Glenn W. Welling Portfolio Analysis: Concentration Risks and Sector Exposure
Engaged Capital's Glenn W. Welling holds significant positions in VFC (23.06%) and YETI (18.09), primarily concentrated within the Consumer Cyclical sector, which accounts for nearly half of his portfolio.
As of June 30th, 2026, Glenn W. Welling's investment portfolio at Engaged Capital totals $322.9 million.
The analysis reveals a notable concentration in specific holdings and sectors. The top five positions by weight account for approximately 74.4% of the total portfolio value, indicating significant exposure to individual stocks. Among these, VFC stands out as Welling's largest position, representing about 23.06% of his portfolio.
YETI HLDGS INC (YETI) follows closely with an allocation of 18.09%, while GXO LOGISTICS INCORPORATED (GXO) holds a substantial 15.26%. EVOLENT HEALTH INC (EVH) and FRESHPET INC (FRPT) complete the top five, each accounting for around 7-9% of the portfolio.
Welling's sector allocation shows a strong bias towards Consumer Cyclical stocks, which make up roughly half (46.74%) of his $322.9 million portfolio. This is followed by Industrials at 15.46%, Technology at 14.80%, Consumer Defensive at 13.66%, and Healthcare rounding out the sectors with a smaller allocation.
Several holdings have seen changes in their share count from the previous period, including VFC (-3.36%), YETI (-33.07%), BL (-39.48%), CGNX (-29.96%), and FRPT (+20.84%). These shifts highlight active management decisions within Welling's portfolio.
The significant allocation to VFC, coupled with the high concentration in top holdings (top5_weight_pct: 74.4), suggests that a relatively small number of stocks drive substantial value and risk exposure for Glenn W. Welling as of June 30th, 2026.