Evolution Capital Management LLC

Adviser

CIK

1388294

Location

CRYSTAL BAY, NV

Portfolio Value

Micro $28,524,646

Diversification

Diversified

Filing Date

Global Rank

#6,900 / 7,091 ▼ 635 · as of Dec 2022

Top Industry

Internet Retail 53.3%

Period ended 3 years ago

Filed Feb 13, 2023 · 3y

5 quarters · since Dec 2021

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Adviser

Schedule 13D, Sep 30, 2026

Portfolio style

Measured from the filed 13F common-share book for Dec 31, 2022, never from the firm's own description.

Style

Concentrated

The top 10 positions are 72.7% of the book (60%+)

Turnover

High turnover

105.2% over the last four quarters (100%+)

Horizon

Short horizon

Value-weighted holding period 2.9 quarters (under 4)

Closest benchmark: every 13F filer's combined book, active share 98.5%; sector active share 62.3% against the combined 13F book's sector weights.

Over time 5 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

37 tracked positions · as of Dec 31, 2022 · Δ vs Sep 30, 2022

Top Position

19.7%

−33.2 pts

Top 5

55.3%

−19.0 pts

Top 10

72.7%

−14.0 pts

HHI

827

Diversified−2,136

Portfolio Trend

5 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2022

Sector	% Portfolio	Value	Positions
Unclassified	40.3%	$11,498,938	23
Consumer Cyclical	39.0%	$11,131,189	3
Communication Services	10.0%	$2,860,459	3
Financial Services	5.6%	$1,591,856	4
Technology	2.8%	$801,602	1
Basic Materials	1.7%	$487,935	1
Consumer Defensive	0.5%	$152,667	2

Last Quarter's Activity

Export CSV

Dec 31, 2022 vs Sep 30, 2022

Added To

Positions the filer increased

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
—		+100,000	160,000	$678,400
No positions match the current search.

Trimmed

Positions the filer reduced

4 positions

Ticker	Company	Δ Shares	Shares	Value
BABA	Alibaba Group Holding Ltd	−164,100	63,754	$5,616,089
TCOM	Trip.com Group Ltd	−55,026	59,974	$2,063,105
NTES	NetEase, Inc.	−21,660	8,340	$605,734
JD	JD.com, Inc.	−1,925	61,500	$3,451,995
No positions match the current search.

New Positions

Positions the filer opened this quarter

9 positions

Ticker	Company	Shares	Value
BILI	Bilibili Inc.	65,000	$1,539,850
GDS	GDS Holdings Ltd	38,875	$801,602
BIDU	Baidu, Inc.	6,250	$714,875
AMBR	Amber International Holding Ltd	176,086	$677,931
KBE	State Street(R) SPDR(R) S&P(R) Bank ETF	15,000	$677,250
ALB	Albemarle Corp	2,250	$487,935
WFC	Wells Fargo & Company	10,000	$412,900
BAC	Bank Of America Corp	7,500	$248,400
LSF	Laird Superfood, Inc.	150,000	$126,000
No positions match the current search.

Sold Out

Positions the filer fully exited

17 positions

Ticker	Company	Shares	Value
—		73,000	$5,427,000
YUMC	Yum China Holdings, Inc.	43,335	$2,051,045
ZTO	ZTO Express (Cayman) Inc.	45,005	$1,081,470
ONC	BeOne Medicines Ltd.	6,143	$828,199
—		70,000	$687,000
—		50,000	$498,000
—		27,500	$274,000
—		25,000	$250,000
—		25,000	$246,000
—		20,000	$196,000
—		15,000	$148,000
—		15,000	$148,000
—		20,000	$130,000
—		30,000	$120,000
—		10,000	$100,000
—		10,000	$98,000
BW	Babcock & Wilcox Enterprises, Inc.	10,000	$63,800
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

37 tracked positions · $28,524,646 total · filing declares 46 positions · $28,960,503 · as of Dec 31, 2022

