Based on 83 hedge funds · latest filing: 2022 Q4 · updated quarterly
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Buying streak — 3 quarters in a row
For 3 consecutive quarters, more hedge funds added this stock 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 trade.
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High ownership — 87% of 3.0Y peak
87% of all-time peak
83 funds currently hold this stock — 87% of the 3.0-year high of 95 funds (reached 2020 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
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Fast accumulation — +66% more funds vs a year ago
fund count last 6Q
+33 new funds entered over the past year (+66% 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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Slight buying edge — 54% buying
45 buying39 selling
Last quarter: 45 funds bought or added vs 39 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 — ~18 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 9 → 25 → 19 → 18. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
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Steady discovery — ~18 new funds/quarter
9 → 9 → 25 → 19 → 18 new funds/Q
New funds entering each quarter: 9 → 25 → 19 → 18. Consistent flow of new institutional buyers without clear acceleration or slowdown.
Exit risk score 3.2/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.