Based on 68 hedge funds · latest filing: 2026 Q2 · updated quarterly
📈
Buying streak — 8 quarters in a row
For 8 consecutive quarters, more hedge funds added TUSI 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
68 hedge funds hold TUSI 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 — +162% more funds vs a year ago
fund count last 6Q
+42 new funds entered over the past year (+162% 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 — 77% buying
54 buying16 selling
Last quarter: 54 funds were net buyers (21 opened a brand new position + 33 added to an existing one). Only 16 were sellers (11 trimmed + 5 sold completely). A clear majority buying is a strong confirmation signal.
📈
More new buyers each quarter (+9 vs last Q)
new funds entering per quarter
Funds opening a new TUSI position: 8 → 17 → 12 → 21. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄
Mostly new holders — 59% entered in last year
■ 7% conviction (2yr+)
■ 34% medium
■ 59% new
Only 5 funds (7%) 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.
📈
Growing discovery — still being found
8 → 8 → 17 → 12 → 21 new funds/Q
New funds entering each quarter: 8 → 17 → 12 → 21. A growing number of institutions are discovering TUSI each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🌱
Early stage — 68% of holders entered in last year
■ 6% veterans
■ 26% 1-2yr
■ 68% new
Of 68 current holders: 46 (68%) entered in the past year, only 4 (6%) 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 — 24% AUM from major funds
24% from top-100 AUM funds
9 of 68 holders rank in the top 100 by AUM, accounting for 24% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
6.1
out of 10
Moderate Exit Risk
Exit risk score 6.1/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.