Effect of High Institutional Ownership on Stock Analysis?

I was curious how you would explain the effects of high institutional investment on a stock (>99%). I read conflicting information online about how due to the institutions quarterly/yearly expected deliverables that you may see large swings in price as pm's add or drop the stock from the portfolio. I also read that due to the large amounts of capital and substantial sink costs (time researching) that institutional turnover is low. I was curious what other people thought and how they would approach this?

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