Evolus
EOLS
160 hedge funds and large institutions have $334M invested in Evolus in 2025 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 56 increasing their positions, 53 reducing their positions, and 36 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 53
6.53% less ownership
Funds ownership: 90.74% → 84.21% (-6.5%)
7% less funds holding
Funds holding: 172 → 160 (-12)
33% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 36
38% less capital invested
Capital invested by funds: $539M → $334M (-$204M)
64% less call options, than puts
Call options by funds: $1.22M | Put options by funds: $3.36M
71% less funds holding in top 10
Funds holding in top 10: 7 → 2 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$11.9M |
| 2 |
CP
Caligan Partners
New York
|
+$6.21M |
| 3 |
SCM
Stonepine Capital Management
Bend,
Oregon
|
+$4.83M |
| 4 |
TCM
Tang Capital Management
San Diego,
California
|
+$3.83M |
| 5 |
D.E. Shaw & Co
New York
|
+$3.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PA
Perceptive Advisors
New York
|
-$22.8M |
| 2 |
TLP
Tri Locum Partners
New York
|
-$11.4M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$10.9M |
| 4 |
GPP
Great Point Partners
Greenwich,
Connecticut
|
-$6.63M |
| 5 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
-$6.24M |
EOLS Hedge Fund Activity: Q3 2025 in Review
160 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in Evolus (EOLS) for Q3 2025, worth a combined $334M — down 38% from $539M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of EOLS and 24 opened new positions — a net loss of 12 holders — while 53 trimmed existing stakes and 56 added.
The largest buyer was Nantahala Capital Management, adding an estimated $11.9M. The largest seller was Perceptive Advisors, exiting entirely with an estimated $22.8M sold.
- 160 institutional investors held Evolus (EOLS) as of Q3 2025, down from 172 in Q2 2025.
- Funds reported $334M of Evolus stock for Q3 2025, down 38% quarter-over-quarter.
- 24 funds opened new Evolus positions in Q3 2025 and 36 closed out, a net change of -12 holders.
- The largest Evolus buyer in Q3 2025 was Nantahala Capital Management, an estimated $11.9M added.
- The largest Evolus seller in Q3 2025 was Perceptive Advisors, an estimated $22.8M sold.
Based on aggregated 13F filings for Q3 2025.