Evo Fund Cuts Stake in ANA Holdings (3189) to 8.48% | Large Shareholding Report

A large shareholding report (EDINET filing) shows that Evo Fund has reduced its stake in ANAP Holdings (3189) to 8.48%. The company is a fashion retailer focused on women's casual apparel for customers in their teens and twenties, operating primarily through the ANAP brand as well as imported clothing sales and e-commerce business. This shareholding level positions Evo Fund as a significant shareholder holding a substantial portion of the company's market capitalization.

Evo Fund, an event-driven investment fund affiliated with Evolution Japan, has substantially reduced its stake by 37.67 percentage points from its previous disclosure. The estimated sale proceeds total approximately ¥3.65 billion, with the company's share price standing at ¥215 at the time of the filing on March 25, 2026.

The significant reduction in shareholding represents a notable portfolio adjustment by the event-driven fund.