13F filing recap · Q4 2023

What did Engaged Capital buy in Q4 2023?

Reported stock-position changes between this filing and the previous one.

Stock value

$682.71M

Positions

Estimated turnover

38.0%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

NATLNcr Atleos Corporation$60.95Mreported value+2.51M shares PRAAPra Group, Inc$52.68Mreported value+2.01M shares NVRONevro Corp$46.66Mreported value+2.17M shares

Increased positions

EVHEvolent Health, Inc.$107.73Mreported value+428.6K shares+15.1%VFCV. F. Corporation$100.42Mreported value+145.1K shares+2.8%BRCCBrc Inc.$46.65Mreported value+400.0K shares+3.2%

Reduced positions

UPBDUpbound Group, Inc$81.42Mreported value-1.27M shares-34.6%

Exited positions

PRMWPrimo Water Corporation$12.13Mprior reported value-878.8K shares-100.0%