Based on 4 hedge funds · latest filing: 2026 Q1 · updated quarterly
📉
Selling streak — 7 quarters in a row
For 7 consecutive quarters, more hedge funds reduced or closed their IRBT positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🔻
Below peak — only 2% of 3.0Y high
2% of all-time peak
Only 4 funds hold IRBT today versus a peak of 210 funds at 2023 Q4 — just 2% 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 — 97% fewer funds vs a year ago
fund count last 6Q
143 fewer hedge funds hold IRBT compared to a year ago (-97% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🔴
Heavy selling pressure — only 9% buying
2 buying20 selling
Last quarter: 20 funds sold vs only 2 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
⚠️
Fewer new buyers each quarter (-8 vs last Q)
new funds entering per quarter
Funds opening this position for the first time: 26 → 19 → 10 → 2. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
📌
Mixed — 25% long-term, 75% new
■ 25% conviction (2yr+)
■ 0% medium
■ 75% new
Of the 4 current holders: 1 (25%) held >2 years, 0 held 1–2 years, and 3 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.
💰
Price up while funds trimmed (+4% value, -95% shares)
Last quarter: total value of institutional IRBT holdings rose +4% even though funds reduced share count by 95%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
⚠️
Saturation — most institutions already know this story
20 → 26 → 19 → 10 → 2 new funds/Q
New funds entering each quarter: 26 → 19 → 10 → 2. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
🌱
Early stage — 75% of holders entered in last year
■ 25% veterans
■ 0% 1-2yr
■ 75% new
Of 4 current holders: 3 (75%) entered in the past year, only 1 (25%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
📋
Smaller funds dominant — 0% AUM from top-100
0% from top-100 AUM funds
0 of 4 holders rank in the top 100 by AUM, but together hold only 0% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.