Expect Equity LLC Long-Term Concentrated

CIK: 0002007407 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $103,453 (100.0% shares, 0.0% debt)

Holdings (47)

New Positions (3)

EWBC EAST WEST BANCORP INC 1.9%

Value ($000) $1,926 Shares 17,135 Est. Cost $105.17 Unrealized 0.0%

AVY AVERY DENNISON CORP 1.6%

Value ($000) $1,615 Shares 8,880 Est. Cost $172.31 Unrealized 0.0%

SN SHARKNINJA INC 1.5%

Value ($000) $1,535 Shares 13,720 Est. Cost $98.55 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EWBC	EAST WEST BANCORP INC	17,135	$1,926	1.9%	$105.17	0.0%	COM	27579R104
AVY	AVERY DENNISON CORP	8,880	$1,615	1.6%	$172.31	0.0%	COM	053611109
SN	SHARKNINJA INC	13,720	$1,535	1.5%	$98.55	0.0%	COM SHS	G8068L108

Increased Positions (17)

ATI ATI INC 3.2%

Value ($000) $3,260 (+161.1%) Shares 28,410 (+85.1%) Est. Cost $88.59 Unrealized +10.0%

SARO STANDARDAERO INC 2.3%

Value ($000) $2,337 (+463.4%) Shares 81,491 (+436.1%) Est. Cost $27.38 Unrealized -0.6%

HAE HAEMONETICS CORP MASS 2.4%

Value ($000) $2,515 (+66.9%) Shares 31,381 (+1.5%) Est. Cost $71.47 Unrealized -6.0%

COO COOPER COS INC 2.7%

Value ($000) $2,837 (+54.3%) Shares 34,620 (+29.0%) Est. Cost $74.33 Unrealized +0.7%

BRKR BRUKER CORP 2.6%

Value ($000) $2,644 (+55.2%) Shares 56,130 (+7.0%) Est. Cost $54.23 Unrealized -22.1%

LAKE LAKELAND INDS INC 1.4%

Value ($000) $1,468 (-36.2%) Shares 166,061 (+6.9%) Est. Cost $19.01 Unrealized -26.1%

LMB LIMBACH HLDGS INC 2.1%

Value ($000) $2,220 (+59.4%) Shares 28,511 (+98.8%) Est. Cost $85.17 Unrealized -3.4%

CMC COMMERCIAL METALS CO 2.6%

Value ($000) $2,735 (+36.9%) Shares 39,510 (+13.3%) Est. Cost $56.23 Unrealized +11.0%

LNTH LANTHEUS HLDGS INC 1.9%

Value ($000) $1,976 (+41.5%) Shares 29,699 (+9.1%) Est. Cost $93.72 Unrealized -37.9%

VMD VIEMED HEALTHCARE INC 1.2%

Value ($000) $1,293 (+74.6%) Shares 173,970 (+59.6%) Est. Cost $7.99 Unrealized -14.3%

FHN FIRST HORIZON CORPORATION 3.9%

Value ($000) $4,085 (+15.1%) Shares 170,926 (+8.9%) Est. Cost $18.79 Unrealized +18.0%

ACNT ASCENT INDUSTRIES CO 1.6%

Value ($000) $1,675 (+29.5%) Shares 103,489 (+3.0%) Est. Cost $12.66 Unrealized +8.6%

ROCK GIBRALTAR INDS INC 2.5%

Value ($000) $2,548 (+14.0%) Shares 51,533 (+44.8%) Est. Cost $64.44 Unrealized -11.1%

SYNA SYNAPTICS INC 1.2%

Value ($000) $1,284 (+24.9%) Shares 17,352 (+15.3%) Est. Cost $73.44 Unrealized -4.4%

CON CONCENTRA GROUP HOLDINGS PAR 2.3%

Value ($000) $2,339 (+5.5%) Shares 118,830 (+12.2%) Est. Cost $21.32 Unrealized -6.4%

TIC TIC SOLUTIONS INC 0.9%

Value ($000) $920 (+4.4%) Shares 91,004 (+37.4%) Est. Cost $11.33 Unrealized -1.7%

