Based on 19 hedge funds · latest filing: 2025 Q4 · updated quarterly
📈
Buying streak — 1 quarter in a row
For 1 consecutive quarter, more hedge funds added CPAC 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
19 hedge funds hold CPAC 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 — +46% more funds vs a year ago
fund count last 6Q
+6 new funds entered over the past year (+46% 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 — 88% buying
15 buying2 selling
Last quarter: 15 funds were net buyers (8 opened a brand new position + 7 added to an existing one). Only 2 were sellers (2 trimmed + 0 sold completely). A clear majority buying is a strong confirmation signal.
📈
More new buyers each quarter (+7 vs last Q)
new funds entering per quarter
Funds opening a new CPAC position: 1 → 2 → 1 → 8. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
📌
Mixed — 37% long-term, 53% new
■ 37% conviction (2yr+)
■ 11% medium
■ 53% new
Of the 19 current holders: 7 (37%) held >2 years, 2 held 1–2 years, and 10 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.
💰
Value +89% but shares only +27% — price-driven
Last quarter: the total dollar value of institutional holdings rose +89%, but actual share count only changed +27%. 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.
➡️
Steady discovery — ~8 new funds/quarter
3 → 1 → 2 → 1 → 8 new funds/Q
New funds entering each quarter: 1 → 2 → 1 → 8. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱
Early stage — 63% of holders entered in last year
■ 37% veterans
■ 0% 1-2yr
■ 63% new
Of 19 current holders: 12 (63%) entered in the past year, only 7 (37%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
🏆
Elite ownership — 43% AUM from top-100 funds
43% from top-100 AUM funds
7 of 19 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in CPAC. 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.