Based on 325 hedge funds · latest filing: 2025 Q4 · updated quarterly
📈
Buying streak — 1 quarter in a row
For 1 consecutive quarter, more hedge funds added FRPT 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.
📊
High ownership — 85% of 3.0Y peak
85% of all-time peak
325 funds currently hold this stock — 85% of the 3.0-year high of 381 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉
Outflows — 15% fewer funds vs a year ago
fund count last 6Q
56 fewer hedge funds hold FRPT compared to a year ago (-15% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡
Slight buying edge — 58% buying
212 buying152 selling
Last quarter: 212 funds bought or added vs 152 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.
📈
More new buyers each quarter (+33 vs last Q)
new funds entering per quarter
Funds opening a new FRPT position: 63 → 60 → 49 → 82. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒
55% of holders stayed for 2+ years
■ 55% conviction (2yr+)
■ 22% medium
■ 24% new
178 out of 325 hedge funds have held FRPT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️
Steady discovery — ~82 new funds/quarter
65 → 63 → 60 → 49 → 82 new funds/Q
New funds entering each quarter: 63 → 60 → 49 → 82. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️
Deep conviction — 62% of holders stayed 2+ years
■ 62% veterans
■ 10% 1-2yr
■ 27% new
Of 340 current holders: 212 (62%) 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.
🏆
Elite ownership — 43% AUM from top-100 funds
43% from top-100 AUM funds
43 of 325 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in FRPT. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
Exit risk score 2.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.