Based on 22 hedge funds · latest filing: 2025 Q4 · updated quarterly
📉
Selling streak — 1 quarter in a row
For 1 consecutive quarter, more hedge funds reduced or closed this position than added to it. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams deciding to exit.
📊
High ownership — 85% of 3.0Y peak
85% of all-time peak
22 funds currently hold this stock — 85% of the 3.0-year high of 26 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀
Fast accumulation — +175% more funds vs a year ago
fund count last 6Q
+14 new funds entered over the past year (+175% 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.
🔴
Heavy selling pressure — only 14% buying
4 buying25 selling
Last quarter: 25 funds sold vs only 4 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
⚠️
Fewer new buyers each quarter (-14 vs last Q)
new funds entering per quarter
Funds opening this position for the first time: 2 → 1 → 17 → 3. 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.
🔄
Mostly new holders — 55% entered in last year
■ 18% conviction (2yr+)
■ 27% medium
■ 55% new
Only 4 funds (18%) 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
1 → 2 → 1 → 17 → 3 new funds/Q
New funds entering each quarter: 2 → 1 → 17 → 3. A growing number of institutions are discovering this stock each quarter. The idea is still spreading — there is room for more buyers to enter.
🌱
Early stage — 59% of holders entered in last year
■ 9% veterans
■ 32% 1-2yr
■ 59% new
Of 22 current holders: 13 (59%) entered in the past year, only 2 (9%) 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.
🏆
Elite ownership — 45% from top-100 AUM funds
45% from top-100 AUM funds
10 of 22 current holders are among the 100 largest hedge funds by AUM. When the biggest players own a stock, it reflects deep institutional conviction — large funds have the most resources for due diligence and the most at stake.
Exit risk score 7.4/10 — multiple crowding signals converge. Institutional ownership is at 85% of its all-time high. Selling pressure exceeds buying: only 14% of active funds buying. Crowded trades can unwind fast — a single catalyst can trigger a cascade.