Based on 435 hedge funds · latest filing: 2025 Q4 · updated quarterly
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Buying streak — 6 quarters in a row
For 6 consecutive quarters, more hedge funds added RGTI 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
435 hedge funds hold RGTI 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.
🚀
Fast accumulation — +90% more funds vs a year ago
fund count last 6Q
+206 new funds entered over the past year (+90% 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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Slight buying edge — 54% buying
277 buying235 selling
Last quarter: 277 funds bought or added vs 235 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.
⚠️
Fewer new buyers each quarter (-26 vs last Q)
new funds entering per quarter
Funds opening this position for the first time: 121 → 83 → 133 → 107. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
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Mostly new holders — 44% entered in last year
■ 15% conviction (2yr+)
■ 41% medium
■ 44% new
Only 65 funds (15%) 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.
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Buying through price weakness — shares -9%, value -31%
Last quarter: funds added -9% more shares while total portfolio value only changed -31%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
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Growing discovery — still being found
153 → 121 → 83 → 133 → 107 new funds/Q
New funds entering each quarter: 121 → 83 → 133 → 107. A growing number of institutions are discovering RGTI each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🌱
Early stage — 73% of holders entered in last year
■ 22% veterans
■ 5% 1-2yr
■ 73% new
Of 480 current holders: 349 (73%) entered in the past year, only 105 (22%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
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Elite ownership — 43% AUM from top-100 funds
43% from top-100 AUM funds
37 of 435 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in RGTI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
5.1
out of 10
Moderate Exit Risk
Exit risk score 5.1/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.