Based on 42 hedge funds · latest filing: 2025 Q4 · updated quarterly
📉 Selling streak — 1 quarter in a row
For 1 consecutive quarter, more hedge funds reduced or closed this position than added to it. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams deciding to exit.
🏔️ At the ownership peak (95% of max)
42 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.
📶 Steady growth — +11% more funds vs a year ago
+4 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢 More buyers than sellers — 60% buying
Last quarter: 24 funds were net buyers (3 opened a brand new position + 21 added to an existing one). Only 16 were sellers (11 trimmed + 5 sold completely). A clear majority buying is a strong confirmation signal.
➡️ Steady new buyers — ~3 new funds per quarter
Funds opening this position for the first time: 4 → 5 → 8 → 3. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒 60% of holders stayed for 2+ years
25 out of 42 hedge funds have held this stock for over 2 years without selling. Long-term holders are harder to shake out during market dips — they represent a stable ownership base that reduces the risk of sudden mass selling.