Glenn W. Welling - Engaged Capital 13F Activity & Position Changes (Q1 2023)

As of Mar 31, 2023, the Engaged Capital portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2023. 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 Q1 2023, the filing reported:

New Buys - Freshpet, Inc., Shake Shack, Inc.

Increases - iShares Russell 2000 ETF, SunOpta, Inc., Upbound Group, Inc.

Reductions - Evolent Health, Inc

Complete Exits - BellRing Brands, Inc.

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
Q1 2023	BRBR BellRing Brands, Inc.	BellRing Brands, Inc.	Sell - Position Exit	-1,561,083	-100.0%	$0.00	-
Q1 2023	EVH Evolent Health, Inc	Evolent Health, Inc	Sell	-572,588	-20.6%	$71.83M	2,213,454
Q1 2023	FRPT Freshpet, Inc.	Freshpet, Inc.	Buy - Position Entry	+306,716	-	$20.30M	306,716
Q1 2023	IWM iShares Russell 2000 ETF	iShares Russell 2000 ETF	Buy	+11,000	+58.5%	$5.32M	29,800
Q1 2023	SHAK Shake Shack, Inc.	Shake Shack, Inc.	Buy - Position Entry	+1,717,943	-	$95.33M	1,717,943
Q1 2023	STKL SunOpta, Inc.	SunOpta, Inc.	Buy	+4,844,757	+452.5%	$45.55M	5,915,435
Q1 2023	UPBD Upbound Group, Inc.	Upbound Group, Inc.	Buy	+253,700	+7.0%	$94.56M	3,857,916