Based on 31 hedge funds · latest filing: 2026 Q1 · updated quarterly
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Selling streak — 1 quarter in a row
For 1 consecutive quarter, more hedge funds reduced or closed their QYLG positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
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High ownership — 84% of 3.0Y peak
84% of all-time peak
31 funds currently hold this stock — 84% of the 3.0-year high of 37 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
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Outflows — 9% fewer funds vs a year ago
fund count last 6Q
3 fewer hedge funds hold QYLG compared to a year ago (-9% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡
Slight buying edge — 50% buying
18 buying18 selling
Last quarter: 18 funds bought or added vs 18 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.
➡️
Steady new buyers — ~4 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 6 → 9 → 7 → 4. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌
Mixed — 35% long-term, 29% new
■ 35% conviction (2yr+)
■ 35% medium
■ 29% new
Of the 31 current holders: 11 (35%) held >2 years, 11 held 1–2 years, and 9 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
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Peak discovery — momentum slowing
7 → 6 → 9 → 7 → 4 new funds/Q
New funds entering each quarter: 6 → 9 → 7 → 4. QYLG is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
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Mixed cohorts — 39% veterans, 45% new entrants
■ 39% veterans
■ 16% 1-2yr
■ 45% new
Of 31 current holders: 12 (39%) held 2+ years, 5 held 1–2 years, 14 (45%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆
Elite ownership — 53% AUM from top-100 funds
53% from top-100 AUM funds
7 of 31 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in QYLG. 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 2.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.