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Exponent

368 hedge funds and large institutions have $3.66B invested in Exponent in 2025 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 150 increasing their positions, 130 reducing their positions, and 60 closing their positions.

New
Increased
Maintained
Reduced
Closed

281% more call options, than puts

Call options by funds: $2.39M | Put options by funds: $627K

15% more repeat investments, than reductions

Existing positions increased: 150 | Existing positions reduced: 130

2.81% more ownership

Funds ownership: 93.64%96.44% (+2.8%)

5% less capital invested

Capital invested by funds: $3.86B → $3.66B (-$201M)

6% less funds holding

Funds holding: 393368 (-25)

35% less first-time investments, than exits

New positions opened: 39 | Existing positions closed: 60

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
368
Holders Change
-25
Holders Change %
-6.36%
% of All Funds
4.84%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
39
Increased
150
Reduced
130
Closed
60
Calls
$2.39M
Puts
$627K
Net Calls
+$1.76M
Net Calls Change
+$2.28M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$454M -$3.95M -51,024 -0.8%
Vanguard Group
2
Vanguard Group
Pennsylvania
$397M +$3.75M +48,370 +0.9%
Kayne Anderson Rudnick Investment Management
3
Kayne Anderson Rudnick Investment Management
California
$358M -$71.5K -923 -0%
CCA
4
Conestoga Capital Advisors
Pennsylvania
$202M -$5.44M -70,207 -3%
GCM
5
Geneva Capital Management
Wisconsin
$140M +$10.2M +131,937 +8%
State Street
6
State Street
Massachusetts
$140M -$4.37M -56,432 -3%
Neuberger Berman Group
7
Neuberger Berman Group
New York
$120M -$19M -244,659 -13%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$119M +$1.65M +21,272 +1%
Morgan Stanley
9
Morgan Stanley
New York
$76.8M +$17M +218,766 +27%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$67.7M +$737K +9,516 +1%
Fundsmith LLP
11
Fundsmith LLP
United Kingdom
$55.8M -$6.95M -89,657 -11%
Wells Fargo
12
Wells Fargo
California
$54.9M +$296K +3,815 +0.5%
Northern Trust
13
Northern Trust
Illinois
$54.4M -$2.97M -38,378 -5%
Bank of America
14
Bank of America
North Carolina
$48.2M +$6.85M +88,350 +16%
JP Morgan Chase
15
JP Morgan Chase
New York
$47.7M +$9.93M +128,131 +25%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$44.9M +$26.3M +339,192 +130%
RAM
17
Resona Asset Management
Japan
$44.4M +$6.92M +89,334 +18%
Norges Bank
18
Norges Bank
Norway
$43.8M -$5.15M -66,527 -10%
Invesco
19
Invesco
Georgia
$41.4M +$1.39M +17,930 +3%
Charles Schwab
20
Charles Schwab
California
$39.2M +$354K +4,571 +0.9%
Raymond James Financial
21
Raymond James Financial
Florida
$39.1M -$4.62M -59,681 -10%
RP
22
Riverbridge Partners
Minnesota
$39.1M -$5.59M -72,189 -12%
BAMCO Inc
23
BAMCO Inc
New York
$37.4M +$12.9M +166,930 +50%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$31.8M -$1.29M -16,592 -4%
GKIM
25
GW&K Investment Management
Massachusetts
$31.4M -$376K -4,859 -1%

EXPO Hedge Fund Activity: Q2 2025 in Review

368 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Exponent (EXPO) for Q2 2025, worth a combined $3.66B — down 5.2% from $3.86B a quarter earlier.

Sellers outnumbered buyers: 60 funds closed out of EXPO and 39 opened new positions — a net loss of 21 holders — while 130 trimmed existing stakes and 150 added.

The largest buyer was Royal Bank of Canada, adding an estimated $26.3M. The largest seller was Neuberger Berman Group, cutting an estimated $19M.

  • 368 institutional investors held Exponent (EXPO) as of Q2 2025, down from 393 in Q1 2025.
  • Funds reported $3.66B of Exponent stock for Q2 2025, down 5.2% quarter-over-quarter.
  • 39 funds opened new Exponent positions in Q2 2025 and 60 closed out, a net change of -21 holders.
  • The largest Exponent buyer in Q2 2025 was Royal Bank of Canada, an estimated $26.3M added.
  • The largest Exponent seller in Q2 2025 was Neuberger Berman Group, an estimated $19M sold.

Based on aggregated 13F filings for Q2 2025.