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 ($279.0k this quarter). Holder counts are more reliable. Shares outstanding: 27.6m as of 2024-11-08, 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 ≈ $39.94. Options: 6 managers hold calls ($3.4m notional), 5 hold puts ($1.8m).
Trends to Q4 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 |
| Q3 2024 | 183 |
| Q4 2024 | 174 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 78 | 83 |
| Q2 2023 | 103 | 69 |
| Q3 2023 | 102 | 74 |
| Q4 2023 | 91 | 93 |
| Q1 2024 | 86 | 92 |
| Q2 2024 | 97 | 94 |
| Q3 2024 | 102 | 70 |
| Q4 2024 | 81 | 81 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $6.3m | $12.8m | 2.02 |
| Q2 2024 | $2.8m | $3.5m | 1.23 |
| Q3 2024 | $4.6m | $5.4m | 1.17 |
| Q4 2024 | $3.4m | $1.8m | 0.52 |
Biggest buyers
| BlackRock, Inc. | Added | +239.4k |
| MIRABELLA FINANCIAL SERVICES LLP | New | +221.7k |
| LHM, INC. | New | +122.4k |
| UBS Group AG | Added | +118.6k |
| Rockefeller Capital Management L.P. | Added | +61.9k |
| Crawford Fund Management, LLC | Added | +51.4k |
| Mawer Investment Management Ltd. | Added | +48.6k |
| STATE STREET CORP | Added | +48.4k |
| Trexquant Investment LP | New | +30.6k |
| GOLDMAN SACHS GROUP INC | Added | +30.6k |
Biggest sellers
| MORGAN STANLEY | Reduced | -157.3k |
| CITADEL ADVISORS LLC | Reduced | -120.8k |
| GFI Investment Counsel Ltd. | Sold out | -120.6k |
| Edge Capital Group, LLC | Reduced | -52.0k |
| Nine Ten Capital Management LLC | Reduced | -50.0k |
| Balyasny Asset Management L.P. | Reduced | -46.0k |
| BANK OF AMERICA CORP /DE/ | Reduced | -45.0k |
| Concentric Capital Strategies, LP | Sold out | -37.9k |
| WASATCH ADVISORS LP | Reduced | -33.5k |
| JANE STREET GROUP, LLC | Reduced | -33.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.9m47.4k shares |
| CITADEL ADVISORS LLC | Reduced | $1.0m25.2k shares |
| Walleye Capital LLC | Reduced | $311.5k7.8k shares |
| GROUP ONE TRADING LLC | Added | $115.8k2.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $55.0k1.4k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $934.6k23.4k shares |
| CITADEL ADVISORS LLC | Reduced | $547.2k13.7k shares |
| Walleye Capital LLC | Reduced | $227.7k5.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $55.0k1.4k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 3 | $2.7m | $2.4m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-12-02 | Pape Ryan President and CEO, director | Sold plan | $612.2k13.5k shares |
| 2024-11-25 | Pape Ryan President and CEO, director | Sold plan | $926.9k20.0k shares |
| 2024-11-25 | Wood Barry Senior Vice President/CFO | Sold | $86.0k1.9k shares |
| 2024-11-19 | Pape Ryan President and CEO, director | Sold plan | $852.8k20.0k shares |
| 2024-11-19 | Klonne Mike Director · by: Michael A. Klonne Living Trust | Sold | $215.0k5.0k 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, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 4.1m $165.6m | Added +239.4k |
| WASATCH ADVISORS LP 0.77% of their portfolio | 3.9m $155.7m | Reduced -33.5k |
| Edge Capital Group, LLC 3.17% of their portfolio | 1.8m $71.2m | Reduced -52.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.6m $64.8m | Reduced -9.4k |
| Capital World Investors 0.01% of their portfolio | 1.3m $52.5m | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 890.6k $35.6m | Added +48.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 571.1k $22.8m | Reduced -792 |
| SCHWARTZ INVESTMENT COUNSEL INC 0.77% of their portfolio | 537.0k $21.4m | Added +25.0k |
| Mawer Investment Management Ltd. 0.07% of their portfolio | 397.5k $15.9m | Added +48.6k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 318.0k $12.7m | Added +3.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 255.9k $10.2m | Added +22.4k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.03% of their portfolio | 242.6k $9.7m | Added +11.5k |
| MORGAN STANLEY 0.00% of their portfolio | 230.7k $9.2m | Reduced -157.3k |
| MIRABELLA FINANCIAL SERVICES LLP 0.81% of their portfolio | 221.7k $8.9m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 207.2k $8.3m | Reduced -208 |
| Rockefeller Capital Management L.P. 0.02% of their portfolio | 193.0k $7.7m | Added +61.9k |
| Nine Ten Capital Management LLC 2.17% of their portfolio | 190.7k $7.6m | Reduced -50.0k |
| Crawford Fund Management, LLC 5.03% of their portfolio | 188.0k $7.5m | Added +51.4k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 160.7k $6.4m | Added +8.2k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio | 158.7k $6.3m | Added +1.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 150.9k $6.0m | Reduced -10.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 130.8k $5.2m | Added +30.6k |
| UBS Group AG 0.00% of their portfolio | 128.2k $5.1m | Added +118.6k |
| LHM, INC. 1.56% of their portfolio | 122.4k $4.9m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 114.9k $4.6m | Added +3.7k |
| Cresset Asset Management, LLC 0.02% of their portfolio | 108.7k $4.3m | Added +489 |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 107.0k $4.3m | Reduced -120.8k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 93.7k $3.7m | Added +25.9k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.20% of their portfolio | 92.0k $3.7m | Unchanged |
| NORDEA INVESTMENT MANAGEMENT AB 0.00% of their portfolio | 82.3k $3.3m | Added +1.2k |
| Heritage Family Offices, LLP 1.63% of their portfolio | 81.8k $3.3m | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 80.3k $3.2m | Added +1.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 76.4k $3.1m | Reduced -700 |
| ALGERT GLOBAL LLC 0.07% of their portfolio | 72.2k $2.9m | Added +15.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 63.2k $2.5m | Reduced -180 |
| Legal & General Group Plc 0.00% of their portfolio | 63.2k $2.5m | Added +510 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 63.1k $2.5m | Unchanged |
| Venture Visionary Partners LLC 0.11% of their portfolio | 62.9k $2.5m | Reduced -5.0k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 56.5k $2.3m | Added +8.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 55.4k $2.2m | Reduced -32.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 55.1k $2.2m | Added +8.5k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 52.6k $2.1m | Reduced -1.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 52.1k $2.1m | Reduced -1.4k |
| Invesco Ltd. 0.00% of their portfolio | 50.5k $2.0m | Added +1.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 50.3k $2.0m | Reduced -22.5k |
| Venator Management LLC 0.58% of their portfolio | 50.0k $2.0m | Unchanged |
| TITAN GLOBAL CAPITAL MANAGEMENT USA LLC 0.30% of their portfolio | 49.1k $2.0m | Reduced -4.6k |
| CIBC WORLD MARKET INC. 0.00% of their portfolio | 47.4k $1.9m | Added +999 |
| Laurus Global Equity Management Inc. 0.96% of their portfolio | 46.5k $1.9m | Added +10.6k |
| Aurora Investment Counsel 0.99% of their portfolio | 45.3k $1.8m | Reduced -259 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 44.5k $1.8m | Added +11.1k |
| Swiss National Bank 0.00% of their portfolio | 43.2k $1.7m | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 42.4k $1.7m | Added +4.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 42.3k $1.7m | Added +4.0k |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 37.8k $1.5m | Added +28.5k |
| CITIGROUP INC 0.00% of their portfolio | 32.9k $1.3m | Added +3.6k |
| Fiera Capital Corp 0.00% of their portfolio | 32.0k $1.3m | Added +1.0k |
| Trexquant Investment LP 0.01% of their portfolio | 30.6k $1.2m | New |
| Redmond Asset Management, LLC 0.29% of their portfolio | 29.0k $1.2m | Unchanged |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.01% of their portfolio | 28.1k $1.1m | Reduced -1.9k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 27.9k $1.1m | New |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 26.8k $1.1m | New |
| GSA CAPITAL PARTNERS LLP 0.08% of their portfolio | 26.5k $1.1m | Added +12.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 25.5k $1.0m | Reduced -45.0k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 25.0k $999.5k | Reduced -22.3k |
| JB CAPITAL PARTNERS LP 0.19% of their portfolio | 25.0k $998.5k | Unchanged |
| BRIDGES INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 25.0k $998.4k | Added +18.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 24.7k $988.4k | Reduced -212 |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 24.5k $979.2k | Added +2.1k |
| B. Metzler seel. Sohn & Co. AG 0.01% of their portfolio | 24.4k $976.3k | Reduced -3.7k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 23.0k $919.3k | Added +7.5k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 23.0k $917.3k | Reduced -29.1k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 23.0k $917.1k | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 22.9k $914.0k | Added +1.6k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 22.0k $877.0k | Added +1.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 20.9k $834.4k | Reduced -240 |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 19.7k $786.0k | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 18.6k $741.0k | Unchanged |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 17.5k $700.0k | Reduced -275 |
| STEINBERG ASSET MANAGEMENT LLC 0.50% of their portfolio | 16.9k $676.5k | Reduced -3.8k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 16.3k $651.4k | Added +53 |
| MetLife Investment Management, LLC 0.00% of their portfolio | 15.5k $618.5k | Added +854 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 15.3k $609.6k | Reduced -503 |
| JBF Capital, Inc. 0.10% of their portfolio | 15.0k $599.1k | Unchanged |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 14.4k $574.1k | Added +511 |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 13.8k $550.0k | New |
| AVIVA PLC 0.00% of their portfolio | 13.7k $547.0k | Reduced -1.1k |
| Forum Financial Management, LP 0.01% of their portfolio | 13.6k $544.9k | Reduced -287 |
| Corebridge Financial, Inc. 0.00% of their portfolio | 13.4k $533.4k | Reduced -1.0k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 12.9k $513.0k | Reduced -76 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 12.9k $513.5k | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 12.4k $494.0k | Reduced -515 |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 12.2k $485.8k | Reduced -46.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 12.2k $485.6k | Reduced -7.7k |
| EntryPoint Capital, LLC 0.20% of their portfolio | 12.0k $477.3k | Added +4.4k |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 11.0k $439.3k | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 10.8k $430.5k | Reduced -33.3k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.00% of their portfolio | 9.9k $395.6k | Unchanged |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 9.8k $389.7k | Added +4.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 9.1k $363.1k | Reduced -600 |