Who owns Portillo's (PTLO)
Which tracked institutional funds hold PTLO, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PTLO 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
12 tracked funds added or opened PTLO while 27 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
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
PTLO’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes PTLO more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in PTLO 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 168 tracked filers holding PTLO, 87 increased or opened the position and 91 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
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 PTLO 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 3
- Jump Financial, LLC$2M
- TUDOR INVESTMENT CORP ET AL$1M
- ExodusPoint Capital Management, LP$534K
Full exits 5
- FRANKLIN RESOURCES INC$4M
- NOMURA HOLDINGS INC$2M
- JANE STREET GROUP, LLC$2M
- GSA CAPITAL PARTNERS LLP$1M
- Miller Value Partners, LLC$684K
Largest adds
- CITADEL ADVISORS LLC$12M
- AQR CAPITAL MANAGEMENT LLC$4M
- MILLENNIUM MANAGEMENT LLC$3M
- MARSHALL WACE, LLP$2M
- GOLDMAN SACHS GROUP INC$2M
- Corient Private Wealth LP$1M
Largest trims
- ALLIANCEBERNSTEIN L.P.$23M
- Orbis Allan Gray Ltd$18M
- Select Equity Group, L.P.$5M
- BALYASNY ASSET MANAGEMENT L.P.$4M
- DIMENSIONAL FUND ADVISORS LP$4M
- BlackRock, Inc.$4M
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 |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 4,907,534 | $23M | 10.9% | 2026-Q2 |
| Orbis Allan Gray Ltd trimmed | 4,171,276 | $20M | 9.3% | 2026-Q2 |
| Engaged Capital LLC | 3,442,990 | $16M | 7.7% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 3,150,113 | $15M | 7.0% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 3,065,726 | $15M | 6.8% | 2026-Q2 |
| MARSHALL WACE, LLP added | 2,341,610 | $11M | 5.2% | 2026-Q2 |
| Zuckerman Investment Group, LLC trimmed | 2,049,697 | $10M | 4.6% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,814,316 | $9M | 4.0% | 2026-Q2 |
| STATE STREET CORP added | 1,454,163 | $7M | 3.2% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 1,421,040 | $7M | 3.2% | 2026-Q2 |
| BLAIR WILLIAM & CO/IL added | 1,242,512 | $6M | 2.8% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 1,229,588 | $6M | 2.7% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 1,079,932 | $5M | 2.4% | 2026-Q2 |
| Berkshire Partners LLC | 1,045,630 | $5M | 2.3% | 2026-Q2 |
| MORGAN STANLEY added | 736,160 | $3M | 1.6% | 2026-Q2 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added | 734,340 | $3M | 1.6% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 705,095 | $3M | 1.6% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 636,666 | $3M | 1.4% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 635,068 | $3M | 1.4% | 2026-Q2 |
| NORTHERN TRUST CORP added | 552,977 | $3M | 1.2% | 2026-Q2 |
| Southeast Asset Advisors, LLC added | 486,415 | $2M | 1.1% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 476,440 | $2M | 1.1% | 2026-Q2 |
| Jump Financial, LLC new | 471,130 | $2M | 1.0% | 2026-Q2 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC trimmed | 443,310 | $2M | 1.0% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 397,885 | $2M | 0.9% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 326,537 | $2M | 0.7% | 2026-Q2 |
| Quantinno Capital Management LP added | 311,049 | $1M | 0.7% | 2026-Q2 |
| Invesco Ltd. trimmed | 276,763 | $1M | 0.6% | 2026-Q2 |
| Empowered Funds, LLC added | 270,110 | $1M | 0.6% | 2026-Q2 |
| Corient Private Wealth LP added | 268,020 | $1M | 0.6% | 2026-Q2 |
| Chicago Partners Investment Group LLC | 263,381 | $1M | 0.5% | 2026-Q2 |
| IMC-Chicago, LLC added | 244,875 | $1M | 0.5% | 2026-Q2 |
| FIRST TRUST ADVISORS LP added | 240,222 | $1M | 0.5% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL trimmed | 239,582 | $1M | 0.5% | 2026-Q2 |
| Bank of New York Mellon Corp added | 196,366 | $931K | 0.4% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC added | 186,500 | $884K | 0.4% | 2026-Q2 |
| UBS Group AG trimmed | 183,033 | $868K | 0.4% | 2026-Q2 |
| Nuveen, LLC added | 175,322 | $831K | 0.4% | 2026-Q2 |
| Select Equity Group, L.P. trimmed | 140,035 | $664K | 0.3% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 133,339 | $632K | 0.3% | 2026-Q2 |
