Based on 15 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 FUFU 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 60% of 3.0Y high
60% of all-time peak
Only 15 funds hold FUFU today versus a peak of 25 funds at 2025 Q3 — just 60% 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 — 21% fewer funds vs a year ago
fund count last 6Q
4 fewer hedge funds hold FUFU compared to a year ago (-21% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
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More buyers than sellers — 65% buying
11 buying6 selling
Last quarter: 11 funds were net buyers (5 opened a brand new position + 6 added to an existing one). Only 6 were sellers (2 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.
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Steady new buyers — ~5 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 8 → 3 → 5 → 5. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
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Mostly new holders — 33% entered in last year
■ 13% conviction (2yr+)
■ 53% medium
■ 33% new
Only 2 funds (13%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
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Buying through price weakness — shares +19%, value -55%
Last quarter: funds added +19% more shares while total portfolio value only changed -55%. 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 — ~5 new funds/quarter
9 → 8 → 3 → 5 → 5 new funds/Q
New funds entering each quarter: 8 → 3 → 5 → 5. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Mixed cohorts — 27% veterans, 27% new entrants
■ 27% veterans
■ 47% 1-2yr
■ 27% new
Of 15 current holders: 4 (27%) held 2+ years, 7 held 1–2 years, 4 (27%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
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Smaller funds dominant — 7% AUM from top-100
7% from top-100 AUM funds
5 of 15 holders rank in the top 100 by AUM, but together hold only 7% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
Exit risk score 1.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.