PORTILLOS INC PTLO
COM CL A · Common Stock · CUSIP 73642K106
- SectorConsumer discretionary
- IndustryRetail-Eating Places
- HeadquartersOak Brook, IL
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($102.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $9.55. Options: 13 managers hold calls ($6.4m notional), 11 hold puts ($10.5m).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 151 |
| Q4 2022 | 171 |
| Q1 2023 | 185 |
| Q2 2023 | 187 |
| Q3 2023 | 175 |
| Q4 2023 | 183 |
| Q1 2024 | 196 |
| Q2 2024 | 179 |
| Q3 2024 | 179 |
| Q4 2024 | 190 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 120 | 56 |
| Q2 2023 | 102 | 60 |
| Q3 2023 | 85 | 75 |
| Q4 2023 | 84 | 75 |
| Q1 2024 | 108 | 70 |
| Q2 2024 | 100 | 92 |
| Q3 2024 | 96 | 64 |
| Q4 2024 | 96 | 84 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $11.6m | $6.3m | 0.55 |
| Q2 2024 | $6.2m | $10.0m | 1.60 |
| Q3 2024 | $14.1m | $15.4m | 1.09 |
| Q4 2024 | $6.4m | $10.5m | 1.64 |
Biggest buyers
| UBS Group AG | Added | +1.5m |
| Hodges Capital Management Inc. | Added | +737.0k |
| DIMENSIONAL FUND ADVISORS LP | Added | +641.3k |
| BAMCO INC /NY/ | New | +436.7k |
| GOLDMAN SACHS GROUP INC | Added | +334.6k |
| BlackRock, Inc. | Added | +288.3k |
| Chicago Partners Investment Group LLC | New | +281.5k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | New | +279.0k |
| First Eagle Investment Management, LLC | New | +274.2k |
| MORGAN STANLEY | Added | +238.6k |
Biggest sellers
| PRINCIPAL FINANCIAL GROUP INC | Sold out | -1.8m |
| MILLENNIUM MANAGEMENT LLC | Sold out | -1.5m |
| Granahan Investment Management, LLC | Reduced | -739.4k |
| SIRIOS CAPITAL MANAGEMENT L P | Sold out | -594.3k |
| BLAIR WILLIAM & CO/IL | Reduced | -442.8k |
| FEDERATED HERMES, INC. | Sold out | -400.0k |
| CITADEL ADVISORS LLC | Reduced | -263.0k |
| Allspring Global Investments Holdings, LLC | Sold out | -235.0k |
| EMERALD MUTUAL FUND ADVISERS TRUST | Reduced | -167.9k |
| Verition Fund Management LLC | Sold out | -77.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.3m134.3k shares |
| CITADEL ADVISORS LLC | Reduced | $1.0m108.7k shares |
| IMC-Chicago, LLC | Added | $1.0m108.1k shares |
| Walleye Capital LLC | Reduced | $909.0k96.7k shares |
| WOLVERINE TRADING, LLC | Reduced | $644.3k70.8k shares |
| PEAK6 LLC | First filing | $429.6k45.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $372.0k39.6k shares |
| JANE STREET GROUP, LLC | Added | $296.1k31.5k shares |
| GROUP ONE TRADING LLC | Reduced | $216.2k23.0k shares |
| Walleye Trading LLC | New | $129.7k13.8k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $3.9m416.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.5m268.2k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.2m129.8k shares |
| IMC-Chicago, LLC | Added | $1.0m108.5k shares |
| Walleye Capital LLC | Reduced | $563.1k59.9k shares |
| JANE STREET GROUP, LLC | Added | $470.9k50.1k shares |
| Squarepoint Ops LLC | New | $433.3k46.1k shares |
| SIMPLEX TRADING, LLC | Added | $282.0k30.1k shares |
| GROUP ONE TRADING LLC | Reduced | $99.6k10.6k shares |
| PEAK6 LLC | First filing | $2.8k300 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| ORBIS INVESTMENT MANAGEMENT LTD 13G · institution -4.1 pts · filed 2026-08-14 | 5.7% |
| Berkshire Partners Holdings LLC 13G · exempt (held before listing) filed 2025-08-13 | 5.2% |
Fell to 5% or below in the last year: ALLIANCEBERNSTEIN L.P. (0.1%, 2026-08-14), VANGUARD GROUP INC (0.0%, 2026-03-27), AMERIPRISE FINANCIAL INC (2.7%, 2025-11-14)
Insider purchases and sales in Q4 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2023 | 0 | — | 1 | $353.7k | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 2 | $611.6k | $611.6k |
| Q1 2024 | 0 | — | 1 | $27.3k | $27.3k |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 2 | $1.8m | — |
| Q4 2024 | 0 | — | 0 | — | — |
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| Engaged Capital LLC 11.82% of their portfolio | 6.1m $57.5m | Unchanged |
| Orbis Allan Gray Ltd 0.29% of their portfolio | 5.7m $53.9m | Added +6.7k |
