Based on 10 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 EURL 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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High ownership — 91% of 3.0Y peak
91% of all-time peak
10 funds currently hold this stock — 91% of the 3.0-year high of 11 funds (reached 2023 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
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Stable — ownership unchanged year-over-year
fund count last 6Q
The number of hedge funds holding EURL is almost the same as a year ago (+0 funds, +0% change). No significant rush to buy or sell — institutional backing is holding steady.
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More buyers than sellers — 64% buying
9 buying5 selling
Last quarter: 9 funds were net buyers (5 opened a brand new position + 4 added to an existing one). Only 5 were sellers (1 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.
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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: 3 → 2 → 4 → 5. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
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Mixed — 30% long-term, 50% new
■ 30% conviction (2yr+)
■ 20% medium
■ 50% new
Of the 10 current holders: 3 (30%) held >2 years, 2 held 1–2 years, and 5 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.
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Buying through price weakness — shares +153%, value +130%
Last quarter: funds added +153% more shares while total portfolio value only changed +130%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
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Steady discovery — ~5 new funds/quarter
3 → 3 → 2 → 4 → 5 new funds/Q
New funds entering each quarter: 3 → 2 → 4 → 5. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Veteran-anchored — 50% veterans vs 50% newcomers
■ 50% veterans
■ 0% 1-2yr
■ 50% new
Entry-cohort mix of 10 holders: 5 (50%) are 2+ year veterans, 0 entered 1–2 years ago, and 5 (50%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
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Elite ownership — 66% AUM from top-100 funds
66% from top-100 AUM funds
3 of 9 holders are among the 100 largest funds by AUM, controlling 66% of total institutional value in EURL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
Exit risk score 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.