Evolutionary Tree Capital Management, LLC

Fundamental concentrated ★Highest signal CIK 1844345
Long book
$53.2M
Q1 2026
Positions
26
Top-10 weight
55%
concentration
Last quarter
+25.8%
SPY +14.8%
Turnover
44%
of book per quarter

Strategy in plain words

auto-generated from filings

Evolutionary Tree Capital Management, LLC is a concentrated fundamental stock-picker, running a $53.2M US long book across 26 positions.

The portfolio is concentrated: the top 10 names carry 55% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ALPHABET INC-CL A, AMAZON.COM INC, KRYSTAL BIOTECH INC, CACI INTERNATIONAL INC -CL A, META PLATFORMS INC-CLASS A.

Over the last 9 quarters its long book ran on average 1.8pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-0.3%
Q2 2024
+6.0%
Q3 2024
+7.4%
Q4 2024
-10.0%
Q1 2025
+23.6%
Q2 2025
-2.9%
Q3 2025
-6.9%
Q4 2025
-18.4%
Q1 2026
+25.8%

Sector allocation

Technology
50%
Healthcare
17%
Services media
11%
Industrials
9%
Consumer discretionary
8%
Financials
6%

Long book by quarter

$99.4M
Q1 2024
$97.2M
Q2 2024
$99.8M
Q3 2024
$98.3M
Q4 2024
$86.1M
Q1 2025
$94.2M
Q2 2025
$91.7M
Q3 2025
$86.1M
Q4 2025
$53.2M
Q1 2026

What does Evolutionary Tree own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GOOGL ALPHABET INC-CL ATechnology14.8K$4.2M8.0%-28.4%
AMZN AMAZON.COM INCConsumer discretionary19.8K$4.1M7.7%-37.1%
KRYS KRYSTAL BIOTECH INCHealthcare12.3K$3.2M6.0%-26.8%
CACI CACI INTERNATIONAL INC -CL ATechnology5.2K$2.8M5.4%-16.4%
META META PLATFORMS INC-CLASS ATechnology4.9K$2.8M5.2%-28.2%
NFLX NETFLIX INCServices media27.4K$2.6M4.9%+175.7%
MSFT MICROSOFT CORPTechnology6.8K$2.5M4.8%-58.9%
CLBT CELLEBRITE DI LTDTechnology183.5K$2.5M4.8%+22.6%
MU MICRON TECHNOLOGY INCTechnology7.4K$2.5M4.7%New
AXON AXON ENTERPRISE INCIndustrials4.9K$2.1M3.9%-27.0%
ASND ASCENDIS PHARMA A/SHealthcare9.1K$2.1M3.9%New
AVGO BROADCOM INCTechnology6.5K$2.0M3.8%New
VIK VIKING HOLDINGS LTDIndustrials27.0K$2.0M3.7%-26.3%
TW TRADEWEB MARKETS INC-CLASS AFinancials16.6K$1.9M3.7%-25.9%
ABT ABBOTT LABORATORIESHealthcare17.9K$1.8M3.4%New
PRCT PROCEPT BIOROBOTICS CORPHealthcare66.9K$1.7M3.1%-33.7%
V VISA INC-CLASS A SHARESServices media5.3K$1.6M3.0%+3.9%
RBLX ROBLOX CORP -CLASS ATechnology24.3K$1.4M2.6%-27.3%
PANW PALO ALTO NETWORKS INCTechnology8.4K$1.3M2.5%New
IOT SAMSARA INC-CL ATechnology42.3K$1.3M2.5%New
RBRK RUBRIK INC-ATechnology24.7K$1.2M2.3%-26.3%
MELI MERCADOLIBRE INCServices media698$1.2M2.3%-47.6%
AFRM AFFIRM HOLDINGS INCFinancials24.6K$1.1M2.1%-26.2%
SHOP SHOPIFY INC - CLASS ATechnology7.2K$859K1.6%-64.3%
AVAV AEROVIRONMENT INCIndustrials2.8K$522K1.0%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 22, 202626$53.2M canonicalSEC ↗
Q4 202513F-HRFeb 12, 202627$86.1M canonicalSEC ↗
Q3 202513F-HRNov 13, 202528$91.7M canonicalSEC ↗
Q2 202513F-HRAug 13, 202527$94.2M canonicalSEC ↗
Q1 202513F-HRMay 9, 202528$86.1M canonicalSEC ↗
Q4 202413F-HRFeb 13, 202530$98.3M canonicalSEC ↗
Q3 202413F-HRNov 13, 202433$99.8M canonicalSEC ↗
Q2 202413F-HRAug 13, 202435$97.2M canonicalSEC ↗
Q1 202413F-HRMay 13, 202436$99.4M canonicalSEC ↗

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