Based on 257 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 GBX 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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High ownership — 91% of 3.0Y peak
91% of all-time peak
257 funds currently hold this stock — 91% of the 3.0-year high of 283 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
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Outflows — 9% fewer funds vs a year ago
fund count last 6Q
26 fewer hedge funds hold GBX compared to a year ago (-9% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
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More sellers than buyers — 48% buying
120 buying128 selling
Last quarter: 128 funds reduced or exited vs 120 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
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More new buyers each quarter (+9 vs last Q)
new funds entering per quarter
Funds opening a new GBX position: 25 → 47 → 31 → 40. 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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68% of holders stayed for 2+ years
■ 68% conviction (2yr+)
■ 16% medium
■ 16% new
175 out of 257 hedge funds have held GBX 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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Steady discovery — ~40 new funds/quarter
42 → 25 → 47 → 31 → 40 new funds/Q
New funds entering each quarter: 25 → 47 → 31 → 40. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Veteran-anchored — 69% veterans vs 19% newcomers
■ 69% veterans
■ 11% 1-2yr
■ 19% new
Entry-cohort mix of 262 holders: 182 (69%) are 2+ year veterans, 30 entered 1–2 years ago, and 50 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
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Elite ownership — 40% AUM from top-100 funds
40% from top-100 AUM funds
51 of 257 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in GBX. 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 3.1/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.