Evolv Technologies
EVLV
244 hedge funds and large institutions have $823M invested in Evolv Technologies in 2025 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 86 increasing their positions, 51 reducing their positions, and 28 closing their positions.
121% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 28
69% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 51
57% more capital invested
Capital invested by funds: $526M → $823M (+$297M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
15% more funds holding
Funds holding: 213 → 244 (+31)
12.02% more ownership
Funds ownership: 51.49% → 63.51% (+12%)
21% less call options, than puts
Call options by funds: $14.5M | Put options by funds: $18.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$28.1M |
| 2 |
Millennium Management
New York
|
+$20.2M |
| 3 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
+$19.1M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.8M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCI
Data Collective IV
Palo Alto,
California
|
-$34.2M |
| 2 |
CP
CenterBook Partners
Greenwich,
Connecticut
|
-$14.1M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$10.3M |
| 4 |
SCM
SCS Capital Management
Boston,
Massachusetts
|
-$8.59M |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$7.04M |
EVLV Hedge Fund Activity: Q3 2025 in Review
244 of the 7,640 institutional investors tracked by Wall St. Rank reported a position in Evolv Technologies (EVLV) for Q3 2025, worth a combined $823M — up 57% from $526M a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new EVLV positions and 28 closed out — a net gain of 34 holders — while 86 added to existing stakes and 51 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $28.1M. The largest seller was Data Collective IV, cutting an estimated $34.2M.
- 244 institutional investors held Evolv Technologies (EVLV) as of Q3 2025, up from 213 in Q2 2025.
- Funds reported $823M of Evolv Technologies stock for Q3 2025, up 57% quarter-over-quarter.
- 62 funds opened new Evolv Technologies positions in Q3 2025 and 28 closed out, a net change of +34 holders.
- The largest Evolv Technologies buyer in Q3 2025 was Driehaus Capital Management, an estimated $28.1M added.
- The largest Evolv Technologies seller in Q3 2025 was Data Collective IV, an estimated $34.2M sold.
Based on aggregated 13F filings for Q3 2025.