Evolution Petroleum

EPM • AMEX

Evolution Petroleum is a oil & gas exploration & production company in the energy sector on AMEX, led by Kelly W. Loyd, with a market cap of $141.9M. As of Q3 2025, 58% of shares are held by 113 institutional investors, with BlackRock, Inc. as the largest holder at 7.11%.

Interim President and Chief Executive OfficerKelly W. Loyd

Market Cap$141.9M

Oil & Gas Exploration & Production

Energy

Employees11.0

Websiteevolutionpetroleum.com

Country

United States of America

Overview

Overview of institutional ownership in EPM as of Q3 2025 with a market cap of $165.6M

All Institutions

Institutions: 113
Value Held: $95.9M
Shares Held: 19.9M
Avg Position: $849.0K
Median Position: $87.9K

Hedge Funds

Hedge Funds: 4
Value Held: $5.8M
Shares Held: 1.2M
Avg Position: $1.4M
Median Position: $285.0K

Ownership Breakdown

Institutional (non-HF)

54.45%

$90.2M

Hedge Funds

3.48%

$5.8M

Retail & Other

42.07%

$69.7M

Based on market cap of $165.6M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in EPM as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$11.8M 0.00% of portfolio	7.11% 2.4M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
W WealthTrust Axiom LLC Institution	-	$8.6M 2.30% of portfolio	5.19% 1.8M shares	≤ Q2 2013 Held for 12y 5m+	$373.3M
VANGUARD GROUP INC Institution	Salim Ramji CEO	$7.7M 0.00% of portfolio	4.66% 1.6M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$6.9M 0.00% of portfolio	4.17% 1.4M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
River Road Asset Management, LLC Long Only Manager	Richard Andrew Beck CEO	$6.2M 0.07% of portfolio	3.77% 1.3M shares	≤ Q2 2013 Held for 12y 5m+	$8.9B
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$5.1M 0.01% of portfolio	3.09% 1.1M shares	≤ Q2 2013 Held for 12y 5m+	$75.8B
A AMERICAN CENTURY COMPANIES INC Institution	-	$4.7M 0.00% of portfolio	2.85% 977.7K shares	Q1 2020 Held for 5y 8m	$195.93B
Ranger Investment Management, L.P. Long Only Manager	Andrew Ferguson Hill President	$4.5M 0.32% of portfolio	2.75% 943.8K shares	Q2 2022 Held for 3y 5m	$1.4B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$3.5M 0.00% of portfolio	2.12% 727.6K shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$3.4M 0.00% of portfolio	2.02% 695.7K shares	≤ Q2 2013 Held for 12y 5m+	$2.88T

Net Capital Flow

Institutional buying and selling activity for EPM in Q3 2025

Traded: +$2.4M
Buyers: 57
Sellers: 41
Total Bought: +$5.7M
Total Sold: −$3.3M
Avg Position: $799.5K

Biggest Buyers

Institution	Net Bought	Current Position
O'SHAUGHNESSY ASSET MANAGEMENT, LLC Long Only Manager	+$1.1M +223.9K shares	$1.1M 223.9K shares
Comprehensive Portfolio Management, LLC RIA/Wealth	+$655.1K +135.9K shares	$655.1K 135.9K shares
A AMERICAN CENTURY COMPANIES INC Institution	+$588.9K +122.2K shares	$4.7M 977.7K shares
UBS Group AG Institution	+$426.9K +88.6K shares	$2.3M 469.7K shares
R ROYAL BANK OF CANADA Institution	+$350.9K +72.8K shares	$586.6K 121.7K shares
CWA Asset Management Group, LLC RIA/Wealth	+$302.2K +62.7K shares	$2.3M 470.5K shares
MORGAN STANLEY RIA/Wealth	+$233.6K +48.5K shares	$3.1M 641.1K shares
Michels Family Financial, LLC RIA/Wealth	+$223.2K +46.3K shares	$223.2K 46.3K shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	+$213.3K +44.3K shares	$411.5K 85.4K shares
GOLDMAN SACHS GROUP INC Institution	+$200.6K +41.6K shares	$509.3K 105.7K shares

