Based on 96 hedge funds · latest filing: 2025 Q4 · updated quarterly
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Buying streak — 2 quarters in a row
For 2 consecutive quarters, 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 — 90% of 3.0Y peak
90% of all-time peak
96 funds currently hold this stock — 90% of the 3.0-year high of 107 funds (reached 2024 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
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Outflows — 4% fewer funds vs a year ago
fund count last 6Q
4 fewer hedge funds hold this stock compared to a year ago (-4% decline). When institutions consistently reduce exposure, it's worth asking what they know that retail investors don't.
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Slight buying edge — 50% buying
41 buying41 selling
Last quarter: 41 funds bought or added vs 41 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
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More new buyers each quarter (+8 vs last Q)
new funds entering per quarter
Funds opening this position for the first time: 7 → 9 → 11 → 19. A growing number of new institutional buyers means the stock is still being discovered — the opportunity hasn't been fully priced in.
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74% of holders stayed for 2+ years
■ 74% conviction (2yr+)
■ 9% medium
■ 17% new
71 out of 96 hedge funds have held this stock for over 2 years without selling. Long-term holders are harder to shake out during market dips — they represent a stable ownership base that reduces the risk of sudden mass selling.
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Value +255% but shares only +82% — price-driven
Last quarter: the total dollar value of institutional holdings rose +255%, but actual share count only changed +82%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
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Acceleration phase — new buyers rushing in
12 → 7 → 9 → 11 → 19 new funds/Q
New funds entering each quarter: 7 → 9 → 11 → 19. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
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Deep conviction — 76% of holders stayed 2+ years
■ 76% veterans
■ 9% 1-2yr
■ 15% new
Of 98 current holders: 74 (76%) 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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Smaller funds dominant — 16% top-100 AUM
16% from top-100 AUM funds
Only 15 of 96 current holders rank in the top 100 by AUM. The stock is held mostly by smaller and mid-sized funds — the largest institutional players haven't yet built significant positions.
Exit risk score 3.0/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.