Evolutionary Tree Capital Management, LLC Diversified Active

CIK: 0001844345 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 12, 2026

Total Value ($000): $86,118 (100.0% shares, 0.0% debt)

Holdings (27)

New Positions (2)

GOOGL ALPHABET INC 7.5%

Value ($000) $6,459 Shares 20,635 Est. Cost $285.60 Unrealized 0.0%

CWAN CLEARWATER ANALYTICS HLDGS I 0.2%

Value ($000) $203 Shares 8,414 Est. Cost $20.03 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	20,635	$6,459	7.5%	$285.60	0.0%	CAP STK CL A	02079K305
CWAN	CLEARWATER ANALYTICS HLDGS I	8,414	$203	0.2%	$20.03	0.0%	CL A	185123106

Increased Positions (9)

NFLX NETFLIX INC 1.1%

Value ($000) $932 (-79.5%) Shares 9,935 (+162.1%) Est. Cost $88.19 Unrealized +22.3%

CLBT CELLEBRITE DI LTD 3.1%

Value ($000) $2,698 (+870.7%) Shares 149,644 (+897.6%) Est. Cost $17.73 Unrealized +1.3%

KRYS KRYSTAL BIOTECH INC 4.8%

Value ($000) $4,145 (+88.4%) Shares 16,811 (+34.9%) Est. Cost $151.93 Unrealized +38.5%

AXON AXON ENTERPRISE INC 4.4%

Value ($000) $3,806 (+70.8%) Shares 6,701 (+115.9%) Est. Cost $405.04 Unrealized +53.2%

TW TRADEWEB MKTS INC 2.8%

Value ($000) $2,403 (+75.9%) Shares 22,343 (+81.5%) Est. Cost $119.03 Unrealized -9.8%

NOW SERVICENOW INC 4.6%

Value ($000) $3,975 (-18.9%) Shares 25,950 (+387.3%) Est. Cost $157.31 Unrealized +9.0%

SE SEA LTD 3.7%

Value ($000) $3,168 (-16.1%) Shares 24,837 (+17.5%) Est. Cost $167.33 Unrealized —

PRCT PROCEPT BIOROBOTICS CORP 3.7%

Value ($000) $3,175 (+18.6%) Shares 100,910 (+34.5%) Est. Cost $43.57 Unrealized -23.9%

META META PLATFORMS INC 5.2%

Value ($000) $4,475 (+4.5%) Shares 6,780 (+16.2%) Est. Cost $501.65 Unrealized +33.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NFLX	NETFLIX INC	9,935 (+162.1%)	$932 (-79.5%)	1.1%	$88.19	+22.3%	COM	64110L106
CLBT	CELLEBRITE DI LTD	149,644 (+897.6%)	$2,698 (+870.7%)	3.1%	$17.73	+1.3%	ORDINARY SHARES	M2197Q107
KRYS	KRYSTAL BIOTECH INC	16,811 (+34.9%)	$4,145 (+88.4%)	4.8%	$151.93	+38.5%	COM	501147102
AXON	AXON ENTERPRISE INC	6,701 (+115.9%)	$3,806 (+70.8%)	4.4%	$405.04	+53.2%	COM	05464C101
TW	TRADEWEB MKTS INC	22,343 (+81.5%)	$2,403 (+75.9%)	2.8%	$119.03	-9.8%	CL A	892672106
NOW	SERVICENOW INC	25,950 (+387.3%)	$3,975 (-18.9%)	4.6%	$157.31	+9.0%	COM	81762P102
SE	SEA LTD	24,837 (+17.5%)	$3,168 (-16.1%)	3.7%	$167.33	—	SPONSORD ADS	81141R100
PRCT	PROCEPT BIOROBOTICS CORP	100,910 (+34.5%)	$3,175 (+18.6%)	3.7%	$43.57	-23.9%	COM	74276L105
META	META PLATFORMS INC	6,780 (+16.2%)	$4,475 (+4.5%)	5.2%	$501.65	+33.0%	CL A	30303M102

Exited Positions (3)

HUBS HUBSPOT INC 3.2%

Value ($000) $2,734 Shares 5,845 Est. Cost $482.65 Unrealized -14.2%

UBER UBER TECHNOLOGIES INC 2.3%

Value ($000) $1,940 Shares 19,807 Est. Cost $32.45 Unrealized +177.5%

ARGX ARGENX SE 2.2%

Value ($000) $1,918 Shares 2,600 Est. Cost $357.64 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HUBS	HUBSPOT INC	5,845	$2,734	3.2%	$482.65	-14.2%	—	443573100
UBER	UBER TECHNOLOGIES INC	19,807	$1,940	2.3%	$32.45	+177.5%	—	90353T100
ARGX	ARGENX SE	2,600	$1,918	2.2%	$357.64	—	—	04016X101

Decreased Positions (15)

RBLX ROBLOX CORP 3.1%

Value ($000) $2,706 (-42.9%) Shares 33,399 (-2.4%) Est. Cost $50.32 Unrealized +111.0%

MELI MERCADOLIBRE INC 3.1%

Value ($000) $2,683 (-35.2%) Shares 1,332 (-24.8%) Est. Cost $1143.00 Unrealized +83.8%

