Based on 129 hedge funds · latest filing: 2025 Q4 · updated quarterly
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Buying streak — 3 quarters in a row
For 3 consecutive quarters, more hedge funds added GOOS 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.
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At the ownership peak (100% of max)
100% of all-time peak
129 hedge funds hold GOOS 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.
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Steady growth — +15% more funds vs a year ago
fund count last 6Q
+17 new funds entered over the past year (+15% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
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Slight buying edge — 54% buying
77 buying66 selling
Last quarter: 77 funds bought or added vs 66 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.
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Steady new buyers — ~33 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 21 → 24 → 30 → 33. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
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65% of holders stayed for 2+ years
■ 65% conviction (2yr+)
■ 16% medium
■ 19% new
84 out of 129 hedge funds have held GOOS 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.
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Value +713% but shares only +110% — price-driven
Last quarter: the total dollar value of institutional holdings rose +713%, but actual share count only changed +110%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
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Growing discovery — still being found
19 → 21 → 24 → 30 → 33 new funds/Q
New funds entering each quarter: 21 → 24 → 30 → 33. A growing number of institutions are discovering GOOS each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
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Deep conviction — 74% of holders stayed 2+ years
■ 74% veterans
■ 6% 1-2yr
■ 19% new
Of 149 current holders: 111 (74%) 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.
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Elite ownership — 92% AUM from top-100 funds
92% from top-100 AUM funds
24 of 129 holders are among the 100 largest funds by AUM, controlling 92% of total institutional value in GOOS. 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 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.