Evolutionary Tree Capital Management
ALEXANDRIA, VAfiles as Evolutionary Tree Capital Management, LLC
$53m in 29 US stocks at the end of 30 June 2026. The top 10 are 54.6% of the money. It changed about 26.9% of the portfolio this quarter.
Value
$53m
Stocks
29
Top 10 share
54.6%
Turnover
26.9%
What changed this quarter
New
Bought for the first time this quarter.
- Seagate Technology HoldingsSTX5.4% of the fund
- SnowflakeSNOW4.2% of the fund
- CelesticaCLS3.9% of the fund
- Bloom EnergyBE3.1% of the fund
- SK TelecomSKM2.5% of the fund
- Arrowhead PharmaceuticalsARWR2.2% of the fund
- Intuitive SurgicalISRG1.6% of the fund
Added
Bought more of a stock they already held.
- Axon EnterpriseAXON7.3% of the fund+42%
- ShopifySHOP1.9% of the fund+21%
Cut
Sold some of their stake.
- AlphabetGOOGL8.0% of the fund-20%
- Amazon.comAMZN7.9% of the fund-11%
- Krystal BiotechKRYS5.8% of the fund-33%
- Cellebrite DICLBT4.2% of the fund-17%
- Micron TechnologyMU3.9% of the fund-76%
- Meta PlatformsMETA3.8% of the fund-26%
- BroadcomAVGO3.7% of the fund-20%
- Ascendis Pharma A/SASND3.0% of the fund-33%
- NetflixNFLX2.9% of the fund-21%
- Abbott LaboratoriesABT2.8% of the fund-7%
- MicrosoftMSFT2.8% of the fund-42%
- VisaV2.7% of the fund-21%
- Caci InternationalCACI2.4% of the fund-47%
- Viking HoldingsVIK2.4% of the fund-56%
- SeaSE2.2% of the fund-40%
- SamsaraIOT2.1% of the fund-18%
- RubrikRBRK2.1% of the fund-45%
- PROCEPT BioRoboticsPRCT2.0% of the fund-28%
- Affirm HoldingsAFRM1.5% of the fund-61%
- Tradeweb MarketsTW1.5% of the fund-53%
Sold out
Sold their entire stake.
- RobloxRBLX-100%
- Palo Alto NetworksPANW-100%
- MercadoLibreMELI-100%
- AeroVironmentAVAV-100%
Holdings
- SeaSE
- Share
- 2.2%
- Value
- $1m
- Shares
- 11,998
-40%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| AlphabetGOOGL | 8.0% | $4m | 11,824 | -20% |
| Amazon.comAMZN | 7.9% | $4m | 17,569 | -11% |
| Axon EnterpriseAXON | 7.3% | $4m | 6,927 | +42% |
| Krystal BiotechKRYS | 5.8% | $3m | 8,301 | -33% |
| Seagate Technology HoldingsSTX | 5.4% | $3m | 2,991 | New |
| SnowflakeSNOW | 4.2% | $2m | 8,853 | New |
| Cellebrite DICLBT | 4.2% | $2m | 152,051 | -17% |
| CelesticaCLS | 3.9% | $2m | 5,717 | New |
| Micron TechnologyMU | 3.9% | $2m | 1,785 | -76% |
| Meta PlatformsMETA | 3.8% | $2m | 3,620 | -26% |
| BroadcomAVGO | 3.7% | $2m | 5,221 | -20% |
| Bloom EnergyBE | 3.1% | $2m | 5,361 | New |
| Ascendis Pharma A/SASND | 3.0% | $2m | 6,049 | -33% |
| NetflixNFLX | 2.9% | $2m | 21,760 | -21% |
| Abbott LaboratoriesABT | 2.8% | $2m | 16,633 | -7% |
| MicrosoftMSFT | 2.8% | $1m | 3,939 | -42% |
| VisaV | 2.7% | $1m | 4,192 | -21% |
| SK TelecomSKM | 2.5% | $1m | 41,702 | New |
| Caci InternationalCACI | 2.4% | $1m | 2,756 | -47% |
| Viking HoldingsVIK | 2.4% | $1m | 12,007 | -56% |
| Arrowhead PharmaceuticalsARWR | 2.2% | $1m | 14,368 | New |
| SeaSE | 2.2% | $1m | 11,998 | -40% |
| SamsaraIOT | 2.1% | $1m | 34,736 | -18% |
| RubrikRBRK | 2.1% | $1m | 13,549 | -45% |
| PROCEPT BioRoboticsPRCT | 2.0% | $1m | 48,101 | -28% |
| ShopifySHOP | 1.9% | $997,476 | 8,736 | +21% |
| Intuitive SurgicalISRG | 1.6% | $870,919 | 2,190 | New |
| Affirm HoldingsAFRM | 1.5% | $776,438 | 9,521 | -61% |
| Tradeweb MarketsTW | 1.5% | $770,970 | 7,736 | -53% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 43.7% since 30 June 2025.
Where the money is
Technology34.3%
Health care17.6%
Media & telecom17.3%
Industrials15.2%
Retail & consumer7.9%
Financial services5.6%
Other2.2%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.