HOOD ranks #263 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
HOOD is a top-conviction position for Index Venture Associates VI Ltd — at 48.5% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in HOOD belongs to BlackRock, Inc., but the position matters far more to Index Venture Associates VI Ltd, who has 48.5% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Assenagon Asset Management S.A. has added to its HOOD position for two straight quarters, increasing it by $64.4M to reach $107.6M today.
Annex Advisory Services, LLC has trimmed its HOOD position for two straight quarters, cutting it by $30.3M while still holding $1.4M.
HOOD is down 8.5% today, but institutions show net buying of $17.0B this quarter — a divergence between today's price move and the underlying institutional flow.