XPEL INC XPEL
COM · Common Stock · CUSIP 98379L100 · ISIN US98379L1008
- SectorIndustrials
- IndustryCoating, Engraving & Allied Services
- HeadquartersSan Antonio, TX
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 27.6m as of 2024-08-09, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $35.58. Options: 6 managers hold calls ($2.8m notional), 7 hold puts ($3.5m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 173 |
| Q4 2022 | 179 |
| Q1 2023 | 176 |
| Q2 2023 | 181 |
| Q3 2023 | 187 |
| Q4 2023 | 187 |
| Q1 2024 | 185 |
| Q2 2024 | 169 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 91 | 72 |
| Q1 2023 | 78 | 83 |
| Q2 2023 | 103 | 69 |
| Q3 2023 | 102 | 74 |
| Q4 2023 | 91 | 93 |
| Q1 2024 | 86 | 92 |
| Q2 2024 | 97 | 94 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $6.0m | $2.4m | 0.40 |
| Q4 2023 | $3.6m | $10.9m | 3.05 |
| Q1 2024 | $6.3m | $12.8m | 2.02 |
| Q2 2024 | $2.8m | $3.5m | 1.23 |
Biggest buyers
| Mawer Investment Management Ltd. | New | +338.0k |
| BlackRock Inc. | Added | +225.7k |
| SCHWARTZ INVESTMENT COUNSEL INC | Added | +162.0k |
| Cerity Partners LLC | New | +149.3k |
| CITADEL ADVISORS LLC | Added | +109.1k |
| VANGUARD GROUP INC | Added | +104.0k |
| Crawford Fund Management, LLC | Added | +85.4k |
| WASATCH ADVISORS LP | Added | +82.8k |
| Capital International Investors | Added | +69.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +51.1k |
Biggest sellers
| MORGAN STANLEY | Reduced | -604.1k |
| BROWN ADVISORY INC | Sold out | -290.6k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -194.3k |
| Rockefeller Capital Management L.P. | Reduced | -153.7k |
| Nine Ten Capital Management LLC | Reduced | -92.1k |
| PineStone Asset Management Inc. | Sold out | -77.2k |
| POLEN CAPITAL MANAGEMENT LLC | Sold out | -50.5k |
| Bares Capital Management, Inc. | Reduced | -50.0k |
| Balyasny Asset Management L.P. | Sold out | -36.2k |
| ENVESTNET ASSET MANAGEMENT INC | Reduced | -34.2k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $1.3m37.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $889.0k25.0k shares |
| Walleye Capital LLC | New | $569.0k16.0k shares |
| SIMPLEX TRADING, LLC | Added | $32.0k900 shares |
| GROUP ONE TRADING LLC | Added | $14.2k400 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $1.1m32.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.0m28.7k shares |
| SIMPLEX TRADING, LLC | Added | $682.0k19.2k shares |
| PEAK6 Investments LLC | Reduced | $394.7k11.1k shares |
| WOLVERINE TRADING, LLC | New | $206.2k5.8k shares |
| Walleye Capital LLC | New | $39.1k1.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| WASATCH ADVISORS LP 13G · institution -1.4 pts · filed 2026-10-09 | 12.4% |
| Alta Fox Opportunities Fund, LP 13G · passive investor +1.8 pts · filed 2026-05-15 | 7.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-09-03)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 3 | $17.3m | — |
| Q4 2022 | 0 | — | 4 | $4.7m | — |
| Q1 2023 | 0 | — | 1 | $14.5m | — |
| Q2 2023 | 0 | — | 3 | $27.7m | $21.6m |
| Q3 2023 | 0 | — | 3 | $5.4m | $5.4m |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 1 | $96.5k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-05-08 | North John F Director | Bought | $96.5k3.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 3.8m $133.9m | Added +225.7k |
| WASATCH ADVISORS LP 0.72% of their portfolio | 3.8m $133.8m | Added +82.8k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.6m $57.0m | Added +104.0k |
| Capital World Investors 0.01% of their portfolio | 1.1m $38.2m | Added +36.9k |
| STATE STREET CORP 0.00% of their portfolio | 810.0k $28.8m | Added +7.7k |
| Bares Capital Management, Inc. 1.16% of their portfolio | 676.1k $24.0m | Reduced -50.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 546.4k $19.4m | Added +46.1k |
