Engine Capital Management, LP
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Engine Capital Management, LP reported 38 stock positions worth $577.0 million. Its top holding was Orthofix Medical (OFIX) at 9.1% of the portfolio, followed by Upwork (UPWK, 8.8%) and NCR Atleos (NATL, 8.5%). Compared with Q2 2024, it opened 8 new positions, sold out of 6, added to 9 and reduced 9. The biggest buy was a new position in Upwork (UPWK) and the biggest sale RTX (RTX, shares −69%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001665590
- Portfolio Value
- $577.0M (Q3 2024)
- SEC Filing
- 0001665590-24-000009 ↗ filed Nov 14, 2024
Holdings Value
Holdings 38 stocks · $577.0M
| OFIX Orthofix Medical Inc. | 9.12% | 3,368,665 | $52.6M | No change |
| UPWK Upwork Inc. | 8.83% | 4,875,619 | $51.0M | New |
| NATL NCR Atleos Corp. | 8.45% | 1,709,965 | $48.8M | Add +23.1% |
| LAUR Laureate Education Inc. | 7.00% | 2,433,326 | $40.4M | Reduce -16.9% |
| CZR Caesars Entertainment Inc. | 6.58% | 909,090 | $37.9M | Add +7.1% |
| NXST Nexstar Media Group Inc. | 5.31% | 185,213 | $30.6M | Reduce -0.3% |
| FVRR Fiverr International Ltd. | 5.28% | 1,177,313 | $30.5M | Add +44.6% |
| PRKS United Parks & Resorts Inc. | 4.58% | 522,457 | $26.4M | Add +7.2% |
| RTX RTX Corp. | 4.51% | 214,810 | $26.0M | Reduce -68.8% |
| MRC MRC Global Inc. | 4.23% | 1,917,345 | $24.4M | Reduce -38.7% |
| RCM R1 RCM Inc. | 3.67% | 1,492,588 | $21.1M | Add +10.7% |
| LYFT LYFT Inc. Class A | 3.39% | 1,535,835 | $19.6M | New |
| KBR KBR Inc. | 2.79% | 247,298 | $16.1M | Reduce -0.1% |
| LKQ LKQ Corp. | 2.66% | 384,614 | $15.4M | Add +44.0% |
| MGRC McGrath Rentcorp | 2.52% | 138,189 | $14.5M | New |
| ETSY Etsy Inc. | 2.16% | 224,676 | $12.5M | Reduce -18.9% |
| PHIN Phinia Inc. | 2.16% | 270,622 | $12.5M | No change |
| EYE National Vision Holdings Inc. | 2.10% | 1,111,051 | $12.1M | New |
| DBX Dropbox Inc. Class A | 1.81% | 409,905 | $10.4M | No change |
| ALIT Alight Inc. Class A | 1.67% | 1,302,400 | $9.6M | Add +0.2% |
| XRAY Dentsply Sirona Inc. | 1.48% | 316,401 | $8.6M | New |
| IWM iShares Russell 2000 ETF | 1.40% | 36,444 | $8.1M | Add +58.8% |
| EVRI Everi Holdings Inc. | 1.15% | 504,301 | $6.6M | No change |
| THS Treehouse Foods Inc. | 1.11% | 152,832 | $6.4M | No change |
| TSVT 2SEVENTY Bio Inc. | 1.06% | 1,289,949 | $6.1M | Reduce -13.7% |
| AOUT American Outdoor Brands Inc. | 1.05% | 656,329 | $6.1M | No change |
| MGM MGM Resorts International | 1.02% | 150,000 | $5.9M | Add +15.4% |
| BCO The Brink's Co. | 0.82% | 41,074 | $4.7M | No change |
| EXPE Expedia Group Inc. | 0.49% | 19,165 | $2.8M | Reduce -88.4% |
| JELD Jeld-Wen Holding Inc. | 0.46% | 166,778 | $2.6M | Reduce -85.7% |
| CLDT Chatham Lodging Trust | 0.35% | 238,252 | $2.0M | No change |
| INN Summit Hotel Properties Inc. | 0.29% | 243,661 | $1.7M | No change |
