Based on 322 hedge funds · latest filing: 2025 Q4 · updated quarterly
📉 Selling streak — 3 quarters in a row
For 3 consecutive quarters, more hedge funds reduced or closed this position than added to it. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams deciding to exit.
🏔️ At the ownership peak (96% of max)
322 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.
〰️ Stable — ownership unchanged year-over-year
The number of hedge funds holding this stock is almost the same as a year ago (-7 funds, -2% change). No significant rush to buy or sell — the institutional base is holding steady.
🟡 Slight buying edge — 58% buying
Last quarter: 174 funds bought or added vs 127 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 — ~23 new funds per quarter
Funds opening this position for the first time: 36 → 22 → 27 → 23. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒 73% of holders stayed for 2+ years
236 out of 322 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.