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Evolent Health

118 hedge funds and large institutions have $435M invested in Evolent Health in 2016 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 53 increasing their positions, 23 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

495% more call options, than puts

Call options by funds: $2.16M | Put options by funds: $363K

130% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 23

53% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 19

7% more funds holding

Funds holding: 110118 (+8)

3.28% less ownership

Funds ownership: 59.24%55.96% (-3.3%)

35% less capital invested

Capital invested by funds: $672M → $435M (-$236M)

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
118
Holders Change
+8
Holders Change %
+7.27%
% of All Funds
2.95%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.03%
New
29
Increased
53
Reduced
23
Closed
19
Calls
$2.16M
Puts
$363K
Net Calls
+$1.8M
Net Calls Change
+$1.82M
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
1
Pennant Capital Management
New Jersey
$40.9M +$13M +660,274 +31%
JP Morgan Chase
2
JP Morgan Chase
New York
$33.6M +$2.47M +125,350 +6%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$33.2M -$4.42M -224,275 -9%
Vanguard Group
4
Vanguard Group
Pennsylvania
$31.7M +$9.5M +482,102 +29%
GIM
5
Granahan Investment Management
Massachusetts
$31.6M +$15.5M +784,578 +58%
TGHSA
6
TPG Group Holdings (SBS) Advisors
Texas
$25.1M
William Blair & Company
7
William Blair & Company
Illinois
$22.9M +$17.8M +904,661 +140%
TCM
8
TimesSquare Capital Management
New York
$20.2M +$5.52M +280,000 +26%
PCM
9
Peregrine Capital Management
Minnesota
$18.9M +$4.07M +206,364 +19%
ECP
10
Elk Creek Partners
Colorado
$14M +$8.81M +447,244 +89%
Goldman Sachs
11
Goldman Sachs
New York
$10.1M +$3.78M +191,993 +39%
O
12
OppenheimerFunds
New York
$10M +$1.2M +60,790 +10%
Alyeska Investment Group
13
Alyeska Investment Group
Illinois
$9.62M +$2.9M +147,400 +29%
CC
14
Casdin Capital
New York
$8.21M +$3.35M +170,000 +44%
BFA
15
BlackRock Fund Advisors
California
$7.33M +$2.03M +103,257 +26%
CWAM
16
Columbia Wanger Asset Management
Illinois
$6.81M +$9.06M +460,048 New
BIT
17
BlackRock Institutional Trust
California
$6.55M +$2.39M +121,055 +38%
Loomis, Sayles & Company
18
Loomis, Sayles & Company
Massachusetts
$5.93M -$3.39M -172,205 -30%
USAA
19
United Services Automobile Association
Texas
$5.32M +$3.19M +162,100 +82%
GGHC
20
Gilder Gagnon Howe & Co
New York
$4.87M -$3.93M -199,543 -38%
PC
21
Pier Capital
Connecticut
$4.64M +$1.47M +74,446 +31%
PA
22
Perceptive Advisors
New York
$4.55M -$2.37M -120,484 -28%
Two Sigma Investments
23
Two Sigma Investments
New York
$4.41M +$2.69M +136,407 +84%
Millennium Management
24
Millennium Management
New York
$4.38M +$3.59M +182,361 +160%
State Street
25
State Street
Massachusetts
$3.7M +$243K +12,339 +5%

EVH Hedge Fund Activity: Q4 2016 in Review

118 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Evolent Health (EVH) for Q4 2016, worth a combined $435M — down 35% from $672M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new EVH positions and 19 closed out — a net gain of 10 holders — while 53 added to existing stakes and 23 trimmed.

The largest buyer was William Blair & Company, adding an estimated $17.8M. The largest seller was Capital World Investors, exiting entirely with an estimated $33.7M sold.

  • 118 institutional investors held Evolent Health (EVH) as of Q4 2016, up from 110 in Q3 2016.
  • Funds reported $435M of Evolent Health stock for Q4 2016, down 35% quarter-over-quarter.
  • 29 funds opened new Evolent Health positions in Q4 2016 and 19 closed out, a net change of +10 holders.
  • The largest Evolent Health buyer in Q4 2016 was William Blair & Company, an estimated $17.8M added.
  • The largest Evolent Health seller in Q4 2016 was Capital World Investors, an estimated $33.7M sold.

Based on aggregated 13F filings for Q4 2016.