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This question is about Humana.
Who owns Humana?
Institutional investors own Humana. Specifically, mutual fund holders own 58.83% of Humana, while individual investors own 6.61% of the total shares. The remaining shareholders include other institutions and account for 36.98% of shareholders.
Humana's largest investors include The Vanguard Group, Inc.(8.2% of total shares), T. Rowe Price Associates, Inc. (7.0% of total shares), and Wellington Management Co. LLP (7.0% of total shares).
Lawyers David A. Jones Sr. and Wendell Cherry founded a nursing home company in 1961. The company, known in 1968 as Extendicare Inc., became the largest nursing home company in the United States. In 1972, Jones and Cherry sold the nursing home chain to purchase hospitals. In 1974, the partners changed the corporate name to Humana Inc.
Humana grew in the following years, both by business and in 1978 through the takeover of American Medicorp Inc., which doubled the company's size and grew into the world's largest hospital company in the 1980s. In 1997, David Jones stepped down as CEO. Currently, Brice Broussard is president of Humana.
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