Based on 46 hedge funds · latest filing: 2025 Q4 · updated quarterly
📈
Buying streak — 2 quarters in a row
For 2 consecutive quarters, more hedge funds added FLGV 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
46 hedge funds hold FLGV 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.
🚀
Fast accumulation — +48% more funds vs a year ago
fund count last 6Q
+15 new funds entered over the past year (+48% 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 — 74% buying
32 buying11 selling
Last quarter: 32 funds were net buyers (13 opened a brand new position + 19 added to an existing one). Only 11 were sellers (8 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.
➡️
Steady new buyers — ~13 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 7 → 4 → 9 → 13. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌
Mixed — 33% long-term, 41% new
■ 33% conviction (2yr+)
■ 26% medium
■ 41% new
Of the 46 current holders: 15 (33%) held >2 years, 12 held 1–2 years, and 19 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.
📈
Growing discovery — still being found
7 → 7 → 4 → 9 → 13 new funds/Q
New funds entering each quarter: 7 → 4 → 9 → 13. A growing number of institutions are discovering FLGV each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
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Mixed cohorts — 35% veterans, 52% new entrants
■ 35% veterans
■ 13% 1-2yr
■ 52% new
Of 46 current holders: 16 (35%) held 2+ years, 6 held 1–2 years, 24 (52%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆
Elite ownership — 84% AUM from top-100 funds
84% from top-100 AUM funds
8 of 46 holders are among the 100 largest funds by AUM, controlling 84% of total institutional value in FLGV. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.5
out of 10
Moderate Exit Risk
Exit risk score 4.5/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.