Based on 104 hedge funds · latest filing: 2025 Q4 · updated quarterly
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Buying streak — 1 quarter in a row
For 1 consecutive quarter, 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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High ownership — 89% of 3.0Y peak
89% of all-time peak
104 funds currently hold this stock — 89% of the 3.0-year high of 117 funds (reached 2024 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
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Outflows — 4% fewer funds vs a year ago
fund count last 6Q
4 fewer hedge funds hold this stock compared to a year ago (-4% decline). When institutions consistently reduce exposure, it's worth asking what they know that retail investors don't.
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Slight buying edge — 51% buying
55 buying53 selling
Last quarter: 55 funds bought or added vs 53 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: 17 → 26 → 14 → 25. 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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42% of holders stayed for 2+ years
■ 42% conviction (2yr+)
■ 32% medium
■ 26% new
44 out of 104 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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Buying through price weakness — shares +2%, value -98%
Last quarter: funds added +2% more shares while total portfolio value only changed -98%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
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Steady discovery — ~25 new funds/quarter
19 → 17 → 26 → 14 → 25 new funds/Q
New funds entering each quarter: 17 → 26 → 14 → 25. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Deep conviction — 56% of holders stayed 2+ years
■ 56% veterans
■ 15% 1-2yr
■ 30% new
Of 108 current holders: 60 (56%) 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 — 24% from major AUM funds
24% from top-100 AUM funds
25 of 104 current holders rank in the top 100 by AUM. A meaningful share of the ownership base comes from the most well-resourced institutions.
Exit risk score 3.1/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.