Evolutionary Tree Capital Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Evolutionary Tree Capital Management, LLC reported 27 stock positions worth $94.2 million. Its top holding was Microsoft (MSFT) at 9.0% of the portfolio, followed by Amazon.com (AMZN, 8.7%) and ServiceNow (NOW, 5.8%). Compared with Q1 2025, it opened 1 new position, sold out of 2, added to 6 and reduced 20. The biggest buy was a new position in Rubrik Class A (RBRK) and the biggest sale an exit from Workday Class A (WDAY).
- Most Recent 13F
- Q2 2026
- Location
- ALEXANDRIA, VA
- CIK
- 0001844345
- Portfolio Value
- $94.2M (Q2 2025)
- SEC Filing
- 0001376474-25-000740 ↗ filed Aug 13, 2025
Holdings Value
Holdings 27 stocks · $94.2M
| MSFT Microsoft Corp. | 9.02% | 17,080 | $8.5M | Reduce -11.0% |
| AMZN Amazon.com Inc. | 8.69% | 37,307 | $8.2M | Reduce -10.7% |
| NOW ServiceNow Inc. | 5.81% | 5,321 | $5.5M | Reduce -11.1% |
| CYBR Cyberark Software Ltd./Israel | 5.70% | 13,201 | $5.4M | Add +12.4% |
| NFLX Netflix Inc. | 5.38% | 3,786 | $5.1M | Reduce -12.3% |
| MELI MercadoLibre Inc. | 4.92% | 1,774 | $4.6M | Reduce -9.7% |
| PRCT Procept Biorobotics Corp. | 4.59% | 75,031 | $4.3M | Add +1.6% |
| META Meta Platforms Inc. Class A | 4.57% | 5,833 | $4.3M | Reduce -25.2% |
| RBLX Roblox Corp. Class A | 4.55% | 40,763 | $4.3M | Reduce -12.3% |
| SNPS Synopsys Inc. | 4.35% | 7,995 | $4.1M | Reduce -0.0% |
| UBER Uber Technologies Inc. | 4.31% | 43,504 | $4.1M | Reduce -10.9% |
| MNDY Monday.com Ltd. | 3.77% | 11,304 | $3.6M | Reduce -9.1% |
| CACI Caci International Inc. Class A | 3.45% | 6,815 | $3.2M | Add +4.7% |
| ASND Ascendis Pharma A/S | 3.38% | 18,454 | $3.2M | Reduce -10.7% |
| SHOP Shopify Inc. Class A | 3.23% | 26,361 | $3.0M | Reduce -31.3% |
| AFRM Affirm Holdings Inc. | 2.97% | 40,495 | $2.8M | Reduce -8.4% |
| AXON Axon Enterprise Inc. | 2.73% | 3,104 | $2.6M | Reduce -36.2% |
| CWAN Clearwater Analytics HDS-A | 2.59% | 111,304 | $2.4M | Add +31.7% |
| ZS Zscaler Inc. | 2.29% | 6,876 | $2.2M | Reduce -10.3% |
| RBRK Rubrik Inc. Class A | 2.29% | 24,080 | $2.2M | New |
| HUBS HubSpot Inc. | 2.10% | 3,551 | $2.0M | Add +56.7% |
| ARGX Argenx SE - ADR | 2.05% | 3,504 | $1.9M | Reduce -9.5% |
| V Visa Inc. Class A | 2.01% | 5,343 | $1.9M | Reduce -11.7% |
| KRYS Krystal Biotech Inc. | 1.79% | 12,296 | $1.7M | Reduce -7.8% |
| ISRG Intuitive Surgical Inc. | 1.76% | 3,042 | $1.7M | Reduce -11.3% |
| SG Sweetgreen Inc. Class A | 1.44% | 91,060 | $1.4M | Add +23.9% |
| SE Sea Ltd.-ADR | 0.22% | 1,293 | $207K | Reduce -25.9% |
Portfolio Sells Q1 2025 → Q2 2025
| WDAY Workday Inc. Class A | Sold out | 0.00% | −2.05 |
| DKNG Draftkings Inc. Class A | Sold out | 0.00% | −1.79 |
| SHOP Shopify Inc. Class A | Reduce -31.3% | 3.23% | −1.03 |
| KRYS Krystal Biotech Inc. | Reduce -7.8% | 1.79% | −1.00 |
| META Meta Platforms Inc. Class A | Reduce -25.2% | 4.57% | −0.65 |
| ARGX Argenx SE - ADR | Reduce -9.5% | 2.05% | −0.61 |
| AMZN Amazon.com Inc. | Reduce -10.7% | 8.69% | −0.54 |
| V Visa Inc. Class A | Reduce -11.7% | 2.01% | −0.45 |
| ASND Ascendis Pharma A/S | Reduce -10.7% | 3.38% | −0.36 |
| AXON Axon Enterprise Inc. | Reduce -36.2% | 2.73% | −0.24 |
| ISRG Intuitive Surgical Inc. | Reduce -11.3% | 1.76% | −0.22 |
| SE Sea Ltd.-ADR | Reduce -25.9% | 0.22% | −0.04 |
| UBER Uber Technologies Inc. | Reduce -10.9% | 4.31% | +0.18 |
| MNDY Monday.com Ltd. | Reduce -9.1% | 3.77% | +0.26 |
| NOW ServiceNow Inc. | Reduce -11.1% | 5.81% | +0.27 |
| SNPS Synopsys Inc. | Reduce -0.0% | 4.35% | +0.37 |
| MELI MercadoLibre Inc. | Reduce -9.7% | 4.92% | +0.47 |
| ZS Zscaler Inc. | Reduce -10.3% | 2.29% | +0.52 |
| MSFT Microsoft Corp. | Reduce -11.0% | 9.02% | +0.65 |
| AFRM Affirm Holdings Inc. | Reduce -8.4% | 2.97% | +0.65 |
| NFLX Netflix Inc. | Reduce -12.3% | 5.38% | +0.71 |
| RBLX Roblox Corp. Class A | Reduce -12.3% | 4.55% | +1.40 |
Portfolio Buys Q1 2025 → Q2 2025
| RBRK Rubrik Inc. Class A | New | 2.29% | +2.29 |
| CYBR Cyberark Software Ltd./Israel | Add +12.4% | 5.70% | +1.09 |
| CACI Caci International Inc. Class A | Add +4.7% | 3.45% | +0.68 |
| HUBS HubSpot Inc. | Add +56.7% | 2.10% | +0.59 |
| CWAN Clearwater Analytics HDS-A | Add +31.7% | 2.59% | −0.04 |
| PRCT Procept Biorobotics Corp. | Add +1.6% | 4.59% | −0.41 |
| SG Sweetgreen Inc. Class A | Add +23.9% | 1.44% | −0.70 |
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 |