Based on 20 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 HYFM 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 — 77% of 3.0Y peak
77% of all-time peak
20 funds currently hold this stock — 77% of the 3.0-year high of 26 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
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Outflows — 13% fewer funds vs a year ago
fund count last 6Q
3 fewer hedge funds hold HYFM compared to a year ago (-13% 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 — 58% buying
7 buying5 selling
Last quarter: 7 funds bought or added vs 5 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 — ~4 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 5 → 1 → 4 → 4. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
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Mostly new holders — 25% entered in last year
■ 5% conviction (2yr+)
■ 70% medium
■ 25% new
Only 1 funds (5%) 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 +9%, value -14%
Last quarter: funds added +9% more shares while total portfolio value only changed -14%. 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
1 → 5 → 1 → 4 → 4 new funds/Q
New funds entering each quarter: 5 → 1 → 4 → 4. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Mixed cohorts — 5% veterans, 25% new entrants
■ 5% veterans
■ 70% 1-2yr
■ 25% new
Of 20 current holders: 1 (5%) held 2+ years, 14 held 1–2 years, 5 (25%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
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Elite ownership — 45% AUM from top-100 funds
45% from top-100 AUM funds
8 of 20 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in HYFM. 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 2.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.