Based on 25 hedge funds · latest filing: 2025 Q2 · updated quarterly
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Selling streak — 1 quarter in a row
For 1 consecutive quarter, 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.
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High ownership — 74% of 1.5Y peak
74% of all-time peak
25 funds currently hold this stock — 74% of the 1.5-year high of 34 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
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Outflows — 7% fewer funds vs a year ago
fund count last 6Q
2 fewer hedge funds hold this stock compared to a year ago (-7% decline). When institutions consistently reduce exposure, it's worth asking what they know that retail investors don't.
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Heavy selling pressure — only 34% buying
10 buying19 selling
Last quarter: 19 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: 3 → 5 → 4 → 5. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
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Price up while funds trimmed (-7% value, -31% shares)
Last quarter: total value of institutional JVSAR holdings rose -7% even though funds reduced share count by 31%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
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Steady discovery — ~5 new funds/quarter
14 → 3 → 5 → 4 → 5 new funds/Q
New funds entering each quarter: 3 → 5 → 4 → 5. Consistent flow of new institutional buyers without clear acceleration or slowdown.
Exit risk score 2.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.