Expro Ltd
XPRO
94 hedge funds and large institutions have $260M invested in Expro Ltd in 2020 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 39 increasing their positions, 26 reducing their positions, and 20 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 26
17% more call options, than puts
Call options by funds: $7K | Put options by funds: $6K
0.43% more ownership
Funds ownership: 6.99% → 7.41% (+0.43%)
7% less funds holding
Funds holding: 101 → 94 (-7)
30% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 20
47% less capital invested
Capital invested by funds: $488M → $260M (-$228M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$24.8M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$9.51M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$3M |
| 4 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$1.38M |
| 5 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$10.5M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$7.07M |
| 3 |
Millennium Management
New York
|
-$4.15M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$3.39M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$2.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TI
101
Trexquant Investment
Stamford,
Connecticut
| – | -$165K | -5,318 | Closed |
|
|
WG
102
Winton Group
London,
United Kingdom
| – | -$160K | -5,174 | Closed |
|
103
Renaissance Technologies
New York
| – | -$155K | -4,983 | Closed |
|
|
CSS
104
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$143K | -4,614 | Closed |
|
105
Two Sigma Investments
New York
| – | -$132K | -4,265 | Closed |
|
|
CC
106
Cipher Capital
New York
| – | -$112K | -3,620 | Closed |
|
107
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$61.7K | -2,930 | -100% |
|
108
Squarepoint
New York
| – | -$83K | -2,684 | Closed |
|
109
ProShare Advisors
Bethesda,
Maryland
| – | -$75K | -2,409 | Closed |
|
|
EOCM
110
Energy Opportunities Capital Management
Austin,
Texas
| – | -$75K | -2,408 | Closed |
|
|
LI
111
Leap Investments
Chicago,
Illinois
| – | -$74K | -2,379 | Closed |
|
112
HSBC Holdings
London,
United Kingdom
| – | -$54K | -1,733 | Closed |
|
|
CCIA
113
Campbell & Co Investment Adviser
Baltimore,
Maryland
| – | -$52K | -1,681 | Closed |
|
114
Simplex Trading
Chicago,
Illinois
| – | -$1.37K | -65 | Closed |
|
XPRO Hedge Fund Activity: Q1 2020 in Review
94 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Expro Ltd (XPRO) for Q1 2020, worth a combined $260M — down 47% from $488M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of XPRO and 14 opened new positions — a net loss of 6 holders — while 26 trimmed existing stakes and 39 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $24.8M. The largest seller was Massachusetts Financial Services, cutting an estimated $10.5M.
- 94 institutional investors held Expro Ltd (XPRO) as of Q1 2020, down from 101 in Q4 2019.
- Funds reported $260M of Expro Ltd stock for Q1 2020, down 47% quarter-over-quarter.
- 14 funds opened new Expro Ltd positions in Q1 2020 and 20 closed out, a net change of -6 holders.
- The largest Expro Ltd buyer in Q1 2020 was T. Rowe Price Associates, an estimated $24.8M added.
- The largest Expro Ltd seller in Q1 2020 was Massachusetts Financial Services, an estimated $10.5M sold.
Based on aggregated 13F filings for Q1 2020.