Portillo's
PTLO
181 hedge funds and large institutions have $742M invested in Portillo's in 2024 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 68 increasing their positions, 39 reducing their positions, and 26 closing their positions.
78% more capital inflows, than outflows
Capital inflows: $111M | Capital outflows: $62.3M
74% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 39
15% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 26
6.32% more ownership
Funds ownership: 83.06% → 89.37% (+6.3%)
1% more funds holding
Funds holding: 179 → 181 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less call options, than puts
Call options by funds: $14.1M | Put options by funds: $15.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Engaged Capital
Newport Beach,
California
|
+$37.4M |
| 2 |
Millennium Management
New York
|
+$12.6M |
| 3 |
Hodges Capital Management
Dallas,
Texas
|
+$10.2M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$8.19M |
| 5 |
Zuckerman Investment Group
Chicago,
Illinois
|
+$6.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Partners
Boston,
Massachusetts
|
-$24.2M |
| 2 |
Voss Capital
Houston,
Texas
|
-$5.59M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$4.38M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$4.18M |
| 5 |
Squarepoint
New York
|
-$3.97M |
PTLO Hedge Fund Activity: Q3 2024 in Review
181 of the 6,987 institutional investors tracked by Wall St. Rank reported a position in Portillo's (PTLO) for Q3 2024, worth a combined $742M — up 49% from $497M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new PTLO positions and 26 closed out — a net gain of 4 holders — while 68 added to existing stakes and 39 trimmed.
The largest buyer was Engaged Capital, adding an estimated $37.4M. The largest seller was Berkshire Partners, cutting an estimated $24.2M.
- 181 institutional investors held Portillo's (PTLO) as of Q3 2024, up from 179 in Q2 2024.
- Funds reported $742M of Portillo's stock for Q3 2024, up 49% quarter-over-quarter.
- 30 funds opened new Portillo's positions in Q3 2024 and 26 closed out, a net change of +4 holders.
- The largest Portillo's buyer in Q3 2024 was Engaged Capital, an estimated $37.4M added.
- The largest Portillo's seller in Q3 2024 was Berkshire Partners, an estimated $24.2M sold.
Based on aggregated 13F filings for Q3 2024.