Who owns El Pollo Loco Holdings (LOCO)
Which tracked institutional funds hold LOCO, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See LOCO company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on LOCO is one-sided between 2026-Q1 and 2026-Q2: 50 added or opened and 12 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
LOCO’s largest tracked holder by dollar value, BIGLARI CAPITAL CORP., sizes it at 5.4% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 5.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in LOCO divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 144 tracked filers holding LOCO, 86 increased or opened the position and 57 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in LOCO between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 6
- Qube Research & Technologies Ltd$5M
- NORGES BANK$2M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$2M
- Aristides Capital LLC$1M
- TUDOR INVESTMENT CORP ET AL$1M
- Grantham, Mayo, Van Otterloo & Co. LLC$905K
Full exits 8
- LSV ASSET MANAGEMENT$20M
- Tieton Capital Management, LLC$15M
- Fund 1 Investments, LLC$6M
- BALYASNY ASSET MANAGEMENT L.P.$1M
- BNP PARIBAS ASSET MANAGEMENT Holding S.A.$1M
- Janney Montgomery Scott LLC$971K
Largest adds
- BlackRock, Inc.$10M
- First Eagle Investment Management, LLC$9M
- BIGLARI CAPITAL CORP.$9M
- DIMENSIONAL FUND ADVISORS LP$7M
- TWO SIGMA INVESTMENTS, LP$6M
- GOLDMAN SACHS GROUP INC$6M
Largest trims
- MARSHALL WACE, LLP$5M
- SEI INVESTMENTS CO$4M
- JANE STREET GROUP, LLC$3M
- HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC$984K
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BIGLARI CAPITAL CORP. trimmed | 3,777,400 | $64M | 14.7% | 2026-Q2 |
| BlackRock, Inc. added | 2,459,692 | $42M | 9.5% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 2,049,479 | $35M | 8.0% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 1,256,043 | $21M | 4.9% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 1,108,984 | $19M | 4.3% | 2026-Q2 |
| First Eagle Investment Management, LLC added | 995,799 | $17M | 3.9% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 906,685 | $15M | 3.5% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 887,623 | $15M | 3.4% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 729,890 | $12M | 2.8% | 2026-Q2 |
| Hillsdale Investment Management Inc. added | 656,096 | $11M | 2.5% | 2026-Q2 |
| STATE STREET CORP added | 628,223 | $11M | 2.4% | 2026-Q2 |
| BIGLARI, SARDAR | 489,247 | $8M | 1.9% | 2026-Q2 |
| MONIMUS CAPITAL MANAGEMENT, LP added | 455,982 | $8M | 1.8% | 2026-Q2 |
| PRUDENTIAL FINANCIAL INC trimmed | 449,926 | $8M | 1.7% | 2026-Q2 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC added | 428,716 | $7M | 1.7% | 2026-Q2 |
| Archon Capital Management LLC added | 420,690 | $7M | 1.6% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 418,400 | $7M | 1.6% | 2026-Q2 |
| Divisadero Street Capital Management, LP trimmed | 409,925 | $7M | 1.6% | 2026-Q2 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC trimmed | 371,373 | $6M | 1.4% | 2026-Q2 |
| Rodgers Brothers Inc. trimmed | 352,300 | $6M | 1.4% | 2026-Q2 |
| UBS Group AG added | 336,592 | $6M | 1.3% | 2026-Q2 |
| MORGAN STANLEY added | 316,183 | $5M | 1.2% | 2026-Q2 |
| Assenagon Asset Management S.A. added | 301,505 | $5M | 1.2% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 296,440 | $5M | 1.2% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 295,789 | $5M | 1.1% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 287,556 | $5M | 1.1% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 286,840 | $5M | 1.1% | 2026-Q2 |
| Empowered Funds, LLC trimmed | 246,867 | $4M | 1.0% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 223,097 | $4M | 0.9% | 2026-Q2 |
| NORTHERN TRUST CORP added | 222,005 | $4M | 0.9% | 2026-Q2 |
| Trexquant Investment LP added | 218,709 | $4M | 0.8% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 174,929 | $3M | 0.7% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 150,358 | $3M | 0.6% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 146,788 | $2M | 0.6% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 143,683 | $2M | 0.6% | 2026-Q2 |
| Creative Planning added | 138,480 | $2M | 0.5% | 2026-Q2 |
| Universal- Beteiligungs- und Servicegesellschaft mbH added | 132,345 | $2M | 0.5% | 2026-Q2 |
| LAZARD ASSET MANAGEMENT LLC added | 114,905 | $2M | 0.4% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 113,266 | $2M | 0.4% | 2026-Q2 |
