Expect Equity LLC

Pikesville, MD · CIK 2007407 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2026 · limited liability company

Assets managed$167.2m
Staff7 · 4 in investment roles
Main clients (by assets)Private funds 100%
Private funds2 (2 hedge) · $167.2m gross assets
Form ADV · 2026-06-29SEC adviser record

Legal entityExpect Equity LLC (US)

Kindhedge funds, futures
Others nearbyPikesville, MD, Pittsburgh, PA, Burlingame, CA, Washington, DC

As an employer

Offices in1 country
Private fundshedge 4

Where they work

people there (dot area)number not reportedmain officeHover or tap a dot. Australian and UK companies are placed at their business or registered address, with their staff across the whole country.

Offices

From Form ADV: the main office and the other offices where it does advisory work (at most the 25 largest), with the people doing investment work at each. “About” is worked out: the firm's investment staff less its other offices. Each city links to the other managers there.

City	Country	People
Pikesville, MD (main office)United States	United States
Pittsburgh, PA2 officesUnited States	United States	4
Burlingame, CA2 officesUnited States	United States	2
Washington, DC2 officesUnited States	United States	2

Map: places from GeoNames (CC BY 4.0), outlines from Natural Earth.

$155.4m reported value +20.9% vs Q1 2026

65positions

26.7%in top 10

5 new 25 added 18 reduced 2 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	MKS INC. COM MKSI	MKSI	10,655	$4.7m3.05%	3.05%	Reduced -7.8k	-7,830 -42.4%
2	COLUMBIA BKG SYS INC COM COLB	COLB	143,065	$4.6m2.95%	2.95%	Unchanged
3	ATI INC COM ATI	ATI	22,645	$4.5m2.87%	2.87%	Reduced -3.3k	-3,300 -12.7%
4	COUSINS PPTYS INC COM NEW CUZ	CUZ	145,041	$4.3m2.80%	2.80%	Added +21.7k	+21,690 17.6%
5	BRUKER CORP COM BRKR	BRKR	70,930	$4.3m2.75%	2.75%	Added +14.8k	+14,800 26.4%
6	FIRST HORIZON CORPORATION COM FHN	FHN	159,286	$4.1m2.63%	2.63%	Reduced -11.6k	-11,640 -6.8%
7	CONCENTRA GROUP HOLDINGS PAR COMMON STOCK CON	CON	136,150	$4.1m2.61%	2.61%	Unchanged
8	LSI INDS INC OHIO COM LYTS	LYTS	142,209	$3.8m2.43%	2.43%	Reduced -1.4k	-1,395 -1.0%
9	STANDARDAERO INC COM SARO	SARO	121,378	$3.6m2.34%	2.34%	Added +2.4k	+2,400 2.0%
10	OSHKOSH CORP COM OSK	OSK	23,225	$3.6m2.29%	2.29%	Unchanged
11	LANTHEUS HLDGS INC COM LNTH	LNTH	32,073	$3.6m2.29%	2.29%	Unchanged
12	SHARKNINJA INC COM SHS SN	SN	22,770	$3.5m2.23%	2.23%	Added +3.6k	+3,600 18.8%
13	EAST WEST BANCORP INC COM EWBC	EWBC	25,775	$3.3m2.14%	2.14%	Added +2.8k	+2,760 12.0%
14	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	6,938	$3.3m2.13%	2.13%	Reduced -890	-890 -11.4%
15	CACI INTL INC CL A CACI	CACI	6,718	$3.1m2.00%	2.00%	Unchanged
16	VSE CORP COM VSEC	VSEC	13,617	$3.1m2.00%	2.00%	Unchanged
17	GIBRALTAR INDS INC COM ROCK	ROCK	68,267	$3.1m1.98%	1.98%	Added +4.8k	+4,800 7.6%
18	HAEMONETICS CORP MASS COM HAE	HAE	41,026	$3.1m1.98%	1.98%	Added +4.0k	+4,000 10.8%
19	COOPER COS INC COM COO	COO	42,050	$3.0m1.94%	1.94%	Added +7.4k	+7,430 21.5%
20	CECO ENVIRONMENTAL CORP COM CECO	CECO	31,524	$2.9m1.84%	1.84%	Reduced -6.9k	-6,949 -18.1%
21	FLOWSERVE CORP COM FLS	FLS	36,794	$2.7m1.76%	1.76%	Reduced -11.3k	-11,300 -23.5%
22	OPTION CARE HEALTH INC COM NEW OPCH	OPCH	128,171	$2.7m1.73%	1.73%	Added +51.5k	+51,510 67.2%
23	LIMBACH HLDGS INC COM LMB	LMB	34,587	$2.7m1.71%	1.71%	Added +3.2k	+3,250 10.4%
24	BEL FUSE INC CL B BELFB	BELFB	7,715	$2.6m1.65%	1.65%	Reduced -3.3k	-3,346 -30.2%
