Based on 75 hedge funds · latest filing: 2026 Q1 · updated quarterly
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Buying streak — 3 quarters in a row
For 3 consecutive quarters, more hedge funds added POWA 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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At the ownership peak (99% of max)
99% of all-time peak
75 hedge funds hold POWA 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.
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Stable — ownership unchanged year-over-year
fund count last 6Q
The number of hedge funds holding POWA is almost the same as a year ago (-1 funds, -1% change). No significant rush to buy or sell — institutional backing is holding steady.
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Heavy selling pressure — only 37% buying
21 buying36 selling
Last quarter: 36 funds sold vs only 21 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
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Steady new buyers — ~11 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 2 → 8 → 8 → 11. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
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71% of holders stayed for 2+ years
■ 71% conviction (2yr+)
■ 19% medium
■ 11% new
53 out of 75 hedge funds have held POWA 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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Growing discovery — still being found
8 → 2 → 8 → 8 → 11 new funds/Q
New funds entering each quarter: 2 → 8 → 8 → 11. A growing number of institutions are discovering POWA each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
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Veteran-anchored — 73% veterans vs 12% newcomers
■ 73% veterans
■ 15% 1-2yr
■ 12% new
Entry-cohort mix of 75 holders: 55 (73%) are 2+ year veterans, 11 entered 1–2 years ago, and 9 (12%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
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Elite ownership — 40% AUM from top-100 funds
40% from top-100 AUM funds
14 of 75 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in POWA. 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 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.