CROWD: RED
Active holders jumped 44 to 40 recently (-9% 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
40
of 77 total, index funds excluded
This quarter
+9
13 out
Conviction
7 bps
median holder weight: token bet
Streak
0q
consecutive rising quarters
The crowd, 2016 to now
active holders per quarter
2016Mar 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 · $273M held
Fund
Value
Note
MEITAV INVESTMENT HOUSE LTD
$48M
Y.D. More Investments Ltd
$32M
WASATCH ADVISORS LP
$23M
Migdal Insurance & Financia…
$19M
Clal Insurance Enterprises …
$18M
Penn Capital Management Com…
$12M
Phoenix Financial Ltd.
$10M
Driehaus Capital Management…
$10M
Russell Investments Group, …
$10M
RENAISSANCE TECHNOLOGIES LLC
$8M
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.