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

Galaxy Digital (GLXY US): US Index Inclusion Following Reorganization

Aura Minerals (AUGO US): US Index Inclusion Following Listing Transfer from Canada

Primer: Establishment Labs Holdings In (ESTA US) - Oct 2025

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

Establishment Labs Holdings In / Index Rebalance

<ul>
<li>
<a href="https://www.smartkarma.com/entities/establishment-labs-holdings-in" target="_blank" data-smartkarma-citation="entities:37042:1" rel="noopener">Establishment Labs (ESTA US)</a> has a market cap of ~$2bn, the majority of its fixed assets located in Costa Rica and the majority of its revenues generated in EMEA.</li>
<li>The company is incorporated in the British Virgin Islands, has a sole listing in the US and moved its headquarters from Costa Rica to the US in November 2025.</li>
<li>
<a href="https://www.smartkarma.com/entities/establishment-labs-holdings-in" target="_blank" data-smartkarma-citation="entities:37042:1" rel="noopener">Establishment Labs (ESTA US)</a> is expected to be added to a major US index in June 2026 and experience material passive fund demand following the change of headquarters.</li>
</ul>



Establishment Labs (ESTA US) has a market cap of ~$2bn, the majority of its fixed assets located in Costa Rica and the majority of its revenues generated in EMEA.
The company is incorporated in the British Virgin Islands, has a sole listing in the US and moved its headquarters from Costa Rica to the US in November 2025.

Establishment Labs (ESTA US) is expected to be added to a major US index in June 2026 and experience material passive fund demand following the change of headquarters.


Establishment Labs (ESTA US): 코스타리카에서 본사 이전 후 미국 지수에 편입