SEC 13F Intelligence

Managers / Q4 2021 · view latest →

Engaged Capital LLC

CIK 0001559771 · 610 NEWPORT CENTER DRIVE, SUITE 950, NEWPORT BEACH, CA, 92660 · 949-734-7900

Reported Value
$812M
Q4 2021
Positions
9
Filings on Record
32
2019–present window
Filed
Feb 14, 2022
original filing

Summary

Engaged Capital LLC reported $812M in U.S.-listed holdings across 9 positions for Q4 2021.

The portfolio is heavily concentrated: EVH alone accounts for 26.7% of reported value.

Compared with Q3 2021, the fund opened 2 new positions and exited 2.

Portfolio Metrics

Turnover
+13.7%
vs prior filed quarter
Largest Position
+26.7%
Evolent Health
New / Exited
2 / 2
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $539MQ4 ’18Q1 ’19: $712MQ2 ’19: $822MQ3 ’19: $789MQ4 ’19: $963MQ4 ’19Q1 ’20: $763MQ2 ’20: $928MQ3 ’20: $967MQ4 ’20: $1.2BQ4 ’20Q1 ’21: $1.4BQ2 ’21: $1.3BQ3 ’21: $1.4BQ4 ’21: $812MQ4 ’21Q1 ’22: $1.0BQ2 ’22: $651MQ3 ’22: $506MQ4 ’22: $591MQ4 ’22Q1 ’23: $703MQ2 ’23: $691MQ3 ’23: $549MQ4 ’23: $683MQ4 ’23Q1 ’24: $617MQ2 ’24: $584MQ3 ’24: $617MQ4 ’24: $486MQ4 ’24Q1 ’25: $392MQ2 ’25: $358MQ3 ’25: $408MQ4 ’25: $392MQ4 ’25Q1 ’26: $303Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 99.7%Other: 0.3%
  • Common Stock · 99.7% · $810M
  • Other · 0.3% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SBEASILVERBOX ENGAGED MERGER CONEW+1.43M1.43M+$15M$15M
SILVERBOX ENGAGED MERGER CONEW+1.75M1.75M+$2M$2M
QUOTUSDQUOTIENT TECHNOLOGY INCADDED+5.51M6.11M+$42M$45M
GILGILDAN ACTIVEWEAR INCSOLD OUT−1.54M0−$56M$0
ISHARES TRSOLD OUT−13.4K0−$3M$0
HAINHAIN CELESTIAL GROUP INCTRIMMED−14.13M1.87M−$605M$80M
VYXNCR CORP NEWADDED+710.6K2.40M+$31M$97M
EVHEVOLENT HEALTH INCHELD−63.5K7.83M−$28M$217M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2021

8 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1EVHEVOLENT HEALTH INChistory →CL A26.68%$217M7.83M
2NEWREURNEW RELIC INChistory →COM21.61%$175M1.60M
3UPBDRENT A CTR INC NEWhistory →COM13.94%$113M2.36M
4VYXNCR CORP NEWhistory →COM11.89%$97M2.40M
5HAINHAIN CELESTIAL GROUP INChistory →COM9.80%$80M1.87M
6STKLSUNOPTA INChistory →COM8.41%$68M9.83M
7QUOTUSDQUOTIENT TECHNOLOGY INChistory →COM5.58%$45M6.11M
8SBEASILVERBOX ENGAGED MERGER COCOM CL A · *W EXP 06/02/2022.10%$17M3.19M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$303M8May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$392M9Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$408M9Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$358M7Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$392M9May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$486M8Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$617M9Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$584M12Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$617M11May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$683M9Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$549M7Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$691M8Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$703M10May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$591M9Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$506M9Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$651M7Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022REVEALED$1.0B9May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$812M9Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.4B9Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.3B9Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.4B9May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.2B9Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$967M10Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$928M10Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$763M8May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$963M8Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019REVEALED$789M8Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$822M9Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$712M12May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$539M15Feb 14, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 2 additional managers.

  • Engaged Capital Holdings, LLC028-16008
  • Welling Glenn W.028-16006

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.