EVHNYSEServices-Management ServicesFiscal year ends December 31
Evolent Health, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$4.48−0.09 (-1.97%)
Close on Oct 19, 2026
- Market cap
- $504.19M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
99.3%
112M of 113M shares
Institutional holders
199
38 new, 30 sold out
Net institutional buying
2M
In Q2 2026
Insider trades, 12 months
1 buys · 1 sales
Net sold $291.26K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Abigail P. Johnson | 9,416,813 | 8.00% | 13G (passive) amendment | Sep 30, 2025 |
| BlackRock, Inc. | 8,423,999 | 7.30% | 13G (passive) amendment | Dec 31, 2023 |
| Finny Kuruvilla, M.D. Ph. D. | 6,292,511 | 5.40% | 13G (passive) amendment | Sep 30, 2025 |
| BlackRock Portfolio Management LLC | 6,227,355 | 5.50% | 13G (passive) | Jun 30, 2026 |
| Rubicon OP GP II LP | 5,816,123 | 5.21% | 13G (passive) | Nov 13, 2025 |
| Cadian Capital Management GP, LLC | 10,794,606 | 9.30% | 13G (passive) | Mar 31, 2025 |
| Wellington Investment Advisors Holdings LLP | 10,436,495 | 9.00% | 13G (passive) amendment | Dec 31, 2024 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of EVH | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 14,814,851 | 13.10% | $80.30M | +3,925,979 | 0.00% |
| Cadian Capital Management, LP | 10,814,473 | 9.57% | $58.61M | – | 4.44% |
| Morgan Stanley | 8,969,012 | 7.93% | $48.61M | −112,067 | 0.00% |
| UBS Group AG | 6,245,283 | 5.52% | $33.85M | −1,905,078 | 0.00% |
| Rubicon Founders LLC | 5,816,123 | 5.14% | $31.52M | – | 16.05% |
| Engaged Capital LLC | 5,563,912 | 4.92% | $30.16M | – | 9.22% |
| D. E. Shaw & Co., Inc. | 5,107,561 | 4.52% | $27.68M | −326,471 | 0.01% |
| Vanguard Capital Management LLC | 4,787,994 | 4.23% | $25.95M | −79,409 | 0.00% |
| Marshall Wace, Llp | 3,413,245 | 3.02% | $18.50M | +2,628,233 | 0.01% |
| Nuveen, LLC | 3,132,085 | 2.77% | $16.98M | +2,866,943 | 0.00% |
| Geode Capital Management, LLC | 2,904,912 | 2.57% | $15.75M | +286,487 | 0.00% |
| Rock Springs Capital Management LP | 2,500,000 | 2.21% | $13.55M | −175,000 | 0.66% |
| State Street Corp | 2,460,431 | 2.18% | $13.34M | −185,967 | 0.00% |
| Charles Schwab Investment Management Inc | 2,131,573 | 1.89% | $11.55M | +182,127 | 0.00% |
| Goldman Sachs Group Inc | 1,745,852 | 1.54% | $9.46M | −490,754 | 0.00% |
| Rock Point Advisors, LLC | 1,719,886 | 1.52% | $9.32M | −66,795 | 2.28% |
| Jacobs Levy Equity Management, Inc | 1,601,638 | 1.42% | $8.68M | +991,536 | 0.03% |
| Kennedy Capital Management LLC | 1,567,816 | 1.39% | $8.50M | −29,799 | 0.15% |
| Vanguard Portfolio Management LLC | 1,347,822 | 1.19% | $7.31M | +416,944 | 0.00% |
| Healthcare Of Ontario Pension Plan Trust Fund | 1,276,800 | 1.13% | $6.92M | New | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 199 | 112M | 99.3% | 38 / 68 | 64 / 30 | 21M | 19M |
| Q1 2026 | 192 | 111M | 98.0% | 44 / 58 | 60 / 61 | 22M | 22M |
| Q4 2025 | 215 | 121M | 100.0% | 37 / 82 | 64 / 54 | 25M | 42M |
| Q3 2025 | 240 | 140M | 100.0% | 53 / 71 | 78 / 32 | 28M | 19M |
| Q2 2025 | 221 | 132M | 100.0% | 38 / 80 | 74 / 41 | 33M | 26M |
| Q1 2025 | 228 | 127M | 100.0% | 44 / 82 | 72 / 53 | 28M | 22M |
| Q4 2024 | 240 | 122M | 100.0% | 57 / 90 | 70 / 70 | 27M | 38M |
| Q3 2024 | 262 | 134M | 100.0% | 60 / 75 | 92 / 38 | 26M | 17M |
| Q2 2024 | 243 | 134M | 100.0% | 45 / 102 | 75 / 51 | 22M | 18M |
