Based on 238 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 HIMU 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 — 92% of 3.0Y peak
92% of all-time peak
238 funds currently hold this stock — 92% of the 3.0-year high of 259 funds (reached 2025 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 — +16% more funds vs a year ago
fund count last 6Q
+33 new funds entered over the past year (+16% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
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Slight buying edge — 57% buying
143 buying108 selling
Last quarter: 143 funds bought or added vs 108 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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Steady new buyers — ~41 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 45 → 55 → 46 → 41. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
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Mostly new holders — 38% entered in last year
■ 1% conviction (2yr+)
■ 61% medium
■ 38% new
Only 2 funds (1%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
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Steady discovery — ~41 new funds/quarter
53 → 45 → 55 → 46 → 41 new funds/Q
New funds entering each quarter: 45 → 55 → 46 → 41. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Mixed cohorts — 1% veterans, 53% new entrants
■ 1% veterans
■ 45% 1-2yr
■ 53% new
Of 238 current holders: 3 (1%) held 2+ years, 108 held 1–2 years, 127 (53%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
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Elite ownership — 64% AUM from top-100 funds
64% from top-100 AUM funds
18 of 238 holders are among the 100 largest funds by AUM, controlling 64% of total institutional value in HIMU. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.