Glenn W. Welling - Engaged Capital Investment Strategy (Jun 30, 2025)
As of Jun 30, 2025, the Engaged Capital portfolio managed by Glenn W. Welling demonstrates a sophisticated investment approach with 22 positions and an average holding period of 549 quarters. The strategy focuses on Consumer Cyclical, Consumer Defensive, Financial Services, Healthcare, Industrials, Technology sectors with a typical position size of 11.0% of the portfolio.
The portfolio's risk management approach includes a maximum position size of 10.99% and sector diversification of 6%, exemplified by the case study of YETI HLDGS INC (YETI). This strategic framework provides insights into Glenn W. Welling's investment philosophy, risk management practices, and long-term value creation approach.
Investment Strategy Metrics
Key metrics revealing investment style, risk management, and performance characteristics
| Metric | Value | Category | Description |
|---|---|---|---|
| Holding Period | 1.5 years | Style | Average duration positions are maintained |
| Position Count | 22 | Style | Number of active positions in portfolio |
| Position Size | 11.0% | Risk | Typical allocation per position |
| Win Rate | 45.1% | Performance | Percentage of profitable positions |
| Average Return | 11.3% | Performance | Mean return across positions |
| Sharpe Ratio | 0.13 | Performance | Return per unit of risk taken |
Investment Case Study: YETI HLDGS INC (YETI)
3/31/2025 - 11/9/2025
Performance Metrics
Total Return: 33.42%
Holding Period: 223 days
Max Position Size: $68,162,567.00
Position Weight: 16.04%
Key Events
Investment Thesis
Entry Context: Initial position established based on fundamental analysis
Sector Conditions: Favorable market conditions in the sector
- Market volatility
- Sector-specific risks
Key Learnings
- Position sizing is critical for portfolio management
- Important to monitor sector exposure