Evolutionary Tree Capital Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Evolutionary Tree Capital Management, LLC reported 27 stock positions worth $86.1 million. Its top holding was Microsoft (MSFT) at 9.4% of the portfolio, followed by Amazon.com (AMZN, 8.4%) and Alphabet Class A (GOOGL, 7.5%). Compared with Q3 2025, it opened 2 new positions, sold out of 3, added to 8 and reduced 17. The biggest buy was a new position in Alphabet Class A (GOOGL) and the biggest sale Netflix (NFLX, shares −74%).
- Most Recent 13F
- Q2 2026
- Location
- ALEXANDRIA, VA
- CIK
- 0001844345
- Portfolio Value
- $86.1M (Q4 2025)
- SEC Filing
- 0001376474-26-000162 ↗ filed Feb 12, 2026
Holdings Value
Holdings 27 stocks · $86.1M
| MSFT Microsoft Corp. | 9.35% | 16,654 | $8.1M | Reduce -2.6% |
| AMZN Amazon.com Inc. | 8.43% | 31,465 | $7.3M | Reduce -14.7% |
| GOOGL Alphabet Inc. Class A | 7.50% | 20,635 | $6.5M | New |
| META Meta Platforms Inc. Class A | 5.20% | 6,780 | $4.5M | Add +16.2% |
| KRYS Krystal Biotech Inc. | 4.81% | 16,811 | $4.1M | Add +34.9% |
| NOW ServiceNow Inc. | 4.62% | 25,950 | $4.0M | Reduce -2.5% |
| AXON Axon Enterprise Inc. | 4.42% | 6,701 | $3.8M | Add +115.9% |
| CACI Caci International Inc. Class A | 3.88% | 6,265 | $3.3M | Reduce -8.6% |
| SHOP Shopify Inc. Class A | 3.79% | 20,291 | $3.3M | Reduce -23.1% |
| PRCT Procept Biorobotics Corp. | 3.69% | 100,910 | $3.2M | Add +34.5% |
| SE Sea Ltd.-ADR | 3.68% | 24,837 | $3.2M | Add +17.5% |
| TEAM Atlassian Corp. Class A | 3.43% | 18,207 | $3.0M | Reduce -2.2% |
| SNPS Synopsys Inc. | 3.16% | 5,787 | $2.7M | Reduce -2.6% |
| RBLX Roblox Corp. Class A | 3.14% | 33,399 | $2.7M | Reduce -2.4% |
| CLBT Cellebrite Di Ltd. | 3.13% | 149,644 | $2.7M | Add +897.6% |
| MELI MercadoLibre Inc. | 3.12% | 1,332 | $2.7M | Reduce -24.8% |
| ASND Ascendis Pharma A/S | 3.04% | 12,281 | $2.6M | Reduce -20.0% |
| VIK Viking Holdings Ltd. | 3.04% | 36,663 | $2.6M | Add +0.3% |
| RBRK Rubrik Inc. Class A | 2.98% | 33,572 | $2.6M | Reduce -2.1% |
| CYBR Cyberark Software Ltd./Israel | 2.94% | 5,684 | $2.5M | Reduce -30.5% |
| AFRM Affirm Holdings Inc. | 2.88% | 33,313 | $2.5M | Reduce -2.5% |
| TW Tradeweb Markets Inc. Class A | 2.79% | 22,343 | $2.4M | Add +81.5% |
| V Visa Inc. Class A | 2.07% | 5,087 | $1.8M | Reduce -2.7% |
| ISRG Intuitive Surgical Inc. | 1.95% | 2,968 | $1.7M | Reduce -2.6% |
| ZS Zscaler Inc. | 1.64% | 6,287 | $1.4M | Reduce -8.6% |
| NFLX Netflix Inc. | 1.08% | 9,935 | $932K | Reduce -73.8% |
| CWAN Clearwater Analytics HDS-A | 0.24% | 8,414 | $203K | New |
Portfolio Sells Q3 2025 → Q4 2025
| NFLX Netflix Inc. | Reduce -73.8% | 1.08% | −3.87 |
| HUBS HubSpot Inc. | Sold out | 0.00% | −2.98 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −2.12 |
| ARGX Argenx SE - ADR | Sold out | 0.00% | −2.09 |
| RBLX Roblox Corp. Class A | Reduce -2.4% | 3.14% | −2.03 |
| MELI MercadoLibre Inc. | Reduce -24.8% | 3.12% | −1.40 |
| CYBR Cyberark Software Ltd./Israel | Reduce -30.5% | 2.94% | −1.37 |
| NOW ServiceNow Inc. | Reduce -2.5% | 4.62% | −0.73 |
| ZS Zscaler Inc. | Reduce -8.6% | 1.64% | −0.61 |
| SHOP Shopify Inc. Class A | Reduce -23.1% | 3.79% | −0.48 |
| AMZN Amazon.com Inc. | Reduce -14.7% | 8.43% | −0.40 |
| MSFT Microsoft Corp. | Reduce -2.6% | 9.35% | −0.30 |
| ASND Ascendis Pharma A/S | Reduce -20.0% | 3.04% | −0.28 |
| RBRK Rubrik Inc. Class A | Reduce -2.1% | 2.98% | −0.09 |
| SNPS Synopsys Inc. | Reduce -2.6% | 3.16% | −0.04 |
| V Visa Inc. Class A | Reduce -2.7% | 2.07% | +0.13 |
| CACI Caci International Inc. Class A | Reduce -8.6% | 3.88% | +0.15 |
| AFRM Affirm Holdings Inc. | Reduce -2.5% | 2.88% | +0.16 |
| TEAM Atlassian Corp. Class A | Reduce -2.2% | 3.43% | +0.19 |
| ISRG Intuitive Surgical Inc. | Reduce -2.6% | 1.95% | +0.47 |
Portfolio Buys Q3 2025 → Q4 2025
| GOOGL Alphabet Inc. Class A | New | 7.50% | +7.50 |
| CLBT Cellebrite Di Ltd. | Add +897.6% | 3.13% | +2.83 |
| KRYS Krystal Biotech Inc. | Add +34.9% | 4.81% | +2.41 |
| AXON Axon Enterprise Inc. | Add +115.9% | 4.42% | +1.99 |
| TW Tradeweb Markets Inc. Class A | Add +81.5% | 2.79% | +1.30 |
| PRCT Procept Biorobotics Corp. | Add +34.5% | 3.69% | +0.77 |
| VIK Viking Holdings Ltd. | Add +0.3% | 3.04% | +0.56 |
| META Meta Platforms Inc. Class A | Add +16.2% | 5.20% | +0.53 |
| CWAN Clearwater Analytics HDS-A | New | 0.24% | +0.24 |
| SE Sea Ltd.-ADR | Add +17.5% | 3.68% | −0.44 |
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 |