Portillo's
PTLO
182 hedge funds and large institutions have $721M invested in Portillo's in 2023 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 59 increasing their positions, 52 reducing their positions, and 22 closing their positions.
45% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 22
13% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 52
8% more capital invested
Capital invested by funds: $666M → $721M (+$54.6M)
5% more funds holding
Funds holding: 173 → 182 (+9)
3.23% more ownership
Funds ownership: 78.4% → 81.63% (+3.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less call options, than puts
Call options by funds: $6.93M | Put options by funds: $7.26M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$18.6M |
| 2 |
Morgan Stanley
New York
|
+$13.1M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$9.89M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$7.01M |
| 5 |
BlackRock
New York
|
+$5.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$38.3M |
| 2 |
Two Sigma Investments
New York
|
-$5.31M |
| 3 |
Two Sigma Advisers
New York
|
-$3.8M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$3.76M |
| 5 |
Renaissance Technologies
New York
|
-$2.68M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Legacy Financial Group (Iowa)
Des Moines,
Iowa
| – | -$1.43K | -93 | Closed |
|
|
MIA
202
Milestone Investment Advisors
Middleton,
Wisconsin
| – | -$570 | -37 | Closed |
|
|
RG
203
Retirement Group
San Diego,
California
| – | -$200 | -13 | Closed |
|
PTLO Hedge Fund Activity: Q4 2023 in Review
182 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Portillo's (PTLO) for Q4 2023, worth a combined $721M — up 8.2% from $666M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new PTLO positions and 22 closed out — a net gain of 10 holders — while 59 added to existing stakes and 52 trimmed.
The largest buyer was Ameriprise, adding an estimated $18.6M. The largest seller was Select Equity Group, cutting an estimated $38.3M.
- 182 institutional investors held Portillo's (PTLO) as of Q4 2023, up from 173 in Q3 2023.
- Funds reported $721M of Portillo's stock for Q4 2023, up 8.2% quarter-over-quarter.
- 32 funds opened new Portillo's positions in Q4 2023 and 22 closed out, a net change of +10 holders.
- The largest Portillo's buyer in Q4 2023 was Ameriprise, an estimated $18.6M added.
- The largest Portillo's seller in Q4 2023 was Select Equity Group, an estimated $38.3M sold.
Based on aggregated 13F filings for Q4 2023.