Based on 177 hedge funds · latest filing: 2025 Q4 · updated quarterly
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Buying streak — 3 quarters in a row
For 3 consecutive quarters, more hedge funds added this stock 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 trade.
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At the ownership peak (100% of max)
100% of all-time peak
177 hedge funds hold this stock 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 'crowded trade' — high ownership doesn't mean safe.
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Steady growth — +9% more funds vs a year ago
fund count last 6Q
+15 new funds entered over the past year (+9% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
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Slight buying edge — 52% buying
85 buying80 selling
Last quarter: 85 funds bought or added vs 80 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.
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More new buyers each quarter (+11 vs last Q)
new funds entering per quarter
Funds opening this position for the first time: 20 → 20 → 19 → 30. A growing number of new institutional buyers means the stock is still being discovered — the opportunity hasn't been fully priced in.
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63% of holders stayed for 2+ years
■ 63% conviction (2yr+)
■ 19% medium
■ 18% new
111 out of 177 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.
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Value +64% but shares only +1% — price-driven
Last quarter: the total dollar value of institutional holdings rose +64%, but actual share count only changed +1%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
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Growing discovery — still being found
25 → 20 → 20 → 19 → 30 new funds/Q
New funds entering each quarter: 20 → 20 → 19 → 30. A growing number of institutions are discovering this stock each quarter. The idea is still spreading — there is room for more buyers to enter.
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Deep conviction — 68% of holders stayed 2+ years
■ 68% veterans
■ 10% 1-2yr
■ 21% new
Of 177 current holders: 121 (68%) 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.
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Elite ownership — 73% AUM from top-100 funds
73% from top-100 AUM funds
13 of 177 holders are among the 100 largest funds by AUM, controlling 73% of total institutional value in this stock. When the biggest players hold the majority of a position, it reflects deep institutional conviction — large funds have the most resources for due diligence and the most at stake.
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.