Terry Smith’s Exponent EXPO Stock Holding History

Terry Smith’s Portfolio EXPO Stock Details EXPO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-746,820	Closed	-$55.8M	–	37
2025 Q2	$55.8M	Sell	746,820 -89,657	-11%	-$6.95M	0.24%	34
2025 Q1	$67.8M	Hold	836,477	–	–	0.31%	32
2024 Q4	$74.5M	Hold	836,477	–	–	0.32%	30
2024 Q3	$96.4M	Sell	836,477 -181,621	-18%	-$19M	0.38%	28
2024 Q2	$96.8M	Sell	1,018,098 -32,022	-3%	-$2.89M	0.39%	25
2024 Q1	$86.8M	Sell	1,050,120 -28,351	-3%	-$2.34M	0.34%	31
2023 Q4	$94.9M	Sell	1,078,471 -14,074	-1%	-$1.15M	0.4%	28
2023 Q3	$93.5M	Sell	1,092,545 -7,556	-0.7%	-$683K	0.42%	26
2023 Q2	$103M	Buy	+1,100,101	New	+$103M	0.43%	27

Other funds holding EXPO

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Kayne Anderson Rudnick Investment Management Los Angeles, California $32.2B AUM 10.98% 1-Year Est. Return

CCA

Conestoga Capital Advisors Wayne, Pennsylvania $4.6B AUM 16.08% 1-Year Est. Return

GCM

Geneva Capital Management Milwaukee, Wisconsin $4.36B AUM 17.81% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Neuberger Berman Group New York $150B AUM 40.08% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

Terry Smith's EXPO Position: Q3 2025 in Review

Terry Smith sold out of Exponent (EXPO) in Q3 2025, closing a stake of 746,820 shares — an estimated $55.8M sold.

Terry Smith first reported a position in EXPO in Q2 2023 and held it in 9 quarters. The position peaked at $103M in Q2 2023. 359 funds tracked by Wall St. Rank hold EXPO as of Q3 2025.

Terry Smith reported no remaining Exponent position as of Q3 2025 after selling out during the quarter.
Terry Smith sold 746,820 Exponent shares in Q3 2025, an estimated $55.8M.
Terry Smith first reported a position in Exponent in Q2 2023 and held it in 9 quarters.
Terry Smith's Exponent position peaked at $103M in Q2 2023.
359 funds tracked by Wall St. Rank held Exponent as of Q3 2025.

Based on Fundsmith LLP's 13F filing for Q3 2025, filed 14 Nov 2025.