Based on 16 hedge funds · latest filing: 2026 Q1 · updated quarterly
📈
Buying streak — 2 quarters in a row
For 2 consecutive quarters, more hedge funds added GLNCY 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.
📊
High ownership — 73% of 3.0Y peak
73% of all-time peak
16 funds currently hold this stock — 73% of the 3.0-year high of 22 funds (reached 2023 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀
Fast accumulation — +33% more funds vs a year ago
fund count last 6Q
+4 new funds entered over the past year (+33% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢
More buyers than sellers — 75% buying
9 buying3 selling
Last quarter: 9 funds were net buyers (4 opened a brand new position + 5 added to an existing one). Only 3 were sellers (0 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.
➡️
Steady new buyers — ~4 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 2 → 2 → 6 → 4. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌
Mixed — 38% long-term, 44% new
■ 38% conviction (2yr+)
■ 19% medium
■ 44% new
Of the 16 current holders: 6 (38%) held >2 years, 3 held 1–2 years, and 7 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💰
Value +172% but shares only +97% — price-driven
Last quarter: the total dollar value of institutional holdings rose +172%, but actual share count only changed +97%. 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.
➡️
Steady discovery — ~4 new funds/quarter
3 → 2 → 2 → 6 → 4 new funds/Q
New funds entering each quarter: 2 → 2 → 6 → 4. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️
Veteran-anchored — 44% veterans vs 44% newcomers
■ 44% veterans
■ 12% 1-2yr
■ 44% new
Entry-cohort mix of 16 holders: 7 (44%) are 2+ year veterans, 2 entered 1–2 years ago, and 7 (44%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋
Smaller funds dominant — 18% AUM from top-100
18% from top-100 AUM funds
2 of 16 holders rank in the top 100 by AUM, but together hold only 18% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
Exit risk score 3.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.