Evoke Pharma

EVOK • NASDAQ

Evoke Pharma is a drug manufacturers - specialty & generic company in the healthcare sector on NASDAQ, led by David A. Gonyer, with a market cap of $18.9M. As of Q3 2025, 38% of shares are held by 15 institutional investors, with MORGAN STANLEY as the largest holder at 10.23%.

Chief Executive OfficerDavid A. Gonyer

Market Cap$18.9M

Drug Manufacturers - Specialty & Generic

Healthcare

Employees4.0

Websiteevokepharma.com

Country

United States of America

Overview

Overview of institutional ownership in EVOK as of Q3 2025 with a market cap of $7.7M

All Institutions

Institutions: 15
Value Held: $2.9M
Shares Held: 590.7K
Avg Position: $195.8K
Median Position: $16.4K

Hedge Funds

Hedge Funds: 2
Value Held: $1.5M
Shares Held: 294.5K
Avg Position: $732.0K
Median Position: $732.0K

Ownership Breakdown

Institutional (non-HF)

19.02%

$1.5M

Hedge Funds

18.9%

$1.5M

Retail & Other

62.08%

$4.8M

Based on market cap of $7.7M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in EVOK as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$792.0K 0.00% of portfolio	10.23% 159.4K shares	Q4 2023 Held for 1y 11m	$1.65T
N Nantahala Capital Management, LLC Hedge Fund•Multi-Strategy	Daniel J. Mack Managing Partner	$736.3K 0.05% of portfolio	9.51% 148.2K shares	Q1 2024 Held for 1y 8m	$1.6B
Bleichroeder LP Hedge Fund•Value	Andrew Stephen Gundlach CCO	$727.6K 0.14% of portfolio	9.39% 146.4K shares	Q1 2024 Held for 1y 8m	$510.9M
National Wealth Management Group, LLC RIA/Wealth	Scott Richard Brown Managing Partner	$398.2K 0.15% of portfolio	5.14% 80.1K shares	Q3 2025 Held for 2 months	$264.9M
D DRW Securities, LLC Institution	-	$118.0K 0.01% of portfolio	1.52% 23.7K shares	Q3 2025 Held for 2 months	$1.9B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$93.2K 0.00% of portfolio	1.20% 18.8K shares	Q3 2025 Held for 2 months	$6.69T
T TWO SIGMA SECURITIES, LLC Institution	-	$51.9K 0.01% of portfolio	0.67% 10.4K shares	Q3 2025 Held for 2 months	$675.6M
A Advisor Group Holdings, Inc. Institution	-	$16.4K 0.00% of portfolio	0.19% 3.0K shares	Q3 2025 Held for 2 months	$71.0B
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution	-	$1.4K 0.00% of portfolio	0.02% 272.0 shares	Q3 2025 Held for 2 months	$149.83B
R ROYAL BANK OF CANADA Institution	-	$1.0K 0.00% of portfolio	0.01% 190.0 shares	Q3 2025 Held for 2 months	$542.04B

Net Capital Flow

Institutional buying and selling activity for EVOK in Q3 2025

Traded: +$1.8M
Buyers: 12
Sellers: 2
Total Bought: +$1.9M
Total Sold: −$33.8K
Avg Position: $172.8K

Biggest Buyers

Institution	Net Bought	Current Position
MORGAN STANLEY RIA/Wealth	+$791.7K +159.3K shares	$792.0K 159.4K shares
National Wealth Management Group, LLC RIA/Wealth	+$398.2K +80.1K shares	$398.2K 80.1K shares
Bleichroeder LP Hedge Fund•Value	+$385.9K +77.6K shares	$727.6K 146.4K shares
D DRW Securities, LLC Institution	+$118.0K +23.7K shares	$118.0K 23.7K shares
VANGUARD GROUP INC Institution	+$93.2K +18.8K shares	$93.2K 18.8K shares
T TWO SIGMA SECURITIES, LLC Institution	+$51.9K +10.4K shares	$51.9K 10.4K shares
A Advisor Group Holdings, Inc. Institution	+$16.4K +3.0K shares	$16.4K 3.0K shares
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution	+$1.4K +272.0 shares	$1.4K 272.0 shares
R ROYAL BANK OF CANADA Institution	+$1.0K +190.0 shares	$1.0K 190.0 shares
T Tower Research Capital LLC Institution	+$199.0 +-1.9K shares	$199.0 40.0 shares

Biggest Sellers

Institution	Net Sold	Current Position
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$33.0K −12.5K shares	Sold Off 0 shares
FMR LLC Institution	−$792.0 −301.0 shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 3
New Value: $517.6K
Exited Positions: 2
Exited Value: $33.8K

New Positions

Institution	Position Value
National Wealth Management Group, LLC RIA/Wealth	$398.2K 80.1K shares
D DRW Securities, LLC Institution	$118.0K 23.7K shares
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution	$1.4K 272.0 shares

Exited Positions

Institution	Previous Position
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$33.0K 12.5K shares
FMR LLC Institution	$792.0 301.0 shares

Options Activity

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

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
National Wealth Management Group, LLC RIA/Wealth	Scott Richard Brown Managing Partner	0.15% $398.2K	5.14% 80.1K shares	Q3 2025 Held for 2 months	$264.9M
Bleichroeder LP Hedge Fund•Value	Andrew Stephen Gundlach CCO	0.14% $727.6K	9.39% 146.4K shares	Q1 2024 Held for 1y 8m	$510.9M
N Nantahala Capital Management, LLC Hedge Fund•Multi-Strategy	Daniel J. Mack Managing Partner	0.05% $736.3K	9.51% 148.2K shares	Q1 2024 Held for 1y 8m	$1.6B
T TWO SIGMA SECURITIES, LLC Institution	-	0.01% $51.9K	0.67% 10.4K shares	Q3 2025 Held for 2 months	$675.6M
D DRW Securities, LLC Institution	-	0.01% $118.0K	1.52% 23.7K shares	Q3 2025 Held for 2 months	$1.9B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	0.00% $792.0K	10.23% 159.4K shares	Q4 2023 Held for 1y 11m	$1.65T
A Advisor Group Holdings, Inc. Institution	-	0.00% $16.4K	0.19% 3.0K shares	Q3 2025 Held for 2 months	$71.0B
S SBI Securities Co., Ltd. Institution	-	0.00% $378.0	0.00% 76.0 shares	Q4 2024 Held for 11 months	$3.9B
T Tower Research Capital LLC Institution	-	0.00% $199.0	0.00% 40.0 shares	Q4 2021 Held for 3y 11m	$3.6B
VANGUARD GROUP INC Institution	Salim Ramji CEO	0.00% $93.2K	1.20% 18.8K shares	Q3 2025 Held for 2 months	$6.69T

Hedge Fund Spotlight

Discover hedge funds investing in EVOK

Nantahala Capital Management, LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerDaniel J. Mack

Portfolio Value: $1.6B
Positions: 129
Last Reported: Q3 2025

Sector Allocation

Position in Evoke Pharma

Market Value: $736.3K
Shares Held: 148.2K
Portfolio Weight: 0.05%
Owned Since: 2024-Q1

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