Based on 10 hedge funds · latest filing: 2026 Q1 · updated quarterly
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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.
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High ownership — 83% of 2.5Y peak
83% of all-time peak
10 funds currently hold this stock — 83% of the 2.5-year high of 12 funds (reached 2024 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
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Outflows — 9% fewer funds vs a year ago
fund count last 6Q
1 fewer hedge funds hold MSS compared to a year ago (-9% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
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Slight buying edge — 56% buying
9 buying7 selling
Last quarter: 9 funds bought or added vs 7 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
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Steady new buyers — ~7 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 1 → 1 → 4 → 7. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
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Mostly new holders — 60% entered in last year
■ 20% conviction (2yr+)
■ 20% medium
■ 60% new
Only 2 funds (20%) 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.
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Buying through price weakness — shares +156%, value +4%
Last quarter: funds added +156% more shares while total portfolio value only changed +4%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
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Steady discovery — ~7 new funds/quarter
4 → 1 → 1 → 4 → 7 new funds/Q
New funds entering each quarter: 1 → 1 → 4 → 7. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Mixed cohorts — 30% veterans, 20% new entrants
■ 30% veterans
■ 50% 1-2yr
■ 20% new
Of 10 current holders: 3 (30%) held 2+ years, 5 held 1–2 years, 2 (20%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
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Elite ownership — 54% AUM from top-100 funds
54% from top-100 AUM funds
3 of 10 holders are among the 100 largest funds by AUM, controlling 54% of total institutional value in MSS. 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 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.