[SCHEDULE 13G/A] Enhabit, Inc. Amended Passive Investment Disclosure
Enhabit: Balyasny Reports 2.65M Shares (5.22%)
Enhabit, Inc. Schedule 13G/A reports that Balyasny Asset Management and related reporting persons beneficially own 2,645,992 shares of Enhabit common stock.
Enhabit, Inc. Schedule 13G/A reports that Balyasny Asset Management and related reporting persons beneficially own 2,645,992 shares of Enhabit common stock. The filing states this equals approximately 5.22% of the class, based on 50,723,245 shares outstanding as of February 26, 2026, per the issuer's 10-K filed on March 5, 2026. The shares are held by Atlas Diversified Master Fund, Ltd., for which Balyasny acts as investment manager; the filing attributes sole voting and dispositive power over the reported shares to each reporting person by virtue of their roles.
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Insights
Major asset manager reports a ~5.22% stake in Enhabit.
Balyasny Asset Management L.P. and affiliated entities are listed as beneficial owners of 2,645,992 shares, representing 5.22% of Enhabit's common stock based on Feb 26, 2026 outstanding share data. The filing attributes sole voting and dispositive power to the reporting persons through their relationship with Atlas Diversified Master Fund, Ltd.
The cash‑flow treatment and any plans to buy or sell are not disclosed in the excerpt; subsequent Schedule 13D/13G amendments or Form 4 filings would show active trading. Future filings will clarify whether this is passive ownership under Schedule 13G or if any changes trigger more active disclosure.
Filing clarifies control chain and attribution across affiliated entities.
The statement details the control chain: BAM is investment manager of the direct holder ADMF, BAM GP is BAM's general partner, BAM Holdings is sole member of BAM GP, Dames is general partner of BAM Holdings, and Dmitry Balyasny is managing member of Dames. This explains why multiple related entities report identical 2,645,992 share counts and voting power.
Disclosure notes ADMF has the right to dividends or sale proceeds. The form does not state any change in intent or plans; governance implications depend on any future amendments or public statements by the reporting persons.
Key Figures
Reported shares beneficially owned:2,645,992 sharesPercent of class:5.22%Shares outstanding (context):50,723,245 shares
3 metrics
Reported shares beneficially owned2,645,992 sharesheld by Atlas Diversified Master Fund, Ltd.; reported by BAM and affiliates
Percent of class5.22%based on 50,723,245 shares outstanding as of Feb 26, 2026
Shares outstanding (context)50,723,245 sharesas of <date>Feb 26, 2026</date>, per the issuer's 10‑K filed Mar 5, 2026
Key Terms
Beneficially owned, Sole power to dispose, Schedule 13G/A
3 terms
Beneficially ownedregulatory
"By virtue of its position as the investment manager of Atlas Diversified Master Fund, Ltd."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole power to disposeregulatory
"Each of the Reporting Persons has the sole power to vote or to direct the vote of 2,645,992 shares."
Schedule 13G/Aregulatory
"This statement is being filed by (1) Balyasny Asset Management L.P."
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake did Balyasny report in Enhabit (EHAB)?
The filing reports 2,645,992 shares held via Atlas Diversified Master Fund, Ltd., equal to 5.22% of the class based on Feb 26, 2026 and 50,723,245 shares outstanding per the 10‑K filed Mar 5, 2026.
Who are the reporting persons listed for EHAB?
The statement is filed by Balyasny Asset Management L.P., BAM GP LLC, Balyasny Asset Management Holdings LP, Dames GP LLC, and Dmitry Balyasny, with a shared principal business address in Chicago, IL.
Does the filing state who actually holds the shares?
Yes. The direct holder is Atlas Diversified Master Fund, Ltd., a client of BAM; the reporting persons claim voting and investment power by virtue of their management roles over ADMF's holdings.
What voting and disposition powers are reported?
Each reporting person reports sole power to vote or direct the vote of 2,645,992 shares and sole power to dispose or direct disposition of 2,645,992 shares, with zero shared powers listed.
Is this filing Schedule 13G or 13D and what does that imply?
This is an Amendment to Schedule 13G. Schedule 13G filings generally report passive institutional ownership under applicable rules; the form content here does not disclose any active intent or plans to change ownership.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 4)
Enhabit, Inc.
