Based on 50 hedge funds · latest filing: 2026 Q2 · updated quarterly
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Buying streak — 10 quarters in a row
For 10 consecutive quarters, more hedge funds added DFVX 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
50 hedge funds hold DFVX right now — the highest count in 2.8 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.
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Fast accumulation — +79% more funds vs a year ago
fund count last 6Q
+22 new funds entered over the past year (+79% 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 — 75% buying
33 buying11 selling
Last quarter: 33 funds were net buyers (13 opened a brand new position + 20 added to an existing one). Only 11 were sellers (7 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.
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More new buyers each quarter (+7 vs last Q)
new funds entering per quarter
Funds opening a new DFVX position: 7 → 8 → 6 → 13. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
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Mostly new holders — 42% entered in last year
■ 18% conviction (2yr+)
■ 40% medium
■ 42% new
Only 9 funds (18%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
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Growing discovery — still being found
8 → 7 → 8 → 6 → 13 new funds/Q
New funds entering each quarter: 7 → 8 → 6 → 13. A growing number of institutions are discovering DFVX each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
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Early stage — 60% of holders entered in last year
■ 20% veterans
■ 20% 1-2yr
■ 60% new
Of 50 current holders: 30 (60%) entered in the past year, only 10 (20%) 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.
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Smaller funds dominant — 1% AUM from top-100
1% from top-100 AUM funds
8 of 49 holders rank in the top 100 by AUM, but together hold only 1% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.8
out of 10
Moderate Exit Risk
Exit risk score 4.8/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.