Based on 135 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.
📊 High ownership — 84% of 3.0Y peak
135 funds currently hold this stock — 84% of the 3.0-year high of 161 funds (reached 2023 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️ Stable — ownership unchanged year-over-year
The number of hedge funds holding this stock is almost the same as a year ago (-3 funds, -2% change). No significant rush to buy or sell — the institutional base is holding steady.
🔴 Heavy selling pressure — only 38% buying
Last quarter: 80 funds sold vs only 48 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️ Steady new buyers — ~14 new funds per quarter
Funds opening this position for the first time: 34 → 14 → 17 → 14. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒 69% of holders stayed for 2+ years
93 out of 135 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.