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Evr Research LP

CIK:0001843019
Hedge Fund
$518M AUM
30 holdings
Richmond, VA, United States
Founded:2015
3 employees
Latest filing:Jun 30, 2025

EVR Research LP is a hedge fund and registered investment adviser based in Richmond, Virginia, founded in 2015. The firm was established by Benjamin Wolf Joffe and manages investment portfolios for institutional and high net worth clients. EVR Research focuses on fundamental research and portfolio management, serving a small base of clients as an independent firm.

Investment Strategy

EVR Research LP employs long-term equity strategies, aiming to deliver superior long-term absolute returns by investing in both long and short positions across US equities and equity derivatives. The firm focuses on fundamental bottom-up research to identify undervalued opportunities and concentrates allocations in high-conviction ideas while maintaining diversification through selective positions in ETFs and options. Portfolio turnover is moderate, with a dynamic approach that adjusts to changing market environments.

Latest 13F Filing Activity

Evr Research LP filed their most recent 13F report on Jun 30, 2025 disclosing 27 equity positions and 3 options positions with a total 13F market value of $230M. The fund increased holdings in Pros Holdings Inc., Goodyear Tire & Rubr Co., Ast Spacemobile Inc. among other positions. Evr Research LP reduced exposure to Couchbase Inc., Blue Bird Corp., Global PMTS Inc. among others.

Top Buys
P
PROPROS HOLDINGS INC
+$14.3M
G
GTGOODYEAR TIRE & RUBR CO
+$10.4M
A
ASTSAST SPACEMOBILE INC
+$8.8M
D
DANDANA INC
+$6.9M
G
GTESGATES INDL CORP PLC
+$6.4M
Top Sells
B
BASECOUCHBASE INC
-$40.2M
B
BLBDBLUE BIRD CORP
-$10.3M
G
GPNGLOBAL PMTS INC
-$8.8M
K
KMXCARMAX INC
-$7.0M
D
DGDOLLAR GEN CORP NEW
-$6.2M

Top Holdings

P
PROPROS HOLDINGS INC
+12.2%$28.2M
W
WKCWORLD KINECT CORPORATION
+7.1%$16.4M
A
ASTSAST SPACEMOBILE INC
+6.7%$15.4M
D
DANDANA INC
+6.6%$15.3M
T
TWITITAN INTL INC ILL
+6.2%$14.4M

Equity Positions (27)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
PROS HOLDINGS INC12.25%$28.2M1,800,000$17.00$15.66+$14.3M
WORLD KINECT CORPORATION7.14%$16.4M580,000$27.04$28.35-$3.7M
AST SPACEMOBILE INC6.70%$15.4M330,000$25.65$46.73+$8.8M
DANA INC6.63%$15.3M890,000$14.45$17.15+$6.9M
TITAN INTL INC ILL6.25%$14.4M1,400,000$8.79$10.27+$5.1M

Options Positions (3)

TickerSecurityActionTypeNotional ValueContractsUnderlying PricePremium PaidChange (Contracts)Change (Value)
ISHARES TRSold
Put
$32.4M1,500$215.79$199.49-1,000-$17.5M
PROS HOLDINGS INCNew
Call
$5.5M3,500$15.66$15.66+3,500+$5.5M
NEWELL BRANDS INCNew
Call
$1.4M2,500$5.40$5.40+2,500+$1.4M

Industry Allocation

SERVICES-COMPUTER PROGRAMMING SERVICES
+27.4%
MOTOR VEHICLE PARTS & ACCESSORIES
+13.5%
SERVICES-PREPACKAGED SOFTWARE
+9.6%
WHOLESALE-PETROLEUM & PETROLEUM PRODUCTS (NO BULK STATIONS)
+9.3%
TELEGRAPH & OTHER MESSAGE COMMUNICATIONS
+7.0%