CROWD: RED
Active holders jumped 63 to 50 recently (-21% in one quarter). Ten years of our own data says fast institutional pile-ins mark late money, not early money. Careful chasing this.
Active holders
50
of 166 total, index funds excluded
This quarter
+14
27 out
Conviction
n/a
Streak
0q
consecutive rising quarters
The crowd, 2016 to now
active holders per quarter
2020Mar 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)
Top holders
by reported value · $167M held
Fund
Value
Note
MIRAE ASSET GLOBAL ETFS HOL…
$18M
AQR CAPITAL MANAGEMENT LLC
$14M
BlackRock, Inc.
$13M
LSV ASSET MANAGEMENT
$12M
TWO SIGMA INVESTMENTS, LP
$12M
VANGUARD PORTFOLIO MANAGEME…
$6M
GEODE CAPITAL MANAGEMENT, L…
$5M
STATE STREET CORP
$5M
ACADIAN ASSET MANAGEMENT LLC
$5M
Qube Research & Technologie…
$5M
Tourists vs true believers
every holder a dot · right = bigger bet in their own book, up = patient money
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.