Index Rebal Trades & Special Situations, Quiddity Advisors

Janaghan Jeyakumar, CFA

Index Rebal Trades & Special Situations

Quiddity Advisors

Pan-Asia Catalysts/Events

Index Rebalance

<ul>
<li>In this insight, we take a look at the potential index changes for F100 and F250 in the run-up to the September 2025 index rebal event.</li>
<li>Our latest estimates suggest there could be two regular changes for F100 and six regular changes for F250 during the September 2025 rebalance.</li>
<li>After that, we expect multiple M&amp;A-related intra-review changes over the next few weeks.</li>
</ul>


In this insight, we take a look at the potential index changes for F100 and F250 in the run-up to the September 2025 index rebal event.
Our latest estimates suggest there could be two regular changes for F100 and six regular changes for F250 during the September 2025 rebalance.
After that, we expect multiple M&amp;A-related intra-review changes over the next few weeks.


Quiddity Leaderboard F100/F250 Sep25: ~10 Regular & Intra-Review Changes Likely in September

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.

<ul>
<li>
<a href="https://www.smartkarma.com/entities/verisure-holding-ab" target="_blank" data-smartkarma-citation="entities:43889:1" rel="noopener">Verisure Holding (VSURE SS)</a> is forecasted to be added at a market cap of ~$19bn following its IPO on 8 October.</li>
<li>
<a href="https://www.smartkarma.com/entities/metlen-energy-metals-plc" target="_blank" data-smartkarma-citation="entities:45704:1" rel="noopener">Metlen Energy &amp; Metals (MTLN LN)</a> is expected to be added at a market cap of ~$6bn due to a change of incorporation and primary listing from Greece to UK.</li>
<li>
<a href="https://www.smartkarma.com/entities/schibsted-asa" target="_blank" data-smartkarma-citation="entities:22250:1" rel="noopener">Vend Marketplaces ASA (VEND NO)</a> is projected to be added at a market cap of ~$6bn because of the unification of its share class structure.</li>
</ul>



Verisure Holding (VSURE SS) is forecasted to be added at a market cap of ~$19bn following its IPO on 8 October.

Metlen Energy &amp; Metals (MTLN LN) is expected to be added at a market cap of ~$6bn due to a change of incorporation and primary listing from Greece to UK.

Vend Marketplaces ASA (VEND NO) is projected to be added at a market cap of ~$6bn because of the unification of its share class structure.


STOXX Europe600 Dec25 Forecast: VSURE, VEND & MTLN Leading Top Additions

Pinewood Technologies Group / Index Rebalance

<ul>
<li>The September 2025 index review results for F100 and F250 indices were announced yesterday after LSE market close.</li>
<li>There will be two ADDs and two DELS for the F100 index. Separately, there will be five ADDs and six DELs for the F250 index.</li>
<li>As a consequence of new transfers and the relaxation of trading currency requirements, some F100 and F250 ADDs will also be added to the F-All Share index simultaneously.</li>
</ul>


The September 2025 index review results for F100 and F250 indices were announced yesterday after LSE market close.
There will be two ADDs and two DELS for the F100 index. Separately, there will be five ADDs and six DELs for the F250 index.
As a consequence of new transfers and the relaxation of trading currency requirements, some F100 and F250 ADDs will also be added to the F-All Share index simultaneously.


Quiddity Leaderboard F100/F250 Sep25: 14/15 Expected ADDs/DELs Correct; Intra-Review ADDs Next!

United Kingdom

Metlen Energy & Metals PLC operates as a global industrial and energy company. The Company focuses on the development, construction, and operation of thermal units and electricity infrastructure projects, as well as specializes in bauxite, alumina, and aluminum production unit with privately owned port facilities. Metlen Energy & Metals serves customers worldwide.

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Metlen Energy & Metals (MTLN LN)

Quiddity Leaderboard F100/F250 Sep25: ~10 Regular & Intra-Review Changes Likely in September

F100/250 Sep25 index changes will be confirmed after market close today. Yesterday was the base date for final ranks. Please see discussion point...

Janaghan Jeyakumar, CFA

STOXX Europe600 Dec25 Forecast: VSURE, VEND & MTLN Leading Top Additions

VSURE or MTLN may be added ahead of the review as a replacement following KKR’s cash acquisition of Spectris (SXS), which is expected to close on 3...

Dimitris Ioannidis

Quiddity Leaderboard F100/F250 Sep25: 14/15 Expected ADDs/DELs Correct; Intra-Review ADDs Next!

We got 14/15 expected ADDs/DELs correct. The only surprise was Bloomsbury getting deleted from F250 instead of Ocean Wilson.

Janaghan Jeyakumar, CFA

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