| Q1 2024 | 251 | 132M | 100.0% | 42 / 91 | 80 / 23 | 11M | 12M |
| Q4 2023 | 234 | 133M | 100.0% | 51 / 93 | 64 / 19 | 21M | 10M |
| Q3 2023 | 203 | 122M | 100.0% | 18 / 84 | 73 / 30 | 12M | 7M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of EVH | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 3,384,855 | 2.99% | $18.35M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 2,951,105 | 2.61% | $15.99M | 0.02% | Jun 30, 2026 |
| Nuveen Quant Small Cap Equity Fund | 1,411,850 | 1.25% | $4.36M | 0.11% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 1,300,081 | 1.15% | $7.05M | 0.01% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 1,251,592 | 1.11% | $3.87M | 0.01% | Jul 31, 2026 |
| Janus Henderson Small/Mid Cap Growth Alpha ETF | 814,328 | 0.72% | $2.52M | 0.24% | Jul 31, 2026 |
| BlackRock Advantage Small Cap Core Fund | 793,025 | 0.70% | $3.13M | 0.06% | May 29, 2026 |
| Schwab Fundamental U.S. Small Company ETF | 721,643 | 0.64% | $2.85M | 0.03% | May 31, 2026 |
| Nuveen Quant Small/Mid Cap Equity Fund | 708,200 | 0.63% | $2.19M | 0.08% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 688,032 | 0.61% | $3.73M | 0.03% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 596,022 | 0.53% | $2.35M | 0.01% | May 31, 2026 |
| College Retirement Equities Fund - Total Global Stock Account | 574,050 | 0.51% | $3.11M | 0.00% | Jun 30, 2026 |
| Vanguard Russell 2000 Index Fund | 572,001 | 0.51% | $2.26M | 0.01% | May 31, 2026 |
| Schwab U.S. Small-Cap ETF | 530,888 | 0.47% | $2.10M | 0.01% | May 31, 2026 |
| Vanguard U.S. Value Factor ETF | 384,676 | 0.34% | $1.52M | 0.18% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Seth Blackley | Chief Executive Officer, Director | 1,272,767 | 1.13% | Jul 6, 2026 |
| Daniel Joseph McCarthy | PRESIDENT | 655,133 | 0.58% | Aug 28, 2026 |
| Jonathan Weinberg | General Counsel | 287,567 | 0.25% | Jul 6, 2026 |
| Aammaad Shams | Chief Accounting Officer | 95,637 | 0.08% | Jul 6, 2026 |
| Mario Ramos | Chief Financial Officer | 0 | – | Mar 4, 2026 |
| John Paul Johnson | Chief Financial Officer | 309,245 | 0.27% | Jul 3, 2025 |
| Emily Ann Rafferty | Chief Operating Officer | 132,561 | 0.12% | Mar 4, 2025 |
| Brendan B. Springstubb | Director | 99,917 | 0.09% | Jun 8, 2026 |
| Russell Monroe Glass | Director | 83,393 | 0.07% | Jun 8, 2026 |
| Peter J. Grua | Director | 123,743 | 0.11% | Jun 8, 2026 |
| Craig A. Barbarosh | Director | 95,031 | 0.08% | Jun 8, 2026 |
| Shawn M. Guertin | Director | 63,075 | 0.06% | Jun 8, 2026 |
| Richard M. Jelinek | Director | 107,533 | 0.10% | Jun 8, 2026 |
| Kim Keck | Director | 102,597 | 0.09% | Jun 8, 2026 |
| Jill D. Smith | Director | 64,233 | 0.06% | Jun 8, 2026 |
| Toyin Ajayi | Director | 75,170 | 0.07% | Jun 8, 2026 |
| Cheryl Scott | Director | 73,476 | 0.06% | Jun 9, 2025 |
| Diane Holder | Director | 70,584 | 0.06% | Mar 10, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Daniel Joseph McCarthy PRESIDENT | Aug 26, 2026 | Sale(10b5-1 plan) | −65,892 | $5.00 | $329.46K | 655,133 |
| Daniel Joseph McCarthy PRESIDENT | Jul 1, 2026 | Award | +302,585 | – | – | 725,607 |
| Daniel Joseph McCarthy PRESIDENT | Jul 1, 2026 | Tax withholding | −4,582 | $5.74 | $26.30K | 721,025 |
| Seth Blackley Chief Executive Officer, Director | Jul 1, 2026 | Tax withholding | −10,297 | $5.74 | $59.10K | 1,272,767 |
