Based on 138 hedge funds · latest filing: 2026 Q1 · updated quarterly
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Buying streak — 4 quarters in a row
For 4 consecutive quarters, more hedge funds added STRV 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 (100% of max)
100% of all-time peak
138 hedge funds hold STRV 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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Fast accumulation — +23% more funds vs a year ago
fund count last 6Q
+26 new funds entered over the past year (+23% 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.
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More buyers than sellers — 60% buying
75 buying51 selling
Last quarter: 75 funds were net buyers (17 opened a brand new position + 58 added to an existing one). Only 51 were sellers (37 trimmed + 14 sold completely). A clear majority buying is a strong confirmation signal.
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Steady new buyers — ~17 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 13 → 18 → 16 → 17. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
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44% of holders stayed for 2+ years
■ 44% conviction (2yr+)
■ 35% medium
■ 21% new
61 out of 138 hedge funds have held STRV 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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Steady discovery — ~17 new funds/quarter
8 → 13 → 18 → 16 → 17 new funds/Q
New funds entering each quarter: 13 → 18 → 16 → 17. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Veteran-anchored — 46% veterans vs 22% newcomers
■ 46% veterans
■ 32% 1-2yr
■ 22% new
Entry-cohort mix of 139 holders: 64 (46%) are 2+ year veterans, 44 entered 1–2 years ago, and 31 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
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Smaller funds dominant — 0% AUM from top-100
0% from top-100 AUM funds
16 of 136 holders rank in the top 100 by AUM, but together hold only 0% 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.