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Encompass Health

375 hedge funds and large institutions have $5.92B invested in Encompass Health in 2020 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 108 increasing their positions, 149 reducing their positions, and 73 closing their positions.

New
Increased
Maintained
Reduced
Closed

59% more call options, than puts

Call options by funds: $38.9M | Put options by funds: $24.4M

50% more funds holding in top 10

Funds holding in top 10: 812 (+4)

3.05% more ownership

Funds ownership: 114.89%117.95% (+3.1%)

5% less capital invested

Capital invested by funds: $6.24B → $5.92B (-$325M)

6% less funds holding

Funds holding: 397375 (-22)

26% less first-time investments, than exits

New positions opened: 54 | Existing positions closed: 73

28% less repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 149

Holders
375
Holders Change
-22
Holders Change %
-5.54%
% of All Funds
8.26%
Holding in Top 10
12
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+50%
% of All Funds
0.26%
New
54
Increased
108
Reduced
149
Closed
73
Calls
$38.9M
Puts
$24.4M
Net Calls
+$14.5M
Net Calls Change
+$11.9M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$658M -$8.96M -155,368 -1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$640M +$7.87M +136,473 +1%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$553M -$8.66M -150,175 -1%
William Blair Investment Management
4
William Blair Investment Management
Illinois
$292M -$29.7M -515,112 -8%
JP Morgan Chase
5
JP Morgan Chase
New York
$176M -$7.49M -129,944 -4%
State Street
6
State Street
Massachusetts
$160M +$6.87M +119,150 +4%
Victory Capital Management
7
Victory Capital Management
Texas
$142M +$97.4M +1,689,332 +155%
Invesco
8
Invesco
Georgia
$136M -$14.5M -251,791 -9%
American Century Companies
9
American Century Companies
Missouri
$134M -$14.8M -256,680 -9%
Acadian Asset Management
10
Acadian Asset Management
Massachusetts
$124M +$4.72M +81,779 +3%
Ameriprise
11
Ameriprise
Minnesota
$117M +$14.2M +245,595 +12%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$105M +$25.1M +435,383 +27%
HM
13
HealthCor Management
New York
$97.7M +$111M +1,917,942 New
Viking Global Investors
14
Viking Global Investors
Connecticut
$92.6M +$105M +1,817,812 New
TCM
15
TimesSquare Capital Management
New York
$89.3M +$41.6M +721,591 +70%
Norges Bank
16
Norges Bank
Norway
$86.5M -$505K -8,760 -0.5%
Schroder Investment Management Group
17
Schroder Investment Management Group
United Kingdom
$78.8M -$3.99M -69,130 -4%
Citadel Advisors
18
Citadel Advisors
Florida
$76.4M +$41M +711,081 +90%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$72.1M -$1.43M -24,843 -2%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$70.8M -$4.19M -72,687 -5%
Janus Henderson Group
21
Janus Henderson Group
United Kingdom
$58.1M +$12.2M +210,932 +23%
Fidelity Investments
22
Fidelity Investments
Massachusetts
$54.6M +$21.2M +367,862 +52%
Northern Trust
23
Northern Trust
Illinois
$53.5M +$582K +10,090 +1%
RSCM
24
Rock Springs Capital Management
Maryland
$52.2M
Wells Fargo
25
Wells Fargo
California
$49.3M -$3.61M -62,694 -6%

EHC Hedge Fund Activity: Q1 2020 in Review

375 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Encompass Health (EHC) for Q1 2020, worth a combined $5.92B — down 5.2% from $6.24B a quarter earlier.

Sellers outnumbered buyers: 73 funds closed out of EHC and 54 opened new positions — a net loss of 19 holders — while 149 trimmed existing stakes and 108 added.

The largest buyer was HealthCor Management, opening a new position worth an estimated $111M. The largest seller was Capital Research Global Investors, cutting an estimated $37.2M.

  • 375 institutional investors held Encompass Health (EHC) as of Q1 2020, down from 397 in Q4 2019.
  • Funds reported $5.92B of Encompass Health stock for Q1 2020, down 5.2% quarter-over-quarter.
  • 54 funds opened new Encompass Health positions in Q1 2020 and 73 closed out, a net change of -19 holders.
  • The largest Encompass Health buyer in Q1 2020 was HealthCor Management, an estimated $111M added.
  • The largest Encompass Health seller in Q1 2020 was Capital Research Global Investors, an estimated $37.2M sold.

Based on aggregated 13F filings for Q1 2020.