No, it doesn't. This is a common myth among homebrewers that people like John Palmer are only in the past year or so working to dispel.
See, e.g.
https://www.homebrewtalk.com/f128/estimating-bitterness-algorithms-state-art-109681/ for links to interviews with John Palmer and journals from the American Society of Brewing Chemists dispelling the notion that hops utilization is affected by gravity.
Common IBU algorithms do include a gravity factor, but it turns out that the actual impact on utilization is related to the total amount of break material in a boil and not to the gravity or concentration of the boil. That's an okay proxy in all-barley recipes but falls apart a bit in cases where the break increases much more than the gravity increase (e.g. wheat/rye) or much less (e.g. simple sugars). It also is a function of total amount of break, not concentration thereof, and is thus unrelated to boil size.
Now, there might be a small impact on utilization in a concentrated boil, but nothing like the gravity factors would predict (e.g. according to Tinseth you'd need about 60% more hops in a 2.5 gallon partial boil to get the same bittering as in a 5 gallon boil). If there is, it's because of volume-to-surface-area issues, not wort gravity.