Based on 27 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.
📊 High ownership — 93% of 3.0Y peak
27 funds currently hold this stock — 93% of the 3.0-year high of 29 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉 Outflows — 4% fewer funds vs a year ago
1 fewer hedge funds hold this stock compared to a year ago (-4% decline). When institutions consistently reduce exposure, it's worth asking what they know that retail investors don't.
🟠 More sellers than buyers — 41% buying
Last quarter: 13 funds reduced or exited vs 9 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️ Steady new buyers — ~4 new funds per quarter
Funds opening this position for the first time: 4 → 4 → 6 → 4. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌 Mixed — 26% long-term, 30% new
Of the 27 current holders: 7 (26%) held >2 years, 12 held 1–2 years, and 8 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.