Based on 714 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 SCCO 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
714 hedge funds hold SCCO 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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Steady growth — +20% more funds vs a year ago
fund count last 6Q
+120 new funds entered over the past year (+20% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
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More buyers than sellers — 64% buying
495 buying274 selling
Last quarter: 495 funds were net buyers (139 opened a brand new position + 356 added to an existing one). Only 274 were sellers (202 trimmed + 72 sold completely). A clear majority buying is a strong confirmation signal.
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More new buyers each quarter (+39 vs last Q)
new funds entering per quarter
Funds opening a new SCCO position: 78 → 79 → 100 → 139. 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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60% of holders stayed for 2+ years
■ 60% conviction (2yr+)
■ 21% medium
■ 19% new
425 out of 714 hedge funds have held SCCO 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 +23% but shares only +4% — price-driven
Last quarter: the total dollar value of institutional holdings rose +23%, 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.
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Acceleration phase — new buyers rushing in
84 → 78 → 79 → 100 → 139 new funds/Q
New funds entering each quarter: 78 → 79 → 100 → 139. 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.
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Deep conviction — 64% of holders stayed 2+ years
■ 64% veterans
■ 12% 1-2yr
■ 23% new
Of 736 current holders: 473 (64%) 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 — 43% AUM from top-100 funds
43% from top-100 AUM funds
44 of 714 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in SCCO. 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 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.