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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
Vanguard Group
1
Vanguard Group
Pennsylvania
$123M -$153K -16,625 -0.2%
CCM
2
Cadian Capital Management
New York
$117M -$3.4M -369,905 -3%
BlackRock
3
BlackRock
New York
$106M +$1.36M +147,566 +2%
Morgan Stanley
4
Morgan Stanley
New York
$90.7M +$30.1M +3,271,899 +68%
DCP
5
Durable Capital Partners
Maryland
$72.3M +$59M +6,423,293 New
Fidelity Investments
6
Fidelity Investments
Massachusetts
$72.3M +$29.5M +3,214,251 +100%
EC
7
Engaged Capital
California
$65.9M +$6.2M +675,000 +13%
William Blair Investment Management
8
William Blair Investment Management
Illinois
$48.7M -$726K -79,054 -2%
EAM
9
Eventide Asset Management
Massachusetts
$46M -$18.3M -1,990,339 -33%
Goldman Sachs
10
Goldman Sachs
New York
$34.9M +$2.44M +265,952 +9%
JP Morgan Chase
11
JP Morgan Chase
New York
$34.8M +$1.56M +170,246 +6%
State Street
12
State Street
Massachusetts
$33.5M +$382K +41,608 +1%
8KM
13
8 Knots Management
Texas
$32.8M +$26.8M +2,913,135 New
RSCM
14
Rock Springs Capital Management
Maryland
$31.8M +$1.15M +125,000 +5%
UBS Group
15
UBS Group
Switzerland
$31.7M +$2.48M +269,535 +11%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$31.2M -$503K -54,742 -2%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$30M +$736K +80,155 +3%
D.E. Shaw & Co
18
D.E. Shaw & Co
New York
$23.7M +$2.07M +225,373 +12%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
19
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$21.6M -$6.79M -739,000 -28%
SAM
20
Silvercrest Asset Management
New York
$20.1M +$472K +51,429 +3%
MC
21
Maverick Capital
Texas
$15.7M +$12.8M +1,392,524 New
SCPM
22
Sea Cliff Partners Management
California
$13.9M -$150K -16,330 -1%
Charles Schwab
23
Charles Schwab
California
$13.3M +$1.47M +159,739 +16%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$13.1M -$26.3K -2,866 -0.2%
Northern Trust
25
Northern Trust
Illinois
$12.7M -$715K -77,811 -6%

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.