Based on 41 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 SGVT 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
41 hedge funds hold SGVT right now — the highest count in 1.0 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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More buyers than sellers — 65% buying
34 buying18 selling
Last quarter: 34 funds were net buyers (23 opened a brand new position + 11 added to an existing one). Only 18 were sellers (6 trimmed + 12 sold completely). A clear majority buying is a strong confirmation signal.
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Steady new buyers — ~23 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 4 → 26 → 23. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
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Mostly new holders — 98% entered in last year
■ 0% conviction (2yr+)
■ 2% medium
■ 98% new
Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
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Price up while funds trimmed (+250% value, -12% shares)
Last quarter: total value of institutional SGVT holdings rose +250% even though funds reduced share count by 12%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
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Acceleration phase — new buyers rushing in
4 → 26 → 23 new funds/Q
New funds entering each quarter: 4 → 26 → 23. 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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Early stage — 98% of holders entered in last year
■ 2% veterans
■ 0% 1-2yr
■ 98% new
Of 41 current holders: 40 (98%) entered in the past year, only 1 (2%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
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Smaller funds dominant — 1% AUM from top-100
1% from top-100 AUM funds
2 of 41 holders rank in the top 100 by AUM, but together hold only 1% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
Exit risk score 7.4/10 — multiple crowding signals converge. Institutional ownership is at 100% of its all-time high — near peak crowding. Crowded trades can unwind fast — a single catalyst can trigger a cascade.