Evolutionary Tree Capital Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), Evolutionary Tree Capital Management, LLC reported 28 stock positions worth $86.1 million. Its top holding was Amazon.com (AMZN) at 9.2% of the portfolio, followed by Microsoft (MSFT, 8.4%) and ServiceNow (NOW, 5.5%). Compared with Q4 2024, it opened 3 new positions, sold out of 5, added to 6 and reduced 19. The biggest buy was a new position in Synopsys (SNPS) and the biggest sale Axon Enterprise (AXON, shares −48%).
- Most Recent 13F
- Q2 2026
- Location
- ALEXANDRIA, VA
- CIK
- 0001844345
- Portfolio Value
- $86.1M (Q1 2025)
- SEC Filing
- 0001376474-25-000441 ↗ filed May 9, 2025
Holdings Value
Holdings 28 stocks · $86.1M
| AMZN Amazon.com Inc. | 9.23% | 41,764 | $7.9M | Reduce -1.5% |
| MSFT Microsoft Corp. | 8.37% | 19,193 | $7.2M | Add +11.7% |
| NOW ServiceNow Inc. | 5.54% | 5,987 | $4.8M | Reduce -1.5% |
| META Meta Platforms Inc. Class A | 5.22% | 7,796 | $4.5M | Add +9.3% |
| PRCT Procept Biorobotics Corp. | 5.00% | 73,867 | $4.3M | Add +20.9% |
| NFLX Netflix Inc. | 4.68% | 4,316 | $4.0M | Reduce -1.0% |
| CYBR Cyberark Software Ltd./Israel | 4.61% | 11,739 | $4.0M | Reduce -1.4% |
| MELI MercadoLibre Inc. | 4.45% | 1,965 | $3.8M | Reduce -2.0% |
| SHOP Shopify Inc. Class A | 4.26% | 38,379 | $3.7M | Reduce -1.2% |
| UBER Uber Technologies Inc. | 4.13% | 48,806 | $3.6M | Reduce -1.5% |
| SNPS Synopsys Inc. | 3.99% | 7,997 | $3.4M | New |
| ASND Ascendis Pharma A/S | 3.74% | 20,656 | $3.2M | Reduce -31.4% |
| MNDY Monday.com Ltd. | 3.52% | 12,441 | $3.0M | Add +15.1% |
| RBLX Roblox Corp. Class A | 3.15% | 46,495 | $2.7M | Reduce -37.1% |
| AXON Axon Enterprise Inc. | 2.97% | 4,865 | $2.6M | Reduce -48.0% |
| KRYS Krystal Biotech Inc. | 2.80% | 13,343 | $2.4M | Add +24.7% |
| CACI Caci International Inc. Class A | 2.77% | 6,507 | $2.4M | New |
| ARGX Argenx SE - ADR | 2.66% | 3,873 | $2.3M | Reduce -1.8% |
| CWAN Clearwater Analytics HDS-A | 2.63% | 84,535 | $2.3M | New |
| V Visa Inc. Class A | 2.46% | 6,052 | $2.1M | Reduce -1.8% |
| AFRM Affirm Holdings Inc. | 2.32% | 44,200 | $2.0M | Add +19.6% |
| SG Sweetgreen Inc. Class A | 2.14% | 73,501 | $1.8M | Reduce -4.3% |
| WDAY Workday Inc. Class A | 2.05% | 7,558 | $1.8M | Reduce -28.9% |
| ISRG Intuitive Surgical Inc. | 1.97% | 3,429 | $1.7M | Reduce -16.3% |
| DKNG Draftkings Inc. Class A | 1.79% | 46,267 | $1.5M | Reduce -29.0% |
| ZS Zscaler Inc. | 1.77% | 7,669 | $1.5M | Reduce -1.2% |
| HUBS HubSpot Inc. | 1.50% | 2,266 | $1.3M | Reduce -58.8% |
| SE Sea Ltd.-ADR | 0.26% | 1,745 | $228K | Reduce -13.2% |
