Portillo's
PTLO
186 hedge funds and large institutions have $1.02B invested in Portillo's in 2023 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 79 increasing their positions, 38 reducing their positions, and 21 closing their positions.
108% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 38
19% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 21
12% more capital invested
Capital invested by funds: $911M → $1.02B (+$108M)
11% more call options, than puts
Call options by funds: $11.5M | Put options by funds: $10.4M
2% more funds holding
Funds holding: 183 → 186 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5.51% less ownership
Funds ownership: 87.73% → 82.22% (-5.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$41.3M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$18.4M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
+$15.8M |
| 4 |
BlackRock
New York
|
+$10.7M |
| 5 |
Millennium Management
New York
|
+$7.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$27.8M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$17.1M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$9.68M |
| 4 |
RCMU
Rokos Capital Management (UK)
London,
United Kingdom
|
-$7.49M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$7.11M |
PTLO Hedge Fund Activity: Q2 2023 in Review
186 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Portillo's (PTLO) for Q2 2023, worth a combined $1.02B — up 12% from $911M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new PTLO positions and 21 closed out — a net gain of 4 holders — while 79 added to existing stakes and 38 trimmed.
The largest buyer was Select Equity Group, adding an estimated $41.3M. The largest seller was Balyasny Asset Management, cutting an estimated $27.8M.
- 186 institutional investors held Portillo's (PTLO) as of Q2 2023, up from 183 in Q1 2023.
- Funds reported $1.02B of Portillo's stock for Q2 2023, up 12% quarter-over-quarter.
- 25 funds opened new Portillo's positions in Q2 2023 and 21 closed out, a net change of +4 holders.
- The largest Portillo's buyer in Q2 2023 was Select Equity Group, an estimated $41.3M added.
- The largest Portillo's seller in Q2 2023 was Balyasny Asset Management, an estimated $27.8M sold.
Based on aggregated 13F filings for Q2 2023.