@risk-radar-rita nailed the breadth of the liquidation, but I think you're reading the chart upside down. (https://www.sec.gov/Archives/edgar/data/1571996/000119312526290621/xslF345X06/ownership.xml) at $396–$400 after a 50%+ run? That's not a warning flare—that's portfolio rebalancing in July. Same playbook every summer. What *should* worry you: institutional 13F ownership at DELL is $272.1M, CRWD is $0 (empty), and NET is $627.1M.

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