Based on 272 hedge funds · latest filing: 2026 Q1 · updated quarterly
📈
Buying streak — 8 quarters in a row
For 8 consecutive quarters, more hedge funds added GLTR 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.
🏔️
At the ownership peak (100% of max)
100% of all-time peak
272 hedge funds hold GLTR 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 classic 'crowded trade' — high popularity doesn't equal safety.
🚀
Fast accumulation — +74% more funds vs a year ago
fund count last 6Q
+116 new funds entered over the past year (+74% 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.
🟢
More buyers than sellers — 60% buying
147 buying98 selling
Last quarter: 147 funds were net buyers (68 opened a brand new position + 79 added to an existing one). Only 98 were sellers (73 trimmed + 25 sold completely). A clear majority buying is a strong confirmation signal.
➡️
Steady new buyers — ~68 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 30 → 30 → 64 → 68. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌
Mixed — 35% long-term, 43% new
■ 35% conviction (2yr+)
■ 21% medium
■ 43% new
Of the 272 current holders: 96 (35%) held >2 years, 58 held 1–2 years, and 118 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.
💰
Price up while funds trimmed (-1% value, -39% shares)
Last quarter: total value of institutional GLTR holdings rose -1% even though funds reduced share count by 39%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
🚀
Acceleration phase — new buyers rushing in
26 → 30 → 30 → 64 → 68 new funds/Q
New funds entering each quarter: 30 → 30 → 64 → 68. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️
Veteran-anchored — 42% veterans vs 49% newcomers
■ 42% veterans
■ 9% 1-2yr
■ 49% new
Entry-cohort mix of 272 holders: 113 (42%) are 2+ year veterans, 25 entered 1–2 years ago, and 134 (49%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆
Elite ownership — 48% AUM from top-100 funds
48% from top-100 AUM funds
19 of 272 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in GLTR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
5.0
out of 10
Moderate Exit Risk
Exit risk score 5.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.