Based on 21 hedge funds · latest filing: 2026 Q2 · updated quarterly
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Buying streak — 2 quarters in a row
For 2 consecutive quarters, more hedge funds added DRIO 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 51% of 3.0Y high
51% of all-time peak
Only 21 funds hold DRIO today versus a peak of 41 funds at 2025 Q1 — just 51% 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 — 45% fewer funds vs a year ago
fund count last 6Q
17 fewer hedge funds hold DRIO compared to a year ago (-45% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟢
More buyers than sellers — 63% buying
12 buying7 selling
Last quarter: 12 funds were net buyers (4 opened a brand new position + 8 added to an existing one). Only 7 were sellers (4 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.
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Steady new buyers — ~4 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 2 → 3 → 7 → 4. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
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52% of holders stayed for 2+ years
■ 52% conviction (2yr+)
■ 19% medium
■ 29% new
11 out of 21 hedge funds have held DRIO 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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Buying through price weakness — shares -5%, value -27%
Last quarter: funds added -5% more shares while total portfolio value only changed -27%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
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Steady discovery — ~4 new funds/quarter
4 → 2 → 3 → 7 → 4 new funds/Q
New funds entering each quarter: 2 → 3 → 7 → 4. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Veteran-anchored — 62% veterans vs 24% newcomers
■ 62% veterans
■ 14% 1-2yr
■ 24% new
Entry-cohort mix of 21 holders: 13 (62%) are 2+ year veterans, 3 entered 1–2 years ago, and 5 (24%) 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
11 of 21 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 1.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.