Based on 12 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 RINF 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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Below peak — only 63% of 3.0Y high
63% of all-time peak
Only 12 funds hold RINF today versus a peak of 19 funds at 2023 Q3 — just 63% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
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Outflows — 29% fewer funds vs a year ago
fund count last 6Q
5 fewer hedge funds hold RINF compared to a year ago (-29% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
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More buyers than sellers — 78% buying
7 buying2 selling
Last quarter: 7 funds were net buyers (2 opened a brand new position + 5 added to an existing one). Only 2 were sellers (1 trimmed + 1 sold completely). A clear majority buying is a strong confirmation signal.
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Steady new buyers — ~2 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 2 → 2 → 3 → 2. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
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42% of holders stayed for 2+ years
■ 42% conviction (2yr+)
■ 25% medium
■ 33% new
5 out of 12 hedge funds have held RINF 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 — ~2 new funds/quarter
3 → 2 → 2 → 3 → 2 new funds/Q
New funds entering each quarter: 2 → 2 → 3 → 2. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Veteran-anchored — 42% veterans vs 42% newcomers
■ 42% veterans
■ 17% 1-2yr
■ 42% new
Entry-cohort mix of 12 holders: 5 (42%) are 2+ year veterans, 2 entered 1–2 years ago, and 5 (42%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅
Strong quality — 22% AUM from major funds
22% from top-100 AUM funds
3 of 12 holders rank in the top 100 by AUM, accounting for 22% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
Exit risk score 2.0/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.