Based on 220 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 this stock 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 trade.
🏔️
At the ownership peak (100% of max)
100% of all-time peak
220 hedge funds hold this stock 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 'crowded trade' — high ownership doesn't mean safe.
📶
Steady growth — +15% more funds vs a year ago
fund count last 6Q
+29 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.
🟢
More buyers than sellers — 60% buying
115 buying76 selling
Last quarter: 115 funds were net buyers (22 opened a brand new position + 93 added to an existing one). Only 76 were sellers (66 trimmed + 10 sold completely). A clear majority buying is a strong confirmation signal.
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Steady new buyers — ~22 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 20 → 26 → 23 → 22. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒
72% of holders stayed for 2+ years
■ 72% conviction (2yr+)
■ 15% medium
■ 13% new
159 out of 220 hedge funds have held this stock for over 2 years without selling. Long-term holders are harder to shake out during market dips — they represent a stable ownership base that reduces the risk of sudden mass selling.
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Steady discovery — ~22 new funds/quarter
16 → 20 → 26 → 23 → 22 new funds/Q
New funds entering each quarter: 20 → 26 → 23 → 22. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Deep conviction — 70% of holders stayed 2+ years
■ 70% veterans
■ 15% 1-2yr
■ 15% new
Of 220 current holders: 154 (70%) 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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Smaller funds dominant — 6% top-100 AUM
6% from top-100 AUM funds
Only 14 of 220 current holders rank in the top 100 by AUM. The stock is held mostly by smaller and mid-sized funds — the largest institutional players haven't yet built significant positions.
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.