Evolution Advisers, Inc.
Long book
$237.3M
Q1 2026
Positions
162
Top-10 weight
79%
concentration
Last quarter
+8.9%
SPY +14.8%
Turnover
11%
of book per quarter
Strategy in plain words
auto-generated from filingsEvolution Advisers, Inc. is a wealth-management firm allocating client money, running a $237.3M US long book across 162 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD FTSE DEVELOPED ETF, VANGUARD GROWTH ETF, VANGUARD VALUE ETF, VANGUARD TOTAL INTL BOND ETF, VANGUARD SHORT-TERM BOND ETF.
Over the last 9 quarters its long book ran on average 1.2pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.5%
Q2 2024
+6.2%
Q3 2024
-1.5%
Q4 2024
+0.2%
Q1 2025
+7.5%
Q2 2025
+5.5%
Q3 2025
+2.4%
Q4 2025
-0.8%
Q1 2026
+8.9%
Sector allocation
Financials 30%
Technology 25%
Industrials 10%
Consumer discretionary 10%
Energy 9%
Utilities 5%
Other 3%
Services media 3%
Long book by quarter
What does Evolution Advisers, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 5.4K | $1.4M | 0.6% | -0.4% |
| GNW GENWORTH FINANCIAL INC | Financials | 166.6K | $1.4M | 0.6% | +36.7% |
| XOM EXXON MOBIL CORP | Energy | 4.9K | $838K | 0.4% | -0.3% |
| UNP UNION PACIFIC CORP | Industrials | 2.0K | $495K | 0.2% | Held |
| WMT WALMART INC | Consumer discretionary | 3.7K | $465K | 0.2% | -1.0% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 905 | $433K | 0.2% | Held |
| GOOGL ALPHABET INC-CL A | Technology | 1.4K | $388K | 0.2% | -0.5% |
| WFC WELLS FARGO & CO | Financials | 4.3K | $345K | 0.1% | Held |
| ORI OLD REPUBLIC INTL CORP | Financials | 7.7K | $306K | 0.1% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.4K | $301K | 0.1% | -4.4% |
| NI NISOURCE INC | Utilities | 5.9K | $276K | 0.1% | Held |
| CW CURTISS-WRIGHT CORP | Industrials | 350 | $238K | 0.1% | Held |
| JPM JPMORGAN CHASE & CO | Financials | 651 | $191K | 0.1% | Held |
| GOOG ALPHABET INC-CL C | Technology | 600 | $172K | 0.1% | Held |
| TDY TELEDYNE TECHNOLOGIES INC | Technology | 250 | $151K | 0.1% | Held |
| KMB KIMBERLY-CLARK CORP | Other | 1.6K | $151K | 0.1% | Held |
| MKL MARKEL GROUP INC | Financials | 78 | $149K | 0.1% | +1.3% |
| AVGO BROADCOM INC | Technology | 450 | $139K | 0.1% | Held |
| LOW LOWE'S COS INC | Consumer discretionary | 518 | $122K | 0.1% | -0.8% |
| D DOMINION ENERGY INC | Utilities | 2.0K | $121K | 0.1% | Held |
| MSFT MICROSOFT CORP | Technology | 326 | $120K | 0.1% | Held |
| V VISA INC-CLASS A SHARES | Services media | 381 | $115K | 0.0% | Held |
| CSCO CISCO SYSTEMS INC | Technology | 1.4K | $112K | 0.0% | Held |
| MA MASTERCARD INC - A | Services media | 197 | $98K | 0.0% | Held |
| SYK STRYKER CORP | Healthcare | 300 | $98K | 0.0% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 403 | $98K | 0.0% | Held |
| HD HOME DEPOT INC | Consumer discretionary | 260 | $85K | 0.0% | Held |
| PEP PEPSICO INC | Consumer staples | 526 | $81K | 0.0% | Held |
| LMT LOCKHEED MARTIN CORP | Industrials | 132 | $79K | 0.0% | Held |
| HSY HERSHEY CO/THE | Consumer staples | 381 | $79K | 0.0% | Held |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 160 | $78K | 0.0% | Held |
| J JACOBS SOLUTIONS INC | Industrials | 600 | $76K | 0.0% | Held |
| AMGN AMGEN INC | Healthcare | 200 | $70K | 0.0% | Held |
| ELV ELEVANCE HEALTH INC | Financials | 236 | $69K | 0.0% | Held |
| SEIC SEI INVESTMENTS COMPANY | Financials | 873 | $68K | 0.0% | Held |
| KNSL KINSALE CAPITAL GROUP INC | Financials | 199 | $67K | 0.0% | Held |
| PSX PHILLIPS 66 | Energy | 373 | $67K | 0.0% | Held |
| TROW T ROWE PRICE GROUP INC | Financials | 728 | $65K | 0.0% | Held |
| NTR NUTRIEN LTD | Other | 867 | $65K | 0.0% | Held |
| CEG CONSTELLATION ENERGY | Utilities | 232 | $64K | 0.0% | Held |
| ORCL ORACLE CORP | Technology | 380 | $55K | 0.0% | Held |
| COF CAPITAL ONE FINANCIAL CORP | Financials | 282 | $51K | 0.0% | +21.6% |
| DAL DELTA AIR LINES INC | Industrials | 759 | $50K | 0.0% | Held |
| PPL PPL CORP | Utilities | 1.2K | $46K | 0.0% | Held |
| ETN EATON CORP PLC | Industrials | 126 | $45K | 0.0% | Held |
| CVX CHEVRON CORP | Energy | 205 | $42K | 0.0% | +105.0% |
| ACN ACCENTURE PLC-CL A | Services media | 192 | $38K | 0.0% | Held |
| EXC EXELON CORP | Utilities | 760 | $37K | 0.0% | Held |
| ADP AUTOMATIC DATA PROCESSING | Technology | 176 | $35K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 1, 2026 | 162 | $237.3M | $K fixed canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 23, 2026 | 170 | $230.9M | $K fixed canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Jan 23, 2026 | 161 | $222.4M | $K fixed canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 25, 2025 | 156 | $204.0M | $K fixed canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 9, 2025 | 161 | $190.0M | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 29, 2025 | 184 | $183.0M | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 18, 2024 | 196 | $183.7M | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 26, 2024 | 185 | $169.4M | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 3, 2024 | 185 | $169.4M | $K fixed canonical | SEC ↗ |