Engaged Capital LLC
Engaged Capital LLC reported 9 US-listed holdings worth $322.9 million in its 13F for the quarter ended 30 June 2026, filed 14 August 2026. Its largest: V F Corp. (23.4%), Yeti Holdings, Inc. (18.3%) and GXO Logistics, Inc. (15.5%). Against the quarter before, it opened 1 position, added to 1, trimmed 4 and sold out of 0.
The 9 largest of its 9 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned -34.0% over the 7 quarters to 30 June 2026, against +30.2% for the S&P 500.
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Opened 1
- Freshpet, Inc. FRPT$28.7 million
Added to 1
- GXO Logistics, Inc. GXO+163,000 shares · +20%
Trimmed 4
- Yeti Holdings, Inc. YETI-590,000 shares · -33%
- Blackline, Inc. BL-540,000 shares · -39%
- Cognex Corp. CGNX-145,000 shares · -30%
- V F Corp. VFC-157,095 shares · -3%
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| V F Corp. VFC | 4.5M | $75.4 million | 23.36% | -157.1K |
| Yeti Holdings, Inc. YETI | 1.2M | $59.2 million | 18.33% | -590.0K |
| GXO Logistics, Inc. GXO | 984.8K | $49.9 million | 15.46% | +163.0K |
| Evolent Health Inc. EVH | 5.6M | $30.2 million | 9.34% | no change |
| Freshpet, Inc. FRPT | 484.7K | $28.7 million | 8.87% | new |
| Cognex Corp. CGNX | 339.0K | $24.6 million | 7.60% | -145.0K |
| Blackline, Inc. BL | 827.6K | $23.2 million | 7.19% | -540.0K |
| Portillos Inc. PTLO | 3.4M | $16.3 million | 5.05% | no change |
| BRC Inc. BRCC | 13.9M | $15.5 million | 4.79% | no change |