Glenn W. Welling - Engaged Capital 13F Activity & Position Changes (Q4 2022)

As of Dec 31, 2022, the Engaged Capital portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 14, 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 Q4 2022, the filing reported:

New Buys - BellRing Brands, Inc.

Increases - BRC Inc., Evolent Health, Inc, Upbound Group, Inc., NCR Voyix Corporation

Reductions - iShares Russell 2000 ETF, SunOpta, 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
Q4 2022	BRBR BellRing Brands, Inc.	BellRing Brands, Inc.	Buy - Position Entry	+1,561,083	-	$40.03M	1,561,083
Q4 2022	BRCC BRC Inc.	BRC Inc.	Buy	+100,000	+0.8%	$81.58M	13,351,450
Q4 2022	EVH Evolent Health, Inc	Evolent Health, Inc	Buy	+544,050	+24.3%	$78.23M	2,786,042
Q4 2022	FRPT Freshpet, Inc.	Freshpet, Inc.	Sell - Position Exit	-295,313	-100.0%	$0.00	-
Q4 2022	IWM iShares Russell 2000 ETF	iShares Russell 2000 ETF	Sell	-22,000	-53.9%	$3.28M	18,800
Q4 2022	STKL SunOpta, Inc.	SunOpta, Inc.	Sell	-921,241	-46.2%	$9.04M	1,070,678
Q4 2022	UPBD Upbound Group, Inc.	Upbound Group, Inc.	Buy	+1,039,672	+40.5%	$81.28M	3,604,216
Q4 2022	VYX NCR Voyix Corporation	NCR Voyix Corporation	Buy	+800,000	+18.0%	$122.96M	5,252,456