Based on 160 hedge funds · latest filing: 2014 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 (100% of max)
100% of all-time peak
160 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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Steady growth — +18% more funds vs a year ago
fund count last 6Q
+24 new funds entered over the past year (+18% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
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Slight buying edge — 52% buying
88 buying82 selling
Last quarter: 88 funds bought or added vs 82 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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More new buyers each quarter (+8 vs last Q)
new funds entering per quarter
Funds opening this position for the first time: 32 → 30 → 24 → 32. 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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Value +38% but shares only +1% — price-driven
Last quarter: the total dollar value of institutional holdings rose +38%, but actual share count only changed +1%. 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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Steady discovery — ~32 new funds/quarter
35 → 32 → 30 → 24 → 32 new funds/Q
New funds entering each quarter: 32 → 30 → 24 → 32. Consistent flow of new institutional buyers without clear acceleration or slowdown.
Exit risk score 3.1/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.