Based on 7 hedge funds · latest filing: 2025 Q4 · updated quarterly
📉
Selling streak — 4 quarters in a row
For 4 consecutive quarters, 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.
🔻
Below peak — only 8% of 3.0Y high
8% of all-time peak
Only 7 funds hold this stock today versus a peak of 86 funds at 2024 Q2 — just 8% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
📉
Outflows — 92% fewer funds vs a year ago
fund count last 6Q
77 fewer hedge funds hold this stock compared to a year ago (-92% decline). When institutions consistently reduce exposure, it's worth asking what they know that retail investors don't.
🔴
Heavy selling pressure — only 17% buying
1 buying5 selling
Last quarter: 5 funds sold vs only 1 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️
Steady new buyers — ~1 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 2 → 3 → 3 → 1. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌
Mixed — 29% long-term, 29% new
■ 29% conviction (2yr+)
■ 43% medium
■ 29% new
Of the 7 current holders: 2 (29%) held >2 years, 3 held 1–2 years, and 2 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.
💰
Price up while funds trimmed (-10% value, -30% shares)
Last quarter: total value of institutional ZOMDF holdings rose -10% even though funds reduced share count by 30%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
📊
Peak discovery — momentum slowing
16 → 2 → 3 → 3 → 1 new funds/Q
New funds entering each quarter: 2 → 3 → 3 → 1. 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.
🏛️
Deep conviction — 43% of holders stayed 2+ years
■ 43% veterans
■ 29% 1-2yr
■ 29% new
Of 7 current holders: 3 (43%) 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.
📋
Smaller funds dominant — 0% top-100 AUM
0% from top-100 AUM funds
Only 0 of 7 current holders rank in the top 100 by AUM. The stock is held mostly by smaller and mid-sized funds — the largest institutional players haven't yet built significant positions.
Exit risk score 2.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.