Based on 294 hedge funds · latest filing: 2026 Q1 · updated quarterly
📈
Buying streak — 6 quarters in a row
For 6 consecutive quarters, more hedge funds added NVTS 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
294 hedge funds hold NVTS 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.
🚀
Fast accumulation — +79% more funds vs a year ago
fund count last 6Q
+130 new funds entered over the past year (+79% 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 — 62% buying
184 buying115 selling
Last quarter: 184 funds were net buyers (68 opened a brand new position + 116 added to an existing one). Only 115 were sellers (71 trimmed + 44 sold completely). A clear majority buying is a strong confirmation signal.
⚠️
Fewer new buyers each quarter (-13 vs last Q)
new funds entering per quarter
Funds opening this position for the first time: 97 → 58 → 81 → 68. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
📌
Mixed — 30% long-term, 38% new
■ 30% conviction (2yr+)
■ 32% medium
■ 38% new
Of the 294 current holders: 88 (30%) held >2 years, 93 held 1–2 years, and 113 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.
💰
Price up while funds trimmed (+20% value, -2% shares)
Last quarter: total value of institutional NVTS holdings rose +20% even though funds reduced share count by 2%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
➡️
Steady discovery — ~68 new funds/quarter
34 → 97 → 58 → 81 → 68 new funds/Q
New funds entering each quarter: 97 → 58 → 81 → 68. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️
Veteran-anchored — 40% veterans vs 49% newcomers
■ 40% veterans
■ 11% 1-2yr
■ 49% new
Entry-cohort mix of 310 holders: 124 (40%) are 2+ year veterans, 35 entered 1–2 years ago, and 151 (49%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆
Elite ownership — 43% AUM from top-100 funds
43% from top-100 AUM funds
47 of 291 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in NVTS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.7
out of 10
Moderate Exit Risk
Exit risk score 4.7/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.