# Glenn Welling — Engaged Capital

Portfolio USD 322,915,000 · 9 positions · 2026 Q2 · history from 2019 Q2.
Source: quarterly 13F filings via dataroma.com. Page: https://gigainvestors.com/ENG

## Positions (2026 Q2)

| Ticker | Company | % of portfolio | Value | This quarter | Holders |
|---|---|---:|---:|---|---:|
| VFC | V.F. Corp. | 23% | USD 75,425,000 | -3.36% |  |
| YETI | YETI Holdings Inc. | 18% | USD 59,179,000 | -33.07% |  |
| GXO | Gxo Logistics Inc. | 16% | USD 49,928,000 | +19.84% |  |
| EVH | Evolent Health Inc. | 9.3% | USD 30,156,000 | hold |  |
| FRPT | Freshpet Inc. | 8.9% | USD 28,658,000 | new |  |
| CGNX | Cognex Corp. | 7.6% | USD 24,550,000 | -29.96% |  |
| BL | BlackLine Inc. | 7.2% | USD 23,231,000 | -39.48% |  |
| PTLO | Portillo's Inc Cl A | 5.1% | USD 16,320,000 | hold |  |
| BRCC | BRC Inc. | 4.8% | USD 15,468,000 | hold |  |

## Moves this quarter (6)

- VFC V.F. Corp.: -3.36% (USD 75,425,000)
- YETI YETI Holdings Inc.: -33.07% (USD 59,179,000)
- GXO Gxo Logistics Inc.: +19.84% (USD 49,928,000)
- FRPT Freshpet Inc.: new (USD 28,658,000)
- CGNX Cognex Corp.: -29.96% (USD 24,550,000)
- BL BlackLine Inc.: -39.48% (USD 23,231,000)

## Portfolio value by quarter

- 2019 Q2: USD 822,158,333 (9 positions)
- 2019 Q3: USD 789,461,817 (8 positions)
- 2019 Q4: USD 962,681,356 (8 positions)
- 2020 Q1: USD 762,798,909 (8 positions)
- 2020 Q2: USD 927,992,078 (10 positions)
- 2020 Q3: USD 966,937,056 (10 positions)
- 2020 Q4: USD 1,212,247,650 (9 positions)
- 2021 Q1: USD 1,384,645,406 (9 positions)
- 2021 Q2: USD 1,290,883,994 (9 positions)
- 2021 Q3: USD 1,391,950,345 (9 positions)
- 2021 Q4: USD 812,022,716 (9 positions)
- 2022 Q1: USD 987,410,656 (8 positions)
- 2022 Q2: USD 651,302,793 (7 positions)
- 2022 Q3: USD 505,795,399 (9 positions)
- 2022 Q4: USD 591,463,197 (9 positions)
- 2023 Q1: USD 702,560,145 (10 positions)
- 2023 Q2: USD 691,269,054 (8 positions)
- 2023 Q3: USD 548,585,038 (7 positions)
- 2023 Q4: USD 682,708,642 (9 positions)
- 2024 Q1: USD 617,223,750 (11 positions)
- 2024 Q2: USD 583,921,084 (12 positions)
- 2024 Q3: USD 616,605,873 (9 positions)
- 2024 Q4: USD 486,368,436 (8 positions)
- 2025 Q1: USD 392,205,073 (9 positions)
- 2025 Q2: USD 357,582,153 (7 positions)
- 2025 Q3: USD 407,673,464 (9 positions)
- 2025 Q4: USD 392,061,233 (9 positions)
- 2026 Q1: USD 303,410,976 (8 positions)
- 2026 Q2: USD 322,915,000 (9 positions)