Based on 47 hedge funds · latest filing: 2026 Q1 · updated quarterly
📈
Buying streak — 1 quarter in a row
For 1 consecutive quarter, more hedge funds added FFOG 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.
🏔️
At the ownership peak (100% of max)
100% of all-time peak
47 hedge funds hold FFOG right now — the highest count in 2.5 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.
🚀
Fast accumulation — +52% more funds vs a year ago
fund count last 6Q
+16 new funds entered over the past year (+52% 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.
🟢
More buyers than sellers — 65% buying
28 buying15 selling
Last quarter: 28 funds were net buyers (13 opened a brand new position + 15 added to an existing one). Only 15 were sellers (9 trimmed + 6 sold completely). A clear majority buying is a strong confirmation signal.
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More new buyers each quarter (+7 vs last Q)
new funds entering per quarter
Funds opening a new FFOG position: 11 → 9 → 6 → 13. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
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Mostly new holders — 32% entered in last year
■ 6% conviction (2yr+)
■ 62% medium
■ 32% new
Only 3 funds (6%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
➡️
Steady discovery — ~13 new funds/quarter
7 → 11 → 9 → 6 → 13 new funds/Q
New funds entering each quarter: 11 → 9 → 6 → 13. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Mixed cohorts — 15% veterans, 51% new entrants
■ 15% veterans
■ 34% 1-2yr
■ 51% new
Of 47 current holders: 7 (15%) held 2+ years, 16 held 1–2 years, 24 (51%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆
Elite ownership — 55% AUM from top-100 funds
55% from top-100 AUM funds
8 of 47 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in FFOG. 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.