Exponent, Inc.
US ˙ NasdaqGS ˙ US30214U1025

SecurityEXPO / Exponent, Inc.
InstitutionCwm, Llc
Latest Disclosed Ownership14,948 shares
Latest Disclosed Value $ 975,346
Cwm, Llc reports 39.35% increase in ownership of EXPO / Exponent, Inc.

On May 14, 2026 - Cwm, Llc filed a 13F-HR form disclosing ownership of 14,948 shares of Exponent, Inc. (US:EXPO) valued at $975,357 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 26, 2026 disclosing 10,727 shares of Exponent, Inc.. The current value of the position is $871,618 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-14 2026-03-31 13F EXPONENT COM 30214U102 14,948 4,221 39.35 975 0.0025
2026-01-26 2025-12-31 13F EXPONENT COM 30214U102 10,727 4,798 80.92 1 0.0020
2025-10-15 2025-09-30 13F EXPONENT COM 30214U102 5,929 -2,958 -33.28 0 0.0012
2025-07-25 2025-06-30 13F EXPONENT COM 30214U102 8,887 504 6.01 1 0.0023
2025-05-01 2025-03-31 13F EXPONENT COM 30214U102 8,383 -800 -8.71 1 0.0027
2025-02-04 2024-12-31 13F EXPONENT COM 30214U102 9,183 -520 -5.36 1 -100.00 0.0034
2024-10-08 2024-09-30 13F EXPONENT COM 30214U102 9,703 -423 -4.18 1 0.0048
2024-07-10 2024-06-30 13F EXPONENT COM 30214U102 10,126 -1,094 -9.75 1 0.0045
2024-04-05 2024-03-31 13F EXPONENT COM 30214U102 11,220 -487 -4.16 1 -100.00 0.0045
2024-02-01 2023-12-31 13F EXPONENT COM 30214U102 11,707 -729 -5.86 1 0.00 0.0055
2023-10-11 2023-09-30 13F EXPONENT COM 30214U102 12,436 -662 -5.05 1 0.00 0.0065
2023-08-03 2023-06-30 13F EXPONENT COM 30214U102 13,098 -984 -6.99 1 0.00 0.0076
2023-05-01 2023-03-31 13F EXPONENT COM 30214U102 14,082 -200 -1.40 1 0.00 0.0095
2023-02-01 2022-12-31 13F EXPONENT COM 30214U102 14,282 99 0.70 1 -99.92 0.0104
2022-10-27 2022-09-30 13F EXPONENT COM 30214U102 14,183 -488 -3.33 1,243 -7.38 0.0099
2022-07-28 2022-06-30 13F EXPONENT COM 30214U102 14,671 -822 -5.31 1,342 -19.83 0.0104
2022-04-21 2022-03-31 13F EXPONENT COM 30214U102 15,493 -2,397 -13.40 1,674 -19.83 0.0119
2022-01-31 2021-12-31 13F EXPONENT COM 30214U102 17,890 -2,869 -13.82 2,088 12.74 0.0147
2021-09-15 2021-06-30 13F/A-1 EXPONENT COM 30214U102 20,759 0 0.00 1,852 0.00 0.0148
2021-07-29 2021-06-30 13F EXPONENT COM 30214U102 20,759 0 1,852 0.0148
2021-09-15 2021-03-31 13F/A-1 EXPONENT COM 30214U102 20,759 0 0.00 1,852 0.00 0.0148
2021-04-27 2021-03-31 13F EXPONENT COM 30214U102 18,813 -1,946 1,833 0.0161
2021-09-15 2020-12-31 13F/A-1 EXPONENT COM 30214U102 20,759 0 0.00 1,852 0.00 0.0148
2021-01-27 2020-12-31 13F EXPONENT COM 30214U102 16,051 -4,708 1,445 0.0135
2021-09-15 2020-09-30 13F/A-1 EXPONENT COM 30214U102 20,759 0 0.00 1,852 0.00 0.0148
2020-10-19 2020-09-30 13F EXPONENT COM 30214U102 12,979 -7,780 935 0.0104
2021-09-15 2020-06-30 13F/A-1 EXPONENT COM 30214U102 20,759 0 0.00 1,852 0.00 0.0148
2020-07-22 2020-06-30 13F EXPONENT COM 30214U102 14,438 -6,321 1,168 0.0139
2021-09-15 2020-03-31 13F/A-1 EXPONENT COM 30214U102 20,759 0 0.00 1,852 0.00 0.0148
2020-04-28 2020-03-31 13F EXPONENT COM 30214U102 13,383 -7,376 962 0.0143
2021-09-14 2019-12-31 13F/A-1 EXPONENT COM 30214U102 20,759 0 0.00 1,852 0.00 0.0148
2020-01-27 2019-12-31 13F EXPONENT COM 30214U102 11,762 -8,997 812 0.0104
2021-09-14 2019-09-30 13F/A-1 EXPONENT COM 30214U102 20,759 0 0.00 1,852 0.00 0.0148
2019-10-22 2019-09-30 13F EXPONENT COM 30214U102 362 -20,397 25 0.0004
2021-09-14 2019-06-30 13F/A-1 EXPONENT COM 30214U102 20,759 0 0.00 1,852 0.00 0.0148
2019-07-31 2019-06-30 13F EXPONENT COM 30214U102 20 -20,739 1 0.0000
2021-09-02 2019-03-31 13F/A-1 EXPONENT COM 30214U102 20,759 20,739 103,695.00 1,852 185,100.00 0.0148
2019-04-22 2019-03-31 13F EXPONENT COM 30214U102 20 0 1 0.0000
2019-01-25 2018-12-31 13F EXPONENT COM 30214U102 20 0 0.00 1 0.00 0.0000
2018-10-29 2018-09-30 13F EXPONENT COM 30214U102 20 0 0.00 1 0.00 0.0000
2018-07-31 2018-06-30 13F EXPONENT COM 30214U102 20 20 1 0.0000
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.