Based on 737 hedge funds · latest filing: 2025 Q4 · updated quarterly
📈
Buying streak — 11 quarters in a row
For 11 consecutive quarters, more hedge funds added CIBR 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
737 hedge funds hold CIBR 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.
🚀
Fast accumulation — +32% more funds vs a year ago
fund count last 6Q
+178 new funds entered over the past year (+32% 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.
🟢
More buyers than sellers — 68% buying
470 buying221 selling
Last quarter: 470 funds were net buyers (112 opened a brand new position + 358 added to an existing one). Only 221 were sellers (169 trimmed + 52 sold completely). A clear majority buying is a strong confirmation signal.
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More new buyers each quarter (+51 vs last Q)
new funds entering per quarter
Funds opening a new CIBR position: 81 → 132 → 61 → 112. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒
51% of holders stayed for 2+ years
■ 51% conviction (2yr+)
■ 23% medium
■ 26% new
377 out of 737 hedge funds have held CIBR for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📊
Peak discovery — momentum slowing
84 → 81 → 132 → 61 → 112 new funds/Q
New funds entering each quarter: 81 → 132 → 61 → 112. CIBR is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️
Deep conviction — 51% of holders stayed 2+ years
■ 51% veterans
■ 16% 1-2yr
■ 32% new
Of 742 current holders: 381 (51%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
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Elite ownership — 63% AUM from top-100 funds
63% from top-100 AUM funds
22 of 737 holders are among the 100 largest funds by AUM, controlling 63% of total institutional value in CIBR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.