Expect Equity LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Expect Equity LLC reported 47 stock positions worth $93.7 million. Its top holding was Cousins Properties (CUZ) at 3.6% of the portfolio, followed by Hasbro (HAS, 3.6%) and Bel Fuse Class B (BELFB, 3.4%). Compared with Q1 2025, it opened 2 new positions, sold out of 2, added to 13 and reduced 10. The biggest buy was a new position in Cooper Cos (COO) and the biggest sale an exit from Carter's (CRI).

Most Recent 13F
Q2 2026
Location
Pikesville, MD
CIK
0002007407
Portfolio Value
$93.7M (Q2 2025)
SEC Filing
0000919574-25-004865 ↗ filed Aug 14, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q4 2024: $95.5M Q4 2024 Q1 2025: $88.9M Q1 2025 Q2 2025: $93.7M $93.7M Q2 2025 Q3 2025: $102.4M Q3 2025 Q4 2025: $121.4M Q4 2025 Q1 2026: $128.6M Q1 2026 Q2 2026: $155.4M Q2 2026

Holdings 47 stocks · $93.7M

CUZ Cousins Properties Inc. 3.57% 111,331 $3.3M Reduce -7.5%
HAS Hasbro Inc. 3.55% 45,085 $3.3M No change
BELFB Bel Fuse Inc. Class B 3.36% 32,211 $3.1M Reduce -3.0%
MKSI MKS Inc. 3.34% 31,490 $3.1M Add +6.3%
OSK Oshkosh Corp. 3.31% 27,345 $3.1M No change
CECO Ceco Environmental Corp. 3.27% 108,055 $3.1M No change
FHN First Horizon Corp. 3.25% 143,586 $3.0M No change
TTMI TTM Technologies 3.17% 72,800 $3.0M Reduce -37.9%
COLB Columbia Banking System Inc. 3.17% 127,065 $3.0M No change
FLS Flowserve Corp. 3.17% 56,719 $3.0M No change
CNM Core & Main Inc. Class A 2.93% 45,400 $2.7M Reduce -15.1%
VSEC Vse Corp. 2.92% 20,916 $2.7M Reduce -10.9%
WNS WNS Holdings Ltd. filed as WNS HLDGS LTD 2.72% 40,323 $2.6M Reduce -5.7%
LYTS Lsi Industries Inc. 2.72% 149,850 $2.5M Add +9.5%
CMC Commercial Metals Co. 2.59% 49,545 $2.4M No change
MOD Modine Manufacturing Co. 2.57% 24,485 $2.4M No change
NOMD Nomad Foods Ltd. 2.57% 141,590 $2.4M Add +22.8%
MAMA Mama's Creations Inc. 2.56% 288,776 $2.4M Add +2.0%
KMPR Kemper Corp. 2.46% 35,630 $2.3M Add +11.3%
LNTH Lantheus Holdings Inc. 2.38% 27,224 $2.2M Add +2.3%
LW Lamb Weston Holdings Inc. 2.38% 42,940 $2.2M No change
CACI Caci International Inc. Class A 2.32% 4,568 $2.2M Add +7.3%
BRKR Bruker Corp. 2.31% 52,440 $2.2M Add +22.3%
OPCH Option Care Health Inc. 2.26% 65,161 $2.1M No change
LMB Limbach Holdings Inc. 2.15% 14,342 $2.0M Reduce -53.5%
VYX NCR Voyix Corp. 2.07% 165,509 $1.9M No change
ROCK Gibraltar Industries Inc. 2.03% 32,242 $1.9M No change
THG Hanover Insurance Group Inc./ 2.02% 11,148 $1.9M Reduce -12.2%
LAKE Lakeland Industries Inc. 1.91% 131,249 $1.8M Add +42.7%
NOG Northern Oil and Gas Inc. 1.84% 60,830 $1.7M No change
BV Brightview Holdings Inc. 1.73% 97,153 $1.6M No change
CHEF The Chefs' Warehouse Inc. 1.72% 25,218 $1.6M No change
HAE Haemonetics Corp. 1.69% 21,224 $1.6M Add +16.6%
CON Concentra Group Holdings Par 1.65% 75,140 $1.5M Add +41.5%
CTLP Cantaloupe Inc. 1.38% 117,739 $1.3M Add +30.3%
EPAC Enerpac Tool Group Corp. 1.27% 29,398 $1.2M No change
CIVI Civitas Resources Inc. 1.23% 41,780 $1.1M No change
IART Integra Lifesciences Holding 1.21% 92,105 $1.1M No change
COO The Cooper Cos Inc. 1.19% 15,660 $1.1M New
GVA Granite Construction Inc. 1.06% 10,644 $995K No change
HI Hillenbrand Inc. 1.05% 48,815 $980K No change
VMD Viemed Healthcare Inc. 1.02% 137,673 $951K Reduce -19.3%
RDNT Radnet Inc. 0.93% 15,232 $867K Add +28.7%
SYNA Synaptics Inc. 0.80% 11,538 $748K No change
MEC Mayville Engineering Co. Inc. 0.48% 28,233 $451K Reduce -48.3%
ARIS WATER SOLUTIONS INC-A 0.46% 18,283 $432K No change
ACNT Ascent Industries Co. 0.27% 20,201 $255K New

