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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
IIM
101
Ironwood Investment Management
Massachusetts
$568K +$35.4K +3,857 +8%
HWM
102
HighMark Wealth Management
Minnesota
$566K +$165K +18,000 +56%
CMF
103
Counterpoint Mutual Funds
California
$522K -$336K -36,625 -44%
SOW
104
State of Wyoming
Wyoming
$518K +$118K +12,812 +39%
Janus Henderson Group
105
Janus Henderson Group
United Kingdom
$494K
New York State Common Retirement Fund
106
New York State Common Retirement Fund
New York
$477K +$64.8K +7,052 +20%
Brown Advisory
107
Brown Advisory
Maryland
$473K
Allianz Asset Management
108
Allianz Asset Management
Germany
$470K -$246K -26,809 -39%
DIM
109
DC Investments Management
Virginia
$457K
CC
110
Chicago Capital
Illinois
$453K -$8.38K -913 -2%
Fuller & Thaler Asset Management
111
Fuller & Thaler Asset Management
California
$430K -$80.3K -8,740 -19%
Zurich Cantonal Bank
112
Zurich Cantonal Bank
Switzerland
$411K
Man Group
113
Man Group
United Kingdom
$408K -$25.7K -2,794 -7%
Ensign Peak Advisors
114
Ensign Peak Advisors
Utah
$406K
Simplex Trading
115
Simplex Trading
Illinois
$404K +$295K +32,142 +851%
SG Americas Securities
116
SG Americas Securities
New York
$394K +$322K +35,014 New
VOYA Investment Management
117
VOYA Investment Management
Georgia
$363K +$8.07K +879 +3%
CL
118
Choreo LLC
Illinois
$357K +$3.07K +334 +1%
State Board of Administration of Florida Retirement System
119
State Board of Administration of Florida Retirement System
Florida
$354K
Canada Life
120
Canada Life
Manitoba, Canada
$344K
FC
121
FORA Capital
Florida
$337K -$347K -37,757 -56%
EFL
122
ERn Financial LLC
Wisconsin
$333K
ASRS
123
Arizona State Retirement System
Arizona
$326K +$4.6K +501 +2%
AI
124
Atria Investments
North Carolina
$326K +$266K +28,916 New
PFSRSONJ
125
Police & Firemen's Retirement System of New Jersey
New Jersey
$307K +$24.5K +2,666 +11%

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.