Based on 176 hedge funds · latest filing: 2026 Q1 · 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.
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High ownership — 87% of 3.0Y peak
87% of all-time peak
176 funds currently hold this stock — 87% of the 3.0-year high of 203 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 — 5% fewer funds vs a year ago
fund count last 6Q
9 fewer hedge funds hold TGLS compared to a year ago (-5% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
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Slight buying edge — 52% buying
101 buying94 selling
Last quarter: 101 funds bought or added vs 94 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
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More new buyers each quarter (+8 vs last Q)
new funds entering per quarter
Funds opening a new TGLS position: 39 → 32 → 31 → 39. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
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44% of holders stayed for 2+ years
■ 44% conviction (2yr+)
■ 30% medium
■ 26% new
77 out of 176 hedge funds have held TGLS 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 — ~39 new funds/quarter
29 → 39 → 32 → 31 → 39 new funds/Q
New funds entering each quarter: 39 → 32 → 31 → 39. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Veteran-anchored — 52% veterans vs 28% newcomers
■ 52% veterans
■ 20% 1-2yr
■ 28% new
Entry-cohort mix of 181 holders: 94 (52%) are 2+ year veterans, 36 entered 1–2 years ago, and 51 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
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Elite ownership — 64% AUM from top-100 funds
64% from top-100 AUM funds
42 of 175 holders are among the 100 largest funds by AUM, controlling 64% of total institutional value in TGLS. 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 3.0/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.