Based on 185 hedge funds · latest filing: 2026 Q2 · updated quarterly
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Buying streak — 1 quarter in a row
For 1 consecutive quarter, more hedge funds added CTBI 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.
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At the ownership peak (100% of max)
100% of all-time peak
185 hedge funds hold CTBI 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.
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Steady growth — +11% more funds vs a year ago
fund count last 6Q
+19 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
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More buyers than sellers — 63% buying
107 buying63 selling
Last quarter: 107 funds were net buyers (27 opened a brand new position + 80 added to an existing one). Only 63 were sellers (40 trimmed + 23 sold completely). A clear majority buying is a strong confirmation signal.
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More new buyers each quarter (+6 vs last Q)
new funds entering per quarter
Funds opening a new CTBI position: 23 → 24 → 21 → 27. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
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59% of holders stayed for 2+ years
■ 59% conviction (2yr+)
■ 19% medium
■ 21% new
110 out of 185 hedge funds have held CTBI 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.
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Price up while funds trimmed (+11% value, -6% shares)
Last quarter: total value of institutional CTBI holdings rose +11% even though funds reduced share count by 6%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
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Steady discovery — ~27 new funds/quarter
18 → 23 → 24 → 21 → 27 new funds/Q
New funds entering each quarter: 23 → 24 → 21 → 27. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Veteran-anchored — 61% veterans vs 27% newcomers
■ 61% veterans
■ 12% 1-2yr
■ 27% new
Entry-cohort mix of 186 holders: 114 (61%) are 2+ year veterans, 22 entered 1–2 years ago, and 50 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
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Elite ownership — 63% AUM from top-100 funds
63% from top-100 AUM funds
44 of 185 holders are among the 100 largest funds by AUM, controlling 63% of total institutional value in CTBI. 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 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.