US-EU Index Rebalances / Quantitative Researcher, ORTEX

Dimitris Ioannidis

Index Rebalance professional of US, EU and Global Indices. Specialized in shareholder structure and index free float calculation, SPACs, quarterly rebalance predictions of US-EU indices and cross-index implications of corporate actions such as M&A's, Spin-offs and IPOs.

All forecasts and calculations are estimates derived from a combination of public sources considered reliable. These sources include, but are not limited to, exchange and regulatory filings, company announcements, and ETFs. While best efforts are made to maximize accuracy, estimates and predictions are subject to uncertainty.

No index data are used.

US-EU Index Rebalances / Quantitative Researcher

Valterra Platinum (VAL SJ): Upweight in Global and South African Indices Following $2.5B Offering

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.

Index Rebalance

<ul>
<li>Ibex sold its entire 28% stake in <a href="https://www.smartkarma.com/entities/pepkor-holdings-ltd" target="_blank" data-smartkarma-citation="entities:40337:1" rel="noopener">Pepkor Holdings (PPH SJ)</a> for $1.5bn in a Secondary Offering completed on 22 July 2025.</li>
<li>The free float is expected to increase by 28 percentage points causing a significant upweight in Global and South African indices at the close of 25 July 2025.</li>
<li>Aggregated passive fund demand is estimated at 103m shares, $160m and 15 ADV at the close of 25 July.</li>
</ul>


Ibex sold its entire 28% stake in Pepkor Holdings (PPH SJ) for $1.5bn in a Secondary Offering completed on 22 July 2025.
The free float is expected to increase by 28 percentage points causing a significant upweight in Global and South African indices at the close of 25 July 2025.
Aggregated passive fund demand is estimated at 103m shares, $160m and 15 ADV at the close of 25 July.


Pepkor Holdings (PPH SJ): Upweight in Global & South African Indices Following $1.5B Offering