13F filing recap · Q1 2025

What did Engaged Capital buy in Q1 2025?

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

Stock value

$392.24M

Positions

Estimated turnover

50.6%

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.

Quarter in review

Engaged Capital opened new positions in Yeti Holdings and GXO Logistics while exiting Pra Group entirely. The firm added to V.F. Corporation and substantially increased its stake in Chart Industries. It trimmed Portillo's and reduced its positions in Evolent Health, NCR Atleos, and NCR Voyix.

New positions

YETIYeti Holdings, Inc.$51.09Mreported value+1.54M shares GXOGxo Logistics, Inc.$35.64Mreported value+912.0K shares

Increased positions

VFCV. F. Corporation$85.12Mreported value+143.0K shares+2.7%GTLSChart Industries, Inc.$53.27Mreported value+144.2K shares+64.1%

Reduced positions

PTLOPortillo'S Inc.$65.15Mreported value-635.2K shares-10.4%EVHEvolent Health, Inc.$49.05Mreported value-225.3K shares-4.2%NATLNcr Atleos Corporation$20.43Mreported value-1.43M shares-64.9%VYXNcr Voyix Corporation$4.21Mreported value-5.34M shares

Exited positions

PRAAPra Group, Inc$12.95Mprior reported value-619.9K shares-100.0%