Portillo's
PTLO
150 hedge funds and large institutions have $622M invested in Portillo's in 2022 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 53 increasing their positions, 23 reducing their positions, and 16 closing their positions.
144% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 16
130% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 23
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
44% more capital invested
Capital invested by funds: $431M → $622M (+$191M)
17% more funds holding
Funds holding: 128 → 150 (+22)
1.54% more ownership
Funds ownership: 73.48% → 75.02% (+1.5%)
6% less call options, than puts
Call options by funds: $13M | Put options by funds: $13.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$66.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.6M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$15.4M |
| 4 |
Janus Henderson Group
London,
|
+$11.6M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$9.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BP
Berkshire Partners
Boston,
Massachusetts
|
-$46.2M |
| 2 |
Millennium Management
New York
|
-$13.1M |
| 3 |
Select Equity Group
New York
|
-$11.1M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$3.54M |
| 5 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
-$1.64M |
PTLO Hedge Fund Activity: Q3 2022 in Review
150 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Portillo's (PTLO) for Q3 2022, worth a combined $622M — up 44% from $431M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new PTLO positions and 16 closed out — a net gain of 23 holders — while 53 added to existing stakes and 23 trimmed.
The largest buyer was Orbis Allan Gray, opening a new position worth an estimated $66.9M. The largest seller was Berkshire Partners, cutting an estimated $46.2M.
- 150 institutional investors held Portillo's (PTLO) as of Q3 2022, up from 128 in Q2 2022.
- Funds reported $622M of Portillo's stock for Q3 2022, up 44% quarter-over-quarter.
- 39 funds opened new Portillo's positions in Q3 2022 and 16 closed out, a net change of +23 holders.
- The largest Portillo's buyer in Q3 2022 was Orbis Allan Gray, an estimated $66.9M added.
- The largest Portillo's seller in Q3 2022 was Berkshire Partners, an estimated $46.2M sold.
Based on aggregated 13F filings for Q3 2022.