Based on 5 hedge funds · latest filing: 2025 Q3 · updated quarterly
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No change last quarter
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
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High ownership — 71% of 3.0Y peak
71% of all-time peak
5 funds currently hold this stock — 71% of the 3.0-year high of 7 funds (reached 2024 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
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Outflows — 29% fewer funds vs a year ago
fund count last 6Q
2 fewer hedge funds hold HKND compared to a year ago (-29% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
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More buyers than sellers — 67% buying
4 buying2 selling
Last quarter: 4 funds were net buyers (1 opened a brand new position + 3 added to an existing one). Only 2 were sellers (1 trimmed + 1 sold completely). A clear majority buying is a strong confirmation signal.
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Steady new buyers — ~1 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 0 → 1 → 1 → 1. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
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Steady discovery — ~1 new funds/quarter
2 → 0 → 1 → 1 → 1 new funds/Q
New funds entering each quarter: 0 → 1 → 1 → 1. Consistent flow of new institutional buyers without clear acceleration or slowdown.
Exit risk score 1.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.