13F filing recap · Q3 2025

What did Engaged Capital buy in Q3 2025?

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

Stock value

$407.63M

Positions

Estimated turnover

20.3%

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 Cognex Corporation and Blackline, Inc. It also slightly increased its stakes in V. F. Corporation, Yeti Holdings, Gxo Logistics, Portillo'S Inc., and Brc Inc., while slightly trimming Evolent Health.

New positions

CGNXCognex Corporation$38.73Mreported value+855.0K shares BLBlackline, Inc.$24.10Mreported value+453.8K shares

Increased positions

VFCV. F. Corporation$84.59Mreported value+445.0K shares+8.2%YETIYeti Holdings, Inc.$71.99Mreported value+7.0K shares+0.3%GXOGxo Logistics, Inc.$51.75Mreported value+81.5K shares+9.1%PTLOPortillo'S Inc.$32.70Mreported value+237.4K shares

Reduced positions

EVHEvolent Health, Inc.$47.92Mreported value-190.6K shares-3.3%