Brown Capital Management added XPEL to its Small Company Fund in the first quarter of 2026. The fund highlighted XPEL's core paint protection film business, noting the market is less than 10% penetrated on cars in the U.S. and globally. XPEL pursues a multi-channel strategy selling through aftermarket shops, dealerships, and auto manufacturers, and its proprietary software helps installers apply products with greater speed and precision. The fund's investor shares fell 19.78% in the quarter, underperforming the Russell 2000 Growth index's 2.81% decline, amid worsened market conditions from the Iran war and an oil price spike. XPEL shares closed at $45.96 on June 23, 2026, with a market capitalization of $1.27 billion.
Xpel IncFund highlights XPEL's core paint protection film business with less than 10% market penetration, indicating significant growth potential.
Fund's investor shares fell 19.78% in the quarter, underperforming the index, due to worsened market conditions from the Iran war and oil price spike.