# Even Herd

Even Herd is a Private Equity based in Oklahoma City, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Oklahoma City, United States
- **Region:** North America
- **Address:** Oklahoma City, United States
- **Founded:** 2023
- **Assets under management:** Undisclosed
- **Website:** www.evenherd.com
- **LinkedIn:** https://www.linkedin.com/company/evenherd

## Regulatory record

- **CRD number:** 329728
- **SEC file number:** 801-129721
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/329728

## About

Even Herd is an SEC-registered investment adviser in OKLAHOMA CITY, OK, registered since 2024. The firm manages approximately $56 million in regulatory assets. It has 2 employees and 1 investment adviser.

## Sectors

- Equity

## Questions

### What is the Even Herd Long/Short ETF (EHLS) designed to do?

EHLS is designed as a core equity holding that seeks to capture upside from top-performing stocks while using short positions to generate excess returns and hedge against broad-market downturns. It employs a proprietary, relative-momentum algorithm that rotates dynamically across sectors, market caps, and factor tilts rather than tracking a fixed benchmark. The fund aims to be indifferent to market timing, relying on individual stock-level divergences to perform across bull and bear environments.

### Who runs investment decisions at Even Herd?

Even Herd has not publicly disclosed the portfolio managers, analysts, or principals responsible for investment decisions. All available material attributes strategy execution to a proprietary algorithm that was first developed a decade ago and has been upgraded for current technological capabilities, but the individuals overseeing that process are not named.

### Does Even Herd participate in fund commitments or only direct equity positions?

Even Herd's sole known vehicle invests directly in individual equities on both the long and short sides. There is no indication the firm makes fund commitments, co-investments, or allocates to external managers. The firm's public materials only describe the EHLS ETF and its internal portfolio-construction process.

## Related profiles

- [Even Capital](https://altss.com/profile/even-capital)
- [Evenlode Investment Management](https://altss.com/profile/evenlode-investment-management)

---

Last updated: 2026-07-10T23:10:39.000Z

Canonical page: https://altss.com/profile/even-herd

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology