Based on 10 hedge funds · latest filing: 2026 Q1 · updated quarterly
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Buying streak — 2 quarters in a row
For 2 consecutive quarters, more hedge funds added VIMAX 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 — 71% of 3.0Y peak
71% of all-time peak
10 funds currently hold this stock — 71% of the 3.0-year high of 14 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
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Outflows — 29% fewer funds vs a year ago
fund count last 6Q
4 fewer hedge funds hold VIMAX compared to a year ago (-29% 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 — 50% buying
5 buying5 selling
Last quarter: 5 funds bought or added vs 5 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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Steady new buyers — ~2 new funds per quarter
new funds entering per quarter
Funds opening this position for the first time: 2 → 2 → 2 → 2. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
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60% of holders stayed for 2+ years
■ 60% conviction (2yr+)
■ 10% medium
■ 30% new
6 out of 10 hedge funds have held VIMAX 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 — ~2 new funds/quarter
4 → 2 → 2 → 2 → 2 new funds/Q
New funds entering each quarter: 2 → 2 → 2 → 2. Consistent flow of new institutional buyers without clear acceleration or slowdown.
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Veteran-anchored — 60% veterans vs 30% newcomers
■ 60% veterans
■ 10% 1-2yr
■ 30% new
Entry-cohort mix of 10 holders: 6 (60%) are 2+ year veterans, 1 entered 1–2 years ago, and 3 (30%) 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
0 of 10 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 2.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.