Encompass Health
427 hedge funds and large institutions have $5.26B invested in Encompass Health in 2019 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 168 increasing their positions, 156 reducing their positions, and 62 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 168 | Existing positions reduced: 156
0.64% more ownership
Funds ownership: 114.58% → 115.22% (+0.64%)
5% less capital invested
Capital invested by funds: $5.53B → $5.26B (-$265M)
4% less funds holding
Funds holding: 447 → 427 (-20)
27% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 62
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
54% less call options, than puts
Call options by funds: $7.17M | Put options by funds: $15.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$82.7M |
| 2 |
D.E. Shaw & Co
New York
|
+$24.8M |
| 3 |
Millennium Management
New York
|
+$24.1M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$16.1M |
| 5 |
BlackRock
New York
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HM
HealthCor Management
New York
|
-$68.2M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
-$48.2M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$46.6M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$27.4M |
| 5 |
JP Morgan Chase
New York
|
-$15.6M |
EHC Hedge Fund Activity: Q1 2019 in Review
427 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Encompass Health (EHC) for Q1 2019, worth a combined $5.26B — down 4.8% from $5.53B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of EHC and 45 opened new positions — a net loss of 17 holders — while 156 trimmed existing stakes and 168 added.
The largest buyer was VOYA Investment Management, adding an estimated $82.7M. The largest seller was HealthCor Management, exiting entirely with an estimated $68.2M sold.
- 427 institutional investors held Encompass Health (EHC) as of Q1 2019, down from 447 in Q4 2018.
- Funds reported $5.26B of Encompass Health stock for Q1 2019, down 4.8% quarter-over-quarter.
- 45 funds opened new Encompass Health positions in Q1 2019 and 62 closed out, a net change of -17 holders.
- The largest Encompass Health buyer in Q1 2019 was VOYA Investment Management, an estimated $82.7M added.
- The largest Encompass Health seller in Q1 2019 was HealthCor Management, an estimated $68.2M sold.
Based on aggregated 13F filings for Q1 2019.