Electrovaya Inc. - COMMON STOCK (ELVA) Institutional Ownership

13F Institutional Holders and Ownership History from Q3 2023 to Q4 2025

Type / Class
Equity / COMMON STOCK
Symbol
ELVA on Nasdaq
Shares outstanding
47,647,039
Price per share
$10.56
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
10,906,747
Total reported value
$86,060,464
% of total 13F portfolios
0%
Share change
+5,293,312
Value change
+$43,921,861
Number of holders
58
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Electrovaya Inc. - COMMON STOCK (ELVA) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
FMR LLC 10% +77% $38,393,984 +$17,187,516 4,859,998 +81% FMR LLC 30 Jan 2026
Polar Asset Management Partners Inc. 4.8% -12% $5,144,705 -$595,940 1,941,398 -10% Polar Asset Management Partners Inc. 31 Mar 2025
LYTTON LAURENCE W 4.7% -25% $7,272,871 -$2,085,002 1,898,922 -22% Lytton, Laurence W. 30 Jun 2025
HIRSCHMAN ORIN 1.3% -83% $3,134,069 -$11,679,864 532,100 -79% Orin Hirschman 30 Sep 2025

As of 31 Dec 2025, 58 institutional investors reported holding 10,906,747 shares of Electrovaya Inc. - COMMON STOCK (ELVA). This represents 23% of the company’s total 47,647,039 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Electrovaya Inc. - COMMON STOCK (ELVA) together control 21% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
FMR LLC 5.6% 2,684,363 0% $21,206,467
HERALD INVESTMENT MANAGEMENT Ltd 3% 1,440,000 +14% 1.5% $11,332,800
Polar Asset Management Partners Inc. 2.5% 1,174,800 +146% 0.18% $9,280,921
THOMPSON SIEGEL & WALMSLEY LLC 1.3% 629,873 0.08% $4,976,000
CITADEL ADVISORS LLC 1.1% 546,849 +541% 0% $4,320,107
WealthTrust Axiom LLC 1.1% 505,854 +23% 1% $3,996,248
Caldwell Investment Management Ltd. 0.84% 398,000 0% 1.9% $3,083,844
Penbrook Management LLC 0.73% 349,861 +14% 1.9% $2,763,902
Conestoga Capital Advisors, LLC 0.55% 263,320 0.04% $2,080,228
TANAKA CAPITAL MANAGEMENT INC 0.53% 253,930 0% 3.7% $2,006,000
MARSHALL WACE, LLP 0.47% 223,897 +16% 0% $1,768,785
BANK OF AMERICA CORP /DE/ 0.46% 220,699 -28% 0% $1,743,522
Granahan Investment Management, LLC 0.41% 194,961 0.07% $1,540,192
Triasima Portfolio Management inc. 0.34% 162,522 0.19% $1,285,236
MORGAN STANLEY 0.32% 154,062 +13320% 0% $1,217,091
Huntleigh Advisors, Inc. 0.31% 149,613 0.2% $1,181,950
Mink Brook Asset Management LLC 0.23% 110,000 -68% 0.55% $869,000
FIRST TRUST ADVISORS LP 0.22% 105,996 +33% 0% $837,368
OSAIC HOLDINGS, INC. 0.22% 105,544 +10454% 0% $833,797
XTX Topco Ltd 0.21% 101,056 +201% 0.02% $798,342
Quadrature Capital Ltd 0.2% 97,593 0.01% $771,082
BNP PARIBAS FINANCIAL MARKETS 0.19% 90,456 0% 0% $714,602
Mitsubishi UFJ Asset Management Co., Ltd. 0.19% 88,419 0% $700,278
LAZARD ASSET MANAGEMENT LLC 0.18% 86,347 +10% 0% $682,141
RAYMOND JAMES FINANCIAL INC 0.15% 69,764 +3.3% 0% $551,136

Institutional Holders of Electrovaya Inc. - COMMON STOCK (ELVA) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 10,906,747 $86,060,464 +$43,921,861 $7.90 58
2025 Q3 5,723,697 $33,798,870 -$5,392,483 $5.89 48
2025 Q2 6,726,314 $22,935,350 +$131,279 $3.41 25
2025 Q1 6,691,977 $15,479,694 -$788,214 $2.31 23
2024 Q4 7,017,165 $17,326,013 +$9,464,585 $2.48 22
2024 Q3 2,826,782 $6,599,040 -$348,650 $2.33 15
2024 Q2 2,973,016 $7,657,590 -$3,870,106 $2.57 16
2024 Q1 4,472,697 $15,670,159 +$1,141,978 $3.66 14
2023 Q4 4,261,616 $13,039,320 +$2,504,675 $3.06 15
2023 Q3 3,444,165 $9,835,004 +$9,835,004 $2.83 13