Who Owns CVS Health?
Updated onExplore the ownership hierarchy of CVS Health. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
CVS Health operates the CVS Pharmacy retail chain and provides pharmacy benefit management, specialty and retail pharmacy services, walk-in MinuteClinic care, and health insurance and health services in the United States.
CVS Health appears to be independent with no known parent company.
CVS Health operates the CVS Pharmacy retail chain and provides pharmacy benefit management, specialty and retail pharmacy services, walk-in MinuteClinic care, and health insurance and health services in the United States.
CVS Health appears to be independent with no known parent company.
Major Shareholders
CVS Health
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
The Vanguard Group Largest reported shareholder based on CVS Health’s investor relations “Largest Shareholders” table as of September 30, 2025; shares held across index and active funds for clients. | Institutional | 9.3% | Sep 2025 |
Dodge & Cox Long‑only active investment manager; one of CVS Health’s largest institutional holders per the company’s largest‑shareholders disclosure as of September 30, 2025. | Institutional | 5.8% | Sep 2025 |
Capital World Investors (U.S.) Division of Capital Group managing American Funds; identified by CVS Health as a principal institutional shareholder as of September 30, 2025. | Institutional | 5.4% | Sep 2025 |
BlackRock Fund Advisors Subsidiary of BlackRock, Inc. and major index‑fund manager; listed by CVS Health as a top shareholder holding just over 5% of outstanding shares as of September 30, 2025. | Institutional | 5.1% | Sep 2025 |
State Street Investment Management Asset‑management arm of State Street Corporation; holds a significant stake via SPDR and other funds, per CVS Health’s largest‑shareholders table as of September 30, 2025. | Institutional | 4.6% | Sep 2025 |
Fidelity Management & Research Company Fidelity’s primary U.S. fund‑management entity; reported by CVS Health as a major shareholder with under 3% of shares outstanding as of September 30, 2025. | Institutional | 2.8% | Sep 2025 |
Geode Capital Management Quantitative asset manager that sub‑advises many Fidelity index funds; included in CVS Health’s list of largest institutional shareholders as of September 30, 2025. | Institutional | 2.3% | Sep 2025 |
BlackRock Advisors Another BlackRock, Inc. affiliate managing active and index strategies; disclosed by CVS Health as a top‑ten shareholder around 2% of outstanding shares as of September 30, 2025. | Institutional | 2.2% | Sep 2025 |
Capital International Investors Global equity arm of Capital Group; shown in CVS Health’s largest‑shareholders table with a little over 2% ownership as of September 30, 2025. | Institutional | 2.1% | Sep 2025 |
BlackRock Investment Management (U.K.) U.K.-based BlackRock affiliate; part of the broader BlackRock family of funds and listed by CVS Health as a significant, though sub‑2%, shareholder as of September 30, 2025. | Institutional | 1.8% | Sep 2025 |
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