Based on 24 hedge funds · latest filing: 2025 Q4 · updated quarterly
➡️
No change last quarter
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
📊
High ownership — 86% of 3.0Y peak
86% of all-time peak
24 funds currently hold this stock — 86% of the 3.0-year high of 28 funds (reached 2024 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉
Outflows — 8% fewer funds vs a year ago
fund count last 6Q
2 fewer hedge funds hold this stock compared to a year ago (-8% decline). When institutions consistently reduce exposure, it's worth asking what they know that retail investors don't.
🟢
More buyers than sellers — 68% buying
13 buying6 selling
Last quarter: 13 funds were net buyers (4 opened a brand new position + 9 added to an existing one). Only 6 were sellers (2 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.
➡️
Steady new buyers — ~4 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 2 → 3 → 4 → 4. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒
54% of holders stayed for 2+ years
■ 54% conviction (2yr+)
■ 25% medium
■ 21% new
13 out of 24 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.
📈
Growing discovery — still being found
4 → 2 → 3 → 4 → 4 new funds/Q
New funds entering each quarter: 2 → 3 → 4 → 4. A growing number of institutions are discovering this stock each quarter. The idea is still spreading — there is room for more buyers to enter.
🏛️
Deep conviction — 75% of holders stayed 2+ years
■ 75% veterans
■ 8% 1-2yr
■ 17% new
Of 24 current holders: 18 (75%) 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.
✅
Strong quality — 21% from major AUM funds
21% from top-100 AUM funds
5 of 24 current holders rank in the top 100 by AUM. A meaningful share of the ownership base comes from the most well-resourced institutions.
Exit risk score 2.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.