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Evolent Health

240 hedge funds and large institutions have $3.62B invested in Evolent Health in 2023 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 88 increasing their positions, 73 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more capital invested

Capital invested by funds: $2.76B → $3.62B (+$855M)

27% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 33

21% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 73

3% more funds holding

Funds holding: 232240 (+8)

0.99% more ownership

Funds ownership: 99.71%100.7% (+0.99%)

0% more funds holding in top 10

Funds holding in top 10: 88 (0)

57% less call options, than puts

Call options by funds: $3.01M | Put options by funds: $6.96M

Holders
240
Holders Change
+8
Holders Change %
+3.45%
% of All Funds
3.82%
Holding in Top 10
8
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.13%
New
42
Increased
88
Reduced
73
Closed
33
Calls
$3.01M
Puts
$6.96M
Net Calls
-$3.95M
Net Calls Change
-$9.16M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$461M +$316M +9,980,971 +214%
Vanguard Group
2
Vanguard Group
Pennsylvania
$302M -$14.9M -470,147 -5%
BlackRock
3
BlackRock
New York
$225M -$24.5M -773,661 -10%
JP Morgan Chase
4
JP Morgan Chase
New York
$180M +$6.41M +202,674 +4%
RSCM
5
Rock Springs Capital Management
Maryland
$123M
GIM
6
Granahan Investment Management
Massachusetts
$110M +$6.26M +197,970 +6%
Invesco
7
Invesco
Georgia
$108M +$13.9M +438,179 +15%
O
8
OrbiMed
New York
$94M +$2.24M +70,800 +3%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$81.1M +$37.6M +1,189,594 +91%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$80.9M -$1.55M -49,165 -2%
William Blair & Company
11
William Blair & Company
Illinois
$76.2M -$720K -22,776 -1%
Loomis, Sayles & Company
12
Loomis, Sayles & Company
Massachusetts
$73.9M +$11.5M +362,544 +19%
EC
13
Engaged Capital
California
$71.8M -$18.1M -572,588 -21%
BG
14
Bellevue Group
Switzerland
$71.1M +$6.56M +207,494 +10%
Millennium Management
15
Millennium Management
New York
$65.5M -$4.02M -127,269 -6%
EAM
16
Eventide Asset Management
Massachusetts
$61.7M
State Street
17
State Street
Massachusetts
$60.9M +$3.92M +124,053 +7%
CS
18
Credit Suisse
Switzerland
$58.5M -$17.3M -548,369 -23%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$52.7M +$1.97M +62,313 +4%
Holocene Advisors
20
Holocene Advisors
New York
$51.7M +$1.02M +32,400 +2%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$51.2M +$1.11M +35,049 +2%
American Century Companies
22
American Century Companies
Missouri
$47.2M +$5.33M +168,602 +13%
Citadel Advisors
23
Citadel Advisors
Florida
$46.6M -$36.8M -1,163,341 -45%
Macquarie Group
24
Macquarie Group
Australia
$44.5M +$8.34M +263,885 +24%
FAM
25
Fred Alger Management
New York
$43.8M -$17M -538,460 -28%

EVH Hedge Fund Activity: Q1 2023 in Review

240 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Evolent Health (EVH) for Q1 2023, worth a combined $3.62B — up 31% from $2.76B a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new EVH positions and 33 closed out — a net gain of 9 holders — while 88 added to existing stakes and 73 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $316M. The largest seller was Point72 Asset Management, cutting an estimated $93.7M.

  • 240 institutional investors held Evolent Health (EVH) as of Q1 2023, up from 232 in Q4 2022.
  • Funds reported $3.62B of Evolent Health stock for Q1 2023, up 31% quarter-over-quarter.
  • 42 funds opened new Evolent Health positions in Q1 2023 and 33 closed out, a net change of +9 holders.
  • The largest Evolent Health buyer in Q1 2023 was Fidelity Investments, an estimated $316M added.
  • The largest Evolent Health seller in Q1 2023 was Point72 Asset Management, an estimated $93.7M sold.

Based on aggregated 13F filings for Q1 2023.