Engaged Capital LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Engaged Capital LLC reported 9 stock positions worth $392.2 million. Its top holding was VF (VFC) at 21.7% of the portfolio, followed by Portillo's Class A (PTLO, 16.6%) and Chart Industries (GTLS, 13.6%). Compared with Q4 2024, it opened 2 new positions, sold out of 1, added to 2 and reduced 4. The biggest buy was a new position in Yeti (YETI) and the biggest sale NCR Voyix (VYX, shares −93%).
- Most Recent 13F
- Q2 2026
- Location
- Newport Beach, CA
- CIK
- 0001559771
- Portfolio Value
- $392.2M (Q1 2025)
- SEC Filing
- 0000921895-25-001519 ↗ filed May 15, 2025
Holdings Value
Holdings 9 stocks · $392.2M
| VFC VF Corp. | 21.70% | 5,484,368 | $85.1M | Add +2.7% |
| PTLO Portillo's Inc. Class A | 16.61% | 5,479,771 | $65.2M | Reduce -10.4% |
| GTLS Chart Industries Inc. | 13.58% | 368,996 | $53.3M | Add +64.2% |
| YETI Yeti Holdings Inc. filed as YETI HLDGS INC | 13.03% | 1,543,518 | $51.1M | New |
| EVH Evolent Health Inc. Class A | 12.50% | 5,179,468 | $49.0M | Reduce -4.2% |
| GXO Gxo Logistics Inc. | 9.09% | 912,000 | $35.6M | New |
| BRC INC-A | 7.21% | 13,535,560 | $28.3M | No change |
| NATL NCR Atleos Corp. | 5.21% | 774,261 | $20.4M | Reduce -64.9% |
| VYX NCR Voyix Corp. | 1.07% | 431,679 | $4.2M | Reduce -92.5% |
Portfolio Sells Q4 2024 → Q1 2025
Portfolio Buys Q4 2024 → Q1 2025
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 |