Based on 95 hedge funds · latest filing: 2025 Q4 · updated quarterly
➡️
No change last quarter
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
📊
High ownership — 91% of 3.0Y peak
91% of all-time peak
95 funds currently hold this stock — 91% of the 3.0-year high of 104 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶
Steady growth — +16% more funds vs a year ago
fund count last 6Q
+13 new funds entered over the past year (+16% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🔴
Heavy selling pressure — only 32% buying
25 buying52 selling
Last quarter: 52 funds sold vs only 25 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
📈
More new buyers each quarter (+11 vs last Q)
new funds entering per quarter
Funds opening this position for the first time: 31 → 15 → 3 → 14. A growing number of new institutional buyers means the stock is still being discovered — the opportunity hasn't been fully priced in.
📌
Mixed — 27% long-term, 16% new
■ 27% conviction (2yr+)
■ 57% medium
■ 16% new
Of the 95 current holders: 26 (27%) held >2 years, 54 held 1–2 years, and 15 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.
⚠️
Saturation — most institutions already know this story
9 → 31 → 15 → 3 → 14 new funds/Q
New funds entering each quarter: 31 → 15 → 3 → 14. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
📊
Mixed cohorts — 31% veterans, 35% new entrants
■ 31% veterans
■ 35% 1-2yr
■ 35% new
Of 95 current holders: 29 (31%) held 2+ years, 33 held 1–2 years, 33 (35%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋
Smaller funds dominant — 6% top-100 AUM
6% from top-100 AUM funds
Only 6 of 95 current holders rank in the top 100 by AUM. The stock is held mostly by smaller and mid-sized funds — the largest institutional players haven't yet built significant positions.
Exit risk score 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.