Based on 100 hedge funds · latest filing: 2025 Q4 · updated quarterly
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Buying streak — 1 quarter in a row
For 1 consecutive quarter, more hedge funds added this stock 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 trade.
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High ownership — 81% of 3.0Y peak
81% of all-time peak
100 funds currently hold this stock — 81% of the 3.0-year high of 123 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
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Outflows — 19% fewer funds vs a year ago
fund count last 6Q
23 fewer hedge funds hold this stock compared to a year ago (-19% decline). When institutions consistently reduce exposure, it's worth asking what they know that retail investors don't.
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Slight buying edge — 52% buying
53 buying48 selling
Last quarter: 53 funds bought or added vs 48 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
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More new buyers each quarter (+10 vs last Q)
new funds entering per quarter
Funds opening this position for the first time: 25 → 27 → 12 → 22. A growing number of new institutional buyers means the stock is still being discovered — the opportunity hasn't been fully priced in.
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63% of holders stayed for 2+ years
■ 63% conviction (2yr+)
■ 24% medium
■ 13% new
63 out of 100 hedge funds have held this stock for over 2 years without selling. Long-term holders are harder to shake out during market dips — they represent a stable ownership base that reduces the risk of sudden mass selling.
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Peak discovery — momentum slowing
28 → 25 → 27 → 12 → 22 new funds/Q
New funds entering each quarter: 25 → 27 → 12 → 22. The stock is well-known in the hedge fund world but new entries are declining. The easy phase of institutional discovery may be behind us.
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Deep conviction — 76% of holders stayed 2+ years
■ 76% veterans
■ 8% 1-2yr
■ 16% new
Of 106 current holders: 81 (76%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
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Strong quality — 22% from major AUM funds
22% from top-100 AUM funds
22 of 100 current holders rank in the top 100 by AUM. A meaningful share of the ownership base comes from the most well-resourced institutions.
Exit risk score 2.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.