— CYBERARK SOFTWARE LTD 2.9%

Value ($000) $2,535 (-35.9%) Shares 5,684 (-30.5%) Est. Cost $298.60 Unrealized —

AMZN AMAZON COM INC 8.4%

Value ($000) $7,263 (-10.3%) Shares 31,465 (-14.7%) Est. Cost $125.06 Unrealized +82.9%

MSFT MICROSOFT CORP 9.4%

Value ($000) $8,054 (-9.0%) Shares 16,654 (-2.6%) Est. Cost $273.00 Unrealized +83.4%

SHOP SHOPIFY INC 3.8%

Value ($000) $3,266 (-16.7%) Shares 20,291 (-23.1%) Est. Cost $66.58 Unrealized +141.2%

ZS ZSCALER INC 1.6%

Value ($000) $1,414 (-31.4%) Shares 6,287 (-8.6%) Est. Cost $208.72 Unrealized +35.2%

ASND ASCENDIS PHARMA A/S 3.0%

Value ($000) $2,619 (-14.1%) Shares 12,281 (-20.0%) Est. Cost $132.34 Unrealized —

ISRG INTUITIVE SURGICAL INC 2.0%

Value ($000) $1,681 (+23.4%) Shares 2,968 (-2.6%) Est. Cost $398.28 Unrealized +33.7%

RBRK RUBRIK INC. 3.0%

Value ($000) $2,568 (-9.0%) Shares 33,572 (-2.1%) Est. Cost $81.11 Unrealized -5.4%

SNPS SYNOPSYS INC 3.2%

Value ($000) $2,718 (-7.3%) Shares 5,787 (-2.6%) Est. Cost $485.80 Unrealized -8.6%

CACI CACI INTL INC 3.9%

Value ($000) $3,338 (-2.4%) Shares 6,265 (-8.6%) Est. Cost $385.40 Unrealized +46.6%

TEAM ATLASSIAN CORPORATION 3.4%

Value ($000) $2,952 (-0.7%) Shares 18,207 (-2.2%) Est. Cost $180.93 Unrealized -13.3%

AFRM AFFIRM HLDGS INC 2.9%

Value ($000) $2,479 (-0.7%) Shares 33,313 (-2.5%) Est. Cost $56.19 Unrealized +28.1%

V VISA INC 2.1%

Value ($000) $1,784 (-0.1%) Shares 5,087 (-2.7%) Est. Cost $202.29 Unrealized +68.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RBLX	ROBLOX CORP	33,399 (-2.4%)	$2,706 (-42.9%)	3.1%	$50.32	+111.0%	CL A	771049103
MELI	MERCADOLIBRE INC	1,332 (-24.8%)	$2,683 (-35.2%)	3.1%	$1143.00	+83.8%	COM	58733R102
—	CYBERARK SOFTWARE LTD	5,684 (-30.5%)	$2,535 (-35.9%)	2.9%	$298.60	—	SHS	M2682V108
AMZN	AMAZON COM INC	31,465 (-14.7%)	$7,263 (-10.3%)	8.4%	$125.06	+82.9%	COM	023135106
MSFT	MICROSOFT CORP	16,654 (-2.6%)	$8,054 (-9.0%)	9.4%	$273.00	+83.4%	COM	594918104
SHOP	SHOPIFY INC	20,291 (-23.1%)	$3,266 (-16.7%)	3.8%	$66.58	+141.2%	CL A SUB VTG SHS	82509L107
ZS	ZSCALER INC	6,287 (-8.6%)	$1,414 (-31.4%)	1.6%	$208.72	+35.2%	COM	98980G102
ASND	ASCENDIS PHARMA A/S	12,281 (-20.0%)	$2,619 (-14.1%)	3.0%	$132.34	—	SPONSORED ADR	04351P101
ISRG	INTUITIVE SURGICAL INC	2,968 (-2.6%)	$1,681 (+23.4%)	2.0%	$398.28	+33.7%	COM NEW	46120E602
RBRK	RUBRIK INC.	33,572 (-2.1%)	$2,568 (-9.0%)	3.0%	$81.11	-5.4%	CL A	781154109
SNPS	SYNOPSYS INC	5,787 (-2.6%)	$2,718 (-7.3%)	3.2%	$485.80	-8.6%	COM	871607107
CACI	CACI INTL INC	6,265 (-8.6%)	$3,338 (-2.4%)	3.9%	$385.40	+46.6%	CL A	127190304
TEAM	ATLASSIAN CORPORATION	18,207 (-2.2%)	$2,952 (-0.7%)	3.4%	$180.93	-13.3%	CL A	049468101
AFRM	AFFIRM HLDGS INC	33,313 (-2.5%)	$2,479 (-0.7%)	2.9%	$56.19	+28.1%	COM CL A	00827B106
V	VISA INC	5,087 (-2.7%)	$1,784 (-0.1%)	2.1%	$202.29	+68.3%	COM CL A	92826C839

Unchanged Positions (1)

VIK VIKING HOLDINGS LTD 3.0%

Value ($000) $2,618 Shares 36,663 Est. Cost $59.63 Unrealized +7.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VIK	VIKING HOLDINGS LTD	36,663	$2,618	3.0%	$59.63	+7.0%	ORD SHS	G93A5A101