25	COMMERCIAL METALS CO COM CMC	CMC	40,880	$2.6m1.65%	1.65%	Added +1.4k	+1,370 3.5%
26	SM ENERGY CO COM SM	SM	95,806	$2.5m1.61%	1.61%	Unchanged
27	VIEMED HEALTHCARE INC COM VMD	VMD	212,721	$2.4m1.56%	1.56%	Added +9.0k	+9,036 4.4%
28	CRANE NXT CO COM CXT	CXT	47,360	$2.4m1.56%	1.56%	New
29	CORE & MAIN INC CL A CNM	CNM	49,880	$2.4m1.55%	1.55%	Added +3.0k	+3,030 6.5%
30	MAMAS CREATIONS INC COM MAMA	MAMA	131,704	$2.4m1.51%	1.51%	Reduced -42.1k	-42,130 -24.2%
31	YUM CHINA HLDGS INC COM YUMC	YUMC	56,360	$2.3m1.48%	1.48%	Unchanged
32	SYNAPTICS INC COM SYNA	SYNA	17,663	$2.2m1.41%	1.41%	Reduced -1.1k	-1,089 -5.8%
33	HEALTHEQUITY INC COM HQY	HQY	24,200	$2.2m1.41%	1.41%	Added +8.7k	+8,660 55.7%
34	SEA LTD SPONSORD ADS SE	SE	22,350	$2.1m1.38%	1.38%	Unchanged
35	TTM TECHNOLOGIES INC COM TTMI	TTMI	11,410	$2.1m1.37%	1.37%	Reduced -8.1k	-8,140 -41.6%
36	NORWEGIAN CRUISE LINE HLDG L SHS NCLH	NCLH	98,647	$2.1m1.34%	1.34%	Unchanged
37	AVERY DENNISON CORP COM AVY	AVY	12,650	$2.1m1.32%	1.32%	Unchanged
38	SAMSARA INC COM CL A IOT	IOT	63,071	$2.0m1.32%	1.32%	Unchanged
39	CHEFS WHSE INC COM CHEF	CHEF	21,048	$2.0m1.30%	1.30%	Reduced -4.8k	-4,770 -18.5%
40	RADNET INC COM RDNT	RDNT	31,686	$2.0m1.26%	1.26%	Added +5.1k	+5,054 19.0%
41	SENSATA TECHNOLOGIES HLDG PL SHS ST	ST	39,690	$1.9m1.22%	1.22%	Reduced -5.1k	-5,091 -11.4%
42	BIRKENSTOCK HOLDING PLC COM SHS BIRK	BIRK	43,750	$1.9m1.21%	1.21%	Added +9.8k	+9,850 29.1%
43	GRANITE CONSTR INC COM GVA	GVA	11,844	$1.9m1.20%	1.20%	Added +800	+800 7.2%
44	LAMB WESTON HLDGS INC COM LW	LW	42,940	$1.9m1.19%	1.19%	Unchanged
45	INFUSYSTEM HLDGS INC COM INFU	INFU	184,819	$1.8m1.15%	1.15%	Added +103.9k	+103,873 128.3%
46	ASCENT INDUSTRIES CO COM ACNT	ACNT	113,302	$1.7m1.10%	1.10%	Added +3.0k	+3,038 2.8%
47	MODINE MFG CO COM MOD	MOD	6,361	$1.7m1.09%	1.09%	Reduced -6.8k	-6,831 -51.8%
48	SCHLUMBERGER LTD COM STK SLB	SLB	35,942	$1.7m1.08%	1.08%	Reduced -6.2k	-6,210 -14.7%
49	NCR VOYIX CORPORATION COM VYX	VYX	203,769	$1.7m1.07%	1.07%	Added +38.3k	+38,260 23.1%
50	BRIGHTVIEW HLDGS INC COM BV	BV	116,484	$1.7m1.06%	1.06%	Added +16.0k	+16,002 15.9%
51	BROOKFIELD RENEWABLE CORP CL A EX SUB VTG BEPC	BEPC	43,276	$1.6m1.03%	1.03%	Unchanged
52	KILROY RLTY CORP COM KRC	KRC	42,493	$1.6m1.02%	1.02%	Reduced -18.6k	-18,622 -30.5%
53	TYLER TECHNOLOGIES INC COM TYL	TYL	5,260	$1.5m0.99%	0.99%	New
54	NEOGEN CORP COM NEOG	NEOG	168,254	$1.5m0.97%	0.97%	New
55	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	3,415	$1.4m0.87%	0.87%	Added +1.3k	+1,265 58.8%
56	VITAL FARMS INC COM VITL	VITL	113,383	$1.3m0.85%	0.85%	Reduced -16.0k	-15,954 -12.3%
57	ADIENT PLC ORD SHS ADNT	ADNT	70,998	$1.3m0.84%	0.84%	Added +13.4k	+13,367 23.2%
58	ITRON INC COM ITRI	ITRI	15,012	$1.3m0.84%	0.84%	Unchanged
59	INTL GNRL INSURANCE HLDNGS L SHS IGIC	IGIC	45,363	$1.2m0.76%	0.76%	Unchanged
60	COPART INC COM CPRT	CPRT	41,907	$1.2m0.76%	0.76%	New
61	TIC SOLUTIONS INC COM TIC	TIC	138,478	$1.1m0.72%	0.72%	Added +6.6k	+6,600 5.0%
62	ENERPAC TOOL GROUP CORP CL A COM EPAC	EPAC	29,398	$1.1m0.68%	0.68%	Unchanged
63	LAKELAND INDS INC COM LAKE	LAKE	86,117	$920.6k0.59%	0.59%	Reduced -20.6k	-20,581 -19.3%
64	KINSALE CAP GROUP INC COM KNSL	KNSL	1,485	$489.8k0.32%	0.32%	New
65	TETRA TECHNOLOGIES INC DEL COM TTI	TTI	31,953	$362.0k0.23%	0.23%	Added +15.7k	+15,700 96.6%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
NOMAD FOODS LTD NOMD	NOMD	141,590	$1.4m141.6k shares
PROCORE TECHNOLOGIES INC PCOR	PCOR	8,236	$469.5k8.2k shares