Exponent
EXPO
290 hedge funds and large institutions have $3.8B invested in Exponent in 2020 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 91 increasing their positions, 110 reducing their positions, and 25 closing their positions.
72% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 25
14% more capital invested
Capital invested by funds: $3.33B → $3.8B (+$469M)
6% more funds holding
Funds holding: 274 → 290 (+16)
1.75% more ownership
Funds ownership: 89.3% → 91.05% (+1.8%)
6% more call options, than puts
Call options by funds: $526K | Put options by funds: $494K
17% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 110
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$73.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$25.7M |
| 3 |
BlackRock
New York
|
+$13.8M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.67M |
| 5 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$7.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$19.8M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$18.6M |
| 3 |
Millennium Management
New York
|
-$15.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$13.1M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.6M |
EXPO Hedge Fund Activity: Q2 2020 in Review
290 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Exponent (EXPO) for Q2 2020, worth a combined $3.8B — up 14% from $3.33B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new EXPO positions and 25 closed out — a net gain of 18 holders — while 91 added to existing stakes and 110 trimmed.
The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $73.8M. The largest seller was Federated Hermes, cutting an estimated $19.8M.
- 290 institutional investors held Exponent (EXPO) as of Q2 2020, up from 274 in Q1 2020.
- Funds reported $3.8B of Exponent stock for Q2 2020, up 14% quarter-over-quarter.
- 43 funds opened new Exponent positions in Q2 2020 and 25 closed out, a net change of +18 holders.
- The largest Exponent buyer in Q2 2020 was Kayne Anderson Rudnick Investment Management, an estimated $73.8M added.
- The largest Exponent seller in Q2 2020 was Federated Hermes, an estimated $19.8M sold.
Based on aggregated 13F filings for Q2 2020.