RDNT RADNET INC 1.3%

Value ($000) $1,308 (-2.7%) Shares 18,332 (+4.0%) Est. Cost $59.81 Unrealized +29.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ATI	ATI INC	28,410 (+85.1%)	$3,260 (+161.1%)	3.2%	$88.59	+10.0%	COM	01741R102
SARO	STANDARDAERO INC	81,491 (+436.1%)	$2,337 (+463.4%)	2.3%	$27.38	-0.6%	COM	85423L103
HAE	HAEMONETICS CORP MASS	31,381 (+1.5%)	$2,515 (+66.9%)	2.4%	$71.47	-6.0%	COM	405024100
COO	COOPER COS INC	34,620 (+29.0%)	$2,837 (+54.3%)	2.7%	$74.33	+0.7%	COM	216648501
BRKR	BRUKER CORP	56,130 (+7.0%)	$2,644 (+55.2%)	2.6%	$54.23	-22.1%	COM	116794108
LAKE	LAKELAND INDS INC	166,061 (+6.9%)	$1,468 (-36.2%)	1.4%	$19.01	-26.1%	COM	511795106
LMB	LIMBACH HLDGS INC	28,511 (+98.8%)	$2,220 (+59.4%)	2.1%	$85.17	-3.4%	COM	53263P105
CMC	COMMERCIAL METALS CO	39,510 (+13.3%)	$2,735 (+36.9%)	2.6%	$56.23	+11.0%	COM	201723103
LNTH	LANTHEUS HLDGS INC	29,699 (+9.1%)	$1,976 (+41.5%)	1.9%	$93.72	-37.9%	COM	516544103
VMD	VIEMED HEALTHCARE INC	173,970 (+59.6%)	$1,293 (+74.6%)	1.2%	$7.99	-14.3%	COM	92663R105
FHN	FIRST HORIZON CORPORATION	170,926 (+8.9%)	$4,085 (+15.1%)	3.9%	$18.79	+18.0%	COM	320517105
ACNT	ASCENT INDUSTRIES CO	103,489 (+3.0%)	$1,675 (+29.5%)	1.6%	$12.66	+8.6%	COM	871565107
ROCK	GIBRALTAR INDS INC	51,533 (+44.8%)	$2,548 (+14.0%)	2.5%	$64.44	-11.1%	COM	374689107
SYNA	SYNAPTICS INC	17,352 (+15.3%)	$1,284 (+24.9%)	1.2%	$73.44	-4.4%	COM	87157D109
CON	CONCENTRA GROUP HOLDINGS PAR	118,830 (+12.2%)	$2,339 (+5.5%)	2.3%	$21.32	-6.4%	COMMON STOCK	20603L102
TIC	TIC SOLUTIONS INC	91,004 (+37.4%)	$920 (+4.4%)	0.9%	$11.33	-1.7%	COM	00510N102
RDNT	RADNET INC	18,332 (+4.0%)	$1,308 (-2.7%)	1.3%	$59.81	+29.1%	COM	750491102

Exited Positions (5)

— WNS HLDGS LTD 3.0%

Value ($000) $3,075 Shares 40,323 Est. Cost $47.39 Unrealized —

KMPR KEMPER CORP 2.2%

Value ($000) $2,273 Shares 44,100 Est. Cost $63.78 Unrealized -32.9%

— HILLENBRAND INC 1.3%

Value ($000) $1,320 Shares 48,815 Est. Cost $30.78 Unrealized —

IART INTEGRA LIFESCIENCES HLDGS C 1.3%

Value ($000) $1,320 Shares 92,105 Est. Cost $21.83 Unrealized -39.1%

— ARIS WATER SOLUTIONS INC 0.4%

Value ($000) $451 Shares 18,283 Est. Cost $23.95 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	WNS HLDGS LTD	40,323	$3,075	3.0%	$47.39	—	—	G98196101
KMPR	KEMPER CORP	44,100	$2,273	2.2%	$63.78	-32.9%	—	488401100
—	HILLENBRAND INC	48,815	$1,320	1.3%	$30.78	—	—	431571108
IART	INTEGRA LIFESCIENCES HLDGS C	92,105	$1,320	1.3%	$21.83	-39.1%	—	457985208
—	ARIS WATER SOLUTIONS INC	18,283	$451	0.4%	$23.95	—	—	04041L106

Decreased Positions (10)

