Based on 862 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 this stock 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 trade.
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At the ownership peak (95% of max)
95% of all-time peak
862 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.
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Stable — ownership unchanged year-over-year
fund count last 6Q
The number of hedge funds holding this stock is almost the same as a year ago (-26 funds, -3% change). No significant rush to buy or sell — the institutional base is holding steady.
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More sellers than buyers — 45% buying
395 buying475 selling
Last quarter: 475 funds reduced or exited vs 395 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
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More new buyers each quarter (+45 vs last Q)
new funds entering per quarter
Funds opening this position for the first time: 96 → 97 → 69 → 114. A growing number of new institutional buyers means the stock is still being discovered — the opportunity hasn't been fully priced in.
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67% of holders stayed for 2+ years
■ 67% conviction (2yr+)
■ 20% medium
■ 13% new
579 out of 862 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.
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Steady discovery — ~114 new funds/quarter
91 → 96 → 97 → 69 → 114 new funds/Q
New funds entering each quarter: 96 → 97 → 69 → 114. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Deep conviction — 70% of holders stayed 2+ years
■ 70% veterans
■ 13% 1-2yr
■ 17% new
Of 884 current holders: 623 (70%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
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Smaller funds dominant — 5% top-100 AUM
5% from top-100 AUM funds
Only 43 of 862 current holders rank in the top 100 by AUM. The stock is held mostly by smaller and mid-sized funds — the largest institutional players haven't yet built significant positions.
Exit risk score 3.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.