Portillo's
PTLO
128 hedge funds and large institutions have $431M invested in Portillo's in 2022 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 32 increasing their positions, 37 reducing their positions, and 25 closing their positions.
43% more call options, than puts
Call options by funds: $8.39M | Put options by funds: $5.86M
20% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 25
2% more funds holding
Funds holding: 125 → 128 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.92% less ownership
Funds ownership: 77.4% → 73.48% (-3.9%)
14% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 37
37% less capital invested
Capital invested by funds: $681M → $431M (-$250M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$11.9M |
| 2 |
William Blair & Company
Chicago,
Illinois
|
+$5.48M |
| 3 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
+$4.18M |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$3.87M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$3.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWP
Perfromance Wealth Partners
Hinsdale,
Illinois
|
-$13.3M |
| 2 |
Select Equity Group
New York
|
-$11.6M |
| 3 |
Janus Henderson Group
London,
|
-$10.4M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$9.88M |
| 5 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
-$4.9M |
PTLO Hedge Fund Activity: Q2 2022 in Review
128 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Portillo's (PTLO) for Q2 2022, worth a combined $431M — down 37% from $681M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new PTLO positions and 25 closed out — a net gain of 5 holders — while 32 added to existing stakes and 37 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $11.9M. The largest seller was Perfromance Wealth Partners, cutting an estimated $13.3M.
- 128 institutional investors held Portillo's (PTLO) as of Q2 2022, up from 125 in Q1 2022.
- Funds reported $431M of Portillo's stock for Q2 2022, down 37% quarter-over-quarter.
- 30 funds opened new Portillo's positions in Q2 2022 and 25 closed out, a net change of +5 holders.
- The largest Portillo's buyer in Q2 2022 was Millennium Management, an estimated $11.9M added.
- The largest Portillo's seller in Q2 2022 was Perfromance Wealth Partners, an estimated $13.3M sold.
Based on aggregated 13F filings for Q2 2022.