Based on 19 hedge funds · latest filing: 2025 Q4 · updated quarterly
📈
Buying streak — 1 quarter in a row
For 1 consecutive quarter, more hedge funds added this stock 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 trade.
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High ownership — 83% of 2.8Y peak
83% of all-time peak
19 funds currently hold this stock — 83% of the 2.8-year high of 23 funds (reached 2024 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
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Outflows — 17% fewer funds vs a year ago
fund count last 6Q
4 fewer hedge funds hold this stock compared to a year ago (-17% decline). When institutions consistently reduce exposure, it's worth asking what they know that retail investors don't.
🟢
More buyers than sellers — 64% buying
14 buying8 selling
Last quarter: 14 funds were net buyers (6 opened a brand new position + 8 added to an existing one). Only 8 were sellers (5 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.
➡️
Steady new buyers — ~6 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 2 → 9 → 3 → 6. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌
Mixed — 37% long-term, 26% new
■ 37% conviction (2yr+)
■ 37% medium
■ 26% new
Of the 19 current holders: 7 (37%) held >2 years, 7 held 1–2 years, and 5 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💎
Buying through price weakness — shares +247%, value +40%
Last quarter: funds added +247% more shares while total portfolio value only changed +40%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
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Peak discovery — momentum slowing
7 → 2 → 9 → 3 → 6 new funds/Q
New funds entering each quarter: 2 → 9 → 3 → 6. The stock is well-known in the hedge fund world but new entries are declining. The easy phase of institutional discovery may be behind us.
🏛️
Deep conviction — 45% of holders stayed 2+ years
■ 45% veterans
■ 25% 1-2yr
■ 30% new
Of 20 current holders: 9 (45%) 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.
✅
Strong quality — 26% from major AUM funds
26% from top-100 AUM funds
5 of 19 current holders rank in the top 100 by AUM. A meaningful share of the ownership base comes from the most well-resourced institutions.
Exit risk score 2.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.