Based on 89 hedge funds · latest filing: 2024 Q2 · updated quarterly
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Buying streak — 3 quarters in a row
For 3 consecutive quarters, more hedge funds added GTHX 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 — 83% of 3.0Y peak
83% of all-time peak
89 funds currently hold this stock — 83% of the 3.0-year high of 107 funds (reached 2022 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
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Steady growth — +19% more funds vs a year ago
fund count last 6Q
+14 new funds entered over the past year (+19% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
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More buyers than sellers — 60% buying
62 buying42 selling
Last quarter: 62 funds were net buyers (30 opened a brand new position + 32 added to an existing one). Only 42 were sellers (18 trimmed + 24 sold completely). A clear majority buying is a strong confirmation signal.
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More new buyers each quarter (+12 vs last Q)
new funds entering per quarter
Funds opening a new GTHX position: 11 → 19 → 18 → 30. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
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Buying through price weakness — shares +37%, value -68%
Last quarter: funds added +37% more shares while total portfolio value only changed -68%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
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Acceleration phase — new buyers rushing in
14 → 11 → 19 → 18 → 30 new funds/Q
New funds entering each quarter: 11 → 19 → 18 → 30. 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.
Exit risk score 2.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.