Exponent
EXPO
123 hedge funds and large institutions have $850M invested in Exponent in 2013 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 46 increasing their positions, 45 reducing their positions, and 8 closing their positions.
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
23% more capital invested
Capital invested by funds: $691M → $850M (+$159M)
4% more funds holding
Funds holding: 118 → 123 (+5)
2% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 45
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$6.9M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$6.07M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.44M |
| 4 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
+$4M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$3.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$10.1M |
| 2 |
Neuberger Berman Group
New York
|
-$3.67M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$1.44M |
| 4 |
Two Sigma Investments
New York
|
-$1.41M |
| 5 |
Renaissance Technologies
New York
|
-$1.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RJFSA
126
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$1.04M | -70,192 | Closed |
|
|
WCM
127
Wedge Capital Management
Charlotte,
North Carolina
| – | -$1.01M | -68,520 | Closed |
|
|
TAM
128
Timucuan Asset Management
Jacksonville,
Florida
| – | -$591K | -40,000 | Closed |
|
129
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$384K | -25,964 | Closed |
|
130
Citadel Advisors
Miami,
Florida
| – | -$250K | -16,904 | Closed |
|
|
SMA
131
Simply Money Advisors
Cincinnati,
Ohio
| – | -$6K | -396 | Closed |
|
EXPO Hedge Fund Activity: Q3 2013 in Review
123 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Exponent (EXPO) for Q3 2013, worth a combined $850M — up 23% from $691M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new EXPO positions and 8 closed out — a net gain of 6 holders — while 46 added to existing stakes and 45 trimmed.
The largest buyer was RK Capital Management (Colorado), opening a new position worth an estimated $6.9M. The largest seller was Royce & Associates, cutting an estimated $10.1M.
- 123 institutional investors held Exponent (EXPO) as of Q3 2013, up from 118 in Q2 2013.
- Funds reported $850M of Exponent stock for Q3 2013, up 23% quarter-over-quarter.
- 14 funds opened new Exponent positions in Q3 2013 and 8 closed out, a net change of +6 holders.
- The largest Exponent buyer in Q3 2013 was RK Capital Management (Colorado), an estimated $6.9M added.
- The largest Exponent seller in Q3 2013 was Royce & Associates, an estimated $10.1M sold.
Based on aggregated 13F filings for Q3 2013.