Based on 608 hedge funds · latest filing: 2026 Q1 · updated quarterly
📈
Buying streak — 4 quarters in a row
For 4 consecutive quarters, more hedge funds added AVAV 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
608 hedge funds hold AVAV 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 — +62% more funds vs a year ago
fund count last 6Q
+233 new funds entered over the past year (+62% 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 — 60% buying
399 buying263 selling
Last quarter: 399 funds were net buyers (126 opened a brand new position + 273 added to an existing one). Only 263 were sellers (149 trimmed + 114 sold completely). A clear majority buying is a strong confirmation signal.
➡️
Steady new buyers — ~126 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 152 → 158 → 125 → 126. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒
42% of holders stayed for 2+ years
■ 42% conviction (2yr+)
■ 25% medium
■ 33% new
253 out of 608 hedge funds have held AVAV 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.
💎
Buying through price weakness — shares -2%, value -47%
Last quarter: funds added -2% more shares while total portfolio value only changed -47%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊
Peak discovery — momentum slowing
57 → 152 → 158 → 125 → 126 new funds/Q
New funds entering each quarter: 152 → 158 → 125 → 126. AVAV is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️
Veteran-anchored — 49% veterans vs 38% newcomers
■ 49% veterans
■ 13% 1-2yr
■ 38% new
Entry-cohort mix of 645 holders: 318 (49%) are 2+ year veterans, 85 entered 1–2 years ago, and 242 (38%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅
Strong quality — 36% AUM from major funds
36% from top-100 AUM funds
59 of 603 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.3
out of 10
Moderate Exit Risk
Exit risk score 4.3/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.