Engaged Capital 13F holdings, Q1 2024
Holdings as of March 31, 2024 · filings on SEC EDGAR · latest filing →
Engaged Capital disclosed 11 US equity positions worth $617.1m in its Q1 2024 13F filing. The largest position was EVH at 17.3% of the reported book, followed by VFC and SHAK. Against the Q4 2023 filing, it opened 2 new positions, added to 1 and reduced 4 among the top 11 holdings.
What did Engaged Capital own in Q1 2024? Top 11 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2023 |
|---|---|---|---|---|---|---|---|
| 1 | EVH EVOLENT HEALTH INC | Healthcare | 17.3% | $106.9m | 3,261,458 | 0% | held |
| 2 | VFC V F CORP | Consumer Cyclical | 13.3% | $81.9m | 5,341,368 | 0% | held |
| 3 | SHAK SHAKE SHACK INC | Consumer Cyclical | 13.1% | $80.6m | 774,788 | -43% | reduced |
| 4 | VYX NCR VOYIX CORPORATION | Technology | 11.9% | $73.7m | 5,836,029 | 16% | added |
| 5 | UPBD UPBOUND GROUP INC | Technology | 9.5% | $58.6m | 1,665,708 | -31% | reduced |
| 6 | BRCC BRC INC | 8.9% | $55.0m | 12,851,018 | 0% | held | |
| 7 | NATL NCR ATLEOS CORPORATION | Technology | 8.0% | $49.6m | 2,509,256 | 0% | held |
| 8 | PRAA PRA GROUP INC | Financial Services | 7.8% | $48.3m | 1,853,249 | -8% | reduced |
| 9 | PTLO PORTILLOS INC | Consumer Cyclical | 4.6% | $28.2m | 1,990,000 | – | new |
| 10 | NEVRO CORP | 4.4% | $27.2m | 1,885,956 | -13% | reduced | |
| 11 | ENVESTNET INC | 1.1% | $6.9m | 119,434 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.