| Squarepoint Ops LLC added | 131,888 | $625K | 0.3% | 2026-Q2 |
| ExodusPoint Capital Management, LP added | 112,637 | $534K | 0.3% | 2026-Q2 |
| Lakewood Asset Management LLC added | 108,271 | $513K | 0.2% | 2026-Q2 |
| LPL Financial LLC added | 101,045 | $479K | 0.2% | 2026-Q2 |
| Point72 Asset Management, L.P. trimmed | 99,887 | $473K | 0.2% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 99,408 | $471K | 0.2% | 2026-Q2 |
| CITIGROUP INC trimmed | 91,086 | $432K | 0.2% | 2026-Q2 |
| 4WEALTH ADVISORS, INC. added | 85,831 | $408K | 0.2% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 85,342 | $405K | 0.2% | 2026-Q2 |
| RHUMBLINE ADVISERS added | 82,477 | $391K | 0.2% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 82,468 | $391K | 0.2% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 82,132 | $389K | 0.2% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 79,969 | $379K | 0.2% | 2026-Q2 |
| Capstone Financial Advisors, Inc. added | 78,745 | $373K | 0.2% | 2026-Q2 |
| Atom Investors LP added | 74,732 | $354K | 0.2% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 65,667 | $311K | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 64,055 | $304K | 0.1% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 63,390 | $335K | 0.2% | 2026-Q2 |
| Cerity Partners LLC added | 54,014 | $256K | 0.1% | 2026-Q2 |
| GROUP ONE TRADING LLC trimmed | 53,377 | $253K | 0.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 51,520 | $245K | 0.1% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 50,522 | $239K | 0.1% | 2026-Q2 |
| Creative Planning trimmed | 47,770 | $226K | 0.1% | 2026-Q2 |
| Susquehanna Portfolio Strategies, LLC added | 46,773 | $222K | 0.1% | 2026-Q2 |
| MetLife Investment Management, LLC added | 43,781 | $208K | 0.1% | 2026-Q2 |
| Centiva Capital, LP trimmed | 41,036 | $195K | 0.1% | 2026-Q2 |
| FIFTH THIRD BANCORP trimmed | 40,076 | $190K | 0.1% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 40,058 | $184K | 0.1% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 36,556 | $173K | 0.1% | 2026-Q2 |
| SIMPLEX TRADING, LLC trimmed | 35,758 | $169K | 0.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 35,029 | $166K | 0.1% | 2026-Q2 |
| XTX Topco Ltd added | 34,752 | $165K | 0.1% | 2026-Q2 |
| IEQ CAPITAL, LLC added | 32,914 | $156K | 0.1% | 2026-Q2 |
| Engineers Gate Manager LP trimmed | 32,796 | $155K | 0.1% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 32,710 | $155K | 0.1% | 2026-Q2 |
| Vanguard Global Advisers, LLC | 31,775 | $151K | 0.1% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed | 30,989 | $147K | 0.1% | 2026-Q2 |
| CenterStar Asset Management, LLC trimmed | 29,018 | $137K | 0.1% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. trimmed | 23,100 | $109K | 0.1% | 2026-Q2 |
| Indivisible Partners new | 20,197 | $96K | 0.0% | 2026-Q2 |
| &PARTNERS added | 18,847 | $89K | 0.0% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 18,271 | $87K | 0.0% | 2026-Q2 |
| Walleye Capital LLC added | 18,015 | $85K | 0.0% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 17,368 | $82K | 0.0% | 2026-Q2 |
| Mariner, LLC added | 16,900 | $80K | 0.0% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND | 16,682 | $79K | 0.0% | 2026-Q2 |
| INSIGHT 2811, INC. | 16,073 | $76K | 0.0% | 2026-Q2 |
| Police & Firemen's Retirement System of New Jersey | 16,012 | $76K | 0.0% | 2026-Q2 |
| BENJAMIN EDWARDS INC added | 15,153 | $72K | 0.0% | 2026-Q2 |
| Jain Global LLC new | 14,759 | $70K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 14,741 | $70K | 0.0% | 2026-Q2 |
| ZACKS INVESTMENT MANAGEMENT new | 14,574 | $69K | 0.0% | 2026-Q2 |
| SIG BROKERAGE, LP trimmed | 14,564 | $69K | 0.0% | 2026-Q2 |
| INTECH INVESTMENT MANAGEMENT LLC trimmed | 14,405 | $68K | 0.0% | 2026-Q2 |
| Mesirow Financial Investment Management, Inc. trimmed | 13,860 | $66K | 0.0% | 2026-Q2 |
| VOYA INVESTMENT MANAGEMENT LLC added | 13,106 | $62K | 0.0% | 2026-Q2 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | 12,940 | $61K | 0.0% | 2026-Q2 |
| NFSG Corp added | 12,800 | $61K | 0.0% | 2026-Q2 |
| Savant Capital, LLC added | 12,455 | $63K | 0.0% | 2026-Q2 |
| Aster Capital Management (DIFC) Ltd added | 6,276 | $73K | 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.