Based on 284 hedge funds · latest filing: 2025 Q4 · updated quarterly
📈
Buying streak — 3 quarters in a row
For 3 consecutive quarters, more hedge funds added COPX 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
284 hedge funds hold COPX 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 — +52% more funds vs a year ago
fund count last 6Q
+97 new funds entered over the past year (+52% 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 — 70% buying
192 buying81 selling
Last quarter: 192 funds were net buyers (93 opened a brand new position + 99 added to an existing one). Only 81 were sellers (53 trimmed + 28 sold completely). A clear majority buying is a strong confirmation signal.
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More new buyers each quarter (+34 vs last Q)
new funds entering per quarter
Funds opening a new COPX position: 29 → 41 → 59 → 93. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
📌
Mixed — 34% long-term, 40% new
■ 34% conviction (2yr+)
■ 26% medium
■ 40% new
Of the 284 current holders: 97 (34%) held >2 years, 74 held 1–2 years, and 113 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.
💎
Buying through price weakness — shares +810%, value +415%
Last quarter: funds added +810% more shares while total portfolio value only changed +415%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
🚀
Acceleration phase — new buyers rushing in
38 → 29 → 41 → 59 → 93 new funds/Q
New funds entering each quarter: 29 → 41 → 59 → 93. 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.
🏛️
Deep conviction — 41% of holders stayed 2+ years
■ 41% veterans
■ 17% 1-2yr
■ 41% new
Of 299 current holders: 124 (41%) 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.
🏆
Elite ownership — 82% AUM from top-100 funds
82% from top-100 AUM funds
18 of 284 holders are among the 100 largest funds by AUM, controlling 82% of total institutional value in COPX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.7
out of 10
Moderate Exit Risk
Exit risk score 4.7/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.