Based on 400 hedge funds · latest filing: 2025 Q4 · updated quarterly
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Buying streak — 11 quarters in a row
For 11 consecutive quarters, more hedge funds added VUSB 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
400 hedge funds hold VUSB 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.
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Fast accumulation — +37% more funds vs a year ago
fund count last 6Q
+109 new funds entered over the past year (+37% 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.
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More buyers than sellers — 68% buying
256 buying121 selling
Last quarter: 256 funds were net buyers (78 opened a brand new position + 178 added to an existing one). Only 121 were sellers (91 trimmed + 30 sold completely). A clear majority buying is a strong confirmation signal.
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More new buyers each quarter (+26 vs last Q)
new funds entering per quarter
Funds opening a new VUSB position: 51 → 43 → 52 → 78. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
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46% of holders stayed for 2+ years
■ 46% conviction (2yr+)
■ 25% medium
■ 29% new
185 out of 400 hedge funds have held VUSB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
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Buying through price weakness — shares +18%, value -56%
Last quarter: funds added +18% more shares while total portfolio value only changed -56%. 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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Growing discovery — still being found
36 → 51 → 43 → 52 → 78 new funds/Q
New funds entering each quarter: 51 → 43 → 52 → 78. A growing number of institutions are discovering VUSB each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
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Deep conviction — 50% of holders stayed 2+ years
■ 50% veterans
■ 14% 1-2yr
■ 36% new
Of 400 current holders: 198 (50%) 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.
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Elite ownership — 49% AUM from top-100 funds
49% from top-100 AUM funds
19 of 400 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in VUSB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.1
out of 10
Moderate Exit Risk
Exit risk score 4.1/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.