,739,012 total CI shares outstanding. Based on CI’s last closing price of $305.17 per share, Whalerock Point Partners’s stake in CI is worth approximately $221,553.42, assuming no change in the position size. If you’re not very familiar with Cigna Corporation, learn more below.
Cigna Corporation (NYSE: CI)
Cigna Corporation provides insurance and related products and services in the United States. Its Evernorth segment provides a range of coordinated and point solution health services, including pharmacy, benefits management, care delivery and management, and intelligence solutions to health plans, employers, government organizations, and health care providers. The company’s Cigna Healthcare segment offers medical, pharmacy, behavioral health, dental, vision, health advocacy programs, and other products and services for insured and self-insured customers; Medicare Advantage, Medicare Supplement, and Medicare Part D plans for seniors, as well as individual health insurance plans to on and off the public exchanges; and health care coverage in its international markets, as well as health care benefits for mobile individuals and employees of multinational organizations. The company also offers permanent insurance contracts sold to corporations to provide coverage on the lives of certain employees for financing employer-paid future benefit obligations. It distributes its products and services through insurance brokers and consultants; directly to employers, unions and other groups, or individuals; and private and public exchanges. The company was founded in 1792 and is headquartered in Bloomfield, Connecticut.
Be sure to check out more recent 13F filings here to stay up to date on the latest disclosures from institutional investment managers like Whalerock Point Partners. Also be sure to check out more recent 13F filing analysis news here.