Based on 25 hedge funds · latest filing: 2025 Q4 · updated quarterly
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Buying streak — 1 quarter in a row
For 1 consecutive quarter, more hedge funds added BSLKW 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 momentum flip.
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High ownership — 71% of 3.0Y peak
71% of all-time peak
25 funds currently hold this stock — 71% of the 3.0-year high of 35 funds (reached 2024 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
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Outflows — 22% fewer funds vs a year ago
fund count last 6Q
7 fewer hedge funds hold BSLKW compared to a year ago (-22% 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
4 buying4 selling
Last quarter: 4 funds bought or added vs 4 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 — ~3 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 2 → 3 → 3 → 3. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
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Mostly new holders — 16% entered in last year
■ 4% conviction (2yr+)
■ 80% medium
■ 16% new
Only 1 funds (4%) 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.
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Buying through price weakness — shares +1%, value -94%
Last quarter: funds added +1% more shares while total portfolio value only changed -94%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
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Steady discovery — ~3 new funds/quarter
2 → 2 → 3 → 3 → 3 new funds/Q
New funds entering each quarter: 2 → 3 → 3 → 3. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Mixed cohorts — 8% veterans, 28% new entrants
■ 8% veterans
■ 64% 1-2yr
■ 28% new
Of 25 current holders: 2 (8%) held 2+ years, 16 held 1–2 years, 7 (28%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
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Elite ownership — 54% AUM from top-100 funds
54% from top-100 AUM funds
5 of 25 holders are among the 100 largest funds by AUM, controlling 54% of total institutional value in BSLKW. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
Exit risk score 2.0/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.