Based on 3012 hedge funds · latest filing: 2025 Q4 · updated quarterly
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Buying streak — 1 quarter in a row
For 1 consecutive quarter, more hedge funds added ABT than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
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At the ownership peak (100% of max)
100% of all-time peak
3,012 hedge funds hold ABT right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
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Steady growth — +7% more funds vs a year ago
fund count last 6Q
+208 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
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More sellers than buyers — 48% buying
1389 buying1490 selling
Last quarter: 1,490 funds reduced or exited vs 1,389 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
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More new buyers each quarter (+140 vs last Q)
new funds entering per quarter
Funds opening a new ABT position: 271 → 175 → 174 → 314. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
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76% of holders stayed for 2+ years
■ 76% conviction (2yr+)
■ 14% medium
■ 11% new
2,275 out of 3,012 hedge funds have held ABT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
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Steady discovery — ~314 new funds/quarter
230 → 271 → 175 → 174 → 314 new funds/Q
New funds entering each quarter: 271 → 175 → 174 → 314. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Deep conviction — 75% of holders stayed 2+ years
■ 75% veterans
■ 9% 1-2yr
■ 16% new
Of 3,079 current holders: 2,301 (75%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
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Elite ownership — 61% AUM from top-100 funds
61% from top-100 AUM funds
49 of 3012 holders are among the 100 largest funds by AUM, controlling 61% of total institutional value in ABT. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
Exit risk score 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.