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
29332G102
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
29332G102
1
Names of Reporting Persons
Balyasny Asset Management L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,645,992.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
2,645,992.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,645,992.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.22 %
12
Type of Reporting Person (See Instructions)
IA, PN
SCHEDULE 13G
CUSIP Number(s):
29332G102
1
Names of Reporting Persons
BAM GP LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,645,992.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
2,645,992.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,645,992.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.22 %
12
Type of Reporting Person (See Instructions)
HC, OO
SCHEDULE 13G
CUSIP Number(s):
29332G102
1
Names of Reporting Persons
Balyasny Asset Management Holdings LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,645,992.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
2,645,992.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,645,992.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.22 %
12
Type of Reporting Person (See Instructions)
HC, PN
SCHEDULE 13G
CUSIP Number(s):
29332G102
1
Names of Reporting Persons
Dames GP LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,645,992.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
2,645,992.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,645,992.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.22 %
12
Type of Reporting Person (See Instructions)
HC, OO
SCHEDULE 13G
CUSIP Number(s):
29332G102
1
Names of Reporting Persons
Dmitry Balyasny
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,645,992.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
2,645,992.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,645,992.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.22 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Enhabit, Inc.
(b)
Address of issuer's principal executive offices:
6688 N. Central Expressway, Suite 1300, Dallas, TX 75206
Item 2.
(a)
Name of person filing:
This statement is being filed by (1) Balyasny Asset Management L.P., a Delaware limited partnership ("BAM"), (2) BAM GP LLC, a Delaware limited liability company ("BAM GP"), (3) Balyasny Asset Management Holdings LP, a Delaware limited partnership ("BAM Holdings"), (4) Dames GP LLC, a Delaware limited liability company ("Dames"), and (5) Dmitry Balyasny, a United States citizen (collectively, the "Reporting Persons"). BAM GP is the General Partner of BAM. BAM Holdings is the Sole Member of BAM GP. Dames is the General Partner of BAM Holdings. Dmitry Balyasny is the Managing Member of Dames.
(b)
Address or principal business office or, if none, residence:
The principal business address of each of BAM, BAM GP, BAM Holdings, Dames, and Mr. Balyasny is located at 444 West Lake Street, 50th Floor, Chicago, IL 60606.
(c)
Citizenship:
(1) BAM is a Delaware limited partnership, (2) BAM GP is a Delaware limited liability company, (3) BAM Holdings is a Delaware limited partnership, (4) Dames is a Delaware limited liability company, and (5) Mr. Balyasny is a United States citizen.
(d)
Title of class of securities:
Common Stock, par value $0.01 per share
(e)
CUSIP No.:
29332G102
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
By virtue of its position as the investment manager of Atlas Diversified Master Fund, Ltd. ("ADMF"), the direct holder of the 2,645,992 shares of common stock, par value $0.01 per share ("Shares"), reported herein, BAM may be deemed to exercise voting and investment power over such Shares held by ADMF and thus may be deemed to beneficially own such Shares. By virtue of its position as the General Partner of BAM, BAM GP may be deemed to exercise voting and investment power over the Shares held directly by ADMF and thus may be deemed to beneficially own such Shares. By virtue of its position as the Sole Member of BAM GP, BAM Holdings may be deemed to exercise voting and investment power over the Shares held directly by ADMF and thus may be deemed to beneficially own such Shares. By virtue of its position as the General Partner of BAM Holdings, Dames may be deemed to exercise voting and investment power over the Shares held directly by ADMF and thus may be deemed to beneficially own such Shares. By virtue of his position as the Managing Member of Dames, Mr. Balyasny may be deemed to exercise voting and investment power over the Shares held directly by ADMF and thus may be deemed to beneficially own such Shares.
(b)
Percent of class:
Each of the Reporting Persons may be deemed to be the beneficial owner of approximately 5.22% of the Shares, based on 50,723,245 Shares outstanding as of February 26, 2026, as reported in the Issuer's 10-K filed with the Securities and Exchange Commission on March 5, 2026.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Each of the Reporting Persons has the sole power to vote or to direct the vote of 2,645,992 shares.
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
Each of the Reporting Persons has the sole power to vote or to direct the vote of 2,645,992 shares.
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
ADMF, a Cayman Islands exempted company that is an investment management client of BAM, has the right to receive dividends from, or the proceeds from the sale of, the reported securities.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
