US-EU Index Rebalances / Quantitative Researcher, Ortex

Dimitris Ioannidis

US-EU Index Rebalances / Quantitative Researcher

Global Financial Data and Analytics Platform

Ortex

ORTEX is a global financial data and analytics platform providing real-time securities lending and short interest data, index rebalance data, holdings and insider transactions, trading signals, corporate actions and news,  stock machine learning and factor scores and other analytics. The majority of the data are downloadable and accessible through APIs.

Event-Driven

AppLovin Corporation provides software solutions. The Company offers an end-to-end software that optimizes monetization, and uses machine learning to make data-driven marketing decisions for profitable growth. AppLovin serves clients worldwide.

<ul>
<li>
<a href="https://www.smartkarma.com/entities/arm-holdings-inc" target="_blank" data-smartkarma-citation="entities:21816:1" rel="noopener">ARM Holdings (ARM US)</a> has secured a place in the index and is no longer a deletion candidate thanks to the recent methodology changes.</li>
<li>
<a href="https://www.smartkarma.com/entities/applovin-corp" target="_blank" data-smartkarma-citation="entities:32989:1" rel="noopener">AppLovin (APP US)</a> and <a href="https://www.smartkarma.com/entities/microstrategy-inc-cl-a" target="_blank" data-smartkarma-citation="entities:14717:1" rel="noopener">Microstrategy Inc Cl A (MSTR US)</a> are the main candidates for direct addition following their recent stock price surge.</li>
<li>
<a href="https://www.smartkarma.com/entities/dollar-tree-inc" target="_blank" data-smartkarma-citation="entities:10913:1" rel="noopener">Dollar Tree Inc (DLTR US)</a> is the favorable candidate for direct deletion in December with an additional but negligible probability of fast-exit in November.</li>
</ul>



ARM Holdings (ARM US) has secured a place in the index and is no longer a deletion candidate thanks to the recent methodology changes.

AppLovin (APP US) and Microstrategy Inc Cl A (MSTR US) are the main candidates for direct addition following their recent stock price surge.

Dollar Tree Inc (DLTR US) is the favorable candidate for direct deletion in December with an additional but negligible probability of fast-exit in November.


Nasdaq100 December 2024 Forecasts (Part 2): APP & MSTR Poised for Entry; DLTR & SMCI Set for Exit

The Boeing Company, together with its subsidiaries, develops, produces, and markets commercial jet aircraft, as well as provides related support services to the commercial airline industry worldwide.  The Company also researches, develops, produces, modifies, and supports information, space, and defense systems, including military aircraft, helicopters and space and missile systems.

<ul>
<li>The equity offering of <a href="https://www.smartkarma.com/entities/boeing-co" target="_blank" data-smartkarma-citation="entities:11957:1" rel="noopener">Boeing Co (BA US)</a> is forecasted to generate a passive fund demand of more than $5bn across US &amp; Global indices including S&amp;P500.</li>
<li>Announcement, implementation, and passive fund demand from indices is expected between 29-31 October 2024. </li>
<li>The free float in a US and Global index might round up from ~95% to 100% because of the strategic holding's dilution following the offering.</li>
</ul>


The equity offering of Boeing Co (BA US) is forecasted to generate a passive fund demand of more than $5bn across US &amp; Global indices including S&amp;P500.
Announcement, implementation, and passive fund demand from indices is expected between 29-31 October 2024. 
The free float in a US and Global index might round up from ~95% to 100% because of the strategic holding's dilution following the offering.


Boeing (BA US): Soaring in US & Global Indices with $21B Equity Offering

Viking Holdings Ltd operates as a holding company. The Company, through its subsidiaries, specializes in providing offshore recreational travel services by cruise vessel. Viking Holdings serves customers worldwide.

<ul>
<li>
<a href="https://www.smartkarma.com/entities/viking-holdings-ltd" target="_blank" data-smartkarma-citation="entities:44043:1" rel="noopener">Viking Holdings (VIK US)</a> is expected to fail the fcap threshold at the November 2024 review despite a 10% boost in free float from the secondary offering. </li>
<li>
<a href="https://www.smartkarma.com/entities/viking-holdings-ltd" target="_blank" data-smartkarma-citation="entities:44043:1" rel="noopener">Viking Holdings (VIK US)</a> is forecasted to pass eligibility and get added in North America's small-cap segment at the December 2024 review.</li>
<li>Following the Secondary Offering in September 2024, the company now passes voting rights and is expected to get added in the US Top 1000 index at the June 2025 review.</li>
</ul>



Viking Holdings (VIK US) is expected to fail the fcap threshold at the November 2024 review despite a 10% boost in free float from the secondary offering. 

Viking Holdings (VIK US) is forecasted to pass eligibility and get added in North America's small-cap segment at the December 2024 review.
Following the Secondary Offering in September 2024, the company now passes voting rights and is expected to get added in the US Top 1000 index at the June 2025 review.


Viking Holdings (VIK US): Cruising Into US & Global Index Post-Secondary Offering

Tokyo Metro Co., Ltd. operates railway businesses. The Company conducts passenger rail transportation, urban design and lifestyle creation, real estate, and other projects. Tokyo Metro serves customers in Japan.

