Based on 151 hedge funds · latest filing: 2026 Q2 · updated quarterly
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Buying streak — 1 quarter in a row
For 1 consecutive quarter, more hedge funds added PGF 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.
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High ownership — 87% of 3.0Y peak
87% of all-time peak
151 funds currently hold this stock — 87% of the 3.0-year high of 173 funds (reached 2024 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
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Stable — ownership unchanged year-over-year
fund count last 6Q
The number of hedge funds holding PGF is almost the same as a year ago (-5 funds, -3% change). No significant rush to buy or sell — institutional backing is holding steady.
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Slight buying edge — 57% buying
69 buying51 selling
Last quarter: 69 funds bought or added vs 51 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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Steady new buyers — ~18 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 19 → 20 → 16 → 18. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
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67% of holders stayed for 2+ years
■ 67% conviction (2yr+)
■ 17% medium
■ 17% new
101 out of 151 hedge funds have held PGF 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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Steady discovery — ~18 new funds/quarter
16 → 19 → 20 → 16 → 18 new funds/Q
New funds entering each quarter: 19 → 20 → 16 → 18. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Veteran-anchored — 68% veterans vs 19% newcomers
■ 68% veterans
■ 14% 1-2yr
■ 19% new
Entry-cohort mix of 151 holders: 102 (68%) are 2+ year veterans, 21 entered 1–2 years ago, and 28 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
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Elite ownership — 54% AUM from top-100 funds
54% from top-100 AUM funds
18 of 151 holders are among the 100 largest funds by AUM, controlling 54% of total institutional value in PGF. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
Exit risk score 2.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.