# XN Exponent Advisors LLC

> Institutional holdings reported to the SEC as of Q3 2021 on Form 13F. CIK 1843228. Source: https://holderbook.com/funds/1843228-xn-exponent-advisors-llc/

- Reported value: $2.1B
- Positions: 27
- Weight of the ten largest: 67.8%
- Filed: 2021-11-15

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| WABTEC | [WAB](https://holderbook.com/stocks/WAB/) | $238.8M | 2,770,171 | 11.4% | 4 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $187.3M | 78,881 | 9.0% | 4 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $158.4M | 3,036,300 | 7.6% | 4 |
| TRANSDIGM GROUP INC | [TDG](https://holderbook.com/stocks/TDG/) | $151.8M | 243,100 | 7.3% | 3 |
| CAESARS ENTERTAINMENT INC NE | [CZR](https://holderbook.com/stocks/CZR/) | $131.8M | 1,174,212 | 6.3% | 3 |
| TWILIO INC | [TWLO](https://holderbook.com/stocks/TWLO/) | $128.7M | 403,500 | 6.2% | 1 |
| ELASTIC N V | [ESTC](https://holderbook.com/stocks/ESTC/) | $117.8M | 790,402 | 5.6% | 4 |
| RINGCENTRAL INC | [RNG](https://holderbook.com/stocks/RNG/) | $111.3M | 511,500 | 5.3% | 1 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $99.2M | 30,200 | 4.8% | 2 |
| FARFETCH LTD | [FTCHQ](https://holderbook.com/stocks/FTCHQ/) | $90.4M | 2,412,574 | 4.3% | 4 |
| UPWORK INC | [UPWK](https://holderbook.com/stocks/UPWK/) | $74.4M | 1,651,445 | 3.6% | 1 |
| SPLUNK INC | [SPLK](https://holderbook.com/stocks/SPLK/) | $71.1M | 491,300 | 3.4% | 2 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $69.0M | 203,300 | 3.3% | 4 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $62.2M | 23,335 | 3.0% | 4 |
| PROCORE TECHNOLOGIES INC | [PCOR](https://holderbook.com/stocks/PCOR/) | $49.9M | 558,195 | 2.4% | 2 |
| PELOTON INTERACTIVE INC | [PTON](https://holderbook.com/stocks/PTON/) | $48.4M | 556,100 | 2.3% | 1 |
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $47.7M | 157,583 | 2.3% | 4 |
| E2OPEN PARENT HOLDINGS INC | [ETWO](https://holderbook.com/stocks/ETWO/) | $47.3M | 4,185,753 | 2.3% | 2 |
| COUPANG INC | [CPNG](https://holderbook.com/stocks/CPNG/) | $44.2M | 1,588,671 | 2.1% | 3 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $38.7M | 691,500 | 1.9% | 1 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $38.3M | 1,287,800 | 1.8% | 1 |
| EUROPEAN WAX CTR INC | [EWCZ](https://holderbook.com/stocks/EWCZ/) | $30.8M | 1,100,000 | 1.5% | 1 |
| HIPPO HLDGS INC | [HIPOXXXX](https://holderbook.com/stocks/HIPOXXXX/) | $21.1M | 4,500,000 | 1.0% | 1 |
| EVOLV TECHNOLOGIES HLDNGS IN | [EVLV](https://holderbook.com/stocks/EVLV/) | $10.8M | 1,800,000 | 0.5% | 1 |
| ARCHER AVIATION INC | [ACHR](https://holderbook.com/stocks/ACHR/) | $10.7M | 1,200,000 | 0.5% | 1 |
| ENGAGESMART INC | [ESMT](https://holderbook.com/stocks/ESMT/) | $4.1M | 120,000 | 0.2% | 1 |
| SHAPEWAYS HOLDINGS INC | [SHPW](https://holderbook.com/stocks/SHPW/) | $3.9M | 500,000 | 0.2% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2021 | -3.7% | +0.3% | -3.9% | 100% |
| Q2 2021 | +3.1% | +8.0% | -4.9% | 100% |
| Q1 2021 | -0.2% | +6.0% | -6.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2021 | $2.1B | 27 |
| Q2 2021 | $2.1B | 25 |
| Q1 2021 | $1.8B | 20 |
| Q4 2020 | $1.5B | 22 |