Based on 4 hedge funds · latest filing: 2025 Q3 · updated quarterly
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Selling streak — 1 quarter in a row
For 1 consecutive quarter, 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.
🔻
Below peak — only 67% of 2.5Y high
67% of all-time peak
Only 4 funds hold this stock today versus a peak of 6 funds at 2023 Q4 — just 67% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
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Stable — ownership unchanged year-over-year
fund count last 6Q
The number of hedge funds holding this stock is almost the same as a year ago (+0 funds, +0% change). No significant rush to buy or sell — the institutional base is holding steady.
🔴
Heavy selling pressure — only 20% buying
1 buying4 selling
Last quarter: 4 funds sold vs only 1 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️
Steady new buyers — ~0 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 1 → 1 → 3 → 0. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
💰
Price up while funds trimmed (+26% value, -20% shares)
Last quarter: total value of institutional EVAV holdings rose +26% even though funds reduced share count by 20%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
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Growing discovery — still being found
1 → 1 → 1 → 3 → 0 new funds/Q
New funds entering each quarter: 1 → 1 → 3 → 0. A growing number of institutions are discovering this stock each quarter. The idea is still spreading — there is room for more buyers to enter.
Exit risk score 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.