Based on 16 hedge funds · latest filing: 2026 Q2 · updated quarterly
➡️
No change last quarter
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
📊
High ownership — 73% of 3.0Y peak
73% of all-time peak
16 funds currently hold this stock — 73% of the 3.0-year high of 22 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉
Outflows — 20% fewer funds vs a year ago
fund count last 6Q
4 fewer hedge funds hold PROSY compared to a year ago (-20% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟢
More buyers than sellers — 81% buying
13 buying3 selling
Last quarter: 13 funds were net buyers (1 opened a brand new position + 12 added to an existing one). Only 3 were sellers (2 trimmed + 1 sold completely). A clear majority buying is a strong confirmation signal.
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Steady new buyers — ~1 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 2 → 4 → 2 → 1. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒
50% of holders stayed for 2+ years
■ 50% conviction (2yr+)
■ 31% medium
■ 19% new
8 out of 16 hedge funds have held PROSY 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 +28% but shares only +9% — price-driven
Last quarter: the total dollar value of institutional holdings rose +28%, but actual share count only changed +9%. 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.
⚠️
Saturation — most institutions already know this story
3 → 2 → 4 → 2 → 1 new funds/Q
New funds entering each quarter: 2 → 4 → 2 → 1. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
🏛️
Veteran-anchored — 56% veterans vs 31% newcomers
■ 56% veterans
■ 12% 1-2yr
■ 31% new
Entry-cohort mix of 16 holders: 9 (56%) are 2+ year veterans, 2 entered 1–2 years ago, and 5 (31%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
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Smaller funds dominant — 17% AUM from top-100
17% from top-100 AUM funds
2 of 16 holders rank in the top 100 by AUM, but together hold only 17% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
Exit risk score 2.1/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.