Based on 68 hedge funds · latest filing: 2025 Q4 · updated quarterly
📈
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.
📊
High ownership — 94% of 3.0Y peak
94% of all-time peak
68 funds currently hold this stock — 94% of the 3.0-year high of 72 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶
Steady growth — +5% more funds vs a year ago
fund count last 6Q
+3 new funds entered over the past year (+5% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢
More buyers than sellers — 71% buying
44 buying18 selling
Last quarter: 44 funds were net buyers (20 opened a brand new position + 24 added to an existing one). Only 18 were sellers (10 trimmed + 8 sold completely). A clear majority buying is a strong confirmation signal.
📈
More new buyers each quarter (+10 vs last Q)
new funds entering per quarter
Funds opening this position for the first time: 13 → 22 → 10 → 20. A growing number of new institutional buyers means the stock is still being discovered — the opportunity hasn't been fully priced in.
📌
Mixed — 31% long-term, 43% new
■ 31% conviction (2yr+)
■ 26% medium
■ 43% new
Of the 68 current holders: 21 (31%) held >2 years, 18 held 1–2 years, and 29 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
➡️
Steady discovery — ~20 new funds/quarter
29 → 13 → 22 → 10 → 20 new funds/Q
New funds entering each quarter: 13 → 22 → 10 → 20. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊
Mixed cohorts — 37% veterans, 46% new entrants
■ 37% veterans
■ 18% 1-2yr
■ 46% new
Of 68 current holders: 25 (37%) held 2+ years, 12 held 1–2 years, 31 (46%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
✅
Strong quality — 29% from major AUM funds
29% from top-100 AUM funds
20 of 68 current holders rank in the top 100 by AUM. A meaningful share of the ownership base comes from the most well-resourced institutions.
Exit risk score 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.