| SCHWARTZ INVESTMENT COUNSEL INC 0.67% of their portfolio | 512.0k $18.2m | Added +162.0k |
| Nine Ten Capital Management LLC 5.03% of their portfolio | 367.4k $13.1m | Reduced -92.1k |
| Mawer Investment Management Ltd. 0.06% of their portfolio | 338.0k $12.0m | New |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 329.8k $11.7m | Reduced -27.7k |
| MORGAN STANLEY 0.00% of their portfolio | 311.2k $11.1m | Reduced -604.1k |
| Capital International Investors 0.00% of their portfolio | 307.7k $10.9m | Added +69.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 214.3k $7.6m | Reduced -7.9k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.02% of their portfolio | 207.3k $7.4m | Added +35.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 199.0k $7.1m | Added +18.6k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 192.9k $6.9m | Added +109.1k |
| COWBIRD CAPITAL LP 7.53% of their portfolio | 184.4k $6.6m | Reduced -7.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 169.5k $6.0m | Added +14.9k |
| Rockefeller Capital Management L.P. 0.02% of their portfolio | 161.1k $5.7m | Reduced -153.7k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio | 156.9k $5.6m | Added +27.3k |
| Cerity Partners LLC 0.01% of their portfolio | 149.3k $5.3m | New |
| SEI INVESTMENTS CO 0.01% of their portfolio | 146.4k $5.2m | Added +10.3k |
| Crawford Fund Management, LLC 3.69% of their portfolio | 132.5k $4.7m | Added +85.4k |
| GFI Investment Counsel Ltd. 0.56% of their portfolio | 120.6k $4.3m | Added +16.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 112.8k $4.0m | Reduced -3.9k |
| Cresset Asset Management, LLC 0.02% of their portfolio | 107.0k $3.8m | Added +1.5k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.21% of their portfolio | 100.2k $3.6m | Reduced -17.8k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 95.8k $3.4m | Added +5.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.00% of their portfolio | 86.5k $3.0m | Added +14.9k |
| HERITAGE WEALTH MANAGEMENT, LLC 1.61% of their portfolio | 81.8k $2.9m | Unchanged |
| Heritage Family Offices, LLP 1.61% of their portfolio | 81.8k $2.9m | First filing |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 77.1k $2.7m | Reduced -194.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 77.0k $2.7m | Added +41.3k |
| Concentric Capital Strategies, LP 0.15% of their portfolio | 69.5k $2.5m | Added +7.0k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 69.4k $2.5m | Reduced -866 |
| Venture Visionary Partners LLC 0.11% of their portfolio | 66.3k $2.4m | Reduced -5.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 63.2k $2.2m | Added +2.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 60.9k $2.2m | Added +51.1k |
| Legal & General Group Plc 0.00% of their portfolio | 60.7k $2.2m | Reduced -398 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 57.4k $2.0m | Added +14.4k |
| TITAN GLOBAL CAPITAL MANAGEMENT USA LLC 0.32% of their portfolio | 57.2k $2.0m | Reduced -2.7k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 56.4k $2.0m | Reduced -2.9k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 55.7k $2.0m | Reduced -3.5k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 55.3k $2.0m | Reduced -2.0k |
| Venator Management LLC 0.54% of their portfolio | 50.0k $1.8m | New |
| Invesco Ltd. 0.00% of their portfolio | 49.7k $1.8m | Added +235 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 48.8k $1.7m | Reduced -34.2k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 48.1k $1.7m | Added +15.4k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 46.8k $1.7m | Added +2.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 46.5k $1.7m | Reduced -20.0k |
| Aurora Investment Counsel 0.97% of their portfolio | 46.4k $1.7m | Added +10.6k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 44.6k $1.6m | Added +29.4k |