| CIO City Office REIT Inc. | 0.23% | 231,020 | $1.3M | No change |
| LNWO Light & Wonder Inc. | 0.23% | 14,506 | $1.3M | New |
| LW Lamb Weston Holdings Inc. | 0.01% | 1,175 | $76K | New |
| KFY Korn Ferry | 0.01% | 961 | $72K | No change |
| RMNI Rimini Street Inc. | 0.01% | 30,648 | $57K | No change |
| NVST Envista Holdings Corp. | 0.01% | 2,000 | $40K | New |
Portfolio Sells Q2 2024 → Q3 2024
| RTX RTX Corp. | Reduce -68.8% | 4.51% | −8.46 |
| EXPE Expedia Group Inc. | Reduce -88.4% | 0.49% | −3.40 |
| MRC MRC Global Inc. | Reduce -38.7% | 4.23% | −3.34 |
| JELD Jeld-Wen Holding Inc. | Reduce -85.7% | 0.46% | −2.48 |
| WSC Willscot Holdings Corp. | Sold out | 0.00% | −1.74 |
| LAUR Laureate Education Inc. | Reduce -16.9% | 7.00% | −1.19 |
| ETSY Etsy Inc. | Reduce -18.9% | 2.16% | −0.90 |
| NSIT Insight Enterprises Inc. | Sold out | 0.00% | −0.90 |
| BERY Berry Global Group Inc. | Sold out | 0.00% | −0.61 |
| RMR RMR Group Inc./the - A | Sold out | 0.00% | −0.47 |
| NXST Nexstar Media Group Inc. | Reduce -0.3% | 5.31% | −0.47 |
| KBR KBR Inc. | Reduce -0.1% | 2.79% | −0.18 |
| VYX NCR Voyix Corp. | Sold out | 0.00% | −0.18 |
| TSVT 2SEVENTY Bio Inc. | Reduce -13.7% | 1.06% | −0.02 |
| KDP Keurig Dr Pepper Inc. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q2 2024 → Q3 2024
| UPWK Upwork Inc. | New | 8.83% | +8.83 |
| LYFT LYFT Inc. Class A | New | 3.39% | +3.39 |
| MGRC McGrath Rentcorp | New | 2.52% | +2.52 |
| EYE National Vision Holdings Inc. | New | 2.10% | +2.10 |
| FVRR Fiverr International Ltd. | Add +44.6% | 5.28% | +1.70 |
| XRAY Dentsply Sirona Inc. | New | 1.48% | +1.48 |
| NATL NCR Atleos Corp. | Add +23.1% | 8.45% | +1.42 |
| LKQ LKQ Corp. | Add +44.0% | 2.66% | +0.58 |
| IWM iShares Russell 2000 ETF | Add +58.8% | 1.40% | +0.52 |
| RCM R1 RCM Inc. | Add +10.7% | 3.67% | +0.49 |
| CZR Caesars Entertainment Inc. | Add +7.1% | 6.58% | +0.25 |
| LNWO Light & Wonder Inc. | New | 0.23% | +0.23 |
| LW Lamb Weston Holdings Inc. | New | 0.01% | +0.01 |
| NVST Envista Holdings Corp. | New | 0.01% | +0.01 |
| MGM MGM Resorts International | Add +15.4% | 1.02% | −0.07 |
| ALIT Alight Inc. Class A | Add +0.2% | 1.67% | −0.13 |
| PRKS United Parks & Resorts Inc. | Add +7.2% | 4.58% | −0.38 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 29 | $1.0B | AVTR, NATL, BCO, DNOW, EYE |
| Q1 2026 | 26 | $828.4M | AVTR, NATL, SUNC, DNOW, BCO |
| Q4 2025 | 28 | $724.2M | AVTR, NATL, UNF, SUNC, OFIX |
| Q3 2025 | 27 | $842.2M | AVTR, NATL, LNWO, ACHC, OFIX |
| Q2 2025 | 28 | $473.4M | AVTR, NATL, OFIX, KBR, NXST |
| Q1 2025 | 33 | $527.6M | OFIX, LKQ, NATL, EYE, MAGN |
| Q4 2024 | 36 | $546.8M | OFIX, NATL, LKQ, MAGN, FVRR |
| Q3 2024 | 38 | $577.0M | OFIX, UPWK, NATL, LAUR, CZR |
| Q2 2024 | 36 | $533.7M | RTX, OFIX, LAUR, MRC, NATL |
| Q1 2024 | 39 | $495.4M | RTX, MRC, OFIX, LAUR, DELL |