Based on 123 hedge funds · latest filing: 2025 Q4 · updated quarterly
📈
Buying streak — 4 quarters in a row
For 4 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.
🏔️
At the ownership peak (100% of max)
100% of all-time peak
123 hedge funds hold this stock 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 'crowded trade' — high ownership doesn't mean safe.
🚀
Fast accumulation — +46% more funds vs a year ago
fund count last 6Q
+39 new funds entered over the past year (+46% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢
More buyers than sellers — 71% buying
75 buying31 selling
Last quarter: 75 funds were net buyers (28 opened a brand new position + 47 added to an existing one). Only 31 were sellers (24 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.
📈
More new buyers each quarter (+16 vs last Q)
new funds entering per quarter
Funds opening this position for the first time: 16 → 18 → 12 → 28. A growing number of new institutional buyers means the stock is still being discovered — the opportunity hasn't been fully priced in.
🔄
Mostly new holders — 37% entered in last year
■ 24% conviction (2yr+)
■ 40% medium
■ 37% new
Only 29 funds (24%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
📈
Growing discovery — still being found
8 → 16 → 18 → 12 → 28 new funds/Q
New funds entering each quarter: 16 → 18 → 12 → 28. A growing number of institutions are discovering this stock each quarter. The idea is still spreading — there is room for more buyers to enter.
📊
Mixed cohorts — 23% veterans, 38% new entrants
■ 23% veterans
■ 39% 1-2yr
■ 38% new
Of 123 current holders: 28 (23%) held 2+ years, 48 held 1–2 years, 47 (38%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
✅
Strong quality — 20% from major AUM funds
20% from top-100 AUM funds
24 of 123 current holders rank in the top 100 by AUM. A meaningful share of the ownership base comes from the most well-resourced institutions.
4.4
out of 10
Moderate Exit Risk
Exit risk score 4.4/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.