Portfolio Sells Q1 2025 → Q2 2025

CRI Carter's Inc. Sold out 0.00% −1.67
HAIN Hain Celestial Group Inc. Sold out 0.00% −0.81
THG Hanover Insurance Group Inc./ Reduce -12.2% 2.02% −0.46
LMB Limbach Holdings Inc. Reduce -53.5% 2.15% −0.44
CUZ Cousins Properties Inc. Reduce -7.5% 3.57% −0.43
VMD Viemed Healthcare Inc. Reduce -19.3% 1.02% −0.38
MEC Mayville Engineering Co. Inc. Reduce -48.3% 0.48% −0.34
VSEC Vse Corp. Reduce -10.9% 2.92% −0.25
WNS WNS Holdings Ltd. Reduce -5.7% 2.72% −0.24
CNM Core & Main Inc. Class A Reduce -15.1% 2.93% +0.02
TTMI TTM Technologies Reduce -37.9% 3.17% +0.47
BELFB Bel Fuse Inc. Class B Reduce -3.0% 3.36% +0.56

Portfolio Buys Q1 2025 → Q2 2025

COO The Cooper Cos Inc. New 1.19% +1.19
MKSI MKS Inc. Add +6.3% 3.34% +0.67
CTLP Cantaloupe Inc. Add +30.3% 1.38% +0.58
CACI Caci International Inc. Class A Add +7.3% 2.32% +0.57
MAMA Mama's Creations Inc. Add +2.0% 2.56% +0.48
HAE Haemonetics Corp. Add +16.6% 1.69% +0.39
CON Concentra Group Holdings Par Add +41.5% 1.65% +0.35
BRKR Bruker Corp. Add +22.3% 2.31% +0.29
ACNT Ascent Industries Co. New 0.27% +0.27
RDNT Radnet Inc. Add +28.7% 0.93% +0.26
LYTS Lsi Industries Inc. Add +9.5% 2.72% +0.10
KMPR Kemper Corp. Add +11.3% 2.46% +0.05
NOMD Nomad Foods Ltd. Add +22.8% 2.57% +0.02
LAKE Lakeland Industries Inc. Add +42.7% 1.91% −0.19
LNTH Lantheus Holdings Inc. Add +2.3% 2.38% −0.55

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 65$155.4MMKSI, COLB, ATI, CUZ, BRKR
Q1 2026Amended 62$128.6MMKSI, COLB, FHN, ATI, CACI
Q4 2025Amended 58$121.4MFHN, COLB, MKSI, FLS, ATI
Q3 2025 49$102.4MMKSI, CECO, COLB, CUZ, FHN
Q2 2025 47$93.7MCUZ, HAS, BELFB, MKSI, OSK
Q1 2025 47$88.9MCUZ, COLB, VSEC, FHN, HAS
Q4 2024 45$95.5MCUZ, COLB, FLS, MKSI, FHN