Biggest Sellers

Institution	Net Sold	Current Position
Ranger Investment Management, L.P. Long Only Manager	−$976.2K −202.5K shares	$4.5M 943.8K shares
North Star Investment Management Corp. RIA/Wealth	−$711.2K −147.6K shares	$3.3M 681.0K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$325.8K −69.3K shares	Sold Off 0 shares
B BlackRock, Inc. Institution	−$242.1K −50.2K shares	$11.8M 2.4M shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	−$158.2K −32.8K shares	$6.9M 1.4M shares
O OXFORD ASSET MANAGEMENT Institution	−$127.1K −27.1K shares	Sold Off 0 shares
ALGERT COLDIRON INVESTORS LLC Hedge Fund•Quant	−$104.2K −22.2K shares	Sold Off 0 shares
C Campbell & CO Investment Adviser LLC Hedge Fund•Quant Macro	−$72.8K −15.5K shares	Sold Off 0 shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$62.2K −12.9K shares	$5.1M 1.1M shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	−$61.1K −12.7K shares	$180.5K 37.5K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited EPM in Q3 2025

New Positions: 7
New Value: $499.7K
Exited Positions: 7
Exited Value: $633.2K

New Positions

Institution	Position Value
Michels Family Financial, LLC RIA/Wealth	$223.2K 46.3K shares
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	$87.9K 18.2K shares
Kathmere Capital Management, LLC RIA/Wealth	$59.9K 12.4K shares
Regent Peak Wealth Advisors LLC RIA/Wealth	$57.0K 11.8K shares
FRANKLIN RESOURCES INC Institution	$52.8K 11.0K shares
W WHITE BAY PT LLC Institution	$18.8K 3.9K shares
Hartland & Co., LLC RIA/Wealth	$5.0 1.0 shares

Exited Positions

Institution	Previous Position
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$325.8K 69.3K shares
O OXFORD ASSET MANAGEMENT Institution	$127.1K 27.1K shares
ALGERT COLDIRON INVESTORS LLC Hedge Fund•Quant	$104.2K 22.2K shares
C Campbell & CO Investment Adviser LLC Hedge Fund•Quant Macro	$72.8K 15.5K shares
Park Square Financial Group, LLC RIA/Wealth	$2.4K 500.0 shares
FIRST FINANCIAL HOLDINGS, INC. Institution	$997.0 212.0 shares
C Covestor Ltd Institution	- 3.0 shares

Options Activity

Institutions with the largest Call and Put options positions in EPM as of Q3 2025

Call Positions: 2
Call Value: $179.8K
Put Positions: 2
Put Value: -

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$179.8K 373.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	- - contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	- - contracts

Most Committed Institutions

Institutions with EPM as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
W WealthTrust Axiom LLC Institution	-	2.30% $8.6M	5.19% 1.8M shares	≤ Q2 2013 Held for 12y 5m+	$373.3M
Register Financial Advisors LLC RIA/Wealth	George Robert Register CEO	0.60% $1.5M	0.92% 317.2K shares	Q4 2022 Held for 2y 11m	$254.0M
PERRITT CAPITAL MANAGEMENT INC Long Only Manager	Mark J Buh President	0.40% $849.8K	0.51% 176.3K shares	Q2 2019 Held for 6y 5m	$211.0M
Ranger Investment Management, L.P. Long Only Manager	Andrew Ferguson Hill President	0.32% $4.5M	2.75% 943.8K shares	Q2 2022 Held for 3y 5m	$1.4B
BARD ASSOCIATES INC RIA/Wealth	Timothy Bard Johnson Founder	0.22% $824.4K	0.50% 171.0K shares	≤ Q2 2013 Held for 12y 5m+	$376.6M
North Star Investment Management Corp. RIA/Wealth	Peter David Gottlieb President	0.21% $3.3M	1.98% 681.0K shares	Q1 2020 Held for 5y 8m	$1.6B
Michels Family Financial, LLC RIA/Wealth	Nicholas Eugene Michels Managing Partner	0.17% $223.2K	0.13% 46.3K shares	Q3 2025 Held for 2 months	$128.4M
CERTIOR FINANCIAL GROUP, LLC RIA/Wealth	Avi No Middle Name Kantor Managing Partner	0.09% $131.6K	0.08% 27.3K shares	Q4 2024 Held for 11 months	$144.5M
CWA Asset Management Group, LLC RIA/Wealth	William Nick Beynon Managing Partner	0.09% $2.3M	1.37% 470.5K shares	Q3 2024 Held for 1y 2m	$2.7B
River Road Asset Management, LLC Long Only Manager	Richard Andrew Beck CEO	0.07% $6.2M	3.77% 1.3M shares	≤ Q2 2013 Held for 12y 5m+	$8.9B

Hedge Fund Spotlight

Discover hedge funds investing in EPM

AQR CAPITAL MANAGEMENT LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerDavid Gary Kabiller

Portfolio Value: $156.17B
Positions: 3,453
Last Reported: Q3 2025

Sector Allocation

Position in Evolution Petroleum

Market Value: $158.4K
Shares Held: 32.9K
Portfolio Weight: 0.00%
Owned Since: 2025-Q1

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