Based on 35 hedge funds · latest filing: 2025 Q4 · updated quarterly
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Buying streak — 1 quarter in a row
For 1 consecutive quarter, more hedge funds added JUNW 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 momentum flip.
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High ownership — 85% of 2.8Y peak
85% of all-time peak
35 funds currently hold this stock — 85% of the 2.8-year high of 41 funds (reached 2024 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
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Outflows — 12% fewer funds vs a year ago
fund count last 6Q
5 fewer hedge funds hold JUNW compared to a year ago (-12% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
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Heavy selling pressure — only 37% buying
10 buying17 selling
Last quarter: 17 funds sold vs only 10 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
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Steady new buyers — ~5 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 4 → 8 → 3 → 5. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
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Mixed — 34% long-term, 26% new
■ 34% conviction (2yr+)
■ 40% medium
■ 26% new
Of the 35 current holders: 12 (34%) held >2 years, 14 held 1–2 years, and 9 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.
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Peak discovery — momentum slowing
11 → 4 → 8 → 3 → 5 new funds/Q
New funds entering each quarter: 4 → 8 → 3 → 5. JUNW is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
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Mixed cohorts — 34% veterans, 29% new entrants
■ 34% veterans
■ 37% 1-2yr
■ 29% new
Of 35 current holders: 12 (34%) held 2+ years, 13 held 1–2 years, 10 (29%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
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Smaller funds dominant — 10% AUM from top-100
10% from top-100 AUM funds
4 of 35 holders rank in the top 100 by AUM, but together hold only 10% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.