NAYA CAPITAL MANAGEMENT UK LTD

Portfolio Overview

NAYA CAPITAL MANAGEMENT UK LTD disclosed 4 positions worth $2.1B in its Form 13F-HR for Q2 2026 — $1.7B in common stock plus $410.5M of put/call option positions (reported at underlying notional value, not premium at risk), led by $HUM (HUMANA INC) at 43.7% of the equity portfolio, followed by $FWONA and $UNH. During the quarter the fund opened 1 new position and exited 1 and a full exit from $WWD. The portfolio is most concentrated in Healthcare (69.8% of disclosed assets). All figures are sourced directly from NAYA CAPITAL MANAGEMENT UK LTD’s Form 13F-HR filing with the SEC under CIK 1665012.

• 

  HUMANA INC

  $HUM

  58.9#964

  Quality

  $728.4M1,833,763 sh
• 

  Liberty Media Corp

  $FWONA

  63.2#647

  Quality

  $503.2M5,288,530 sh
• 

  UNITEDHEALTH GROUP INC

  $UNH

  62.7#687

  Quality

  $436.8M1,051,012 sh

• ISHARES TR - MSCI EMG MKT ETF PUT

  —

  Quality

  $410.5M6,000,000 sh

Company	Quality	Value	Shares
HUMANA INC$HUM	58.9#964	$728.4M	1,833,763
Liberty Media Corp$FWONA	63.2#647	$503.2M	5,288,530
UNITEDHEALTH GROUP INC$UNH	62.7#687	$436.8M	1,051,012
ISHARES TR - MSCI EMG MKT ETF PUT	—	$410.5M	6,000,000

Showing top 4 of 4 holdings.

Full Holdings — NAYA CAPITAL MANAGEMENT UK LTD (Q2 2026)

All 4 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	$HUM	HUMANA INC	$728.4M	43.7%	+10%	58.9
2	$FWONA	Liberty Media Corp	$503.2M	30.2%	+19%	63.2
3	$UNH	UNITEDHEALTH GROUP INC	$436.8M	26.2%	+4%	62.7
4	—	ISHARES TR - MSCI EMG MKT ETF	$410.5M	—	NEW	—