Based on 11 hedge funds · latest filing: 2026 Q1 · updated quarterly
➡️
No change last quarter
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
🔻
Below peak — only 65% of 3.0Y high
65% of all-time peak
Only 11 funds hold MOVE today versus a peak of 17 funds at 2025 Q1 — just 65% 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 — 35% fewer funds vs a year ago
fund count last 6Q
6 fewer hedge funds hold MOVE compared to a year ago (-35% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟢
More buyers than sellers — 64% buying
7 buying4 selling
Last quarter: 7 funds were net buyers (4 opened a brand new position + 3 added to an existing one). Only 4 were sellers (0 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.
➡️
Steady new buyers — ~4 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 4 → 4 → 2 → 4. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄
Mostly new holders — 45% entered in last year
■ 0% conviction (2yr+)
■ 55% medium
■ 45% 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.
💰
Value +142% but shares only +46% — price-driven
Last quarter: the total dollar value of institutional holdings rose +142%, but actual share count only changed +46%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📊
Peak discovery — momentum slowing
4 → 4 → 4 → 2 → 4 new funds/Q
New funds entering each quarter: 4 → 4 → 2 → 4. MOVE is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🌱
Early stage — 64% of holders entered in last year
■ 0% veterans
■ 36% 1-2yr
■ 64% new
Of 11 current holders: 7 (64%) entered in the past year, only 0 (0%) 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 — 5% AUM from top-100
5% from top-100 AUM funds
2 of 11 holders rank in the top 100 by AUM, but together hold only 5% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
Exit risk score 2.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.