Encompass Health
380 hedge funds and large institutions have $6B invested in Encompass Health in 2020 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 125 increasing their positions, 133 reducing their positions, and 48 closing their positions.
608% more call options, than puts
Call options by funds: $29.7M | Put options by funds: $4.2M
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
5% more capital invested
Capital invested by funds: $5.7B → $6B (+$303M)
0.48% more ownership
Funds ownership: 116.34% → 116.82% (+0.48%)
2% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 48
6% less repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 133
1% less funds holding
Funds holding: 384 → 380 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP
Jana Partners
New York
|
+$112M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$73M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$42.6M |
| 4 |
Viking Global Investors
Stamford,
Connecticut
|
+$41.2M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$39.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HM
HealthCor Management
New York
|
-$77.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$47.5M |
| 3 |
Millennium Management
New York
|
-$34.1M |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$32.4M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$22.2M |
EHC Hedge Fund Activity: Q3 2020 in Review
380 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Encompass Health (EHC) for Q3 2020, worth a combined $6B — up 5.3% from $5.7B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of EHC and 47 opened new positions — a net loss of 1 holder — while 133 trimmed existing stakes and 125 added.
The largest buyer was Jana Partners, opening a new position worth an estimated $112M. The largest seller was HealthCor Management, exiting entirely with an estimated $77.2M sold.
- 380 institutional investors held Encompass Health (EHC) as of Q3 2020, down from 384 in Q2 2020.
- Funds reported $6B of Encompass Health stock for Q3 2020, up 5.3% quarter-over-quarter.
- 47 funds opened new Encompass Health positions in Q3 2020 and 48 closed out, a net change of -1 holder.
- The largest Encompass Health buyer in Q3 2020 was Jana Partners, an estimated $112M added.
- The largest Encompass Health seller in Q3 2020 was HealthCor Management, an estimated $77.2M sold.
Based on aggregated 13F filings for Q3 2020.