Portfolio Sells Q4 2024 → Q1 2025
| AXON Axon Enterprise Inc. | Reduce -48.0% | 2.97% | −2.68 |
| SRPT Sarepta Therapeutics Inc. | Sold out | 0.00% | −2.58 |
| HUBS HubSpot Inc. | Reduce -58.8% | 1.50% | −2.40 |
| INSP Inspire Medical Systems Inc. | Sold out | 0.00% | −1.75 |
| PANW Palo Alto Networks Inc. | Sold out | 0.00% | −1.66 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −1.37 |
| RBLX Roblox Corp. Class A | Reduce -37.1% | 3.15% | −1.20 |
| NOW ServiceNow Inc. | Reduce -1.5% | 5.54% | −1.02 |
| WDAY Workday Inc. Class A | Reduce -28.9% | 2.05% | −0.74 |
| DKNG Draftkings Inc. Class A | Reduce -29.0% | 1.79% | −0.68 |
| NTLA Intellia Therapeutics Inc. | Sold out | 0.00% | −0.56 |
| ASND Ascendis Pharma A/S | Reduce -31.4% | 3.74% | −0.48 |
| SG Sweetgreen Inc. Class A | Reduce -4.3% | 2.14% | −0.37 |
| AMZN Amazon.com Inc. | Reduce -1.5% | 9.23% | −0.23 |
| ISRG Intuitive Surgical Inc. | Reduce -16.3% | 1.97% | −0.20 |
| SE Sea Ltd.-ADR | Reduce -13.2% | 0.26% | +0.05 |
| SHOP Shopify Inc. Class A | Reduce -1.2% | 4.26% | +0.06 |
| ARGX Argenx SE - ADR | Reduce -1.8% | 2.66% | +0.20 |
| ZS Zscaler Inc. | Reduce -1.2% | 1.77% | +0.34 |
| V Visa Inc. Class A | Reduce -1.8% | 2.46% | +0.48 |
| CYBR Cyberark Software Ltd./Israel | Reduce -1.4% | 4.61% | +0.58 |
| NFLX Netflix Inc. | Reduce -1.0% | 4.68% | +0.72 |
| MELI MercadoLibre Inc. | Reduce -2.0% | 4.45% | +0.99 |
| UBER Uber Technologies Inc. | Reduce -1.5% | 4.13% | +1.09 |
Portfolio Buys Q4 2024 → Q1 2025
| SNPS Synopsys Inc. | New | 3.99% | +3.99 |
| CACI Caci International Inc. Class A | New | 2.77% | +2.77 |
| CWAN Clearwater Analytics HDS-A | New | 2.63% | +2.63 |
| KRYS Krystal Biotech Inc. | Add +24.7% | 2.80% | +1.09 |
| MSFT Microsoft Corp. | Add +11.7% | 8.37% | +1.00 |
| META Meta Platforms Inc. Class A | Add +9.3% | 5.22% | +0.97 |
| MNDY Monday.com Ltd. | Add +15.1% | 3.52% | +0.93 |
| AFRM Affirm Holdings Inc. | Add +19.6% | 2.32% | +0.03 |
| PRCT Procept Biorobotics Corp. | Add +20.9% | 5.00% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 29 | $53.0M | GOOGL, AMZN, AXON, KRYS, STX |
| Q1 2026 | 26 | $53.2M | GOOGL, AMZN, KRYS, CACI, META |
| Q4 2025 | 27 | $86.1M | MSFT, AMZN, GOOGL, META, KRYS |
| Q3 2025 | 28 | $91.7M | MSFT, AMZN, NOW, RBLX, NFLX |
| Q2 2025 | 27 | $94.2M | MSFT, AMZN, NOW, CYBR, NFLX |
| Q1 2025 | 28 | $86.1M | AMZN, MSFT, NOW, META, PRCT |
| Q4 2024 | 30 | $98.3M | AMZN, MSFT, NOW, AXON, PRCT |
| Q3 2024 | 33 | $99.8M | MSFT, AMZN, NOW, AXON, PRCT |
| Q2 2024 | 35 | $97.2M | MSFT, AMZN, NOW, HUBS, AXON |
| Q1 2024 | 36 | $99.4M | MSFT, AMZN, NOW, HUBS, AXON |