Based on 165 hedge funds · latest filing: 2026 Q2 · updated quarterly
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Buying streak — 1 quarter in a row
For 1 consecutive quarter, more hedge funds added GRPN 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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High ownership — 93% of 3.0Y peak
93% of all-time peak
165 funds currently hold this stock — 93% of the 3.0-year high of 178 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
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Stable — ownership unchanged year-over-year
fund count last 6Q
The number of hedge funds holding GRPN is almost the same as a year ago (-2 funds, -1% change). No significant rush to buy or sell — institutional backing is holding steady.
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Slight buying edge — 57% buying
102 buying78 selling
Last quarter: 102 funds bought or added vs 78 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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More new buyers each quarter (+14 vs last Q)
new funds entering per quarter
Funds opening a new GRPN position: 47 → 28 → 33 → 47. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒
52% of holders stayed for 2+ years
■ 52% conviction (2yr+)
■ 18% medium
■ 30% new
85 out of 165 hedge funds have held GRPN 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 +136% but shares only +13% — price-driven
Last quarter: the total dollar value of institutional holdings rose +136%, but actual share count only changed +13%. 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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Steady discovery — ~47 new funds/quarter
61 → 47 → 28 → 33 → 47 new funds/Q
New funds entering each quarter: 47 → 28 → 33 → 47. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Veteran-anchored — 66% veterans vs 26% newcomers
■ 66% veterans
■ 8% 1-2yr
■ 26% new
Entry-cohort mix of 187 holders: 123 (66%) are 2+ year veterans, 15 entered 1–2 years ago, and 49 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
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Strong quality — 33% AUM from major funds
33% from top-100 AUM funds
37 of 159 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
Exit risk score 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.