Portillo's Inc.

PTLO • NASDAQ

Portillo's Inc. is a restaurants company in the consumer cyclical sector on NASDAQ, led by Michael Osanloo, with a market cap of $337.4M. As of Q3 2025, 81% of shares are held by 181 institutional investors, with Orbis Allan Gray Ltd as the largest holder at 9.51%.

CEOMichael Osanloo

Market Cap$337.4M

Restaurants

Consumer Cyclical

Employees8.2K

Websiteportillos.com

Country

United States of America

Overview

Overview of institutional ownership in PTLO as of Q3 2025 with a market cap of $463.8M

All Institutions

Institutions: 181
Value Held: $377.6M
Shares Held: 58.6M
Avg Position: $2.1M
Median Position: $167.3K

Hedge Funds

Hedge Funds: 24
Value Held: $67.6M
Shares Held: 10.5M
Avg Position: $2.8M
Median Position: $455.6K

Ownership Breakdown

Institutional (non-HF)

66.85%

$310.0M

Hedge Funds

14.58%

$67.6M

Retail & Other

18.57%

$86.1M

Based on market cap of $463.8M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in PTLO as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
O Orbis Allan Gray Ltd RIA/Wealth	Don Lynn Ray Managing Partner	$44.1M 0.19% of portfolio	9.51% 6.8M shares	Q3 2022 Held for 3y 2m	$23.3B
ALLIANCEBERNSTEIN L.P. Long Only Manager	Seth Perry Bernstein CEO	$35.8M 0.01% of portfolio	7.72% 5.5M shares	Q4 2021 Held for 3y 11m	$317.45B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$33.5M 0.00% of portfolio	7.23% 5.2M shares	Q4 2021 Held for 3y 11m	$6.69T
E Engaged Capital LLC Hedge Fund•Activist	Glenn William Welling CIO	$32.7M 8.02% of portfolio	7.05% 5.1M shares	Q1 2024 Held for 1y 8m	$407.6M
B BlackRock, Inc. Institution	-	$29.9M 0.00% of portfolio	6.45% 4.6M shares	Q4 2021 Held for 3y 11m	$5.67T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$13.7M 0.00% of portfolio	2.96% 2.1M shares	Q2 2023 Held for 2y 5m	$466.32B
AMERIPRISE FINANCIAL INC Institution	Jim Cracchiolo CEO	$12.7M 0.00% of portfolio	2.74% 2.0M shares	Q1 2023 Held for 2y 8m	$433.11B
Zuckerman Investment Group, LLC RIA/Wealth	Daniel Ross Zuckerman CEO	$11.9M 1.11% of portfolio	2.57% 1.8M shares	Q4 2022 Held for 2y 11m	$1.1B
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	Kenneth Cordele Griffin CEO	$11.1M 0.01% of portfolio	2.39% 1.7M shares	Q4 2021 Held for 3y 11m	$122.08B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$10.0M 0.00% of portfolio	2.16% 1.6M shares	Q4 2021 Held for 3y 11m	$1.57T

Net Capital Flow

Institutional buying and selling activity for PTLO in Q3 2025

Traded: −$115.3M
Buyers: 105
Sellers: 102
Total Bought: +$51.5M
Total Sold: −$166.8M
Avg Position: $1.6M

Biggest Buyers

Institution	Net Bought	Current Position
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	+$3.9M +605.4K shares	$5.3M 818.8K shares
C Cubist Systematic Strategies, LLC Institution	+$3.6M +562.3K shares	$3.6M 562.3K shares
B BlackRock, Inc. Institution	+$3.3M +510.5K shares	$29.9M 4.6M shares
O Orbis Allan Gray Ltd RIA/Wealth	+$3.1M +481.5K shares	$44.1M 6.8M shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$2.7M +419.3K shares	$2.7M 419.3K shares
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	+$2.6M +404.5K shares	$2.6M 404.5K shares
S Squarepoint Ops LLC Hedge Fund•Quant	+$2.5M +383.1K shares	$3.2M 502.4K shares
GM Advisory Group, Inc. RIA/Wealth	+$1.9M +300.0K shares	$1.9M 300.0K shares
E Engaged Capital LLC Hedge Fund•Activist	+$1.5M +237.4K shares	$32.7M 5.1M shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$1.4M +221.3K shares	$13.7M 2.1M shares

Biggest Sellers

Institution	Net Sold	Current Position
Woodline Partners LP Hedge Fund•Long/Short	−$29.5M −2.5M shares	Sold Off 0 shares
F FRED ALGER MANAGEMENT INC Long Only Manager	−$21.7M −1.9M shares	Sold Off 0 shares
AMERIPRISE FINANCIAL INC Institution	−$10.3M −1.6M shares	$12.7M 2.0M shares
EMERALD MUTUAL FUND ADVISERS TRUST Long Only Manager	−$8.5M −731.6K shares	Sold Off 0 shares
Hodges Capital Management Inc. Long Only Manager	−$8.2M −702.6K shares	Sold Off 0 shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$7.9M −677.2K shares	Sold Off 0 shares
Pier Capital, LLC Long Only Manager	−$7.7M −662.3K shares	Sold Off 0 shares
F First Eagle Investment Management, LLC Long Only Manager	−$6.7M −577.9K shares	Sold Off 0 shares
Allspring Global Investments Holdings, LLC Long Only Manager	−$6.5M −560.1K shares	Sold Off 0 shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	−$5.3M −450.5K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited PTLO in Q3 2025

