Expect Equity LLC

Pikesville, MD · CIK 2007407 · 13F filing filed 2026-08-19

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.

$128.6m reported value +5.9% vs Q4 2025

62positions

27.6%in top 10

9 new 23 added 10 reduced 5 sold out vs Q4 2025

Holdings, Q1 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	18,485	$4.2m3.30%	3.30%	Reduced -5.5k	-5,530 -23.0%
2	COLUMBIA BKG SYS INC COM COLB	COLB	143,065	$3.9m3.05%	3.05%	Unchanged
3	FIRST HORIZON CORPORATION COM FHN	FHN	170,926	$3.9m3.03%	3.03%	Unchanged
4	ATI INC COM ATI	ATI	25,945	$3.8m2.94%	2.94%	Reduced -2.5k	-2,465 -8.7%
5	CACI INTL INC CL A CACI	CACI	6,718	$3.7m2.84%	2.84%	Added +770	+770 12.9%
6	FLOWSERVE CORP COM FLS	FLS	48,094	$3.5m2.75%	2.75%	Reduced -3.8k	-3,830 -7.4%
7	OSHKOSH CORP COM OSK	OSK	23,225	$3.4m2.66%	2.66%	Reduced -1.8k	-1,830 -7.3%
8	STANDARDAERO INC COM SARO	SARO	118,978	$3.1m2.39%	2.39%	Added +37.5k	+37,487 46.0%
9	SM ENERGY CO COM SM	SM	95,806	$3.0m2.32%	2.32%	New
10	CONCENTRA GROUP HOLDINGS PAR COMMON STOCK CON	CON	136,150	$2.9m2.27%	2.27%	Added +17.3k	+17,320 14.6%
11	MODINE MFG CO COM MOD	MOD	13,192	$2.9m2.22%	2.22%	Reduced -2.4k	-2,383 -15.3%
12	COUSINS PPTYS INC COM NEW CUZ	CUZ	123,351	$2.8m2.17%	2.17%	Unchanged
13	YUM CHINA HLDGS INC COM YUMC	YUMC	56,360	$2.7m2.14%	2.14%	Unchanged
14	LSI INDS INC OHIO COM LYTS	LYTS	143,604	$2.7m2.08%	2.08%	Unchanged
15	MAMAS CREATIONS INC COM MAMA	MAMA	173,834	$2.7m2.07%	2.07%	Reduced -17.2k	-17,189 -9.0%
16	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	7,828	$2.6m2.06%	2.06%	Unchanged
17	GIBRALTAR INDS INC COM ROCK	ROCK	63,467	$2.5m1.97%	1.97%	Added +11.9k	+11,934 23.2%
18	VSE CORP COM VSEC	VSEC	13,617	$2.5m1.95%	1.95%	Reduced -3.0k	-2,991 -18.0%
19	COOPER COS INC COM COO	COO	34,620	$2.5m1.93%	1.93%	Unchanged
20	EAST WEST BANCORP INC COM EWBC	EWBC	23,015	$2.5m1.91%	1.91%	Added +5.9k	+5,880 34.3%
21	LIMBACH HLDGS INC COM LMB	LMB	31,337	$2.4m1.90%	1.90%	Added +2.8k	+2,826 9.9%
22	LANTHEUS HLDGS INC COM LNTH	LNTH	32,073	$2.4m1.89%	1.89%	Added +2.4k	+2,374 8.0%
23	COMMERCIAL METALS CO COM CMC	CMC	39,510	$2.4m1.89%	1.89%	Unchanged
24	CORE & MAIN INC CL A CNM	CNM	46,850	$2.3m1.80%	1.80%	Unchanged
25	CECO ENVIRONMENTAL CORP COM CECO	CECO	38,473	$2.3m1.78%	1.78%	Reduced -9.4k	-9,411 -19.6%
26	BEL FUSE INC CL B BELFB	BELFB	11,061	$2.2m1.70%	1.70%	Reduced -7.5k	-7,476 -40.3%
27	AVERY DENNISON CORP COM AVY	AVY	12,650	$2.2m1.70%	1.70%	Added +3.8k	+3,770 42.5%
28	SCHLUMBERGER LTD COM STK SLB	SLB	42,152	$2.2m1.68%	1.68%	Unchanged
29	HAEMONETICS CORP MASS COM HAE	HAE	37,026	$2.1m1.62%	1.62%	Added +5.6k	+5,645 18.0%
30	OPTION CARE HEALTH INC COM NEW OPCH	OPCH	76,661	$2.1m1.61%	1.61%	Added +5.8k	+5,800 8.2%
31	SHARKNINJA INC COM SHS SN	SN	19,170	$2.0m1.58%	1.58%	Added +5.5k	+5,450 39.7%