| Bank of New York Mellon Corp added | 108,527 | $2M | 0.4% | 2026-Q2 |
| NORGES BANK new | 106,200 | $2M | 0.4% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 94,617 | $2M | 0.4% | 2026-Q2 |
| Quantinno Capital Management LP added | 85,343 | $1M | 0.3% | 2026-Q2 |
| Informed Momentum Co LLC trimmed | 80,170 | $1M | 0.3% | 2026-Q2 |
| Aristides Capital LLC new | 79,833 | $1M | 0.3% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 76,869 | $1M | 0.3% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL new | 73,215 | $1M | 0.3% | 2026-Q2 |
| Boston Partners added | 72,405 | $1M | 0.3% | 2026-Q2 |
| SummerHaven Investment Management, LLC | 69,741 | $1M | 0.3% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 69,400 | $1M | 0.3% | 2026-Q2 |
| Point72 Asset Management, L.P. trimmed | 65,345 | $1M | 0.3% | 2026-Q2 |
| Campbell & CO Investment Adviser LLC trimmed | 62,733 | $1M | 0.2% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 61,299 | $1M | 0.2% | 2026-Q2 |
| Sanctuary Advisors, LLC trimmed | 56,039 | $950K | 0.2% | 2026-Q2 |
| Invesco Ltd. added | 55,912 | $948K | 0.2% | 2026-Q2 |
| GABELLI FUNDS LLC added | 55,000 | $933K | 0.2% | 2026-Q2 |
| Grantham, Mayo, Van Otterloo & Co. LLC new | 53,362 | $905K | 0.2% | 2026-Q2 |
| Nuveen, LLC added | 51,890 | $880K | 0.2% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 51,224 | $869K | 0.2% | 2026-Q2 |
| POLEN CAPITAL MANAGEMENT LLC added | 46,419 | $787K | 0.2% | 2026-Q2 |
| BARCLAYS PLC trimmed | 40,225 | $682K | 0.2% | 2026-Q2 |
| FULLER & THALER ASSET MANAGEMENT, INC. trimmed | 38,594 | $655K | 0.1% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD added | 38,344 | $650K | 0.1% | 2026-Q2 |
| OCCUDO QUANTITATIVE STRATEGIES LP added | 37,331 | $633K | 0.1% | 2026-Q2 |
| RHUMBLINE ADVISERS added | 35,537 | $603K | 0.1% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 34,751 | $589K | 0.1% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 34,430 | $477K | 0.1% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 32,700 | $555K | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 32,533 | $552K | 0.1% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 32,122 | $545K | 0.1% | 2026-Q2 |
| State of Wyoming added | 29,200 | $495K | 0.1% | 2026-Q2 |
| Headlands Technologies LLC new | 28,665 | $486K | 0.1% | 2026-Q2 |
| Watershed Asset Management, L.L.C. trimmed | 28,598 | $485K | 0.1% | 2026-Q2 |
| FEDERATED HERMES, INC. trimmed | 27,276 | $463K | 0.1% | 2026-Q2 |
| ALGERT GLOBAL LLC added | 27,100 | $460K | 0.1% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 27,066 | $459K | 0.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 23,655 | $402K | 0.1% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. added | 23,596 | $400K | 0.1% | 2026-Q2 |
| BAILARD, INC. added | 20,500 | $348K | 0.1% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC added | 20,130 | $341K | 0.1% | 2026-Q2 |
| Squarepoint Ops LLC added | 18,927 | $321K | 0.1% | 2026-Q2 |
| ExodusPoint Capital Management, LP trimmed | 17,901 | $304K | 0.1% | 2026-Q2 |
| XTX Topco Ltd added | 17,764 | $301K | 0.1% | 2026-Q2 |
| FRANKLIN RESOURCES INC | 17,740 | $301K | 0.1% | 2026-Q2 |
| Focus Partners Wealth added | 17,137 | $291K | 0.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 16,899 | $287K | 0.1% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 16,061 | $272K | 0.1% | 2026-Q2 |
| MetLife Investment Management, LLC added | 15,923 | $270K | 0.1% | 2026-Q2 |
| CITIGROUP INC added | 15,729 | $267K | 0.1% | 2026-Q2 |
| Semanteon Capital Management, LP added | 15,319 | $260K | 0.1% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 15,000 | $254K | 0.1% | 2026-Q2 |
| Man Group plc added | 14,932 | $253K | 0.1% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed | 13,265 | $225K | 0.1% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 12,003 | $198K | 0.0% | 2026-Q2 |
| HSBC HOLDINGS PLC trimmed | 11,882 | $200K | 0.0% | 2026-Q2 |
| LEVEL FOUR ADVISORY SERVICES, LLC trimmed | 11,704 | $198K | 0.0% | 2026-Q2 |
| EVERGREEN CAPITAL MANAGEMENT LLC | 11,011 | $187K | 0.0% | 2026-Q2 |
| Vanguard Global Advisers, LLC trimmed | 10,951 | $186K | 0.0% | 2026-Q2 |
| Quinn Opportunity Partners LLC | 10,000 | $170K | 0.0% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND added | 9,635 | $163K | 0.0% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.