Glenn Welling - Engaged Capital
Engaged Capital
Latest 13F filing
Q4 2025
filed Feb 17, 2026
Portfolio value
$392.02M
Positions
9
Top 10 concentration
100.0%
QoQ change
-3.8%
$-15.61M
Activity vs. Q3 2025
0
New positions
2
Added to
1
Unchanged
6
Reduced
9
Exited
Portfolio composition — Q4 2025
- VFCV F CORP24.5%
- YETIYETI HLDGS INC22.9%
- BLBLACKLINE INC15.3%
- GXOGXO LOGISTICS INCORPORATED11.1%
- CGNXCOGNEX CORP8.6%
- FRPTFRESHPET INC6.2%
- EVHEVOLENT HEALTH INC5.7%
- BRCCBRC INC3.9%
- PTLOPORTILLOS INC1.8%
Top buys
New & added positions, by size
Holdings as of Q4 2025
| # | Ticker | Issuer | Shares | Value | % Portfolio | Reported price | Action | Δ Shares |
|---|---|---|---|---|---|---|---|---|
| 1 | VFC | V F CORP | 5,306,548 | $95.94M | 24.47% | $18.08 | REDUCE | -9.5% |
| 2 | YETI | YETI HLDGS INC | 2,032,695 | $89.78M | 22.90% | $44.17 | REDUCE | -6.3% |
| 3 | BL | BLACKLINE INC | 1,083,619 | $59.91M | 15.28% | $55.29 | ADD | +138.8% |
| 4 | GXO | GXO LOGISTICS INCORPORATED | 829,769 | $43.68M | 11.14% | $52.64 | REDUCE | -15.2% |
| 5 | CGNX | COGNEX CORP | 933,000 | $33.57M | 8.56% | $35.98 | ADD | +9.1% |
| 6 | FRPT | FRESHPET INC | 401,130 | $24.44M | 6.23% | $60.93 | REDUCE | -35.2% |
| 7 | EVH | EVOLENT HEALTH INC | 5,563,912 | $22.26M | 5.68% | $4.00 | REDUCE | -1.8% |
| 8 | BRCC | BRC INC | 13,935,560 | $15.47M | 3.95% | $1.11 | — | 0% |
| 9 | PTLO | PORTILLOS INC | 1,534,990 | $6.97M | 1.78% | $4.54 | REDUCE | -69.7% |
Positions exited in Q4 2025
Source: SEC EDGAR 13F-HR filing Feb 17, 2026. Reported prices are derived from the filing's value-to-shares ratio (effectively the quarter-end mark). Filings are published with a 45-day delay. CIK 0001559771.