Based on 20 hedge funds · latest filing: 2026 Q2 · updated quarterly
📈
Buying streak — 1 quarter in a row
For 1 consecutive quarter, more hedge funds added BMRA 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.
🔻
Below peak — only 57% of 3.0Y high
57% of all-time peak
Only 20 funds hold BMRA today versus a peak of 35 funds at 2024 Q1 — just 57% 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.
🚀
Fast accumulation — +67% more funds vs a year ago
fund count last 6Q
+8 new funds entered over the past year (+67% 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 — 85% buying
11 buying2 selling
Last quarter: 11 funds were net buyers (10 opened a brand new position + 1 added to an existing one). Only 2 were sellers (2 trimmed + 0 sold completely). A clear majority buying is a strong confirmation signal.
➡️
Steady new buyers — ~10 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 6 → 0 → 5 → 10. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌
Mixed — 30% long-term, 50% new
■ 30% conviction (2yr+)
■ 20% medium
■ 50% new
Of the 20 current holders: 6 (30%) held >2 years, 4 held 1–2 years, and 10 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.
💎
Buying through price weakness — shares +16%, value -4%
Last quarter: funds added +16% more shares while total portfolio value only changed -4%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️
Steady discovery — ~10 new funds/quarter
0 → 6 → 0 → 5 → 10 new funds/Q
New funds entering each quarter: 6 → 0 → 5 → 10. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️
Veteran-anchored — 45% veterans vs 40% newcomers
■ 45% veterans
■ 15% 1-2yr
■ 40% new
Entry-cohort mix of 20 holders: 9 (45%) are 2+ year veterans, 3 entered 1–2 years ago, and 8 (40%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆
Elite ownership — 49% AUM from top-100 funds
49% from top-100 AUM funds
6 of 20 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in BMRA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
Exit risk score 2.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.