Based on 104 hedge funds · latest filing: 2025 Q4 · updated quarterly
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Buying streak — 2 quarters in a row
For 2 consecutive quarters, 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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At the ownership peak (100% of max)
100% of all-time peak
104 hedge funds hold this stock 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 'crowded trade' — high ownership doesn't mean safe.
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Fast accumulation — +28% more funds vs a year ago
fund count last 6Q
+23 new funds entered over the past year (+28% 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.
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More buyers than sellers — 61% buying
54 buying34 selling
Last quarter: 54 funds were net buyers (15 opened a brand new position + 39 added to an existing one). Only 34 were sellers (31 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.
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Steady new buyers — ~15 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 18 → 9 → 12 → 15. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
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51% of holders stayed for 2+ years
■ 51% conviction (2yr+)
■ 26% medium
■ 23% new
53 out of 104 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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Steady discovery — ~15 new funds/quarter
7 → 18 → 9 → 12 → 15 new funds/Q
New funds entering each quarter: 18 → 9 → 12 → 15. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Deep conviction — 61% of holders stayed 2+ years
■ 61% veterans
■ 15% 1-2yr
■ 24% new
Of 104 current holders: 63 (61%) 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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Elite ownership — 50% AUM from top-100 funds
50% from top-100 AUM funds
26 of 104 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in this stock. When the biggest players hold the majority of a position, it reflects deep institutional conviction — large funds have the most resources for due diligence and the most at stake.
Exit risk score 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.