New Positions: 19
New Value: $10.3M
Exited Positions: 51
Exited Value: $134.6M

New Positions

Institution	Position Value
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	$2.6M 404.5K shares
GM Advisory Group, Inc. RIA/Wealth	$1.9M 300.0K shares
Empowered Funds, LLC ETF Provider	$1.3M 204.5K shares
Janney Montgomery Scott LLC RIA/Wealth	$849.8K 131.8K shares
Southeast Asset Advisors Inc. RIA/Wealth	$840.1K 130.3K shares
JENNISON ASSOCIATES LLC Long Only Manager	$722.9K 112.1K shares
Caption Management, LLC Hedge Fund•Long/Short	$645.0K 100.0K shares
CITIZENS FINANCIAL GROUP INC/RI Institution	$452.1K 70.1K shares
FULLER & THALER ASSET MANAGEMENT, INC. Long Only Manager	$335.0K 51.9K shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	$136.1K 21.1K shares

Exited Positions

Institution	Previous Position
Woodline Partners LP Hedge Fund•Long/Short	$29.5M 2.5M shares
F FRED ALGER MANAGEMENT INC Long Only Manager	$21.7M 1.9M shares
EMERALD MUTUAL FUND ADVISERS TRUST Long Only Manager	$8.5M 731.6K shares
Hodges Capital Management Inc. Long Only Manager	$8.2M 702.6K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$7.9M 677.2K shares
Pier Capital, LLC Long Only Manager	$7.7M 662.3K shares
F First Eagle Investment Management, LLC Long Only Manager	$6.7M 577.9K shares
Allspring Global Investments Holdings, LLC Long Only Manager	$6.5M 560.1K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$5.3M 450.5K shares
LEUCADIA NATIONAL CORP Institution	$4.7M 400.0K shares

Options Activity

Institutions with the largest Call and Put options positions in PTLO as of Q3 2025

Call Positions: 7
Call Value: $6.7M
Put Positions: 8
Put Value: $13.5M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$2.1M 3.3K contracts
W WOLVERINE TRADING, LLC Institution	$1.7M 2.7K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.2M 1.9K contracts
P PEAK6 LLC Institution	$1.2M 1.8K contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$253.5K 393.0 contracts
J JANE STREET GROUP, LLC Institution	$155.4K 241.0 contracts
Walleye Trading LLC RIA/Wealth	$65.8K 102.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$4.9M 7.6K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$4.6M 7.1K contracts
W WOLVERINE TRADING, LLC Institution	$1.8M 2.8K contracts
Caption Management, LLC Hedge Fund•Long/Short	$1.3M 2.0K contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$461.8K 716.0 contracts
J JANE STREET GROUP, LLC Institution	$275.4K 427.0 contracts
Walleye Trading LLC RIA/Wealth	$105.1K 163.0 contracts
GOLDMAN SACHS GROUP INC Institution	- - contracts

Most Committed Institutions

Institutions with PTLO as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Berkshire Partners LLC Private Equity	Blake Lanier Gottesman Managing Partner	100.00% $6.7M	1.45% 1.0M shares	Q4 2021 Held for 3y 11m	$6.7M
E Engaged Capital LLC Hedge Fund•Activist	Glenn William Welling CIO	8.02% $32.7M	7.05% 5.1M shares	Q1 2024 Held for 1y 8m	$407.6M
CenterStar Asset Management, LLC Hedge Fund•Multi-Strategy	Michelin Aldridge Sloneker COO	2.02% $1.1M	0.23% 165.0K shares	Q4 2022 Held for 2y 11m	$52.6M
Zuckerman Investment Group, LLC RIA/Wealth	Daniel Ross Zuckerman CEO	1.11% $11.9M	2.57% 1.8M shares	Q4 2022 Held for 2y 11m	$1.1B
C COOPER INVESTORS PTY LTD Institution	-	0.56% $2.0M	0.43% 311.6K shares	Q4 2024 Held for 11 months	$362.0M
Lakewood Asset Management LLC RIA/Wealth	Todd J Mick CCO	0.54% $884.1K	0.19% 137.1K shares	Q4 2022 Held for 2y 11m	$163.0M
4WEALTH ADVISORS, INC. RIA/Wealth	Peter Dominic Recchia President	0.51% $547.4K	0.12% 84.9K shares	Q4 2024 Held for 11 months	$108.2M
M Miller Financial Services LLC RIA/Wealth	Joseph Patrick Miller President	0.40% $344.3K	0.07% 53.4K shares	Q4 2024 Held for 11 months	$85.9M
Blueshift Asset Management, LLC Hedge Fund•Quant	Mani Sabet Mahjouri CEO	0.39% $1.3M	0.27% 197.6K shares	Q3 2025 Held for 2 months	$325.8M
O Orbis Allan Gray Ltd RIA/Wealth	Don Lynn Ray Managing Partner	0.19% $44.1M	9.51% 6.8M shares	Q3 2022 Held for 3y 2m	$23.3B

Hedge Fund Spotlight

Discover hedge funds investing in PTLO

RENAISSANCE TECHNOLOGIES LLC

Hedge Fund • Quant

Portfolio ManagerPeter Fitzhugh Brown

Portfolio Value: $75.8B
Positions: 3,419
Last Reported: Q3 2025

Sector Allocation

Position in Portillo's Inc.

Market Value: $3.3M
Shares Held: 516.1K
Portfolio Weight: 0.00%
Owned Since: 2024-Q4

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