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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
State of Wisconsin Investment Board
51
State of Wisconsin Investment Board
Wisconsin
$3.34M +$66.2K +7,208 +2%
Adage Capital Partners
52
Adage Capital Partners
Massachusetts
$3.25M -$854K -93,023 -24%
Ameriprise
53
Ameriprise
Minnesota
$3.22M +$130K +14,176 +5%
UBS AM
54
UBS AM
Illinois
$3.16M -$2.22M -242,250 -46%
N
55
Nuveen
North Carolina
$2.91M -$3.64M -396,805 -61%
Tudor Investment Corp
56
Tudor Investment Corp
Connecticut
$2.83M -$3.68M -400,819 -61%
GI
57
GAMCO Investors
Connecticut
$2.76M -$21.1K -2,300 -0.9%
EP
58
Edgestream Partners
New Jersey
$2.59M +$2.11M +229,781 New
Susquehanna International Group
59
Susquehanna International Group
Pennsylvania
$2.51M +$629K +68,448 +44%
Invesco
60
Invesco
Georgia
$2.49M +$485K +52,800 +31%
KCM
61
Kennedy Capital Management
Missouri
$2.32M +$72.7K +7,919 +4%
Macquarie Group
62
Macquarie Group
Australia
$2.21M +$439K +47,800 +32%
AG
63
Algert Global
California
$2.16M
Swiss National Bank
64
Swiss National Bank
Switzerland
$2.13M -$33.1K -3,600 -2%
Citigroup
65
Citigroup
New York
$2.12M -$3.04M -331,530 -64%
CAM
66
Congress Asset Management
Massachusetts
$2.11M -$1.29K -140 -0.1%
RhumbLine Advisers
67
RhumbLine Advisers
Massachusetts
$2.09M +$146K +15,947 +9%
Norges Bank
68
Norges Bank
Norway
$2.02M -$4.57M -497,397 -74%
Russell Investments Group
69
Russell Investments Group
United Kingdom
$1.77M +$539K +58,683 +60%
PAP
70
Persistent Asset Partners
Hong Kong
$1.75M +$1.43M +155,729 New
Verition Fund Management
71
Verition Fund Management
Connecticut
$1.73M +$1.41M +153,925 New
FHC
72
Forest Hill Capital
Arkansas
$1.69M -$179K -19,500 -11%
RBI
73
Raiffeisen Bank International
Austria
$1.5M +$184K +20,000 +17%
Nordea Investment Management
74
Nordea Investment Management
Sweden
$1.46M +$37.7K +4,101 +3%
Legal & General Group
75
Legal & General Group
United Kingdom
$1.45M +$180K +19,576 +18%

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.