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Portillo's

186 hedge funds and large institutions have $269M invested in Portillo's in 2026 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 57 increasing their positions, 57 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more capital invested

Capital invested by funds: $248M → $269M (+$20.9M)

3% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 36

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 57

2% less funds holding

Funds holding: 190186 (-4)

4.3% less ownership

Funds ownership: 75.86%71.56% (-4.3%)

24% less call options, than puts

Call options by funds: $9.61M | Put options by funds: $12.6M

Holders
186
Holders Change
-4
Holders Change %
-2.11%
% of All Funds
2.29%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
37
Increased
57
Reduced
57
Closed
36
Calls
$9.61M
Puts
$12.6M
Net Calls
-$3.02M
Net Calls Change
+$3M
Name Holding Trade Value Shares
Change
Change in
Stake
OAG
1
Orbis Allan Gray
Bermuda
$37.4M +$399K +73,380 +1%
BlackRock
2
BlackRock
New York
$27.1M +$418K +76,842 +2%
AllianceBernstein
3
AllianceBernstein
Tennessee
$23.5M -$606K -111,451 -2%
EC
4
Engaged Capital
California
$18.2M +$10.4M +1,908,000 +124%
VCM
5
Vanguard Capital Management
Pennsylvania
$16.1M +$16.5M +3,039,553 New
ZIG
6
Zuckerman Investment Group
Illinois
$10.9M +$535K +98,374 +5%
Marshall Wace
7
Marshall Wace
United Kingdom
$8.97M +$9.23M +1,696,560 New
Geode Capital Management
8
Geode Capital Management
Massachusetts
$8.84M -$29.2K -5,367 -0.3%
State Street
9
State Street
Massachusetts
$6.81M +$490K +90,032 +8%
Select Equity Group
10
Select Equity Group
New York
$6.1M +$73.4K +13,484 +1%
William Blair & Company
11
William Blair & Company
Illinois
$5.89M +$696K +127,902 +13%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$5.7M -$1.69M -310,117 -22%
BP
13
Berkshire Partners
Massachusetts
$5.53M
Goldman Sachs
14
Goldman Sachs
New York
$5.22M -$9.46M -1,738,089 -64%
Balyasny Asset Management
15
Balyasny Asset Management
Illinois
$4.59M +$3.29M +604,666 +230%
Franklin Resources
16
Franklin Resources
California
$4.44M -$1.52M -279,132 -25%
Susquehanna International Group
17
Susquehanna International Group
Pennsylvania
$4.2M +$2.39M +439,161 +124%
Bank of America
18
Bank of America
North Carolina
$3.73M +$124K +22,744 +3%
Charles Schwab
19
Charles Schwab
California
$3.34M -$69.2K -12,714 -2%
VPM
20
Vanguard Portfolio Management
Pennsylvania
$3.29M +$3.38M +621,759 New
Millennium Management
21
Millennium Management
New York
$3.29M -$9.02M -1,658,410 -73%
Morgan Stanley
22
Morgan Stanley
New York
$3.23M -$2.62M -481,887 -44%
Hotchkis & Wiley Capital Management
23
Hotchkis & Wiley Capital Management
California
$3.19M +$3.28M +602,140 New
Citadel Advisors
24
Citadel Advisors
Florida
$2.93M -$6.25M -1,148,027 -67%
Northern Trust
25
Northern Trust
Illinois
$2.76M -$208K -38,315 -7%

PTLO Hedge Fund Activity: Q1 2026 in Review

186 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Portillo's (PTLO) for Q1 2026, worth a combined $269M — up 8.4% from $248M a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new PTLO positions and 36 closed out — a net gain of 1 holder — while 57 added to existing stakes and 57 trimmed.

The largest buyer was Engaged Capital, adding an estimated $10.4M. The largest seller was Goldman Sachs, cutting an estimated $9.46M.

  • 186 institutional investors held Portillo's (PTLO) as of Q1 2026, down from 190 in Q4 2025.
  • Funds reported $269M of Portillo's stock for Q1 2026, up 8.4% quarter-over-quarter.
  • 37 funds opened new Portillo's positions in Q1 2026 and 36 closed out, a net change of +1 holder.
  • The largest Portillo's buyer in Q1 2026 was Engaged Capital, an estimated $10.4M added.
  • The largest Portillo's seller in Q1 2026 was Goldman Sachs, an estimated $9.46M sold.

Based on aggregated 13F filings for Q1 2026.