Based on 10 hedge funds · latest filing: 2025 Q4 · updated quarterly
📉
Selling streak — 2 quarters in a row
For 2 consecutive quarters, more hedge funds reduced or closed this position than added to it. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams deciding to exit.
🔻
Below peak — only 62% of 2.0Y high
62% of all-time peak
Only 10 funds hold this stock today versus a peak of 16 funds at 2025 Q2 — just 62% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
🚀
Fast accumulation — +900% more funds vs a year ago
fund count last 6Q
+9 new funds entered over the past year (+900% 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.
🔴
Heavy selling pressure — only 0% buying
0 buying8 selling
Last quarter: 8 funds sold vs only 0 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️
Steady new buyers — ~0 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 0 → 15 → 1 → 0. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄
Mostly new holders — 90% entered in last year
■ 0% conviction (2yr+)
■ 10% medium
■ 90% new
Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💎
Buying through price weakness — shares -15%, value -99%
Last quarter: funds added -15% more shares while total portfolio value only changed -99%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
⚠️
Saturation — most institutions already know this story
0 → 0 → 15 → 1 → 0 new funds/Q
New funds entering each quarter: 0 → 15 → 1 → 0. 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.
🌱
Early stage — 90% of holders entered in last year
■ 10% veterans
■ 0% 1-2yr
■ 90% new
Of 10 current holders: 9 (90%) entered in the past year, only 1 (10%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
✅
Strong quality — 30% from major AUM funds
30% from top-100 AUM funds
3 of 10 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 7.8/10 — multiple crowding signals converge. Selling pressure exceeds buying: only 0% of active funds buying. Crowded trades can unwind fast — a single catalyst can trigger a cascade.