Based on 338 hedge funds · latest filing: 2025 Q4 · updated quarterly
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Buying streak — 2 quarters in a row
For 2 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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At the ownership peak (100% of max)
100% of all-time peak
338 hedge funds hold this stock 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 'crowded trade' — high ownership doesn't mean safe.
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Steady growth — +8% more funds vs a year ago
fund count last 6Q
+25 new funds entered over the past year (+8% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
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More buyers than sellers — 73% buying
251 buying95 selling
Last quarter: 251 funds were net buyers (42 opened a brand new position + 209 added to an existing one). Only 95 were sellers (67 trimmed + 28 sold completely). A clear majority buying is a strong confirmation signal.
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More new buyers each quarter (+9 vs last Q)
new funds entering per quarter
Funds opening this position for the first time: 29 → 25 → 33 → 42. A growing number of new institutional buyers means the stock is still being discovered — the opportunity hasn't been fully priced in.
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55% of holders stayed for 2+ years
■ 55% conviction (2yr+)
■ 28% medium
■ 18% new
185 out of 338 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.
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Growing discovery — still being found
39 → 29 → 25 → 33 → 42 new funds/Q
New funds entering each quarter: 29 → 25 → 33 → 42. A growing number of institutions are discovering this stock each quarter. The idea is still spreading — there is room for more buyers to enter.
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Deep conviction — 46% of holders stayed 2+ years
■ 46% veterans
■ 29% 1-2yr
■ 25% new
Of 338 current holders: 157 (46%) 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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Smaller funds dominant — 3% top-100 AUM
3% from top-100 AUM funds
Only 11 of 338 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 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.