TTMI TTM TECHNOLOGIES INC 1.3%

Value ($000) $1,349 (-43.6%) Shares 19,550 (-52.9%) Est. Cost $22.65 Unrealized +188.1%

CECO CECO ENVIRONMENTAL CORP 2.8%

Value ($000) $2,866 (-24.6%) Shares 47,884 (-35.5%) Est. Cost $28.45 Unrealized +88.0%

MOD MODINE MFG CO 2.0%

Value ($000) $2,079 (-26.0%) Shares 15,575 (-21.2%) Est. Cost $123.71 Unrealized +20.4%

HAS HASBRO INC 1.5%

Value ($000) $1,598 (-28.8%) Shares 19,490 (-34.2%) Est. Cost $62.34 Unrealized +25.2%

FLS FLOWSERVE CORP 3.5%

Value ($000) $3,602 (+10.7%) Shares 51,924 (-15.2%) Est. Cost $56.16 Unrealized +14.1%

THG HANOVER INS GROUP INC 1.7%

Value ($000) $1,774 (-12.4%) Shares 9,704 (-13.0%) Est. Cost $151.15 Unrealized +18.5%

MAMA MAMAS CREATIONS INC 2.5%

Value ($000) $2,577 (-7.7%) Shares 191,023 (-28.1%) Est. Cost $7.81 Unrealized +47.2%

BELFB BEL FUSE INC 3.0%

Value ($000) $3,144 (-5.1%) Shares 18,537 (-21.1%) Est. Cost $80.56 Unrealized +93.9%

MKSI MKS INC. 3.7%

Value ($000) $3,838 (-1.5%) Shares 24,015 (-23.7%) Est. Cost $105.36 Unrealized +40.7%

VSEC VSE CORP 2.8%

Value ($000) $2,869 (-0.9%) Shares 16,608 (-4.7%) Est. Cost $104.96 Unrealized +62.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TTMI	TTM TECHNOLOGIES INC	19,550 (-52.9%)	$1,349 (-43.6%)	1.3%	$22.65	+188.1%	COM	87305R109
CECO	CECO ENVIRONMENTAL CORP	47,884 (-35.5%)	$2,866 (-24.6%)	2.8%	$28.45	+88.0%	COM	125141101
MOD	MODINE MFG CO	15,575 (-21.2%)	$2,079 (-26.0%)	2.0%	$123.71	+20.4%	COM	607828100
HAS	HASBRO INC	19,490 (-34.2%)	$1,598 (-28.8%)	1.5%	$62.34	+25.2%	COM	418056107
FLS	FLOWSERVE CORP	51,924 (-15.2%)	$3,602 (+10.7%)	3.5%	$56.16	+14.1%	COM	34354P105
THG	HANOVER INS GROUP INC	9,704 (-13.0%)	$1,774 (-12.4%)	1.7%	$151.15	+18.5%	COM	410867105
MAMA	MAMAS CREATIONS INC	191,023 (-28.1%)	$2,577 (-7.7%)	2.5%	$7.81	+47.2%	COM	56146T103
BELFB	BEL FUSE INC	18,537 (-21.1%)	$3,144 (-5.1%)	3.0%	$80.56	+93.9%	CL B	077347300
MKSI	MKS INC.	24,015 (-23.7%)	$3,838 (-1.5%)	3.7%	$105.36	+40.7%	COM	55306N104
VSEC	VSE CORP	16,608 (-4.7%)	$2,869 (-0.9%)	2.8%	$104.96	+62.8%	COM	918284100

Unchanged Positions (17)