<ul>
<li>
<a href="https://www.smartkarma.com/entities/tokyo-metro" target="_blank" data-smartkarma-citation="entities:40930:1" rel="noopener">Tokyo Metro (TKYMETRO JP)</a> is scheduled to go public on 23 October 2024 with an IPO valuation of ~$4.4bn and a float market cap of ~$2.2bn.</li>
<li>Fast-Entry for the one Global Index is expected at the close of 29 October 2024 with forecasted demand of ~17.4m shares and ~$133m.</li>
<li>Quarterly inclusion at the May 2025 review has a higher probability with a slight price rally or an elevated IPO offering price. Forecasted demand is ~23.2m shares and ~$177m.</li>
</ul>



Tokyo Metro (TKYMETRO JP) is scheduled to go public on 23 October 2024 with an IPO valuation of ~$4.4bn and a float market cap of ~$2.2bn.
Fast-Entry for the one Global Index is expected at the close of 29 October 2024 with forecasted demand of ~17.4m shares and ~$133m.
Quarterly inclusion at the May 2025 review has a higher probability with a slight price rally or an elevated IPO offering price. Forecasted demand is ~23.2m shares and ~$177m.


Tokyo Metro (9023 JP): IPO Listing & Fast-Entry Approved

Laopu Gold Co., Ltd. produces and sells jewelry products. The Company produces pendants, bracelets, bracelets, collectibles, ornaments, and other products. Laopu Gold also operates import and export businesses.

<ul>
<li>
<a href="https://www.smartkarma.com/entities/laopu-gold-co-ltd" target="_blank" data-smartkarma-citation="entities:44036:1" rel="noopener">Laopu Gold (6181 HK)</a> is expected to fail the fcap threshold at the December 2024 review due to low free float unless its price surges ~22% in the next week.</li>
<li>The 6-month lock-up expiry will lift the fcap closely above the threshold significantly increasing the probability of inclusion at the March 2025 review.</li>
<li>If the mcap qualifies for the small-cap segment, its inclusion is possible at the November 2024 review due to lower fcap requirements. </li>
</ul>



Laopu Gold (6181 HK) is expected to fail the fcap threshold at the December 2024 review due to low free float unless its price surges ~22% in the next week.
The 6-month lock-up expiry will lift the fcap closely above the threshold significantly increasing the probability of inclusion at the March 2025 review.
If the mcap qualifies for the small-cap segment, its inclusion is possible at the November 2024 review due to lower fcap requirements. 


Laopu Gold (6181 HK): IPO Lock-Up Expiry Might Prove Golden for Global Index Inclusion

Ortex
Global Financial Data and Analytics Platform

Nasdaq100 December 2024 Forecasts (Part 2): APP & MSTR Poised for Entry; DLTR & SMCI Set for Exit

AppLovin (APP) and Microstrategy (MSTR) are forecasted as direct additions; Dollar Tree (DLTR) and Super Micro Computer (SMCI) as direct deletions....

Dimitris Ioannidis

Boeing (BA US): Soaring in US & Global Indices with $21B Equity Offering

Global purple announced the increase in shares at the close of 29 October with a trade date at the close of 31 October where demand of ~$1.6bn and...

Dimitris Ioannidis

Viking Holdings (VIK US): Cruising Into US & Global Index Post-Secondary Offering

VIK US is expected to pass public voting rights eligibility following the ~$1bn Secondary Offering and get added in December 2024 and June 2025.

Dimitris Ioannidis

Tokyo Metro (9023 JP): IPO Listing & Fast-Entry Approved

Domestic RETAIL investors are treated as non-float for fast-entry only. The index assumed the domestic distribution – which was huge - to be ALL...

Dimitris Ioannidis

Laopu Gold (6181 HK): IPO Lock-Up Expiry Might Prove Golden for Global Index Inclusion

Laopu Gold (6181 HK) might be added in November 2024 if the mcap qualifies for the small-cap segment and can also be added in March 2025 following...

Dimitris Ioannidis

Nasdaq100 December 2024 Forecasts (Part 2): APP & MSTR Poised for Entry; DLTR & SMCI Set for Exit

AppLovin (APP) and Microstrategy (MSTR) are forecasted as direct additions; Dollar Tree (DLTR) and Super Micro Computer (SMCI) as direct deletions....

Dimitris Ioannidis

Boeing (BA US): Soaring in US & Global Indices with $21B Equity Offering

Global purple announced the increase in shares at the close of 29 October with a trade date at the close of 31 October where demand of ~$1.6bn and...

Dimitris Ioannidis

Viking Holdings (VIK US): Cruising Into US & Global Index Post-Secondary Offering

​VIK US is expected to pass public voting rights eligibility following the ~$1bn Secondary Offering and get added in December 2024 and June 2025.

Dimitris Ioannidis

Tokyo Metro (9023 JP): IPO Listing & Fast-Entry Approved

Domestic RETAIL investors are treated as non-float for fast-entry only. The index assumed the domestic distribution – which was huge - to be ALL...

Dimitris Ioannidis

Laopu Gold (6181 HK): IPO Lock-Up Expiry Might Prove Golden for Global Index Inclusion

​Laopu Gold (6181 HK) might be added in November 2024 if the mcap qualifies for the small-cap segment and can also be added in March 2025 following...

Dimitris Ioannidis

VIK US is expected to pass public voting rights eligibility following the ~$1bn Secondary Offering and get added in December 2024 and June 2025.

Laopu Gold (6181 HK) might be added in November 2024 if the mcap qualifies for the small-cap segment and can also be added in March 2025 following...