Based on 175 hedge funds · latest filing: 2026 Q1 · updated quarterly
📈
Buying streak — 1 quarter in a row
For 1 consecutive quarter, more hedge funds added MBIN 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.
🏔️
At the ownership peak (100% of max)
100% of all-time peak
175 hedge funds hold MBIN right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶
Steady growth — +10% more funds vs a year ago
fund count last 6Q
+16 new funds entered over the past year (+10% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢
More buyers than sellers — 60% buying
106 buying71 selling
Last quarter: 106 funds were net buyers (51 opened a brand new position + 55 added to an existing one). Only 71 were sellers (47 trimmed + 24 sold completely). A clear majority buying is a strong confirmation signal.
📈
More new buyers each quarter (+36 vs last Q)
new funds entering per quarter
Funds opening a new MBIN position: 21 → 19 → 15 → 51. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒
52% of holders stayed for 2+ years
■ 52% conviction (2yr+)
■ 20% medium
■ 28% new
91 out of 175 hedge funds have held MBIN 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.
💰
Value +259% but shares only +182% — price-driven
Last quarter: the total dollar value of institutional holdings rose +259%, but actual share count only changed +182%. 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.
🚀
Acceleration phase — new buyers rushing in
22 → 21 → 19 → 15 → 51 new funds/Q
New funds entering each quarter: 21 → 19 → 15 → 51. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️
Veteran-anchored — 56% veterans vs 31% newcomers
■ 56% veterans
■ 12% 1-2yr
■ 31% new
Entry-cohort mix of 177 holders: 100 (56%) are 2+ year veterans, 22 entered 1–2 years ago, and 55 (31%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋
Smaller funds dominant — 15% AUM from top-100
15% from top-100 AUM funds
38 of 174 holders rank in the top 100 by AUM, but together hold only 15% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
Exit risk score 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.