Evolving Systems, Inc.
EVOL
EVOL was delisted on the 22nd of April, 2022.
30 hedge funds and large institutions have $24M invested in Evolving Systems, Inc. in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 5 closing their positions.
0.82% less ownership
Funds ownership: 34.99% → 34.17% (-0.82%)
6% less funds holding
Funds holding: 32 → 30 (-2)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
34% less capital invested
Capital invested by funds: $36.6M → $24M (-$12.6M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LAM
Lapides Asset Management
Greenwich,
Connecticut
|
+$1.11M |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$836K |
| 3 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$380K |
| 4 |
Renaissance Technologies
New York
|
+$90.1K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$34.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
-$5.04M |
| 2 |
Morgan Stanley
New York
|
-$638K |
| 3 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$223K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$209K |
| 5 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$195K |
EVOL Hedge Fund Activity: Q3 2015 in Review
30 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Evolving Systems, Inc. (EVOL) for Q3 2015, worth a combined $24M — down 34% from $36.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of EVOL and 3 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 7 added.
The largest buyer was Lapides Asset Management, adding an estimated $1.11M. The largest seller was William Blair & Company, cutting an estimated $5.04M.
- 30 institutional investors held Evolving Systems, Inc. (EVOL) as of Q3 2015, down from 32 in Q2 2015.
- Funds reported $24M of Evolving Systems, Inc. stock for Q3 2015, down 34% quarter-over-quarter.
- 3 funds opened new Evolving Systems, Inc. positions in Q3 2015 and 5 closed out, a net change of -2 holders.
- The largest Evolving Systems, Inc. buyer in Q3 2015 was Lapides Asset Management, an estimated $1.11M added.
- The largest Evolving Systems, Inc. seller in Q3 2015 was William Blair & Company, an estimated $5.04M sold.
Based on aggregated 13F filings for Q3 2015.