Based on 14 hedge funds · latest filing: 2025 Q4 · updated quarterly
➡️
No change last quarter
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
🔻
Below peak — only 61% of 3.0Y high
61% of all-time peak
Only 14 funds hold BOAT today versus a peak of 23 funds at 2024 Q2 — just 61% 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.
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Outflows — 12% fewer funds vs a year ago
fund count last 6Q
2 fewer hedge funds hold BOAT compared to a year ago (-12% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
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Slight buying edge — 50% buying
7 buying7 selling
Last quarter: 7 funds bought or added vs 7 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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Steady new buyers — ~4 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 2 → 1 → 4 → 4. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌
Mixed — 36% long-term, 21% new
■ 36% conviction (2yr+)
■ 43% medium
■ 21% new
Of the 14 current holders: 5 (36%) held >2 years, 6 held 1–2 years, and 3 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.
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Steady discovery — ~4 new funds/quarter
4 → 2 → 1 → 4 → 4 new funds/Q
New funds entering each quarter: 2 → 1 → 4 → 4. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Mixed cohorts — 36% veterans, 36% new entrants
■ 36% veterans
■ 29% 1-2yr
■ 36% new
Of 14 current holders: 5 (36%) held 2+ years, 4 held 1–2 years, 5 (36%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
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Smaller funds dominant — 11% AUM from top-100
11% from top-100 AUM funds
3 of 14 holders rank in the top 100 by AUM, but together hold only 11% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
Exit risk score 1.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.