Glenn W. Welling – Engaged Capital Portfolio Activity & Recent Trades (Sep 30, 2025)
As of Sep 30, 2025, the Engaged Capital portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 14, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q3 2025, the filing reported:
New Buys – BlackLine, Inc., Cognex Corporation
Increases – BRC Inc., GXO Logistics, Inc., Portillo's Inc., V.F. Corporation, YETI Holdings, Inc.
Reductions – Evolent Health, Inc
Complete Exits –
None reported
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Name | Type | Change Qty | % Change | Value | Remaining |
|---|---|---|---|---|---|---|---|
Q3 2025 | BL BlackLine, Inc. | BlackLine, Inc. | Buy - Position Entry | +453,794 | - | $24.10M | 453,794 |
Q3 2025 | BRCC BRC Inc. | BRC Inc. | Buy | +400,000 | +3.0% | $21.74M | 13,935,560 |
Q3 2025 | CGNX Cognex Corporation | Cognex Corporation | Buy - Position Entry | +855,000 | - | $38.73M | 855,000 |
Q3 2025 | EVH Evolent Health, Inc | Evolent Health, Inc | Sell | -190,556 | -3.3% | $47.92M | 5,663,912 |
Q3 2025 | GXO GXO Logistics, Inc. | GXO Logistics, Inc. | Buy | +81,477 | +9.1% | $51.75M | 978,477 |
Q3 2025 | PTLO Portillo's Inc. | Portillo's Inc. | Buy | +237,390 | +4.9% | $32.70M | 5,069,301 |
Q3 2025 | VFC V.F. Corporation | V.F. Corporation | Buy | +445,000 | +8.2% | $84.59M | 5,862,368 |
Q3 2025 | YETI YETI Holdings, Inc. | YETI Holdings, Inc. | Buy | +7,033 | +0.3% | $71.99M | 2,169,551 |
Q2 2025 | EVH Evolent Health, Inc | Evolent Health, Inc | Buy | +675,000 | +13.0% | $65.92M | 5,854,468 |
Q2 2025 | FRPT Freshpet, Inc. | Freshpet, Inc. | Buy - Position Entry | +619,130 | - | $42.08M | 619,130 |
Q2 2025 | GTLS Chart Industries, Inc. | Chart Industries, Inc. | Sell - Position Exit | -368,996 | -100.0% | $0.00 | - |
Q2 2025 | GXO GXO Logistics, Inc. | GXO Logistics, Inc. | Sell | -15,000 | -1.6% | $43.68M | 897,000 |
Q2 2025 | NATL NCR Atleos Corporation | NCR Atleos Corporation | Sell - Position Exit | -774,261 | -100.0% | $0.00 | - |
Q2 2025 | PTLO Portillo's Inc. | Portillo's Inc. | Sell | -647,860 | -11.8% | $56.39M | 4,831,911 |
Q2 2025 | VFC V.F. Corporation | V.F. Corporation | Sell | -67,000 | -1.2% | $63.65M | 5,417,368 |
Q2 2025 | VYX NCR Voyix Corporation | NCR Voyix Corporation | Sell - Position Exit | -431,679 | -100.0% | $0.00 | - |
Q2 2025 | YETI YETI Holdings, Inc. | YETI Holdings, Inc. | Buy | +619,000 | +40.1% | $68.16M | 2,162,518 |
Q1 2025 | EVH Evolent Health, Inc | Evolent Health, Inc | Sell | -225,300 | -4.2% | $49.05M | 5,179,468 |
Q1 2025 | GTLS Chart Industries, Inc. | Chart Industries, Inc. | Buy | +144,200 | +64.1% | $53.27M | 368,996 |
Q1 2025 | GXO GXO Logistics, Inc. | GXO Logistics, Inc. | Buy - Position Entry | +912,000 | - | $35.64M | 912,000 |
Q1 2025 | NATL NCR Atleos Corporation | NCR Atleos Corporation | Sell | -1,431,780 | -64.9% | $20.43M | 774,261 |
Q1 2025 | PRAA PRA Group, Inc. | PRA Group, Inc. | Sell - Position Exit | -619,945 | -100.0% | $0.00 | - |
Q1 2025 | PTLO Portillo's Inc. | Portillo's Inc. | Sell | -635,185 | -10.4% | $65.15M | 5,479,771 |
Q1 2025 | VFC V.F. Corporation | V.F. Corporation | Buy | +143,000 | +2.7% | $85.12M | 5,484,368 |
Q1 2025 | VYX NCR Voyix Corporation | NCR Voyix Corporation | Sell | -5,339,354 | -92.5% | $4.21M | 431,679 |
Q1 2025 | YETI YETI Holdings, Inc. | YETI Holdings, Inc. | Buy - Position Entry | +1,543,518 | - | $51.09M | 1,543,518 |
Q4 2024 | BL BlackLine, Inc. | BlackLine, Inc. | Sell - Position Exit | -609,713 | -100.0% | $0.00 | - |
Q4 2024 | EVH Evolent Health, Inc | Evolent Health, Inc | Buy | +1,415,300 | +35.5% | $60.80M | 5,404,768 |
Q4 2024 | GTLS Chart Industries, Inc. | Chart Industries, Inc. | Buy - Position Entry | +224,796 | - | $42.90M | 224,796 |
Q4 2024 | NATL NCR Atleos Corporation | NCR Atleos Corporation | Sell | -802,182 | -26.7% | $74.83M | 2,206,041 |