Based on 178 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.
📊
High ownership — 90% of 3.0Y peak
90% of all-time peak
178 funds currently hold this stock — 90% of the 3.0-year high of 197 funds (reached 2024 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️
Stable — ownership unchanged year-over-year
fund count last 6Q
The number of hedge funds holding this stock is almost the same as a year ago (-4 funds, -2% change). No significant rush to buy or sell — the institutional base is holding steady.
🟠
More sellers than buyers — 48% buying
76 buying81 selling
Last quarter: 81 funds reduced or exited vs 76 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 — ~37 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 21 → 25 → 34 → 37. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒
43% of holders stayed for 2+ years
■ 43% conviction (2yr+)
■ 28% medium
■ 29% new
77 out of 178 hedge funds have held this stock for over 2 years without selling. Long-term holders are harder to shake out during market dips — they represent a stable ownership base that reduces the risk of sudden mass selling.
💰
Value +175% but shares only +22% — price-driven
Last quarter: the total dollar value of institutional holdings rose +175%, but actual share count only changed +22%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
🚀
Acceleration phase — new buyers rushing in
32 → 21 → 25 → 34 → 37 new funds/Q
New funds entering each quarter: 21 → 25 → 34 → 37. 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.
📊
Mixed cohorts — 7% veterans, 34% new entrants
■ 7% veterans
■ 59% 1-2yr
■ 34% new
Of 195 current holders: 13 (7%) held 2+ years, 115 held 1–2 years, 67 (34%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋
Smaller funds dominant — 8% top-100 AUM
8% from top-100 AUM funds
Only 14 of 178 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.
Exit risk score 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.