Based on 32 hedge funds · latest filing: 2025 Q4 · updated quarterly
📈
Buying streak — 1 quarter in a row
For 1 consecutive quarter, 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.
📊
High ownership — 80% of 3.0Y peak
80% of all-time peak
32 funds currently hold this stock — 80% of the 3.0-year high of 40 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️
Stable — ownership unchanged year-over-year
fund count last 6Q
The number of hedge funds holding this stock is almost the same as a year ago (+1 funds, +3% change). No significant rush to buy or sell — the institutional base is holding steady.
🟢
More buyers than sellers — 64% buying
18 buying10 selling
Last quarter: 18 funds were net buyers (7 opened a brand new position + 11 added to an existing one). Only 10 were sellers (7 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.
➡️
Steady new buyers — ~7 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 7 → 13 → 7 → 7. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌
Mixed — 34% long-term, 41% new
■ 34% conviction (2yr+)
■ 25% medium
■ 41% new
Of the 32 current holders: 11 (34%) held >2 years, 8 held 1–2 years, and 13 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.
💰
Value +198% but shares only +72% — price-driven
Last quarter: the total dollar value of institutional holdings rose +198%, but actual share count only changed +72%. 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.
📊
Peak discovery — momentum slowing
9 → 7 → 13 → 7 → 7 new funds/Q
New funds entering each quarter: 7 → 13 → 7 → 7. The stock is well-known in the hedge fund world but new entries are declining. The easy phase of institutional discovery may be behind us.
📊
Mixed cohorts — 34% veterans, 50% new entrants
■ 34% veterans
■ 16% 1-2yr
■ 50% new
Of 32 current holders: 11 (34%) held 2+ years, 5 held 1–2 years, 16 (50%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
✅
Strong quality — 25% from major AUM funds
25% from top-100 AUM funds
8 of 32 current holders rank in the top 100 by AUM. A meaningful share of the ownership base comes from the most well-resourced institutions.
Exit risk score 3.0/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.