Holders over time
- EHC
- CI
| Quarter | EHC | CI |
|---|---|---|
| Q3 2020 | 10 holders, $1.3bn | 34 holders, $18.1bn |
| Q4 2020 | 11 holders, $1.6bn | 22 holders, $21.9bn |
| Q1 2021 | 13 holders, $1.2bn | 24 holders, $23.9bn |
| Q2 2021 | 16 holders, $1.2bn | 31 holders, $22.5bn |
| Q3 2021 | 18 holders, $1.3bn | 30 holders, $17.8bn |
| Q4 2021 | 13 holders, $1.2bn | 26 holders, $20.1bn |
| Q1 2022 | 12 holders, $1.4bn | 28 holders, $20.4bn |
| Q2 2022 | 12 holders, $1.2bn | 32 holders, $22.1bn |
| Q3 2022 | 13 holders, $914m | 31 holders, $21.5bn |
| Q4 2022 | 11 holders, $1.0bn | 30 holders, $24.7bn |
| Q1 2023 | 8 holders, $811m | 35 holders, $18.2bn |
| Q2 2023 | 14 holders, $1.4bn | 30 holders, $19.8bn |
| Q3 2023 | 16 holders, $1.3bn | 28 holders, $19.8bn |
| Q4 2023 | 11 holders, $1.3bn | 31 holders, $20.6bn |
| Q1 2024 | 14 holders, $1.7bn | 28 holders, $24.0bn |
| Q2 2024 | 10 holders, $1.5bn | 28 holders, $19.5bn |
| Q3 2024 | 14 holders, $1.8bn | 25 holders, $20.2bn |
| Q4 2024 | 17 holders, $1.8bn | 23 holders, $15.2bn |
| Q1 2025 | 11 holders, $1.8bn | 24 holders, $18.4bn |
| Q2 2025 | 16 holders, $2.1bn | 34 holders, $19.5bn |
| Q3 2025 | 21 holders, $2.6bn | 28 holders, $16.2bn |
| Q4 2025 | 17 holders, $2.4bn | 21 holders, $14.6bn |
| Q1 2026 | 17 holders, $2.0bn | 26 holders, $13.5bn |
| Q2 2026 | 13 holders, $2.0bn | 28 holders, $13.0bn |
Encompass Health Corp
- Holders
- 17
- Reported value
- $2.4bn
- Buyers
- 19
- Sellers
- 22
Breadth -3 among 92 comparable managers.
The Cigna Group
- Holders
- 21
- Reported value
- $14.6bn
- Buyers
- 20
- Sellers
- 23
Breadth -3 among 92 comparable managers.
Who holds both, Q4 2025
Both (6)
Acadian Asset Management LLC, Arrowstreet Capital LP, Capital Research Global Investors, Invesco Ltd, T. Rowe Price Associates Inc, Two Sigma Advisers LP
Only EHC (11)
AllianceBernstein LP, Balyasny Asset Management LLC, Farallon Capital Management LLC, Freestone Grove Partners LP, Holocene Advisors LP, Millennium Management LLC, Point72 Asset Management LP, Tudor Investment Corp, Two Sigma Investments LP, Voloridge Investment Management LLC, Wellington Management Group LLP
Only CI (15)
AQR Capital Management LLC, Bridgewater Associates LP, Capital World Investors, Dodge & Cox, ExodusPoint Capital Management LP, Fidelity (FMR LLC), GAMCO Investors Inc, Glenview Capital Management LLC, Greenlight Capital, Man Group PLC, MFS Investment Management, Moore Capital Management LP, Neuberger Berman Group LLC, Quantbot Technologies LP, Squarepoint Ops LLC
How much of the picture this is
A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. Buyers and sellers count comparable managers (those that filed both quarters) by shares, so a rise in value with no rise in shares is the price. Large books are listed to their largest positions. These are 95 tracked managers, not the institutional market.