Based on 74 hedge funds · latest filing: 2026 Q1 · updated quarterly
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Buying streak — 1 quarter in a row
For 1 consecutive quarter, more hedge funds added CVGI 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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Below peak — only 65% of 3.0Y high
65% of all-time peak
Only 74 funds hold CVGI today versus a peak of 114 funds at 2023 Q3 — just 65% 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.
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Outflows — 24% fewer funds vs a year ago
fund count last 6Q
24 fewer hedge funds hold CVGI compared to a year ago (-24% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
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Slight buying edge — 58% buying
42 buying31 selling
Last quarter: 42 funds bought or added vs 31 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
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More new buyers each quarter (+17 vs last Q)
new funds entering per quarter
Funds opening a new CVGI position: 13 → 8 → 6 → 23. 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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66% of holders stayed for 2+ years
■ 66% conviction (2yr+)
■ 18% medium
■ 16% new
49 out of 74 hedge funds have held CVGI 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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Value +161% but shares only +15% — price-driven
Last quarter: the total dollar value of institutional holdings rose +161%, but actual share count only changed +15%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
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Growing discovery — still being found
14 → 13 → 8 → 6 → 23 new funds/Q
New funds entering each quarter: 13 → 8 → 6 → 23. A growing number of institutions are discovering CVGI each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
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Veteran-anchored — 76% veterans vs 17% newcomers
■ 76% veterans
■ 7% 1-2yr
■ 17% new
Entry-cohort mix of 75 holders: 57 (76%) are 2+ year veterans, 5 entered 1–2 years ago, and 13 (17%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
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Smaller funds dominant — 16% AUM from top-100
16% from top-100 AUM funds
20 of 73 holders rank in the top 100 by AUM, but together hold only 16% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
Exit risk score 1.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.