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Glenview Capital trims CVS Health shares after 80% return, keeps it a top holding

Market News
21 May 2026
PRNewsWire
View Source
Bullish
pluang ai news

Glenview Capital has reduced its holdings in CVS Health by 3.75 million shares following strong Q1 results and raised annual guidance, after the stock gained 80% since their initial investment in May 2024. Despite the reduction, CVS remains one of Glenview's three largest positions, reflecting confidence in the company's ongoing operational turnaround and long-term growth prospects. The fund plans no further adjustments, citing CVS's efforts to improve pharmacy services, medication access, and healthcare navigation as key factors supporting its positive outlook.

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