Smart Money Radar / Tickers / CPNG

CPNG Consumer Discretionary Distribution & Retail

CROWD: RED Active holders jumped 429 to 382 recently. Ten years of our own data says fast institutional pile-ins mark late money, not early money. Careful chasing this.
Active holders
382
of 596 total, index funds excluded
This quarter
+100
145 out
Conviction
4 bps
median holder weight: token bet
Streak
0q
consecutive rising quarters

The crowd, 2016 to now

active holders per quarter
2019Mar 2026
Holdings as of Mar 31, 2026, filed by May 16, 2026. Counts for the newest quarter keep settling for a few weeks as amendments land.

The tide

funds in (up) vs out (down)
Jun 23 Mar 26

Top holders

by reported value · $26.0B held
FundValueNote
SB INVESTMENT ADVISERS (UK)… $5.5B
Baillie Gifford $2.3B famous whale
Dodge & Cox $1.4B
BlackRock, Inc. $1.2B
MORGAN STANLEY $1.1B
Capital International Inves… $836M
Chase Coleman $653M famous whale
Artisan Partners Limited Pa… $636M
Dragoneer Investment Group,… $526M
Greenoaks Capital Partners … $485M

Tourists vs true believers

every holder a dot · right = bigger bet in their own book, up = patient money
TOURISTS: small bets, fast churn BELIEVERS: real weight, patient books POSITION WEIGHT IN THE HOLDER'S OWN BOOK (LOG) PATIENCE
Hover any dot for the fund and its bet size. Patience is measured from each filer's actual quarter-to-quarter turnover across our whole database.