Based on 2 hedge funds · latest filing: 2025 Q1 · updated quarterly
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Selling streak — 1 quarter in a row
For 1 consecutive quarter, more hedge funds reduced or closed their GLSTR positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
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Below peak — only 7% of 2.5Y high
7% of all-time peak
Only 2 funds hold GLSTR today versus a peak of 27 funds at 2024 Q1 — just 7% 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.
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Outflows — 93% fewer funds vs a year ago
fund count last 6Q
25 fewer hedge funds hold GLSTR compared to a year ago (-93% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
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Heavy selling pressure — only 8% buying
2 buying24 selling
Last quarter: 24 funds sold vs only 2 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
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Steady new buyers — ~1 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 0 → 1 → 3 → 1. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
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Steady discovery — ~1 new funds/quarter
2 → 0 → 1 → 3 → 1 new funds/Q
New funds entering each quarter: 0 → 1 → 3 → 1. Consistent flow of new institutional buyers without clear acceleration or slowdown.
Exit risk score 2.1/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.