32	BRUKER CORP COM BRKR	BRKR	56,130	$2.0m1.58%	1.58%	Unchanged
33	SAMSARA INC COM CL A IOT	IOT	63,071	$2.0m1.55%	1.55%	Added +15.2k	+15,225 31.8%
34	TTM TECHNOLOGIES INC COM TTMI	TTMI	19,550	$1.9m1.48%	1.48%	Unchanged
35	VIEMED HEALTHCARE INC COM VMD	VMD	203,685	$1.9m1.46%	1.46%	Added +29.7k	+29,715 17.1%
36	SEA LTD SPONSORD ADS SE	SE	22,350	$1.9m1.44%	1.44%	New
37	NORWEGIAN CRUISE LINE HLDG L SHS NCLH	NCLH	98,647	$1.8m1.43%	1.43%	Unchanged
38	VITAL FARMS INC COM VITL	VITL	129,337	$1.8m1.42%	1.42%	Added +64.6k	+64,644 99.9%
39	LAMB WESTON HLDGS INC COM LW	LW	42,940	$1.8m1.41%	1.41%	Unchanged
40	KILROY RLTY CORP COM KRC	KRC	61,115	$1.7m1.34%	1.34%	Added +10.3k	+10,300 20.3%
41	BROOKFIELD RENEWABLE CORP CL A EX SUB VTG BEPC	BEPC	43,276	$1.7m1.34%	1.34%	Unchanged
42	SENSATA TECHNOLOGIES HLDG PL SHS ST	ST	44,781	$1.6m1.23%	1.23%	New
43	CHEFS WHSE INC COM CHEF	CHEF	25,818	$1.5m1.19%	1.19%	Added +2.0k	+2,000 8.4%
44	RADNET INC COM RDNT	RDNT	26,632	$1.5m1.16%	1.16%	Added +8.3k	+8,300 45.3%
45	ASCENT INDUSTRIES CO COM ACNT	ACNT	110,264	$1.5m1.14%	1.14%	Added +6.8k	+6,775 6.5%
46	NOMAD FOODS LTD USD ORD SHS NOMD	NOMD	141,590	$1.4m1.06%	1.06%	Unchanged
47	ITRON INC COM ITRI	ITRI	15,012	$1.3m1.05%	1.05%	New
48	GRANITE CONSTR INC COM GVA	GVA	11,044	$1.3m1.03%	1.03%	Added +400	+400 3.8%
49	SYNAPTICS INC COM SYNA	SYNA	18,752	$1.3m1.02%	1.02%	Added +1.4k	+1,400 8.1%
50	HEALTHEQUITY INC COM HQY	HQY	15,540	$1.3m1.01%	1.01%	New
51	BIRKENSTOCK HOLDING PLC COM SHS BIRK	BIRK	33,900	$1.2m0.94%	0.94%	New
52	BRIGHTVIEW HLDGS INC COM BV	BV	100,482	$1.2m0.92%	0.92%	Unchanged
53	ADIENT PLC ORD SHS ADNT	ADNT	57,631	$1.2m0.91%	0.91%	Added +21.6k	+21,590 59.9%
54	INTL GNRL INSURANCE HLDNGS L SHS IGIC	IGIC	45,363	$1.1m0.85%	0.85%	Added +26.8k	+26,839 144.9%
55	ENERPAC TOOL GROUP CORP CL A COM EPAC	EPAC	29,398	$1.1m0.83%	0.83%	Unchanged
56	NCR VOYIX CORPORATION COM VYX	VYX	165,509	$1.0m0.81%	0.81%	Unchanged
57	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	2,150	$991.1k0.77%	0.77%	New
58	LAKELAND INDS INC COM LAKE	LAKE	106,698	$873.9k0.68%	0.68%	Reduced -59.4k	-59,363 -35.8%
59	TIC SOLUTIONS INC COM TIC	TIC	131,878	$867.8k0.67%	0.67%	Added +40.9k	+40,874 44.9%
60	INFUSYSTEM HLDGS INC COM INFU	INFU	80,946	$747.1k0.58%	0.58%	New
61	PROCORE TECHNOLOGIES INC COM PCOR	PCOR	8,236	$469.5k0.37%	0.37%	Unchanged
62	TETRA TECHNOLOGIES INC DEL COM TTI	TTI	16,253	$138.5k0.11%	0.11%	New

Sold out since Q4 2025

Security	Ticker	Shares held before	Value then
HANOVER INS GROUP INC THG	THG	9,704	$1.8m9.7k shares
HASBRO INC HAS	HAS	19,490	$1.6m19.5k shares
CIVITAS RESOURCES INC CIVI	CIVI	55,080	$1.5m55.1k shares
NORTHERN OIL & GAS INC NOG	NOG	60,830	$1.3m60.8k shares
CANTALOUPE INC USAT	USAT	117,739	$1.3m117.7k shares