Based on 39 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 — 93% of 3.0Y peak
39 funds currently hold this stock — 93% of the 3.0-year high of 42 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶 Steady growth — +18% more funds vs a year ago
+6 new funds entered over the past year (+18% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🔴 Heavy selling pressure — only 32% buying
Last quarter: 21 funds sold vs only 10 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️ Steady new buyers — ~4 new funds per quarter
Funds opening this position for the first time: 11 → 8 → 3 → 4. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌 Mixed — 38% long-term, 21% new
Of the 39 current holders: 15 (38%) held >2 years, 16 held 1–2 years, and 8 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.