Based on 79 hedge funds · latest filing: 2025 Q4 · updated quarterly
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Buying streak — 2 quarters in a row
For 2 consecutive quarters, 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.
🏔️
At the ownership peak (100% of max)
100% of all-time peak
79 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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Fast accumulation — +132% more funds vs a year ago
fund count last 6Q
+45 new funds entered over the past year (+132% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks. The peak was reached in just 3 quarters from the low — a sharp move.
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More buyers than sellers — 98% buying
79 buying2 selling
Last quarter: 79 funds were net buyers (77 opened a brand new position + 2 added to an existing one). Only 2 were sellers (0 trimmed + 2 sold completely). A clear majority buying is a strong confirmation signal.
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More new buyers each quarter (+73 vs last Q)
new funds entering per quarter
Funds opening this position for the first time: 1 → 1 → 4 → 77. 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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Mostly new holders — 78% entered in last year
■ 20% conviction (2yr+)
■ 1% medium
■ 78% new
Only 16 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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Value +32578% but shares only +22335% — price-driven
Last quarter: the total dollar value of institutional holdings rose +32578%, but actual share count only changed +22335%. 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.
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Acceleration phase — new buyers rushing in
2 → 1 → 1 → 4 → 77 new funds/Q
New funds entering each quarter: 1 → 1 → 4 → 77. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
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Early stage — 76% of holders entered in last year
■ 24% veterans
■ 0% 1-2yr
■ 76% new
Of 79 current holders: 60 (76%) entered in the past year, only 19 (24%) 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.
✅
Strong quality — 24% from major AUM funds
24% from top-100 AUM funds
19 of 79 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 7.0/10 — multiple crowding signals converge. Institutional ownership is at 100% of its all-time high. Crowded trades can unwind fast — a single catalyst can trigger a cascade.