Based on 40 hedge funds · latest filing: 2026 Q1 · updated quarterly
📈
Buying streak — 2 quarters in a row
For 2 consecutive quarters, more hedge funds added FLTW 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
40 hedge funds hold FLTW 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 — +25% more funds vs a year ago
fund count last 6Q
+8 new funds entered over the past year (+25% 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 — 66% buying
27 buying14 selling
Last quarter: 27 funds were net buyers (12 opened a brand new position + 15 added to an existing one). Only 14 were sellers (9 trimmed + 5 sold completely). A clear majority buying is a strong confirmation signal.
➡️
Steady new buyers — ~12 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 4 → 3 → 7 → 12. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌
Mixed — 30% long-term, 32% new
■ 30% conviction (2yr+)
■ 38% medium
■ 32% new
Of the 40 current holders: 12 (30%) held >2 years, 15 held 1–2 years, and 13 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
10 → 4 → 3 → 7 → 12 new funds/Q
New funds entering each quarter: 4 → 3 → 7 → 12. A growing number of institutions are discovering FLTW each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
📊
Mixed cohorts — 35% veterans, 42% new entrants
■ 35% veterans
■ 22% 1-2yr
■ 42% new
Of 40 current holders: 14 (35%) held 2+ years, 9 held 1–2 years, 17 (42%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆
Elite ownership — 72% AUM from top-100 funds
72% from top-100 AUM funds
16 of 40 holders are among the 100 largest funds by AUM, controlling 72% of total institutional value in FLTW. 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.