Based on 5 hedge funds · latest filing: 2025 Q4 · updated quarterly
📉 Selling streak — 1 quarter in a row
For 1 consecutive quarter, more hedge funds reduced or closed this position than added to it. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams deciding to exit.
🔻 Below peak — only 45% of 2.8Y high
Only 5 funds hold this stock today versus a peak of 11 funds at 2024 Q4 — just 45% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
📉 Outflows — 55% fewer funds vs a year ago
6 fewer hedge funds hold this stock compared to a year ago (-55% decline). When institutions consistently reduce exposure, it's worth asking what they know that retail investors don't.
🔴 Heavy selling pressure — only 22% buying
Last quarter: 7 funds sold vs only 2 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️ Steady new buyers — ~1 new funds per quarter
Funds opening this position for the first time: 3 → 0 → 2 → 1. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄 Mostly new holders — 20% entered in last year
Only 1 funds (20%) 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.