Based on 95 hedge funds · latest filing: 2026 Q2 · updated quarterly
📈
Buying streak — 1 quarter in a row
For 1 consecutive quarter, more hedge funds added TATT 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.
🏔️
At the ownership peak (100% of max)
100% of all-time peak
95 hedge funds hold TATT 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.
🚀
Fast accumulation — +40% more funds vs a year ago
fund count last 6Q
+27 new funds entered over the past year (+40% 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 — 61% buying
66 buying43 selling
Last quarter: 66 funds were net buyers (40 opened a brand new position + 26 added to an existing one). Only 43 were sellers (21 trimmed + 22 sold completely). A clear majority buying is a strong confirmation signal.
📈
More new buyers each quarter (+25 vs last Q)
new funds entering per quarter
Funds opening a new TATT position: 29 → 15 → 15 → 40. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄
Mostly new holders — 51% entered in last year
■ 15% conviction (2yr+)
■ 35% medium
■ 51% new
Only 14 funds (15%) 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.
💰
Value +30% but shares only +9% — price-driven
Last quarter: the total dollar value of institutional holdings rose +30%, but actual share count only changed +9%. 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.
📈
Growing discovery — still being found
34 → 29 → 15 → 15 → 40 new funds/Q
New funds entering each quarter: 29 → 15 → 15 → 40. A growing number of institutions are discovering TATT each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🌱
Early stage — 67% of holders entered in last year
■ 21% veterans
■ 12% 1-2yr
■ 67% new
Of 95 current holders: 64 (67%) entered in the past year, only 20 (21%) 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.
✅
Strong quality — 31% AUM from major funds
31% from top-100 AUM funds
27 of 94 holders rank in the top 100 by AUM, accounting for 31% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.5
out of 10
Moderate Exit Risk
Exit risk score 4.5/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.