Based on 60 hedge funds · latest filing: 2025 Q3 · updated quarterly
📉
Selling streak — 3 quarters in a row
For 3 consecutive quarters, more hedge funds reduced or closed their MURA positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🔻
Below peak — only 52% of 2.0Y high
52% of all-time peak
Only 60 funds hold MURA today versus a peak of 115 funds at 2023 Q4 — just 52% 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 — 14% fewer funds vs a year ago
fund count last 6Q
10 fewer hedge funds hold MURA compared to a year ago (-14% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠
More sellers than buyers — 43% buying
26 buying35 selling
Last quarter: 35 funds reduced or exited vs 26 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.
➡️
Steady new buyers — ~14 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 11 → 8 → 17 → 14. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
💎
Buying through price weakness — shares -32%, value -92%
Last quarter: funds added -32% more shares while total portfolio value only changed -92%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈
Growing discovery — still being found
9 → 11 → 8 → 17 → 14 new funds/Q
New funds entering each quarter: 11 → 8 → 17 → 14. A growing number of institutions are discovering MURA each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
Exit risk score 1.0/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.