Based on 21 hedge funds · latest filing: 2025 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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High ownership — 91% of 3.0Y peak
91% of all-time peak
21 funds currently hold this stock — 91% of the 3.0-year high of 23 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
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Steady growth — +5% more funds vs a year ago
fund count last 6Q
+1 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 — 70% buying
16 buying7 selling
Last quarter: 16 funds were net buyers (8 opened a brand new position + 8 added to an existing one). Only 7 were sellers (2 trimmed + 5 sold completely). A clear majority buying is a strong confirmation signal.
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More new buyers each quarter (+7 vs last Q)
new funds entering per quarter
Funds opening this position for the first time: 4 → 2 → 1 → 8. 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 — 33% entered in last year
■ 19% conviction (2yr+)
■ 48% medium
■ 33% new
Only 4 funds (19%) 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.
➡️
Steady discovery — ~8 new funds/quarter
9 → 4 → 2 → 1 → 8 new funds/Q
New funds entering each quarter: 4 → 2 → 1 → 8. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Mixed cohorts — 24% veterans, 52% new entrants
■ 24% veterans
■ 24% 1-2yr
■ 52% new
Of 21 current holders: 5 (24%) held 2+ years, 5 held 1–2 years, 11 (52%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
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Smaller funds dominant — 18% AUM from top-100
18% from top-100 AUM funds
2 of 21 holders rank in the top 100 by AUM, but together hold only 18% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
Exit risk score 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.