Engaged Capital LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Engaged Capital LLC reported 11 stock positions worth $617.1 million. Its top holding was Evolent Health Class A (EVH) at 17.3% of the portfolio, followed by VF (VFC, 13.3%) and Shake Shack Class A (SHAK, 13.1%). Compared with Q4 2023, it opened 2 new positions, added to 1 and reduced 4. The biggest buy was a new position in Portillo's Class A (PTLO) and the biggest sale Upbound (UPBD, shares −31%).
- Most Recent 13F
- Q2 2026
- Location
- Newport Beach, CA
- CIK
- 0001559771
- Portfolio Value
- $617.1M (Q1 2024)
- SEC Filing
- 0000921895-24-001205 ↗ filed May 15, 2024
Holdings Value
Holdings 11 stocks · $617.1M
| EVH Evolent Health Inc. Class A | 17.33% | 3,261,458 | $106.9M | No change |
| VFC VF Corp. | 13.28% | 5,341,368 | $81.9M | No change |
| SHAK Shake Shack Inc. Class A | 13.06% | 774,788 | $80.6M | Reduce -43.3% |
| VYX NCR Voyix Corp. | 11.94% | 5,836,029 | $73.7M | Add +16.3% |
| UPBD Upbound Group Inc. | 9.50% | 1,665,708 | $58.6M | Reduce -30.5% |
| BRC INC-A | 8.91% | 12,851,018 | $55.0M | No change |
| NATL NCR Atleos Corp. | 8.03% | 2,509,256 | $49.6M | No change |
| PRAA Pra Group Inc. | 7.83% | 1,853,249 | $48.3M | Reduce -7.8% |
| PTLO Portillo's Inc. Class A | 4.57% | 1,990,000 | $28.2M | New |
| NVRO Nevro LLC filed as NEVRO CORP | 4.41% | 1,885,956 | $27.2M | Reduce -13.0% |
| ENV Envestnet Inc. | 1.12% | 119,434 | $6.9M | New |
Portfolio Sells Q4 2023 → Q1 2024
Portfolio Buys Q4 2023 → Q1 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 9 | $322.9M | VFC, YETI, GXO, EVH, FRPT |
| Q1 2026 | 8 | $303.4M | VFC, YETI, BL, GXO, CGNX |
| Q4 2025 | 9 | $392.0M | VFC, YETI, BL, GXO, CGNX |
| Q3 2025 | 9 | $407.6M | VFC, YETI, GXO, EVH, CGNX |
| Q2 2025 | 7 | $357.6M | YETI, EVH, VFC, PTLO, GXO |
| Q1 2025 | 9 | $392.2M | VFC, PTLO, GTLS, YETI, EVH |
| Q4 2024 | 8 | $486.4M | VFC, VYX, NATL, EVH, PTLO |
| Q3 2024 | 9 | $616.5M | EVH, VFC, VYX, NATL, PTLO |
| Q2 2024 | 12 | $583.9M | BRC INC-A, EVH, VYX, VFC, NATL |
| Q1 2024 | 11 | $617.1M | EVH, VFC, SHAK, VYX, UPBD |