Based on 72 hedge funds · latest filing: 2026 Q2 · updated quarterly
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Buying streak — 6 quarters in a row
For 6 consecutive quarters, more hedge funds added OVBC 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 momentum flip.
🏔️
At the ownership peak (100% of max)
100% of all-time peak
72 hedge funds hold OVBC 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 classic 'crowded trade' — high popularity doesn't equal safety.
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Fast accumulation — +67% more funds vs a year ago
fund count last 6Q
+29 new funds entered over the past year (+67% 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.
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More buyers than sellers — 71% buying
45 buying18 selling
Last quarter: 45 funds were net buyers (18 opened a brand new position + 27 added to an existing one). Only 18 were sellers (13 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 a new OVBC position: 12 → 10 → 11 → 18. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
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47% of holders stayed for 2+ years
■ 47% conviction (2yr+)
■ 22% medium
■ 31% new
34 out of 72 hedge funds have held OVBC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
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Growing discovery — still being found
21 → 12 → 10 → 11 → 18 new funds/Q
New funds entering each quarter: 12 → 10 → 11 → 18. A growing number of institutions are discovering OVBC each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
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Veteran-anchored — 53% veterans vs 40% newcomers
■ 53% veterans
■ 7% 1-2yr
■ 40% new
Entry-cohort mix of 72 holders: 38 (53%) are 2+ year veterans, 5 entered 1–2 years ago, and 29 (40%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
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Elite ownership — 58% AUM from top-100 funds
58% from top-100 AUM funds
30 of 72 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in OVBC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.4
out of 10
Moderate Exit Risk
Exit risk score 4.4/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.