Based on 527 hedge funds · latest filing: 2026 Q1 · updated quarterly
📈
Buying streak — 4 quarters in a row
For 4 consecutive quarters, more hedge funds added URA 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
527 hedge funds hold URA 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 — +56% more funds vs a year ago
fund count last 6Q
+190 new funds entered over the past year (+56% 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 — 66% buying
344 buying181 selling
Last quarter: 344 funds were net buyers (107 opened a brand new position + 237 added to an existing one). Only 181 were sellers (112 trimmed + 69 sold completely). A clear majority buying is a strong confirmation signal.
⚠️
Fewer new buyers each quarter (-9 vs last Q)
new funds entering per quarter
Funds opening this position for the first time: 109 → 109 → 116 → 107. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
📌
Mixed — 35% long-term, 35% new
■ 35% conviction (2yr+)
■ 30% medium
■ 35% new
Of the 527 current holders: 183 (35%) held >2 years, 160 held 1–2 years, and 184 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.
➡️
Steady discovery — ~107 new funds/quarter
64 → 109 → 109 → 116 → 107 new funds/Q
New funds entering each quarter: 109 → 109 → 116 → 107. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️
Veteran-anchored — 43% veterans vs 38% newcomers
■ 43% veterans
■ 19% 1-2yr
■ 38% new
Entry-cohort mix of 554 holders: 238 (43%) are 2+ year veterans, 104 entered 1–2 years ago, and 212 (38%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
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Elite ownership — 52% AUM from top-100 funds
52% from top-100 AUM funds
30 of 519 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in URA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
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.