| Seth Blackley Chief Executive Officer, Director | Jul 1, 2026 | Award | +446,102 | – | – | 1,283,064 |
| Aammaad Shams Chief Accounting Officer | Jul 1, 2026 | Award | +28,790 | – | – | 95,637 |
| Jonathan Weinberg General Counsel | Jul 1, 2026 | Award | +43,055 | – | – | 287,567 |
| Jonathan Weinberg General Counsel | Jul 1, 2026 | Tax withholding | −2,650 | $5.74 | $15.21K | 284,917 |
| Craig A. Barbarosh Director | Jun 4, 2026 | Award | +41,096 | – | – | 95,031 |
| Richard M. Jelinek Director | Jun 4, 2026 | Award | +41,096 | – | – | 77,533 |
| Brendan B. Springstubb Director | Jun 4, 2026 | Award | +41,096 | – | – | 99,917 |
| Toyin Ajayi Director | Jun 4, 2026 | Award | +41,096 | – | – | 75,170 |
| Jill D. Smith Director | Jun 4, 2026 | Award | +41,096 | – | – | 64,233 |
| Shawn M. Guertin Director | Jun 4, 2026 | Award | +41,096 | – | – | 63,075 |
| Kim Keck Director | Jun 4, 2026 | Award | +41,096 | – | – | 102,597 |
| Peter J. Grua Director | Jun 4, 2026 | Award | +41,096 | – | – | 63,075 |
| Russell Monroe Glass Director | Jun 4, 2026 | Award | +41,096 | – | – | 77,347 |
| Aammaad Shams Chief Accounting Officer | Mar 3, 2026 | Tax withholding | −4,311 | $3.51 | $15.13K | 66,847 |
| Jonathan Weinberg General Counsel | Mar 3, 2026 | Tax withholding | −8,275 | $3.51 | $29.05K | 244,512 |
| Daniel Joseph McCarthy PRESIDENT | Mar 3, 2026 | Tax withholding | −24,027 | $3.51 | $84.33K | 423,022 |
| Seth Blackley Chief Executive Officer, Director | Mar 3, 2026 | Tax withholding | −24,053 | $3.51 | $84.43K | 836,962 |
| Aammaad Shams Chief Accounting Officer | Mar 2, 2026 | Tax withholding | −850 | $3.58 | $3.04K | 71,158 |
| Aammaad Shams Chief Accounting Officer | Mar 2, 2026 | Award | +1,686 | – | – | 72,008 |
| Jonathan Weinberg General Counsel | Mar 2, 2026 | Award | +4,910 | – | – | 254,683 |
| Jonathan Weinberg General Counsel | Mar 2, 2026 | Tax withholding | −1,896 | $3.58 | $6.79K | 252,787 |
| Daniel Joseph McCarthy PRESIDENT | Mar 2, 2026 | Tax withholding | −18,192 | $3.58 | $65.13K | 447,049 |
| Daniel Joseph McCarthy PRESIDENT | Mar 2, 2026 | Award | +39,281 | – | – | 465,241 |
| Seth Blackley Chief Executive Officer, Director | Mar 2, 2026 | Tax withholding | −17,736 | $3.58 | $63.49K | 861,015 |
| Seth Blackley Chief Executive Officer, Director | Mar 2, 2026 | Award | +58,921 | – | – | 878,751 |
| Aammaad Shams Chief Accounting Officer | Mar 1, 2026 | Tax withholding | −2,577 | $3.25 | $8.38K | 70,322 |
| Jonathan Weinberg General Counsel | Mar 1, 2026 | Tax withholding | −4,406 | $3.25 | $14.32K | 249,773 |
| Daniel Joseph McCarthy PRESIDENT | Mar 1, 2026 | Tax withholding | −7,811 | $3.25 | $25.39K | 425,960 |
| Seth Blackley Chief Executive Officer, Director | Mar 1, 2026 | Tax withholding | −9,537 | $3.25 | $31.00K | 819,830 |
| Jill D. Smith Director | Jan 2, 2026 | Award | +23,137 | – | – | 23,137 |
| Mario Ramos Chief Financial Officer | Jan 2, 2026 | Award | +587,500 | – | – | 587,500 |
| Brendan B. Springstubb Director | Nov 18, 2025 | Buy | +10,000 | $3.82 | $38.20K | 58,821 |
| Aammaad Shams Chief Accounting Officer | Aug 1, 2025 | Tax withholding | −2,567 | $9.98 | $25.62K | 72,899 |
| Jonathan Weinberg General Counsel | Jul 1, 2025 | Award | +23,394 | – | – | 254,179 |
| Daniel Joseph McCarthy PRESIDENT | Jul 1, 2025 | Award | +44,767 | – | – | 433,771 |
