Exponent
EXPO
215 hedge funds and large institutions have $2.26B invested in Exponent in 2018 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 77 increasing their positions, 74 reducing their positions, and 16 closing their positions.
75% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 16
25% more capital invested
Capital invested by funds: $1.8B → $2.26B (+$456M)
11% more call options, than puts
Call options by funds: $478K | Put options by funds: $430K
5% more funds holding
Funds holding: 204 → 215 (+11)
4% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 74
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
87.92% less ownership
Funds ownership: 177.82% → 89.9% (-88%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$31.6M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$14.2M |
| 3 |
WG
Winton Group
London,
United Kingdom
|
+$9.56M |
| 4 |
Goldman Sachs
New York
|
+$8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$6.97M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$5.86M |
| 3 |
TA
Teachers Advisors
New York
|
-$5.28M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.07M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$4.94M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JWA
226
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | -$4K | -110 | Closed |
|
|
LWA
227
Lenox Wealth Advisors
New York
| – | -$2K | -54 | Closed |
|
|
APP
228
Avantax Planning Partners
Dubuque,
Iowa
| – | -$1K | -28 | Closed |
|
|
FCAG
229
First Capital Advisors Group
Little Silver,
New Jersey
| – | -$1K | -26 | Closed |
|
230
Parallax Volatility Advisers
San Francisco,
California
| – | +$92 | +2 | New |
|
|
JA
231
JOYN Advisors
Atlanta,
Georgia
| – | +$229 | +5 | New |
|
EXPO Hedge Fund Activity: Q2 2018 in Review
215 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Exponent (EXPO) for Q2 2018, worth a combined $2.26B — up 25% from $1.8B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new EXPO positions and 16 closed out — a net gain of 12 holders — while 77 added to existing stakes and 74 trimmed.
The largest buyer was BlackRock, adding an estimated $31.6M. The largest seller was Neuberger Berman Group, cutting an estimated $6.97M.
- 215 institutional investors held Exponent (EXPO) as of Q2 2018, up from 204 in Q1 2018.
- Funds reported $2.26B of Exponent stock for Q2 2018, up 25% quarter-over-quarter.
- 28 funds opened new Exponent positions in Q2 2018 and 16 closed out, a net change of +12 holders.
- The largest Exponent buyer in Q2 2018 was BlackRock, an estimated $31.6M added.
- The largest Exponent seller in Q2 2018 was Neuberger Berman Group, an estimated $6.97M sold.
Based on aggregated 13F filings for Q2 2018.