Which funds own EHC
Encompass Health Corp in the Q2 2026 filings. At least 5 of the 91 current managers on file reported a position, worth $621m between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.
- Managers holding
- 5
- at least, of 91 current
- Combined value
- $621m
- as reported
- Opened
- 0
- new this quarter
- Added to
- 4
- already held
- Trimmed or sold out
- 3
- 2 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| AllianceBernstein LP Long-only · $302bn book | $239m | 0.1% | 2,471,751 | -$39m-149,494 | Trimmed |
| Two Sigma Investments LP Quantitative · $138bn book | $229m | 0.2% | 2,267,668 | +$14m+45,567 | Added |
| Holocene Advisors LP Long/short equity · $44.4bn book | $99m | 0.2% | 977,634 | +$84m+827,311 | Added |
| Freestone Grove Partners LP Multi-strategy · $15.6bn book | $39m | 0.2% | 382,640 | +$16m+145,014 | Added |
| Davidson Kempner Capital Management LP Long/short equity · $8.4bn book | $15m | 0.2% | 151,267 | +$14m+133,067 | Added |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Caxton Associates LLP · Macro$2.1m held before
- Farallon Capital Management LLC · Long/short equity$300k held before
Ownership through time
At least 13 of the 95 managers whose filings are on file listed EHC in Q2 2026, against 1 in Q4 2017. 4 managers fewer than in Q1 2026: 2 listed it again; 1 sold out, by its own filing; 5 no longer listed it among the positions read, which can mean a holding below the listed range, a filing that reported no holdings, or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q4 2017: 1
- Q1 2018: 7
- Q2 2018: 12
- Q3 2018: 15
- Q4 2018: 16
- Q1 2019: 18
- Q2 2019: 16
- Q3 2019: 10
- Q4 2019: 12
- Q1 2020: 15
- Q2 2020: 14
- Q3 2020: 10
- Q4 2020: 11
- Q1 2021: 13
- Q2 2021: 16
- Q3 2021: 18
- Q4 2021: 13
- Q1 2022: 12
- Q2 2022: 12
- Q3 2022: 13
- Q4 2022: 11
- Q1 2023: 8
- Q2 2023: 14
- Q3 2023: 16
- Q4 2023: 11
- Q1 2024: 14
- Q2 2024: 10
- Q3 2024: 14
- Q4 2024: 17
- Q1 2025: 11
- Q2 2025: 16
- Q3 2025: 21
- Q4 2025: 17
- Q1 2026: 17
- Q2 2026: 13
- Q4 2017: $21m
- Q1 2018: $258m
- Q2 2018: $444m
- Q3 2018: $654m
- Q4 2018: $627m
- Q1 2019: $667m
- Q2 2019: $793m
- Q3 2019: $843m
- Q4 2019: $1.1bn
- Q1 2020: $1.2bn
- Q2 2020: $1.1bn
- Q3 2020: $1.3bn
- Q4 2020: $1.6bn
- Q1 2021: $1.2bn
- Q2 2021: $1.2bn
- Q3 2021: $1.3bn
- Q4 2021: $1.2bn
- Q1 2022: $1.4bn
- Q2 2022: $1.2bn
- Q3 2022: $914m
- Q4 2022: $1.0bn
- Q1 2023: $811m
- Q2 2023: $1.4bn
- Q3 2023: $1.3bn
- Q4 2023: $1.3bn
- Q1 2024: $1.7bn
- Q2 2024: $1.5bn
- Q3 2024: $1.8bn
- Q4 2024: $1.8bn
- Q1 2025: $1.8bn
- Q2 2025: $2.1bn
- Q3 2025: $2.6bn
- Q4 2025: $2.4bn
- Q1 2026: $2.0bn
- Q2 2026: $2.0bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
No manager on file started a position.
Largest increases, by shares
- Holocene Advisors LP150,323 to 977,634 shares+$84m
- T. Rowe Price Associates Inc4,600,549 to 5,055,801 shares+$46m
- Freestone Grove Partners LP237,626 to 382,640 shares+$15m
- Davidson Kempner Capital Management LP18,200 to 151,267 shares+$13m
- Capital Research Global Investors813,732 to 872,540 shares+$5.9m
Largest decreases, by shares
- Wellington Management Group LLP3,848,855 to 3,278,739 shares-$58m
- Voloridge Investment Management LLC441,108 to 93,142 shares-$35m
- AllianceBernstein LP2,621,245 to 2,471,751 shares-$14m
- Acadian Asset Management LLC546,690 to 499,860 shares-$4.7m
- Arrowstreet Capital LP1,182,574 to 1,156,930 shares-$2.6m
Left it
- Farallon Capital Management LLCwas $290k
What EHC is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around EHC →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
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