Based on 316 hedge funds · latest filing: 2025 Q4 · updated quarterly
📈
Buying streak — 2 quarters in a row
For 2 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
316 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 — +5% more funds vs a year ago
fund count last 6Q
+16 new funds entered over the past year (+5% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢
More buyers than sellers — 66% buying
208 buying109 selling
Last quarter: 208 funds were net buyers (45 opened a brand new position + 163 added to an existing one). Only 109 were sellers (76 trimmed + 33 sold completely). A clear majority buying is a strong confirmation signal.
➡️
Steady new buyers — ~45 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 42 → 32 → 42 → 45. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒
56% of holders stayed for 2+ years
■ 56% conviction (2yr+)
■ 28% medium
■ 16% new
176 out of 316 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.
💎
Buying through price weakness — shares +3%, value -82%
Last quarter: funds added +3% more shares while total portfolio value only changed -82%. 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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Growing discovery — still being found
52 → 42 → 32 → 42 → 45 new funds/Q
New funds entering each quarter: 42 → 32 → 42 → 45. A growing number of institutions are discovering this stock each quarter. The idea is still spreading — there is room for more buyers to enter.
🏛️
Deep conviction — 61% of holders stayed 2+ years
■ 61% veterans
■ 17% 1-2yr
■ 22% new
Of 316 current holders: 193 (61%) 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.
📋
Smaller funds dominant — 5% top-100 AUM
5% from top-100 AUM funds
Only 15 of 316 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 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.