Based on 287 hedge funds · latest filing: 2025 Q4 · updated quarterly
📉 Selling streak — 2 quarters in a row
For 2 consecutive quarters, more hedge funds reduced or closed this position than added to it. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams deciding to exit.
🏔️ At the ownership peak (95% of max)
287 hedge funds hold this stock 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 'crowded trade' — high ownership doesn't mean safe.
📶 Steady growth — +11% more funds vs a year ago
+28 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠 More sellers than buyers — 45% buying
Last quarter: 166 funds reduced or exited vs 135 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️ Steady new buyers — ~44 new funds per quarter
Funds opening this position for the first time: 46 → 51 → 46 → 44. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒 52% of holders stayed for 2+ years
149 out of 287 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.