LYTS LSI INDS INC OHIO 2.5%

Value ($000) $2,631 Shares 143,604 Est. Cost $18.40 Unrealized +10.5%

LW LAMB WESTON HLDGS INC 1.7%

Value ($000) $1,799 Shares 42,940 Est. Cost $72.60 Unrealized -19.1%

CUZ COUSINS PPTYS INC 3.1%

Value ($000) $3,180 Shares 123,351 Est. Cost $30.47 Unrealized —

VYX NCR VOYIX CORPORATION 1.6%

Value ($000) $1,688 Shares 165,509 Est. Cost $13.88 Unrealized -21.7%

COLB COLUMBIA BKG SYS INC 3.9%

Value ($000) $3,999 Shares 143,065 Est. Cost $26.70 Unrealized +0.6%

CIVI CIVITAS RESOURCES INC 1.4%

Value ($000) $1,492 Shares 55,080 Est. Cost $42.67 Unrealized -33.1%

OPCH OPTION CARE HEALTH INC 2.2%

Value ($000) $2,258 Shares 70,861 Est. Cost $25.57 Unrealized +14.8%

NOG NORTHERN OIL & GAS INC 1.3%

Value ($000) $1,306 Shares 60,830 Est. Cost $39.19 Unrealized -42.8%

CACI CACI INTL INC 3.1%

Value ($000) $3,169 Shares 5,948 Est. Cost $409.19 Unrealized +38.1%

OSK OSHKOSH CORP 3.0%

Value ($000) $3,148 Shares 25,055 Est. Cost $102.34 Unrealized +25.0%

CHEF CHEFS WHSE INC 1.4%

Value ($000) $1,485 Shares 23,818 Est. Cost $43.55 Unrealized +38.1%

NOMD NOMAD FOODS LTD 1.7%

Value ($000) $1,771 Shares 141,590 Est. Cost $17.63 Unrealized -30.8%

CNM CORE & MAIN INC 2.4%

Value ($000) $2,435 Shares 46,850 Est. Cost $47.53 Unrealized +7.9%

EPAC ENERPAC TOOL GROUP CORP 1.1%

Value ($000) $1,124 Shares 29,398 Est. Cost $45.73 Unrealized -13.4%

BV BRIGHTVIEW HLDGS INC 1.2%

Value ($000) $1,273 Shares 100,482 Est. Cost $16.41 Unrealized -22.6%

GVA GRANITE CONSTR INC 1.2%

Value ($000) $1,228 Shares 10,644 Est. Cost $90.12 Unrealized +19.2%

CTLP CANTALOUPE INC 1.2%

Value ($000) $1,250 Shares 117,739 Est. Cost $8.83 Unrealized +20.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LYTS	LSI INDS INC OHIO	143,604	$2,631	2.5%	$18.40	+10.5%	COM	50216C108
LW	LAMB WESTON HLDGS INC	42,940	$1,799	1.7%	$72.60	-19.1%	COM	513272104
CUZ	COUSINS PPTYS INC	123,351	$3,180	3.1%	$30.47	—	COM NEW	222795502
VYX	NCR VOYIX CORPORATION	165,509	$1,688	1.6%	$13.88	-21.7%	COM	62886E108
COLB	COLUMBIA BKG SYS INC	143,065	$3,999	3.9%	$26.70	+0.6%	COM	197236102
CIVI	CIVITAS RESOURCES INC	55,080	$1,492	1.4%	$42.67	-33.1%	COM NEW	17888H103
OPCH	OPTION CARE HEALTH INC	70,861	$2,258	2.2%	$25.57	+14.8%	COM NEW	68404L201
NOG	NORTHERN OIL & GAS INC	60,830	$1,306	1.3%	$39.19	-42.8%	COM	665531307
CACI	CACI INTL INC	5,948	$3,169	3.1%	$409.19	+38.1%	CL A	127190304
OSK	OSHKOSH CORP	25,055	$3,148	3.0%	$102.34	+25.0%	COM	688239201
CHEF	CHEFS WHSE INC	23,818	$1,485	1.4%	$43.55	+38.1%	COM	163086101
NOMD	NOMAD FOODS LTD	141,590	$1,771	1.7%	$17.63	-30.8%	USD ORD SHS	G6564A105
CNM	CORE & MAIN INC	46,850	$2,435	2.4%	$47.53	+7.9%	CL A	21874C102
EPAC	ENERPAC TOOL GROUP CORP	29,398	$1,124	1.1%	$45.73	-13.4%	CL A COM	292765104
BV	BRIGHTVIEW HLDGS INC	100,482	$1,273	1.2%	$16.41	-22.6%	COM	10948C107
GVA	GRANITE CONSTR INC	10,644	$1,228	1.2%	$90.12	+19.2%	COM	387328107
CTLP	CANTALOUPE INC	117,739	$1,250	1.2%	$8.83	+20.1%	COM	138103106