Based on 600 hedge funds · latest filing: 2025 Q4 · updated quarterly
📈
Buying streak — 4 quarters in a row
For 4 consecutive quarters, 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.
🏔️
At the ownership peak (100% of max)
100% of all-time peak
600 hedge funds hold this stock 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 'crowded trade' — high ownership doesn't mean safe.
🚀
Fast accumulation — +59900% more funds vs a year ago
fund count last 6Q
+599 new funds entered over the past year (+59900% 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 — 65% buying
414 buying226 selling
Last quarter: 414 funds were net buyers (232 opened a brand new position + 182 added to an existing one). Only 226 were sellers (164 trimmed + 62 sold completely). A clear majority buying is a strong confirmation signal.
📈
More new buyers each quarter (+73 vs last Q)
new funds entering per quarter
Funds opening this position for the first time: 326 → 81 → 159 → 232. A growing number of new institutional buyers means the stock is still being discovered — the opportunity hasn't been fully priced in.
📌
Mixed — 28% long-term, 48% new
■ 28% conviction (2yr+)
■ 24% medium
■ 48% new
Of the 600 current holders: 165 (28%) held >2 years, 147 held 1–2 years, and 288 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.
💰
Price up while funds trimmed (+104% value, -7% shares)
Last quarter: total value of institutional SNDK holdings rose +104% even though funds reduced share count by 7%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
➡️
Steady discovery — ~232 new funds/quarter
1 → 326 → 81 → 159 → 232 new funds/Q
New funds entering each quarter: 326 → 81 → 159 → 232. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱
Early stage — 61% of holders entered in last year
■ 39% veterans
■ 0% 1-2yr
■ 61% new
Of 647 current holders: 395 (61%) entered in the past year, only 252 (39%) 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.
📋
Smaller funds dominant — 6% top-100 AUM
6% from top-100 AUM funds
Only 37 of 600 current holders rank in the top 100 by AUM. The stock is held mostly by smaller and mid-sized funds — the largest institutional players haven't yet built significant positions.
6.2
out of 10
Moderate Exit Risk
Exit risk score 6.2/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.