Glenn W. Welling - Engaged Capital 13F Activity & Position Changes (Q1 2026)

According to the SEC 13F filed on May 15, 2026, the Engaged Capital portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2026. 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 2026, the filing reported:

New Buys - None reported

Increases - BlackLine, Inc., Portillo's Inc.

Reductions - Cognex Corporation, GXO Logistics, Inc., V.F. Corporation, YETI Holdings, Inc.

Complete Exits - Freshpet, 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 2026	BL BlackLine, Inc.	BlackLine, Inc.	Buy	+284,000	+26.2%	$50.60M	1,367,619
Q1 2026	CGNX Cognex Corporation	Cognex Corporation	Sell	-449,000	-48.1%	$23.71M	484,000
Q1 2026	FRPT Freshpet, Inc.	Freshpet, Inc.	Sell - Position Exit	-401,130	-100.0%	$0.00	-
Q1 2026	GXO GXO Logistics, Inc.	GXO Logistics, Inc.	Sell	-8,000	-1.0%	$42.61M	821,769
Q1 2026	PTLO Portillo's Inc.	Portillo's Inc.	Buy	+1,908,000	+124.3%	$18.21M	3,442,990
Q1 2026	VFC V.F. Corporation	V.F. Corporation	Sell	-627,559	-11.8%	$79.50M	4,678,989
Q1 2026	YETI YETI Holdings, Inc.	YETI Holdings, Inc.	Sell	-248,600	-12.2%	$65.28M	1,784,095