Portillo's
PTLO
170 hedge funds and large institutions have $578M invested in Portillo's in 2022 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 55 increasing their positions, 41 reducing their positions, and 19 closing their positions.
121% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 19
34% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 41
14% more funds holding
Funds holding: 149 → 170 (+21)
4.68% more ownership
Funds ownership: 78.89% → 83.58% (+4.7%)
12% less capital invested
Capital invested by funds: $654M → $578M (-$76.1M)
20% less call options, than puts
Call options by funds: $4.61M | Put options by funds: $5.78M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$32.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22.6M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$13M |
| 4 |
BlackRock
New York
|
+$8.84M |
| 5 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
+$8.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BP
Berkshire Partners
Boston,
Massachusetts
|
-$41.7M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$32.1M |
| 3 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
-$11.3M |
| 4 |
Select Equity Group
New York
|
-$9.43M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$3.51M |
PTLO Hedge Fund Activity: Q4 2022 in Review
170 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Portillo's (PTLO) for Q4 2022, worth a combined $578M — down 12% from $654M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PTLO positions and 19 closed out — a net gain of 23 holders — while 55 added to existing stakes and 41 trimmed.
The largest buyer was Orbis Allan Gray, adding an estimated $32.3M. The largest seller was Berkshire Partners, cutting an estimated $41.7M.
- 170 institutional investors held Portillo's (PTLO) as of Q4 2022, up from 149 in Q3 2022.
- Funds reported $578M of Portillo's stock for Q4 2022, down 12% quarter-over-quarter.
- 42 funds opened new Portillo's positions in Q4 2022 and 19 closed out, a net change of +23 holders.
- The largest Portillo's buyer in Q4 2022 was Orbis Allan Gray, an estimated $32.3M added.
- The largest Portillo's seller in Q4 2022 was Berkshire Partners, an estimated $41.7M sold.
Based on aggregated 13F filings for Q4 2022.