Based on 538 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 RVTY 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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At the ownership peak (100% of max)
100% of all-time peak
538 hedge funds hold RVTY 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.
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Stable — ownership unchanged year-over-year
fund count last 6Q
The number of hedge funds holding RVTY is almost the same as a year ago (+13 funds, +2% change). No significant rush to buy or sell — institutional backing is holding steady.
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Slight buying edge — 57% buying
298 buying227 selling
Last quarter: 298 funds bought or added vs 227 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 (+30 vs last Q)
new funds entering per quarter
Funds opening a new RVTY position: 68 → 88 → 72 → 102. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
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66% of holders stayed for 2+ years
■ 66% conviction (2yr+)
■ 17% medium
■ 18% new
353 out of 538 hedge funds have held RVTY 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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Value +33% but shares only +8% — price-driven
Last quarter: the total dollar value of institutional holdings rose +33%, but actual share count only changed +8%. 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
64 → 68 → 88 → 72 → 102 new funds/Q
New funds entering each quarter: 68 → 88 → 72 → 102. A growing number of institutions are discovering RVTY each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
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Veteran-anchored — 71% veterans vs 18% newcomers
■ 71% veterans
■ 11% 1-2yr
■ 18% new
Entry-cohort mix of 547 holders: 389 (71%) are 2+ year veterans, 59 entered 1–2 years ago, and 99 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
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Elite ownership — 51% AUM from top-100 funds
51% from top-100 AUM funds
61 of 537 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in RVTY. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.