Based on 131 hedge funds · latest filing: 2026 Q2 · updated quarterly
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Buying streak — 7 quarters in a row
For 7 consecutive quarters, more hedge funds added CERY 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.
🏔️
At the ownership peak (100% of max)
100% of all-time peak
131 hedge funds hold CERY 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 classic 'crowded trade' — high popularity doesn't equal safety.
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Fast accumulation — +70% more funds vs a year ago
fund count last 6Q
+54 new funds entered over the past year (+70% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
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More buyers than sellers — 62% buying
87 buying54 selling
Last quarter: 87 funds were net buyers (25 opened a brand new position + 62 added to an existing one). Only 54 were sellers (36 trimmed + 18 sold completely). A clear majority buying is a strong confirmation signal.
⚠️
Fewer new buyers each quarter (-10 vs last Q)
new funds entering per quarter
Funds opening this position for the first time: 22 → 17 → 35 → 25. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
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Mostly new holders — 40% entered in last year
■ 1% conviction (2yr+)
■ 59% medium
■ 40% new
Only 1 funds (1%) 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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Acceleration phase — new buyers rushing in
17 → 22 → 17 → 35 → 25 new funds/Q
New funds entering each quarter: 22 → 17 → 35 → 25. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
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Mixed cohorts — 1% veterans, 54% new entrants
■ 1% veterans
■ 45% 1-2yr
■ 54% new
Of 131 current holders: 1 (1%) held 2+ years, 59 held 1–2 years, 71 (54%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
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Elite ownership — 56% AUM from top-100 funds
56% from top-100 AUM funds
10 of 131 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in CERY. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.9
out of 10
Moderate Exit Risk
Exit risk score 4.9/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.