Based on 274 hedge funds · latest filing: 2026 Q1 · updated quarterly
➡️
No change last quarter
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
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High ownership — 86% of 3.0Y peak
86% of all-time peak
274 funds currently hold this stock — 86% of the 3.0-year high of 318 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
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Outflows — 12% fewer funds vs a year ago
fund count last 6Q
39 fewer hedge funds hold ENR compared to a year ago (-12% 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 — 54% buying
146 buying124 selling
Last quarter: 146 funds bought or added vs 124 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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Steady new buyers — ~43 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 35 → 63 → 42 → 43. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
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66% of holders stayed for 2+ years
■ 66% conviction (2yr+)
■ 15% medium
■ 19% new
180 out of 274 hedge funds have held ENR 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 +1%, value -26%
Last quarter: funds added +1% more shares while total portfolio value only changed -26%. 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 — ~43 new funds/quarter
46 → 35 → 63 → 42 → 43 new funds/Q
New funds entering each quarter: 35 → 63 → 42 → 43. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Veteran-anchored — 69% veterans vs 22% newcomers
■ 69% veterans
■ 9% 1-2yr
■ 22% new
Entry-cohort mix of 282 holders: 195 (69%) are 2+ year veterans, 24 entered 1–2 years ago, and 63 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
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Elite ownership — 42% AUM from top-100 funds
42% from top-100 AUM funds
45 of 270 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in ENR. 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 2.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.