Portillo's
PTLO
185 hedge funds and large institutions have $377M invested in Portillo's in 2025 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 61 increasing their positions, 55 reducing their positions, and 53 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 55
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
8% less funds holding
Funds holding: 200 → 185 (-15)
25.37% less ownership
Funds ownership: 106.73% → 81.36% (-25%)
26% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 53
45% less call options, than puts
Call options by funds: $9.9M | Put options by funds: $17.9M
64% less capital inflows, than outflows
Capital inflows: $67.2M | Capital outflows: $188M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.11M |
| 2 |
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$4.74M |
| 3 |
BlackRock
New York
|
+$4.31M |
| 4 |
Orbis Allan Gray
Hamilton,
Bermuda
|
+$4.06M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$3.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Woodline Partners
San Francisco,
California
|
-$29.5M |
| 2 |
Fred Alger Management
New York
|
-$21.7M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$13.4M |
| 4 |
Emerald Advisers
Leola,
Pennsylvania
|
-$10.9M |
| 5 |
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$8.54M |
PTLO Hedge Fund Activity: Q3 2025 in Review
185 of the 7,658 institutional investors tracked by Wall St. Rank reported a position in Portillo's (PTLO) for Q3 2025, worth a combined $377M — down 53% from $798M a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of PTLO and 39 opened new positions — a net loss of 14 holders — while 55 trimmed existing stakes and 61 added.
The largest buyer was Susquehanna International Group, adding an estimated $5.11M. The largest seller was Woodline Partners, exiting entirely with an estimated $29.5M sold.
- 185 institutional investors held Portillo's (PTLO) as of Q3 2025, down from 200 in Q2 2025.
- Funds reported $377M of Portillo's stock for Q3 2025, down 53% quarter-over-quarter.
- 39 funds opened new Portillo's positions in Q3 2025 and 53 closed out, a net change of -14 holders.
- The largest Portillo's buyer in Q3 2025 was Susquehanna International Group, an estimated $5.11M added.
- The largest Portillo's seller in Q3 2025 was Woodline Partners, an estimated $29.5M sold.
Based on aggregated 13F filings for Q3 2025.