| Seth Blackley Chief Executive Officer, Director | Jul 1, 2025 | Award | +67,150 | – | – | 829,367 |
| John Paul Johnson Chief Financial Officer | Jul 1, 2025 | Award | +25,461 | – | – | 309,245 |
| Kim Keck Director | Jun 5, 2025 | Award | +21,979 | – | – | 61,501 |
| Shawn M. Guertin Director | Jun 5, 2025 | Award | +21,979 | – | – | 21,979 |
| Richard M. Jelinek Director | Jun 5, 2025 | Award | +21,979 | – | – | 36,437 |
| Brendan B. Springstubb Director | Jun 5, 2025 | Award | +21,979 | – | – | 48,821 |
| Russell Monroe Glass Director | Jun 5, 2025 | Award | +21,979 | – | – | 36,251 |
| Peter J. Grua Director | Jun 5, 2025 | Award | +21,979 | – | – | 40,728 |
| Toyin Ajayi Director | Jun 5, 2025 | Award | +21,979 | – | – | 34,074 |
| Cheryl Scott Director | Jun 5, 2025 | Award | +21,979 | – | – | 73,476 |
| Craig A. Barbarosh Director | Jun 5, 2025 | Award | +21,979 | – | – | 53,935 |
| Kim Keck Director | Mar 7, 2025 | Buy | +10,540 | $9.44 | $99.50K | 39,522 |
| Brendan B. Springstubb Director | Mar 7, 2025 | Buy | +15,000 | $9.27 | $139.05K | 26,842 |
| Richard M. Jelinek Director | Mar 7, 2025 | Buy | +15,000 | $9.16 | $137.40K | 15,000 |
| Richard M. Jelinek Director | Mar 7, 2025 | Buy | +15,000 | $9.09 | $136.35K | 15,000 |
| Peter J. Grua Director | Mar 6, 2025 | Buy | +11,040 | $9.01 | $99.47K | 18,749 |
| Russell Monroe Glass Director | Mar 6, 2025 | Buy | +5,400 | $9.27 | $50.06K | 14,272 |
| Daniel Joseph McCarthy PRESIDENT | Mar 6, 2025 | Buy | +11,040 | $9.01 | $99.47K | 389,004 |
| Seth Blackley Chief Executive Officer, Director | Mar 6, 2025 | Buy | +55,225 | $9.01 | $497.58K | 762,217 |
| Diane Holder Director | Mar 6, 2025 | Buy | +2,735 | $9.33 | $25.52K | 70,584 |
| Craig A. Barbarosh Director | Mar 6, 2025 | Buy | +2,000 | $8.81 | $17.62K | 31,956 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| McCarthy Daniel Officer | Aug 26, 2026 | 65,892 | $327.48K | Aug 26, 2026 | Stock plan activity |
| Mary Bridget Duffy Director | Feb 25, 2025 | 9,151 | $93.94K | Feb 25, 2025 | Stock plan activity |
| Daniel Joseph McCarthy Officer | Aug 23, 2024 | 34,162 | $1.11M | Aug 22, 2024 | Stock plan activity |
| Emily Ann Rafferty Officer | Aug 22, 2024 | 8,861 | $265.56K | Aug 22, 2024 | Stock Plan Activity |
| Jonathan Weinberg Officer | Aug 22, 2024 | 42,140 | $1.31M | Aug 22, 2024 | Stock Plan Activity |
| Seth Blackley Officer | Aug 22, 2024 | 187,904 | $5.63M | Aug 22, 2024 | Stock Plan Activity |
| John Paul Johnson Officer | Aug 22, 2024 | 44,693 | $1.34M | Aug 22, 2024 | Stock Plan Activity |
| Seth Blackley Officer | Dec 5, 2023 | 141,000 | $3.73M | Dec 5, 2023 | Stock Plan Vest |
| Daniel Joseph McCarthy Officer | Nov 15, 2023 | 11,000 | $329.45K | Nov 15, 2023 | Stock Plan Activity |
| Steve Tutewohl Officer | Oct 10, 2023 | 24,090 | $674.97K | Oct 10, 2023 | Stock Plan Activity |
| Emily Ann Rafferty Officer | Aug 15, 2023 | 7,900 | $218.93K | Aug 15, 2023 | Grant |
| Upmc 10% Stockholder | Aug 9, 2023 | 1,010,549 | $29.19M | Aug 9, 2023 | Private Investment as Founding Stockholder |
| Frank J. Williams Officer | Jul 3, 2023 | 330,000 | $9.90M | Jul 3, 2023 | Stock Plan Activity |
| Seth Blackley Officer | Jun 15, 2023 | 111,040 | $3.37M | Jun 15, 2023 | Stock Plan Activity |
| Cheryl Scott Officer | Jun 14, 2023 | 2,365 | $70.86K | Jun 14, 2023 | Stock Plan Activity |