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Evolent Health

191 hedge funds and large institutions have $252M invested in Evolent Health in 2026 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 58 increasing their positions, 59 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

2% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 59

9.03% less ownership

Funds ownership: 108%98.97% (-9%)

11% less funds holding

Funds holding: 215191 (-24)

19% less call options, than puts

Call options by funds: $274K | Put options by funds: $337K

31% less first-time investments, than exits

New positions opened: 42 | Existing positions closed: 61

48% less capital invested

Capital invested by funds: $482M → $252M (-$230M)

Holders
191
Holders Change
-24
Holders Change %
-11.16%
% of All Funds
2.35%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
42
Increased
58
Reduced
59
Closed
61
Calls
$274K
Puts
$337K
Net Calls
-$63K
Net Calls Change
-$2.14M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$24.8M +$1.77M +557,321 +5%
CCM
2
Cadian Capital Management
New York
$24.7M -$860K -270,982 -2%
Morgan Stanley
3
Morgan Stanley
New York
$20.7M -$625K -197,044 -2%
UBS Group
4
UBS Group
Switzerland
$18.6M +$6.47M +2,040,743 +33%
RF
5
Rubicon Founders
Tennessee
$13.3M
EC
6
Engaged Capital
California
$12.7M
D.E. Shaw & Co
7
D.E. Shaw & Co
New York
$12.4M +$523K +164,730 +3%
VCM
8
Vanguard Capital Management
Pennsylvania
$11.1M +$15.4M +4,867,403 New
RSCM
9
Rock Springs Capital Management
Maryland
$6.1M
State Street
10
State Street
Massachusetts
$6.03M -$937K -295,363 -10%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$5.97M -$365K -115,019 -4%
MC
12
Maverick Capital
Texas
$5.87M +$104K +32,833 +1%
EAM
13
Eventide Asset Management
Massachusetts
$5.81M +$8.08M +2,547,558 New
Goldman Sachs
14
Goldman Sachs
New York
$5.1M +$1.28M +403,111 +22%
Charles Schwab
15
Charles Schwab
California
$4.44M +$1.37M +433,231 +29%
TC
16
Tejara Capital
United Kingdom
$4.44M +$1.95M +615,209 +46%
Jane Street
17
Jane Street
New York
$4.08M -$3.69M -1,162,800 -39%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$4.08M -$1.64M -517,486 -22%
RPA
19
Rock Point Advisors
Vermont
$4.07M +$1.89M +596,525 +50%
HF
20
HRT Financial
New York
$3.94M +$3.27M +1,029,519 +148%
KCM
21
Kennedy Capital Management
Missouri
$3.64M +$2.13M +672,006 +73%
Hudson Bay Capital Management
22
Hudson Bay Capital Management
Connecticut
$3M -$455K -143,580 -10%
VPM
23
Vanguard Portfolio Management
Pennsylvania
$2.12M +$2.95M +930,878 New
Northern Trust
24
Northern Trust
Illinois
$2.09M -$427K -134,698 -13%
BNP Paribas Financial Markets
25
BNP Paribas Financial Markets
France
$2.03M +$1.1M +347,019 +64%

EVH Hedge Fund Activity: Q1 2026 in Review

191 of the 8,125 institutional investors tracked by Wall St. Rank reported a position in Evolent Health (EVH) for Q1 2026, worth a combined $252M — down 48% from $482M a quarter earlier.

Sellers outnumbered buyers: 61 funds closed out of EVH and 42 opened new positions — a net loss of 19 holders — while 59 trimmed existing stakes and 58 added.

The largest buyer was Eventide Asset Management, opening a new position worth an estimated $8.08M. The largest seller was JP Morgan Chase, cutting an estimated $8.11M.

  • 191 institutional investors held Evolent Health (EVH) as of Q1 2026, down from 215 in Q4 2025.
  • Funds reported $252M of Evolent Health stock for Q1 2026, down 48% quarter-over-quarter.
  • 42 funds opened new Evolent Health positions in Q1 2026 and 61 closed out, a net change of -19 holders.
  • The largest Evolent Health buyer in Q1 2026 was Eventide Asset Management, an estimated $8.08M added.
  • The largest Evolent Health seller in Q1 2026 was JP Morgan Chase, an estimated $8.11M sold.

Based on aggregated 13F filings for Q1 2026.