Engaged Capital LLC 13F: Quarter-over-Quarter Portfolio Changes
Engaged Capital LLC reported a disclosed portfolio value of approximately $303.4 million in its latest SEC Form 13F-HR filing for Q1 2026, down 22.6% quarter on quarter. Over the quarter, the fund bought more shares in 2 holdings, trimmed 4 holdings, and exited 1 position.
Engaged Capital LLC's top buy was Portillos INC (PTLO) . The fund bought 124.3% more shares, lifting the position's portfolio weight by 4.2 percentage points. Its top sell was Freshpet INC (FRPT) . The fund exited the position completely after it had accounted for 6.2% of the previous portfolio.
Top BuysQ1 2026
The fund's top buys among existing positions in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| PORTILLOS INC | PTLO | +4.2% | +124.3% | History → |
| BLACKLINE INC | BL | +1.4% | +26.2% | History → |
Top SellsQ1 2026
The fund's top sells among positions it retained in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| COGNEX CORP | CGNX | -0.7% | 48.1% | History → |
| YETI HLDGS INC | YETI | -1.4% | 12.2% | History → |
| V F CORP | VFC | 1.7% | 11.8% | History → |
| GXO LOGISTICS INCORPORATED | GXO | 2.9% | 1.0% | History → |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| FRESHPET INC | FRPT | 6.2% |
Net Portfolio Value ChangeQ1 2026
- $0.4BPrior quarter
- $0.3BCurrent quarter
- $-0.1BNet delta
- -22.6%% change
Methodology & FAQ
How Engaged Capital LLC Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for Engaged Capital LLC: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description — including how confidential treatment filings are handled — is documented in the Methodology.
What stocks did Engaged Capital LLC buy in Q1 2026?
In Q1 2026, Engaged Capital LLC bought more shares of PORTILLOS INC (PTLO), BLACKLINE INC (BL).
What stocks did Engaged Capital LLC sell in Q1 2026?
In Q1 2026, Engaged Capital LLC fully sold 1 position (FRESHPET INC (FRPT)); reduced holdings in COGNEX CORP (CGNX), YETI HLDGS INC (YETI), V F CORP (VFC), GXO LOGISTICS INCORPORATED (GXO).
Which positions did Engaged Capital LLC initiate in Q1 2026?
Engaged Capital LLC established no new positions in Q1 2026.
Which existing positions saw the largest allocation increases for Engaged Capital LLC in Q1 2026?
Of 2 existing positions with share-count increases in Q1 2026, the largest were: PORTILLOS INC (PTLO, +4.2% weight, +124.3% shares), BLACKLINE INC (BL, +1.4% weight, +26.2% shares).
Which positions did Engaged Capital LLC fully exit in Q1 2026?
Engaged Capital LLC fully exited 1 position in Q1 2026: FRESHPET INC (FRPT, last-reported weight 6.2%).
Which existing positions saw the largest allocation reductions for Engaged Capital LLC in Q1 2026?
Of 4 existing positions with share-count reductions in Q1 2026, the largest were: COGNEX CORP (CGNX, -0.7% weight, -48.1% shares), YETI HLDGS INC (YETI, -1.4% weight, -12.2% shares), V F CORP (VFC, 1.7% weight, -11.8% shares), GXO LOGISTICS INCORPORATED (GXO, 2.9% weight, -1.0% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.