CROWD: RED
Active holders jumped 165 to 213 recently. Ten years of our own data says fast institutional pile-ins mark late money, not early money. Careful chasing this.
Active holders
213
of 379 total, index funds excluded
This quarter
+90
42 out
Conviction
10 bps
median holder weight: token bet
Streak
4q
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 · $12.7B held
Fund
Value
Note
PRICE T ROWE ASSOCIATES INC…
$1.3B
BlackRock, Inc.
$749M
Clal Insurance Enterprises …
$685M
Phoenix Financial Ltd.
$595M
USS Investment Management L…
$573M
VANGUARD CAPITAL MANAGEMENT…
$545M
Senvest Management, LLC
$399M
Invesco Ltd.
$383M
Migdal Insurance & Financia…
$354M
Harel Insurance Investments…
$349M
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.