Based on 536 hedge funds · latest filing: 2026 Q1 · updated quarterly
📈
Buying streak — 9 quarters in a row
For 9 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
536 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 — +84% more funds vs a year ago
fund count last 6Q
+244 new funds entered over the past year (+84% 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 — 75% buying
391 buying128 selling
Last quarter: 391 funds were net buyers (117 opened a brand new position + 274 added to an existing one). Only 128 were sellers (90 trimmed + 38 sold completely). A clear majority buying is a strong confirmation signal.
➡️
Steady new buyers — ~117 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 47 → 77 → 117 → 117. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌
Mixed — 30% long-term, 43% new
■ 30% conviction (2yr+)
■ 27% medium
■ 43% new
Of the 536 current holders: 162 (30%) held >2 years, 143 held 1–2 years, and 231 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.
🚀
Acceleration phase — new buyers rushing in
45 → 47 → 77 → 117 → 117 new funds/Q
New funds entering each quarter: 47 → 77 → 117 → 117. 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.
📊
Mixed cohorts — 35% veterans, 48% new entrants
■ 35% veterans
■ 17% 1-2yr
■ 48% new
Of 543 current holders: 190 (35%) held 2+ years, 90 held 1–2 years, 263 (48%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋
Smaller funds dominant — 19% AUM from top-100
19% from top-100 AUM funds
28 of 536 holders rank in the top 100 by AUM, but together hold only 19% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
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.