CROWD: RED
Active holders jumped 66 to 46 recently (-30% 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
46
of 124 total, index funds excluded
This quarter
+11
31 out
Conviction
n/a
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)
Top holders
by reported value · $352M held
Fund
Value
Note
Avenir Tech Ltd
$65M
Sparta 24 Ltd.
$37M
fast money
Capital International Inves…
$33M
ARROWSTREET CAPITAL, LIMITE…
$25M
JUPITER ASSET MANAGEMENT LTD
$22M
BlackRock, Inc.
$18M
SUSQUEHANNA INTERNATIONAL G…
$17M
RENAISSANCE TECHNOLOGIES LLC
$11M
Nuveen, LLC
$10M
BANK OF AMERICA CORP /DE/
$10M
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.