Encompass Health
447 hedge funds and large institutions have $5.55B invested in Encompass Health in 2018 Q4 according to their latest regulatory filings, with 75 funds opening new positions, 154 increasing their positions, 168 reducing their positions, and 56 closing their positions.
34% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 56
10% more call options, than puts
Call options by funds: $14.7M | Put options by funds: $13.4M
4% more funds holding
Funds holding: 430 → 447 (+17)
0.98% more ownership
Funds ownership: 113.6% → 114.58% (+0.98%)
8% less repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 168
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
20% less capital invested
Capital invested by funds: $6.93B → $5.55B (-$1.39B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HM
HealthCor Management
New York
|
+$79.1M |
| 2 |
Renaissance Technologies
New York
|
+$47.2M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$30.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$28.8M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$28.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$112M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$55.8M |
| 3 |
Millennium Management
New York
|
-$24.4M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$24.4M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
-$17.3M |
EHC Hedge Fund Activity: Q4 2018 in Review
447 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Encompass Health (EHC) for Q4 2018, worth a combined $5.55B — down 20% from $6.93B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new EHC positions and 56 closed out — a net gain of 19 holders — while 154 added to existing stakes and 168 trimmed.
The largest buyer was HealthCor Management, opening a new position worth an estimated $79.1M. The largest seller was William Blair Investment Management, cutting an estimated $112M.
- 447 institutional investors held Encompass Health (EHC) as of Q4 2018, up from 430 in Q3 2018.
- Funds reported $5.55B of Encompass Health stock for Q4 2018, down 20% quarter-over-quarter.
- 75 funds opened new Encompass Health positions in Q4 2018 and 56 closed out, a net change of +19 holders.
- The largest Encompass Health buyer in Q4 2018 was HealthCor Management, an estimated $79.1M added.
- The largest Encompass Health seller in Q4 2018 was William Blair Investment Management, an estimated $112M sold.
Based on aggregated 13F filings for Q4 2018.