Based on 10 hedge funds · latest filing: 2025 Q3 · updated quarterly
➡️
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.
🔻
Below peak — only 33% of 2.8Y high
33% of all-time peak
Only 10 funds hold this stock today versus a peak of 30 funds at 2023 Q3 — just 33% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
📉
Outflows — 50% fewer funds vs a year ago
fund count last 6Q
10 fewer hedge funds hold this stock compared to a year ago (-50% decline). When institutions consistently reduce exposure, it's worth asking what they know that retail investors don't.
🟡
Slight buying edge — 50% buying
4 buying4 selling
Last quarter: 4 funds bought or added vs 4 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.
➡️
Steady new buyers — ~1 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 0 → 3 → 2 → 1. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌
Mixed — 30% long-term, 20% new
■ 30% conviction (2yr+)
■ 50% medium
■ 20% new
Of the 10 current holders: 3 (30%) held >2 years, 5 held 1–2 years, and 2 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
➡️
Steady discovery — ~1 new funds/quarter
0 → 0 → 3 → 2 → 1 new funds/Q
New funds entering each quarter: 0 → 3 → 2 → 1. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊
Mixed cohorts — 20% veterans, 20% new entrants
■ 20% veterans
■ 60% 1-2yr
■ 20% new
Of 10 current holders: 2 (20%) held 2+ years, 6 held 1–2 years, 2 (20%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
✅
Strong quality — 20% from major AUM funds
20% from top-100 AUM funds
2 of 10 current holders rank in the top 100 by AUM. A meaningful share of the ownership base comes from the most well-resourced institutions.
Exit risk score 1.0/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.