Based on 43 hedge funds · latest filing: 2025 Q4 · updated quarterly
➡️
No change last quarter
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
🔻
Below peak — only 66% of 3.0Y high
66% of all-time peak
Only 43 funds hold this stock today versus a peak of 65 funds at 2024 Q1 — just 66% 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.
📉
Outflows — 12% fewer funds vs a year ago
fund count last 6Q
6 fewer hedge funds hold this stock compared to a year ago (-12% decline). When institutions consistently reduce exposure, it's worth asking what they know that retail investors don't.
🟡
Slight buying edge — 52% buying
22 buying20 selling
Last quarter: 22 funds bought or added vs 20 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.
📈
More new buyers each quarter (+9 vs last Q)
new funds entering per quarter
Funds opening this position for the first time: 9 → 10 → 4 → 13. A growing number of new institutional buyers means the stock is still being discovered — the opportunity hasn't been fully priced in.
🔒
42% of holders stayed for 2+ years
■ 42% conviction (2yr+)
■ 30% medium
■ 28% new
18 out of 43 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.
💎
Buying through price weakness — shares -11%, value -99%
Last quarter: funds added -11% more shares while total portfolio value only changed -99%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️
Steady discovery — ~13 new funds/quarter
8 → 9 → 10 → 4 → 13 new funds/Q
New funds entering each quarter: 9 → 10 → 4 → 13. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️
Deep conviction — 58% of holders stayed 2+ years
■ 58% veterans
■ 17% 1-2yr
■ 25% new
Of 48 current holders: 28 (58%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
📋
Smaller funds dominant — 16% top-100 AUM
16% from top-100 AUM funds
Only 7 of 43 current holders rank in the top 100 by AUM. The stock is held mostly by smaller and mid-sized funds — the largest institutional players haven't yet built significant positions.
Exit risk score 2.0/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.