Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Periscope Analytics

Periscope Analytics focuses on event-driven trades across Asia Pacific and provides comprehensive, timely and systematic coverage of index changes to major Asia Pacific indices in a structured manner.

The analysis includes forecasted inclusions and exclusions to all major Asian indices that have significant amount of tracking assets, including estimates of passive buy/sell flow on the stocks. The service also provides commentary and impact of market consultations, ground rule changes, and other events (IPOs, spin-offs, M&A) that could lead to index changes and passive flow.

Periscope Analytics works with multi-strategy hedge funds, proprietary trading firms, stat arb trading groups and long-only investors that invest and trade in the Asia Pacific region with the data being used to trade index rebalances, avoid pre-positioning and passive flow, and to time entry into and exit from stocks.

Event-Driven Trades Across Asia Pacific

Index Rebalance

Apollo Global Management  / Index Rebalance

<ul>
<li>There are 2 changes for the <a href="https://www.smartkarma.com/entities/s-p-500-index" target="_blank" data-smartkarma-citation="entities:22886:1" rel="noopener">S&amp;P 500 INDEX</a>, 2 changes for the S&amp;P Midcap400 Index and 6 changes for the S&amp;P SmallCap600 Index at the December rebalance.</li>
<li>
<a href="https://www.smartkarma.com/entities/apollo-global-management-inc" target="_blank" data-smartkarma-citation="entities:28770:1" rel="noopener">Apollo Global</a> and <a href="https://www.smartkarma.com/entities/workday-inc-class-a" target="_blank" data-smartkarma-citation="entities:5660:1" rel="noopener">Workday</a> will have large flows from <a href="https://www.smartkarma.com/entities/s-p-500-index" target="_blank" data-smartkarma-citation="entities:22886:1" rel="noopener">S&amp;P 500 INDEX</a> trackers while<a href="https://www.smartkarma.com/entities/applovin-corp" target="_blank" data-smartkarma-citation="entities:32989:1" rel="noopener"> AppLovin</a> misses out. The SPX adds will have large inflows from the Select Sector index trackers too.</li>
<li>The outright adds are up a lot in the after-hours and there could be further upside over the next couple of weeks as positioning ramps up.</li>
</ul>


There are 2 changes for the S&amp;P 500 INDEX, 2 changes for the S&amp;P Midcap400 Index and 6 changes for the S&amp;P SmallCap600 Index at the December rebalance.

Apollo Global and Workday will have large flows from S&amp;P 500 INDEX trackers while AppLovin misses out. The SPX adds will have large inflows from the Select Sector index trackers too.
The outright adds are up a lot in the after-hours and there could be further upside over the next couple of weeks as positioning ramps up.


S&P500/400/600 Index Rebalance: Apollo Global, Workday Added to SPX; AppLovin Misses Out

Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Carter's Inc. presented its second quarter fiscal 2024 earnings with mixed outcomes, reflecting both strengths and challenges in its operational and financial performance.</li><li>The company reported that earnings were significantly higher than anticipated due to a record gross profit margin, although sales showed a decline of 5% for the first half of the year.</li><li>The lower sales figures were attributed primarily to underperformance in the U.S. Retail and International segments.</li></ul>

Carter's Inc. presented its second quarter fiscal 2024 earnings with mixed outcomes, reflecting both strengths and challenges in its operational and financial performance.The company reported that earnings were significantly higher than anticipated due to a record gross profit margin, although sales showed a decline of 5% for the first half of the year.The lower sales figures were attributed primarily to underperformance in the U.S. Retail and International segments.

Carters Inc: Building Consumer Confidence & Executing Pricing Adjustments For Better Profits! - Major Drivers

<ul><li>Carter's Inc. unveiled its financial results for the first quarter of fiscal 2024, showcasing a blend of positive trends and ongoing challenges across its various operational segments.</li><li>The analysis of these results provides insight into the company's financial health and strategic maneuvers, emphasizing both commendable achievements and hurdles encountered.</li><li>Carter's surpassed its sales and earnings targets for the quarter, a testament to its adeptness in navigating market complexities.</li></ul>

Carter's Inc. unveiled its financial results for the first quarter of fiscal 2024, showcasing a blend of positive trends and ongoing challenges across its various operational segments.The analysis of these results provides insight into the company's financial health and strategic maneuvers, emphasizing both commendable achievements and hurdles encountered.Carter's surpassed its sales and earnings targets for the quarter, a testament to its adeptness in navigating market complexities.

Carter's Inc.: Enhanced E-commerce and Omni-channel Strategies & Major  Growth Drivers

<ul><li>Carter’s, Inc. finished its fiscal year 2023 on a strong note with a sequential increase in their Q4 comparable U.S. retail sales.</li><li>The demand for their new spring product offerings was earlier than planned leading to better than expected earnings and cash flow in the quarter.</li><li>Earnings per share were up over 20% with margin expansion in each of their three business segments.</li></ul>

Carter’s, Inc. finished its fiscal year 2023 on a strong note with a sequential increase in their Q4 comparable U.S. retail sales.The demand for their new spring product offerings was earlier than planned leading to better than expected earnings and cash flow in the quarter.Earnings per share were up over 20% with margin expansion in each of their three business segments.

Carter's Inc: Initiation Of Coverage - These Are The 3 Biggest Challenges In Its Path! - Major Drivers

United States

Carter's, Inc. markets baby and young children's apparel in the United States. The Company's brands are sold to national department stores, chain and specialty stores, discount retailers, and its own retail stores.

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Carter's Inc (CRI US)

S&P500/400/600 Index Rebalance: Apollo Global, Workday Added to SPX; AppLovin Misses Out

There are 2 changes for SnP500, 2 for SnP400 and 6 for SnP600. The outright adds are up big in the after-hours market. There will be more flows for...

Brian Freitas

Carters Inc: Building Consumer Confidence & Executing Pricing Adjustments For Better Profits! - Major Drivers

Carter's Inc. presented its second quarter fiscal 2024 earnings with mixed outcomes, reflecting both strengths and challenges in its operational...

Baptista Research

Carter's Inc.: Enhanced E-commerce and Omni-channel Strategies & Major Growth Drivers

Carter's Inc. unveiled its financial results for the first quarter of fiscal 2024, showcasing a blend of positive trends and ongoing challenges...

Baptista Research

Carter's Inc: Initiation Of Coverage - These Are The 3 Biggest Challenges In Its Path! - Major Drivers

Carter’s, Inc. finished its fiscal year 2023 on a strong note with a sequential increase in their Q4 comparable U.S. retail sales. The demand for...

Baptista Research

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