Based on 34 hedge funds · latest filing: 2026 Q2 · updated quarterly
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Buying streak — 2 quarters in a row
For 2 consecutive quarters, more hedge funds added EMCB 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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At the ownership peak (100% of max)
100% of all-time peak
34 hedge funds hold EMCB 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.
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Fast accumulation — +36% more funds vs a year ago
fund count last 6Q
+9 new funds entered over the past year (+36% 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.
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Slight buying edge — 55% buying
17 buying14 selling
Last quarter: 17 funds bought or added vs 14 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
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Steady new buyers — ~5 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 9 → 1 → 8 → 5. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
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44% of holders stayed for 2+ years
■ 44% conviction (2yr+)
■ 29% medium
■ 26% new
15 out of 34 hedge funds have held EMCB 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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Steady discovery — ~5 new funds/quarter
2 → 9 → 1 → 8 → 5 new funds/Q
New funds entering each quarter: 9 → 1 → 8 → 5. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Veteran-anchored — 50% veterans vs 35% newcomers
■ 50% veterans
■ 15% 1-2yr
■ 35% new
Entry-cohort mix of 34 holders: 17 (50%) are 2+ year veterans, 5 entered 1–2 years ago, and 12 (35%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
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Elite ownership — 41% AUM from top-100 funds
41% from top-100 AUM funds
7 of 34 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in EMCB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.1
out of 10
Moderate Exit Risk
Exit risk score 4.1/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.