Based on 224 hedge funds · latest filing: 2026 Q1 · updated quarterly
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Buying streak — 2 quarters in a row
For 2 consecutive quarters, more hedge funds added EUFN 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
224 hedge funds hold EUFN 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 — +37% more funds vs a year ago
fund count last 6Q
+60 new funds entered over the past year (+37% 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 — 51% buying
106 buying100 selling
Last quarter: 106 funds bought or added vs 100 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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Fewer new buyers each quarter (-12 vs last Q)
new funds entering per quarter
Funds opening this position for the first time: 57 → 35 → 54 → 42. 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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41% of holders stayed for 2+ years
■ 41% conviction (2yr+)
■ 26% medium
■ 33% new
91 out of 224 hedge funds have held EUFN 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 — ~42 new funds/quarter
52 → 57 → 35 → 54 → 42 new funds/Q
New funds entering each quarter: 57 → 35 → 54 → 42. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Veteran-anchored — 51% veterans vs 39% newcomers
■ 51% veterans
■ 10% 1-2yr
■ 39% new
Entry-cohort mix of 229 holders: 117 (51%) are 2+ year veterans, 22 entered 1–2 years ago, and 90 (39%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
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Elite ownership — 75% AUM from top-100 funds
75% from top-100 AUM funds
25 of 222 holders are among the 100 largest funds by AUM, controlling 75% of total institutional value in EUFN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.2
out of 10
Moderate Exit Risk
Exit risk score 4.2/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.