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Financial Services Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Reduced	63,754	-378,600	$5,616,089	−84.1%	3	$97.60	19.69%
JD	JD.com, Inc. Consumer Cyclical	Reduced	61,500	-1,925	$3,451,995	+8.2%	2	$59.23	12.10%
		Held	262,000	0	$2,634,410	+2.3%	4	unpriced	9.24%
TCOM	Trip.com Group Ltd Consumer Cyclical	Reduced	59,974	-55,026	$2,063,105	−34.3%	2	$26.19	7.23%
		Held	200,000	0	$2,008,000	+3.2%	4	unpriced	7.04%
BILI	Bilibili Inc. Communication Services	NEW	65,000	NEW	$1,539,850	NEW	1	$15.91	5.40%
		Held	100,000	0	$1,008,000	+2.4%	4	unpriced	3.53%
		Held	90,000	0	$909,000	+1.7%	5	before history	3.19%
GDS	GDS Holdings Ltd Technology	NEW	38,875	NEW	$801,602	NEW	1	$15.30	2.81%
BIDU	Baidu, Inc. Communication Services	NEW	6,250	NEW	$714,875	NEW	1	$102.04	2.51%
		Added	160,000	+100,000	$678,400	+93.8%	3	unpriced	2.38%
AMBR	Amber International Holding Ltd Financial Services	NEW	176,086	NEW	$677,931	NEW	1	unpriced	2.38%
KBE	State Street(R) SPDR(R) S&P(R) Bank ETF	NEW	15,000	NEW	$677,250	NEW	1	unpriced	2.37%
NTES	NetEase, Inc. Communication Services	Reduced	8,340	-21,660	$605,734	−73.3%	2	$87.98	2.12%
		Held	50,000	0	$502,750	+2.2%	5	before history	1.76%
ALB	Albemarle Corp Basic Materials	NEW	2,250	NEW	$487,935	NEW	1	$266.55	1.71%
		Held	45,000	0	$449,100	+1.8%	5	before history	1.57%
WFC	Wells Fargo & Company Financial Services	NEW	10,000	NEW	$412,900	NEW	1	$44.26	1.45%
		Held	26,000	0	$261,820	+1.5%	5	before history	0.92%
		Held	25,690	0	$258,698	+1.5%	5	before history	0.91%
JWSMF	Jaws Mustang Acquisition Corp Financial Services	Held	25,000	0	$252,625	+1.7%	5	before history	0.89%
		Held	25,000	0	$252,500	+1.4%	5	before history	0.89%
		Held	25,000	0	$248,875	+1.6%	5	before history	0.87%
BAC	Bank Of America Corp Financial Services	NEW	7,500	NEW	$248,400	NEW	1	$34.44	0.87%
		Held	20,000	0	$202,400	+1.7%	5	before history	0.71%
		Held	20,000	0	$202,200	+2.1%	5	before history	0.71%
		Held	20,000	0	$202,100	+2.1%	5	before history	0.71%
		Held	15,000	0	$151,350	+1.6%	5	before history	0.53%
		Held	15,000	0	$150,525	+2.4%	5	before history	0.53%
		Held	15,000	0	$150,300	+1.6%	5	before history	0.53%
		Held	15,000	0	$147,750	+0.5%	5	before history	0.52%
LSF	Laird Superfood, Inc. Consumer Defensive	NEW	150,000	NEW	$126,000	NEW	1	$1.44	0.44%
		Held	10,000	0	$101,210	+2.2%	5	before history	0.35%
		Held	10,000	0	$101,000	+1.0%	5	before history	0.35%
		Held	10,000	0	$100,700	+1.7%	5	before history	0.35%
		Held	10,000	0	$100,600	+2.7%	5	before history	0.35%
PRENW	Prenetics Global Ltd Consumer Defensive	Held	166,666	0	$26,667	−60.8%	3	unpriced	0.09%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.