Billionaire Loads Up on Evolution Shares

Kenneth Bryan Dart filed on August 26, disclosing he bought over 10 million shares of EVO — Evolution AB — across two trades in July. The combined value: roughly $716 million.

The first purchase on July 21 totalled 8 million shares worth $569 million. A second tranche of 2 million shares, worth $147 million, followed three days later. Dart is already the company's main shareholder. This is not a new position — it is a deepening one, now at a substantial scale.

Evolution is the world's leading live-casino gaming supplier. Dart has been buying repeatedly since at least 2024, when he invested over $1 billion in a single transaction.

Elsewhere, NVDA director Mark Stevens filed in early September showing a sale of 447,400 shares on August 31, worth nearly $98.5 million. Stevens is an independent director, not an executive. NVIDIA did not disclose whether the sale was under a 10b5-1 plan — a pre-arranged schedule that would weaken the signal significantly.

Indian EV maker Ather Energy saw Singapore-based investor Caladium Investment file a $204 million sale in early September, cutting its 5% stake. That came just months after the company's IPO.

JPMorgan trimmed its 10%-plus position in Zijin Mining by $203 million on August 28. Institutional stake changes at this level are as-last-disclosed disclosures and may not reflect current holdings.

The Dart purchases at Evolution stand out as the most deliberate signal of the period — a repeat buyer adding hundreds of millions at market prices.