Based on 5 hedge funds · latest filing: 2026 Q2 · updated quarterly
📉
Selling streak — 1 quarter in a row
For 1 consecutive quarter, more hedge funds reduced or closed their LAWR positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊
High ownership — 83% of 1.8Y peak
83% of all-time peak
5 funds currently hold this stock — 83% of the 1.8-year high of 6 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀
Fast accumulation — +400% more funds vs a year ago
fund count last 6Q
+4 new funds entered over the past year (+400% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks. The peak was reached in just 4 quarters from the low — a sharp move.
🔴
Heavy selling pressure — only 0% buying
0 buying1 selling
Last quarter: 1 funds sold vs only 0 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️
Steady new buyers — ~0 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 2 → 4 → 0 → 0. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄
Mostly new holders — 60% entered in last year
■ 0% conviction (2yr+)
■ 40% medium
■ 60% new
Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
⚠️
Saturation — most institutions already know this story
0 → 2 → 4 → 0 → 0 new funds/Q
New funds entering each quarter: 2 → 4 → 0 → 0. 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 — 80% of holders entered in last year
■ 20% veterans
■ 0% 1-2yr
■ 80% new
Of 5 current holders: 4 (80%) entered in the past year, only 1 (20%) 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.
🏆
Elite ownership — 58% AUM from top-100 funds
58% from top-100 AUM funds
3 of 5 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in LAWR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
Exit risk score 7.5/10 — multiple crowding signals converge. Institutional ownership is at 83% of its all-time high — near peak crowding. Selling pressure exceeds buying: only 0% of active funds buying. Crowded trades can unwind fast — a single catalyst can trigger a cascade.