Based on 78 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 PMTS 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 — 89% of 3.0Y peak
89% of all-time peak
78 funds currently hold this stock — 89% of the 3.0-year high of 88 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
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Outflows — 11% fewer funds vs a year ago
fund count last 6Q
10 fewer hedge funds hold PMTS compared to a year ago (-11% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
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More buyers than sellers — 66% buying
49 buying25 selling
Last quarter: 49 funds were net buyers (13 opened a brand new position + 36 added to an existing one). Only 25 were sellers (17 trimmed + 8 sold completely). A clear majority buying is a strong confirmation signal.
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Steady new buyers — ~13 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 4 → 19 → 17 → 13. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
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45% of holders stayed for 2+ years
■ 45% conviction (2yr+)
■ 27% medium
■ 28% new
35 out of 78 hedge funds have held PMTS 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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Value +53% but shares only +7% — price-driven
Last quarter: the total dollar value of institutional holdings rose +53%, but actual share count only changed +7%. 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.
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Growing discovery — still being found
9 → 4 → 19 → 17 → 13 new funds/Q
New funds entering each quarter: 4 → 19 → 17 → 13. A growing number of institutions are discovering PMTS each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
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Veteran-anchored — 50% veterans vs 32% newcomers
■ 50% veterans
■ 18% 1-2yr
■ 32% new
Entry-cohort mix of 78 holders: 39 (50%) are 2+ year veterans, 14 entered 1–2 years ago, and 25 (32%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
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Elite ownership — 47% AUM from top-100 funds
47% from top-100 AUM funds
28 of 78 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in PMTS. 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 3.2/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.