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Evolent Health

220 hedge funds and large institutions have $1.42B invested in Evolent Health in 2025 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 80 increasing their positions, 73 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more call options, than puts

Call options by funds: $3.55M | Put options by funds: $2.53M

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

19% more capital invested

Capital invested by funds: $1.19B → $1.42B (+$225M)

10% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 73

0.72% less ownership

Funds ownership: 107.92%107.2% (-0.72%)

7% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 41

3% less funds holding

Funds holding: 227220 (-7)

Holders
220
Holders Change
-7
Holders Change %
-3.08%
% of All Funds
2.9%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.05%
New
38
Increased
80
Reduced
73
Closed
41
Calls
$3.55M
Puts
$2.53M
Net Calls
+$1.02M
Net Calls Change
-$2.78M
Name Holding Trade Value Shares
Change
Change in
Stake
Barclays
26
Barclays
United Kingdom
$12.7M +$381K +41,468 +4%
GIM
27
Glenmede Investment Management
Pennsylvania
$12.1M +$9.9M +1,078,313 New
Bank of America
28
Bank of America
North Carolina
$11.9M +$4.45M +484,200 +84%
CCM
29
Camber Capital Management
Massachusetts
$9.57M -$19.7M -2,150,000 -72%
RPA
30
Rock Point Advisors
Vermont
$9.57M +$234K +25,425 +3%
Hudson Bay Capital Management
31
Hudson Bay Capital Management
Connecticut
$8.56M +$3.35M +364,664 +92%
FLAM
32
First Light Asset Management
Minnesota
$8.32M +$1.41M +153,114 +26%
PCM
33
Peregrine Capital Management
Minnesota
$7.92M +$1.67M +181,980 +35%
GF
34
Gabelli Funds
New York
$7.87M -$85.6K -9,315 -1%
Jacobs Levy Equity Management
35
Jacobs Levy Equity Management
New Jersey
$7.56M +$6.17M +671,554 New
RA
36
Royce & Associates
New York
$7.47M +$846K +92,130 +16%
Walleye Capital
37
Walleye Capital
New York
$7.29M +$5.47M +595,458 +1,138%
Lazard Asset Management
38
Lazard Asset Management
New York
$7.19M +$363K +39,516 +7%
Millennium Management
39
Millennium Management
New York
$7.09M -$7.72M -840,369 -57%
CLGM
40
Capitolis Liquid Global Markets
New York
$7.02M +$5.73M +623,500 New
Citadel Advisors
41
Citadel Advisors
Florida
$6.61M +$4.18M +455,275 +346%
Holocene Advisors
42
Holocene Advisors
New York
$5.94M +$4.85M +527,943 New
FGP
43
Freestone Grove Partners
California
$5.54M +$4.52M +491,621 New
JFG
44
Jefferies Financial Group
New York
$5.4M +$1.37M +149,070 +45%
William Blair & Company
45
William Blair & Company
Illinois
$5M -$1.66M -180,366 -29%
Connor, Clark & Lunn Investment Management (CC&L)
46
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$4.55M +$1.64M +178,307 +79%
Wells Fargo
47
Wells Fargo
California
$4.5M +$3.06M +332,668 +499%
Two Sigma Investments
48
Two Sigma Investments
New York
$4.1M -$1.67M -181,771 -33%
BJL
49
Brighton Jones LLC
Washington
$3.92M -$5.4K -588 -0.2%
SIC
50
Salem Investment Counselors
North Carolina
$3.76M -$732K -79,690 -19%

EVH Hedge Fund Activity: Q2 2025 in Review

220 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Evolent Health (EVH) for Q2 2025, worth a combined $1.42B — up 19% from $1.19B a quarter earlier.

Sellers outnumbered buyers: 41 funds closed out of EVH and 38 opened new positions — a net loss of 3 holders — while 73 trimmed existing stakes and 80 added.

The largest buyer was Durable Capital Partners, opening a new position worth an estimated $59M. The largest seller was Wellington Management Group, cutting an estimated $93.3M.

  • 220 institutional investors held Evolent Health (EVH) as of Q2 2025, down from 227 in Q1 2025.
  • Funds reported $1.42B of Evolent Health stock for Q2 2025, up 19% quarter-over-quarter.
  • 38 funds opened new Evolent Health positions in Q2 2025 and 41 closed out, a net change of -3 holders.
  • The largest Evolent Health buyer in Q2 2025 was Durable Capital Partners, an estimated $59M added.
  • The largest Evolent Health seller in Q2 2025 was Wellington Management Group, an estimated $93.3M sold.

Based on aggregated 13F filings for Q2 2025.