Based on 368 hedge funds · latest filing: 2025 Q4 · updated quarterly
📈
Buying streak — 10 quarters in a row
For 10 consecutive quarters, more hedge funds added RVMD 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
368 hedge funds hold RVMD 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 — +39% more funds vs a year ago
fund count last 6Q
+104 new funds entered over the past year (+39% 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.
🟢
More buyers than sellers — 61% buying
231 buying145 selling
Last quarter: 231 funds were net buyers (102 opened a brand new position + 129 added to an existing one). Only 145 were sellers (105 trimmed + 40 sold completely). A clear majority buying is a strong confirmation signal.
📈
More new buyers each quarter (+40 vs last Q)
new funds entering per quarter
Funds opening a new RVMD position: 48 → 56 → 62 → 102. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
📌
Mixed — 37% long-term, 33% new
■ 37% conviction (2yr+)
■ 30% medium
■ 33% new
Of the 368 current holders: 136 (37%) held >2 years, 111 held 1–2 years, and 121 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💰
Value +77% but shares only +4% — price-driven
Last quarter: the total dollar value of institutional holdings rose +77%, but actual share count only changed +4%. 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.
🚀
Acceleration phase — new buyers rushing in
54 → 48 → 56 → 62 → 102 new funds/Q
New funds entering each quarter: 48 → 56 → 62 → 102. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️
Deep conviction — 42% of holders stayed 2+ years
■ 42% veterans
■ 18% 1-2yr
■ 39% new
Of 384 current holders: 163 (42%) 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.
✅
Strong quality — 37% AUM from major funds
37% from top-100 AUM funds
42 of 368 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.3
out of 10
Moderate Exit Risk
Exit risk score 4.3/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.