| VANGUARD GROUP INC 0.00% of their portfolio | 5.6m $52.4m | Added +97.8k |
| BlackRock, Inc. 0.00% of their portfolio | 4.4m $41.2m | Added +288.3k |
| Berkshire Partners LLC 100.00% of their portfolio | 3.8m $35.3m | Unchanged |
| UBS Group AG 0.01% of their portfolio | 2.4m $22.5m | Added +1.5m |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 2.2m $20.9m | Reduced -28.1k |
| Zuckerman Investment Group, LLC 2.56% of their portfolio | 1.9m $26.7m | Added +125.1k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 1.8m $16.5m | Added +132.1k |
| Hodges Capital Management Inc. 0.95% of their portfolio | 1.7m $15.5m | Added +737.0k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 1.3m $12.2m | Added +9.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.3m $12.1m | Added +12.4k |
| EMERALD ADVISERS, LLC 0.45% of their portfolio | 1.2m $11.7m | Reduced -29.5k |
| BLAIR WILLIAM & CO/IL 0.03% of their portfolio | 1.2m $11.5m | Reduced -442.8k |
| MORGAN STANLEY 0.00% of their portfolio | 1.2m $10.9m | Added +238.6k |
| STATE STREET CORP 0.00% of their portfolio | 1.1m $10.8m | Added +59.1k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.1m $10.4m | Added +641.3k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 852.0k $8.0m | Reduced -263.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 816.5k $7.7m | Added +334.6k |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.42% of their portfolio | 731.6k $6.9m | Reduced -167.9k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.13% of their portfolio | 710.9k $6.7m | Reduced -4.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 502.5k $4.7m | Added +32.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 462.3k $4.3m | Added +3.8k |
| BAMCO INC /NY/ 0.01% of their portfolio | 436.7k $4.1m | New |
| Woodline Partners LP 0.02% of their portfolio | 379.7k $3.6m | Added +198.8k |
| Granahan Investment Management, LLC 0.15% of their portfolio | 372.7k $3.5m | Reduced -739.4k |
| Trexquant Investment LP 0.04% of their portfolio | 363.4k $3.4m | Added +89.4k |
| Chicago Partners Investment Group LLC 0.09% of their portfolio | 281.5k $2.6m | New |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.28% of their portfolio | 279.0k $2.6m | New |
| First Eagle Investment Management, LLC 0.01% of their portfolio | 274.2k $2.6m | New |
| COOPER INVESTORS PTY LTD 0.34% of their portfolio | 232.2k $2.2m | New |
| RICE HALL JAMES & ASSOCIATES, LLC 0.11% of their portfolio | 207.1k $1.9m | Reduced -833 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 202.8k $1.9m | Added +27.1k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 194.4k $1.8m | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 187.4k $1.8m | Added +20.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 185.0k $1.7m | Added +10.2k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 181.9k $1.7m | Reduced -17.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 154.9k $1.5m | Added +56.9k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 141.6k $1.3m | First filing |
| Select Equity Group, L.P. 0.01% of their portfolio | 138.2k $1.3m | Added +22.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 131.8k $1.2m | Added +15.9k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 123.2k $1.2m | Unchanged |
| 1492 Capital Management LLC 0.47% of their portfolio | 104.8k $985.0k | New |
| Lakewood Asset Management LLC 0.68% of their portfolio | 104.6k $983.6k | Added +2.3k |
| BARCLAYS PLC 0.00% of their portfolio | 98.9k $929.8k | Reduced -18.5k |
| Swiss National Bank 0.00% of their portfolio | 97.3k $914.6k | Reduced -11.0k |
| Graham Capital Management, L.P. 0.03% of their portfolio | 91.7k $862.0k | New |
| MONIMUS CAPITAL MANAGEMENT, LP 0.80% of their portfolio | 90.3k $848.7k | First filing |
| GSA CAPITAL PARTNERS LLP 0.06% of their portfolio | 89.0k $836.0k | Reduced -6.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 86.3k $811.0k | Added +10.7k |
