Based on 171 hedge funds · latest filing: 2026 Q2 · updated quarterly
📈
Buying streak — 3 quarters in a row
For 3 consecutive quarters, more hedge funds added ENLT 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
171 hedge funds hold ENLT 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 — +134% more funds vs a year ago
fund count last 6Q
+98 new funds entered over the past year (+134% 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 — 74% buying
130 buying46 selling
Last quarter: 130 funds were net buyers (69 opened a brand new position + 61 added to an existing one). Only 46 were sellers (28 trimmed + 18 sold completely). A clear majority buying is a strong confirmation signal.
📈
More new buyers each quarter (+25 vs last Q)
new funds entering per quarter
Funds opening a new ENLT position: 3 → 22 → 44 → 69. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
📌
Mixed — 27% long-term, 60% new
■ 27% conviction (2yr+)
■ 13% medium
■ 60% new
Of the 171 current holders: 46 (27%) held >2 years, 22 held 1–2 years, and 103 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.
💰
Price up while funds trimmed (+15% value, -8% shares)
Last quarter: total value of institutional ENLT holdings rose +15% even though funds reduced share count by 8%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
🚀
Acceleration phase — new buyers rushing in
14 → 3 → 22 → 44 → 69 new funds/Q
New funds entering each quarter: 3 → 22 → 44 → 69. 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.
🌱
Early stage — 61% of holders entered in last year
■ 30% veterans
■ 8% 1-2yr
■ 61% new
Of 179 current holders: 110 (61%) entered in the past year, only 54 (30%) 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.
✅
Strong quality — 24% AUM from major funds
24% from top-100 AUM funds
42 of 169 holders rank in the top 100 by AUM, accounting for 24% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
6.4
out of 10
Moderate Exit Risk
Exit risk score 6.4/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.