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Evolent Health

243 hedge funds and large institutions have $2.48B invested in Evolent Health in 2024 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 102 increasing their positions, 74 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 102 | Existing positions reduced: 74

2.54% more ownership

Funds ownership: 109.03%111.57% (+2.5%)

3% less funds holding

Funds holding: 251243 (-8)

12% less first-time investments, than exits

New positions opened: 45 | Existing positions closed: 51

40% less capital invested

Capital invested by funds: $4.12B → $2.48B (-$1.65B)

43% less funds holding in top 10

Funds holding in top 10: 74 (-3)

58% less call options, than puts

Call options by funds: $10.5M | Put options by funds: $25.1M

Holders
243
Holders Change
-8
Holders Change %
-3.19%
% of All Funds
3.51%
Holding in Top 10
4
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-42.86%
% of All Funds
0.06%
New
45
Increased
102
Reduced
74
Closed
51
Calls
$10.5M
Puts
$25.1M
Net Calls
-$14.6M
Net Calls Change
-$22.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$214M +$59.1M +2,315,081 +26%
Vanguard Group
2
Vanguard Group
Pennsylvania
$211M +$3.6M +140,812 +1%
BlackRock
3
BlackRock
New York
$166M +$10M +391,628 +5%
RCM
4
RA Capital Management
Massachusetts
$163M +$71M +2,778,730 +48%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$117M -$114M -4,466,402 -42%
William Blair Investment Management
6
William Blair Investment Management
Illinois
$96.1M +$33.4M +1,308,376 +35%
JP Morgan Chase
7
JP Morgan Chase
New York
$83.3M -$10M -392,367 -8%
EC
8
Engaged Capital
California
$78.6M +$21.7M +850,000 +26%
RSCM
9
Rock Springs Capital Management
Maryland
$78M +$2.3M +90,000 +2%
EAM
10
Eventide Asset Management
Massachusetts
$71.5M +$28M +1,096,551 +41%
Holocene Advisors
11
Holocene Advisors
New York
$58.8M -$2.95M -115,576 -4%
GIM
12
Granahan Investment Management
Massachusetts
$58M +$13.4M +526,524 +21%
State Street
13
State Street
Massachusetts
$51.6M +$4.59M +179,759 +7%
O
14
OrbiMed
New York
$49.8M
Geode Capital Management
15
Geode Capital Management
Massachusetts
$49.8M +$3.36M +131,713 +5%
William Blair & Company
16
William Blair & Company
Illinois
$49.4M -$17.5M -687,142 -21%
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$45.3M +$3.11M +121,770 +5%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$39.2M +$10.4M +406,837 +25%
BG
19
Bellevue Group
Switzerland
$31.9M +$4.77M +186,739 +13%
HRCM
20
Hood River Capital Management
Florida
$30.9M -$15.1M -589,585 -27%
Loomis, Sayles & Company
21
Loomis, Sayles & Company
Massachusetts
$30.8M -$12.8M -502,102 -24%
UBS AM
22
UBS AM
Illinois
$30.1M +$36.8M +1,442,629 +1,093%
Adage Capital Partners
23
Adage Capital Partners
Massachusetts
$29.3M +$7.05M +276,176 +22%
Invesco
24
Invesco
Georgia
$27.8M -$12.8M -502,178 -26%
FLAM
25
First Light Asset Management
Minnesota
$27.6M +$29.5M +1,157,124 +402%

EVH Hedge Fund Activity: Q2 2024 in Review

243 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Evolent Health (EVH) for Q2 2024, worth a combined $2.48B — down 40% from $4.12B a quarter earlier.

Sellers outnumbered buyers: 51 funds closed out of EVH and 45 opened new positions — a net loss of 6 holders — while 74 trimmed existing stakes and 102 added.

The largest buyer was RA Capital Management, adding an estimated $71M. The largest seller was Fidelity Investments, cutting an estimated $114M.

  • 243 institutional investors held Evolent Health (EVH) as of Q2 2024, down from 251 in Q1 2024.
  • Funds reported $2.48B of Evolent Health stock for Q2 2024, down 40% quarter-over-quarter.
  • 45 funds opened new Evolent Health positions in Q2 2024 and 51 closed out, a net change of -6 holders.
  • The largest Evolent Health buyer in Q2 2024 was RA Capital Management, an estimated $71M added.
  • The largest Evolent Health seller in Q2 2024 was Fidelity Investments, an estimated $114M sold.

Based on aggregated 13F filings for Q2 2024.