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Institutional accumulation
Among the 500 largest 13F filers, the number holding a stock rose quarter over quarter while their net dollars in it also rose.
Times fired
2743
2020-08-21 → 2026-05-27
Median 6-mo vs S&P 500
-2.8%
Beat the index
41%
lost 59% of the time
26 quarters (2020+), top-500 filer cohort only — in every quarter, so coverage changes can never read as buying. Filings arrive up to 45 days after quarter end; events are dated when the filings were made, not the quarter they describe.
Full distribution, year by year, every event Gold
The spread behind the median, how it held up in each year, and each firing with its outcome — plus 1, 3 and 12-month horizons.
p25 / p75 spread
2022 hit rate
12-month median
Further reading
A base rate is not a prediction; past firings do not decide the next one. Educational analysis of published data — insight, not advice.