Based on 127 hedge funds · latest filing: 2025 Q4 · updated quarterly
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Buying streak — 3 quarters in a row
For 3 consecutive quarters, more hedge funds added DRIV 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.
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High ownership — 72% of 3.0Y peak
72% of all-time peak
127 funds currently hold this stock — 72% of the 3.0-year high of 176 funds (reached 2023 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
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Stable — ownership unchanged year-over-year
fund count last 6Q
The number of hedge funds holding DRIV is almost the same as a year ago (+3 funds, +2% change). No significant rush to buy or sell — institutional backing is holding steady.
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Heavy selling pressure — only 39% buying
36 buying56 selling
Last quarter: 56 funds sold vs only 36 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
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Fewer new buyers each quarter (-8 vs last Q)
new funds entering per quarter
Funds opening this position for the first time: 13 → 15 → 27 → 19. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
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66% of holders stayed for 2+ years
■ 66% conviction (2yr+)
■ 15% medium
■ 19% new
84 out of 127 hedge funds have held DRIV for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
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Value +155% but shares only +78% — price-driven
Last quarter: the total dollar value of institutional holdings rose +155%, but actual share count only changed +78%. 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.
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Acceleration phase — new buyers rushing in
18 → 13 → 15 → 27 → 19 new funds/Q
New funds entering each quarter: 13 → 15 → 27 → 19. 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.
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Deep conviction — 70% of holders stayed 2+ years
■ 70% veterans
■ 6% 1-2yr
■ 24% new
Of 127 current holders: 89 (70%) 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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Elite ownership — 85% AUM from top-100 funds
85% from top-100 AUM funds
16 of 127 holders are among the 100 largest funds by AUM, controlling 85% of total institutional value in DRIV. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
Exit risk score 2.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.