Based on 52 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.
🏔️
At the ownership peak (100% of max)
100% of all-time peak
52 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.
📶
Steady growth — +16% more funds vs a year ago
fund count last 6Q
+7 new funds entered over the past year (+16% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢
More buyers than sellers — 61% buying
41 buying26 selling
Last quarter: 41 funds were net buyers (24 opened a brand new position + 17 added to an existing one). Only 26 were sellers (13 trimmed + 13 sold completely). A clear majority buying is a strong confirmation signal.
📈
More new buyers each quarter (+15 vs last Q)
new funds entering per quarter
Funds opening this position for the first time: 20 → 15 → 9 → 24. 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 — 42% entered in last year
■ 13% conviction (2yr+)
■ 44% medium
■ 42% new
Only 7 funds (13%) 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.
💎
Buying through price weakness — shares -27%, value -63%
Last quarter: funds added -27% more shares while total portfolio value only changed -63%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️
Steady discovery — ~24 new funds/quarter
19 → 20 → 15 → 9 → 24 new funds/Q
New funds entering each quarter: 20 → 15 → 9 → 24. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊
Mixed cohorts — 20% veterans, 54% new entrants
■ 20% veterans
■ 26% 1-2yr
■ 54% new
Of 61 current holders: 12 (20%) held 2+ years, 16 held 1–2 years, 33 (54%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋
Smaller funds dominant — 12% top-100 AUM
12% from top-100 AUM funds
Only 6 of 52 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.
4.1
out of 10
Moderate Exit Risk
Exit risk score 4.1/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.