| IMC-Chicago, LLC 0.02% of their portfolio | 85.4k $802.7k | New |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 83.6k $785.9k | Added +4.8k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 80.9k $760.1k | Added +2.7k |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 74.0k $696.0k | New |
| SOROS CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 73.5k $690.4k | Added +24.4k |
| Blueshift Asset Management, LLC 0.24% of their portfolio | 68.9k $647.9k | New |
| Divisadero Street Capital Management, LP 0.08% of their portfolio | 67.3k $632.3k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 64.1k $602.5k | Added +13.3k |
| EntryPoint Capital, LLC 0.25% of their portfolio | 62.2k $585.0k | New |
| LPL Financial LLC 0.00% of their portfolio | 60.8k $571.9k | Reduced -6.0k |
| CenterStar Asset Management, LLC 1.25% of their portfolio | 60.5k $568.1k | Added +47.0k |
| Miller Financial Services LLC 0.47% of their portfolio | 59.1k $555.8k | First filing |
| Invesco Ltd. 0.00% of their portfolio | 58.6k $551.3k | Added +291 |
| Legal & General Group Plc 0.00% of their portfolio | 55.9k $525.8k | Unchanged |
| WOLVERINE TRADING, LLC 0.01% of their portfolio | 51.8k $471.7k | Added +35.5k |
| Dynamic Technology Lab Private Ltd 0.08% of their portfolio | 50.9k $478.0k | New |
| CITIGROUP INC 0.00% of their portfolio | 50.0k $470.1k | Added +6.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 47.6k $447.4k | New |
| Walleye Capital LLC 0.00% of their portfolio | 47.3k $444.7k | Reduced -22.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 46.5k $437.5k | Reduced -5.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 46.2k $434.1k | Reduced -47.6k |
| FOX RUN MANAGEMENT, L.L.C. 0.08% of their portfolio | 45.5k $427.6k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 44.7k $420.5k | Added +13.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 44.7k $420.4k | Reduced -5.5k |
| First Dallas Securities Inc. 0.17% of their portfolio | 43.2k $407.0k | Added +21.0k |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 43.1k $405.1k | Added +30.0k |
| Mesirow Financial Investment Management, Inc. 0.01% of their portfolio | 43.0k $404.5k | Added +2.0k |
| SHERBROOKE PARK ADVISERS LLC 0.13% of their portfolio | 43.0k $404.3k | New |
| FORMULA GROWTH LTD 0.14% of their portfolio | 43.0k $404.2k | Reduced -25.0k |
| SG Americas Securities, LLC 0.00% of their portfolio | 42.0k $395.0k | New |
| HighPoint Advisor Group LLC 0.03% of their portfolio | 36.9k $553.2k | Reduced -17.5k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 36.5k $343.6k | Added +4.7k |
| TWINBEECH CAPITAL LP 0.01% of their portfolio | 35.5k $334.0k | Reduced -20.2k |
| Marathon Partners Equity Management, LLC 0.32% of their portfolio | 35.0k $329.0k | First filing |
| Corient Private Wealth LP 0.00% of their portfolio | 33.8k $56.8k | Added +11.4k |
| Bridgefront Capital, LLC 0.10% of their portfolio | 33.0k $310.0k | New |
| DRW Securities, LLC 0.02% of their portfolio | 31.9k $300.3k | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 30.7k $289.0k | Added +1.2k |
| 4WEALTH ADVISORS, INC. 0.29% of their portfolio | 29.8k $279.6k | First filing |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 28.5k $268.0k | Added +15.0k |
| TFB Advisors LLC 0.07% of their portfolio | 27.5k $258.5k | Reduced -85 |
| Corebridge Financial, Inc. 0.00% of their portfolio | 26.9k $252.4k | Reduced -2.0k |
| Capstone Financial Advisors, Inc. 0.01% of their portfolio | 25.7k $241.8k | Reduced -5.7k |
| Brevan Howard Capital Management LP 0.01% of their portfolio | 25.6k $240.7k | New |
| BANK OF NOVA SCOTIA 0.00% of their portfolio | 25.0k $235.0k | New |
| XTX Topco Ltd 0.02% of their portfolio | 24.9k $234.4k | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 20.6k $194.0k | Added +3.1k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 20.5k $192.4k | Unchanged |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 20.4k $192.0k | Reduced -18.5k |
| Olympiad Research LP 0.20% of their portfolio | 20.3k $191.0k | New |