| BARCLAYS PLC 0.00% of their portfolio | 43.8k $1.6m | Reduced -11.2k |
| Swiss National Bank 0.00% of their portfolio | 43.6k $1.6m | Unchanged |
| CIBC WORLD MARKET INC. 0.00% of their portfolio | 43.6k $1.6m | Added +149 |
| RICE HALL JAMES & ASSOCIATES, LLC 0.09% of their portfolio | 42.4k $1.5m | Reduced -3.1k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 41.1k $1.5m | Added +24.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 38.1k $1.4m | Added +1.3k |
| Laurus Global Equity Management Inc. 0.72% of their portfolio | 35.9k $1.7m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 35.1k $1.2m | New |
| Kent Lake Capital LLC 0.56% of their portfolio | 34.9k $1.2m | Reduced -25.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 34.4k $1.2m | Added +20.0k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 32.4k $1.2m | Added +4.1k |
| Fiera Capital Corp 0.00% of their portfolio | 32.0k $1.1m | Added +6.0k |
| Redmond Asset Management, LLC 0.36% of their portfolio | 30.5k $1.1m | Reduced -2.4k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.01% of their portfolio | 30.1k $1.1m | Added +7.1k |
| GSA CAPITAL PARTNERS LLP 0.07% of their portfolio | 28.8k $1.0m | New |
| B. Metzler seel. Sohn & Co. AG 0.01% of their portfolio | 27.3k $969.7k | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 25.2k $895.6k | Reduced -125 |
| JB CAPITAL PARTNERS LP 0.20% of their portfolio | 25.0k $889.0k | Unchanged |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 23.0k $817.4k | Reduced -1.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 21.8k $774.9k | Reduced -366 |
| STEINBERG ASSET MANAGEMENT LLC 0.60% of their portfolio | 21.6k $769.3k | Added +15.9k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 21.1k $748.4k | Added +2.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 21.0k $749.0k | Added +4.0k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 20.6k $730.0k | Added +2.4k |
| Squarepoint Ops LLC 0.00% of their portfolio | 19.9k $707.5k | Reduced -30.4k |
| FourThought Financial Partners, LLC 0.09% of their portfolio | 19.7k $699.3k | Added +1.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 18.6k $660.0k | Reduced -2.2k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 17.7k $628.0k | Reduced -3.8k |
| AVIVA PLC 0.00% of their portfolio | 17.0k $603.3k | Added +5.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 15.8k $560.6k | New |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.05% of their portfolio | 15.4k $546.8k | Unchanged |
| Centiva Capital, LP 0.03% of their portfolio | 15.2k $539.2k | Added +10.0k |
| CITIGROUP INC 0.00% of their portfolio | 15.1k $538.0k | Added +1.4k |
| JBF Capital, Inc. 0.08% of their portfolio | 15.0k $533.4k | Unchanged |
| MetLife Investment Management, LLC 0.00% of their portfolio | 14.6k $520.3k | Added +2.7k |
| Corebridge Financial, Inc. 0.00% of their portfolio | 14.5k $515.0k | First filing |
| Forum Financial Management, LP 0.01% of their portfolio | 13.9k $495.3k | Unchanged |
| Vancity Investment Management Ltd 0.03% of their portfolio | 13.9k $527.0k | Added +6.9k |
| SG Americas Securities, LLC 0.00% of their portfolio | 13.4k $475.0k | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 13.1k $467.3k | Added +1.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 13.1k $466.6k | Reduced -835 |
| State of Alaska, Department of Revenue 0.00% of their portfolio | 12.5k $444.0k | Reduced -467 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 12.4k $440.1k | Added +36 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 11.4k $405.0k | First filing |
| Walleye Capital LLC 0.00% of their portfolio | 11.4k $404.1k | New |
| Apis Capital Advisors, LLC 0.30% of their portfolio | 11.3k $401.0k | Reduced -2.6k |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 11.2k $396.7k | Reduced -1.9k |