CROWD: RED
Active holders jumped 105 to 153 recently (46% 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
153
of 314 total, index funds excluded
This quarter
+80
32 out
Conviction
n/a
Streak
4q
consecutive rising quarters
The crowd, 2016 to now
active holders per quarter
2025Mar 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 · $1.9B held
Fund
Value
Note
Alyeska Investment Group, L…
$251M
BlackRock, Inc.
$213M
STATE STREET CORP
$183M
Bayshore Capital Advisors, …
$132M
VANGUARD CAPITAL MANAGEMENT…
$127M
Hood River Capital Manageme…
$79M
TRUSTEES OF THE UNIVERSITY …
$73M
GEODE CAPITAL MANAGEMENT, L…
$65M
UBS Group AG
$59M
PRICE T ROWE ASSOCIATES INC…
$48M
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.