Based on 631 hedge funds · latest filing: 2026 Q2 · updated quarterly
📈
Buying streak — 10 quarters in a row
For 10 consecutive quarters, more hedge funds added GRID 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
631 hedge funds hold GRID 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 — +103% more funds vs a year ago
fund count last 6Q
+320 new funds entered over the past year (+103% 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 — 78% buying
485 buying135 selling
Last quarter: 485 funds were net buyers (135 opened a brand new position + 350 added to an existing one). Only 135 were sellers (93 trimmed + 42 sold completely). A clear majority buying is a strong confirmation signal.
📈
More new buyers each quarter (+16 vs last Q)
new funds entering per quarter
Funds opening a new GRID position: 77 → 117 → 119 → 135. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
📌
Mixed — 28% long-term, 45% new
■ 28% conviction (2yr+)
■ 27% medium
■ 45% new
Of the 631 current holders: 176 (28%) held >2 years, 171 held 1–2 years, and 284 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.
💎
Buying through price weakness — shares +30%, value -47%
Last quarter: funds added +30% more shares while total portfolio value only changed -47%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈
Growing discovery — still being found
48 → 77 → 117 → 119 → 135 new funds/Q
New funds entering each quarter: 77 → 117 → 119 → 135. A growing number of institutions are discovering GRID each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
📊
Mixed cohorts — 33% veterans, 51% new entrants
■ 33% veterans
■ 17% 1-2yr
■ 51% new
Of 635 current holders: 207 (33%) held 2+ years, 105 held 1–2 years, 323 (51%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆
Elite ownership — 54% AUM from top-100 funds
54% from top-100 AUM funds
30 of 629 holders are among the 100 largest funds by AUM, controlling 54% of total institutional value in GRID. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
5.2
out of 10
Moderate Exit Risk
Exit risk score 5.2/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.