PTLONasdaqRetail-Eating PlacesFiscal year ends December 27
Portillo's Inc.
Financials through Q2 FY2026, quarter ended Jun 28, 2026Last filing: 10-Q on Aug 5, 2026
$4.64−0.02 (-0.43%)
Close on Oct 19, 2026
- Market cap
- $339.51M
- P/E (TTM)
- 25.8
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
59.6%
45M of 76M shares
Institutional holders
171
22 new, 33 sold out
Net institutional buying
-6M
In Q2 2026
Insider trades, 12 months
3 buys · 0 sales
Net bought $2.08M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Welling Glenn W. | 5,069,301 | 7.00% | 13D (active) amendment | Sep 11, 2025 |
| Orbis Investment Management Ltd | 4,115,801 | 5.70% | 13G (passive) amendment | Jun 30, 2026 |
| Berkshire Partners Holdings LLC | 3,859,067 | 5.20% | 13G (passive) amendment | Jun 30, 2025 |
| BlackRock, Inc. | 3,427,304 | 6.20% | 13G (passive) | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of PTLO | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 4,907,534 | 6.46% | $23.26M | −210,200 | 0.00% |
| Orbis Allan Gray Ltd | 4,171,276 | 5.49% | $19.77M | −2,896,948 | 0.07% |
| Engaged Capital LLC | 3,442,990 | 4.53% | $16.32M | – | 4.99% |
| Citadel Advisors LLC | 3,150,113 | 4.15% | $14.93M | +2,597,013 | 0.00% |
| Vanguard Capital Management LLC | 3,065,726 | 4.04% | $14.53M | +26,173 | 0.00% |
| Marshall Wace, Llp | 2,341,610 | 3.08% | $11.10M | +645,050 | 0.01% |
| Zuckerman Investment Group, LLC | 2,049,697 | 2.70% | $9.72M | −12,427 | 0.82% |
| Geode Capital Management, LLC | 1,814,316 | 2.39% | $8.60M | +144,298 | 0.00% |
| State Street Corp | 1,454,163 | 1.91% | $6.89M | +166,617 | 0.00% |
| Goldman Sachs Group Inc | 1,421,040 | 1.87% | $6.74M | +433,889 | 0.00% |
| Blair William & Co/Il | 1,242,512 | 1.64% | $5.89M | +129,590 | 0.02% |
| Millennium Management LLC | 1,229,588 | 1.62% | $5.83M | +608,172 | 0.00% |
| Aqr Capital Management LLC | 1,079,932 | 1.42% | $5.12M | +772,499 | 0.00% |
| Berkshire Partners LLC | 1,045,630 | 1.38% | $4.96M | – | 100.00% |
| Morgan Stanley | 736,160 | 0.97% | $3.49M | +125,169 | 0.00% |
| Hotchkis & Wiley Capital Management LLC | 734,340 | 0.97% | $3.48M | +132,200 | 0.01% |
| Vanguard Portfolio Management LLC | 705,095 | 0.93% | $3.34M | +83,336 | 0.00% |
| Susquehanna International Group, Llp | 636,666 | 0.84% | $3.02M | −157,552 | 0.00% |
| Charles Schwab Investment Management Inc | 635,068 | 0.84% | $3.01M | +4,489 | 0.00% |
| Northern Trust Corp | 552,977 | 0.73% | $2.62M | +31,161 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 171 | 45M | 59.6% | 22 / 63 | 54 / 33 | 8M | 14M |
| Q1 2026 | 186 | 52M | 67.9% | 37 / 57 | 57 / 37 | 12M | 11M |
| Q4 2025 | 190 | 55M | 71.9% | 45 / 63 | 54 / 35 | 10M | 14M |
| Q3 2025 | 184 | 59M | 77.2% | 39 / 62 | 55 / 52 | 8M | 18M |
| Q2 2025 | 198 | 69M | 90.5% | 33 / 71 | 55 / 30 | 13M | 7M |
| Q1 2025 | 196 | 63M | 82.8% | 46 / 64 | 45 / 38 | 16M | 9M |
| Q4 2024 | 190 | 56M | 73.8% | 53 / 54 | 46 / 38 | 8M | 7M |
| Q3 2024 | 178 | 55M | 72.8% | 29 / 69 | 38 / 26 | 14M | 6M |
| Q2 2024 | 178 | 51M | 67.6% | 34 / 70 | 43 / 50 | 7M | 8M |
| Q1 2024 | 195 | 53M | 70.0% | 40 / 69 | 45 / 25 | 12M | 4M |
| Q4 2023 | 182 | 45M | 59.7% | 32 / 59 | 52 / 22 | 7M | 4M |
| Q3 2023 | 173 | 43M | 56.9% | 19 / 66 | 46 / 30 | 4M | 6M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of PTLO | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 2,147,844 | 2.83% | $10.18M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 1,742,064 | 2.29% | $8.26M | 0.01% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 849,831 | 1.12% | $4.03M | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 733,403 | 0.97% | $3.35M | 0.01% | Jul 31, 2026 |
| Goldman Sachs Small Cap Value Insights Fund | 714,254 | 0.94% | $3.26M | 0.25% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 577,507 | 0.76% | $2.74M | 0.02% | Jun 30, 2026 |
| Goldman Sachs Small Cap Equity Insights Fund | 480,132 | 0.63% | $2.19M | 0.22% | Jul 31, 2026 |
| Fidelity Extended Market Index Fund | 382,271 | 0.50% | $1.64M | 0.00% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 342,002 | 0.45% | $1.47M | 0.01% | May 31, 2026 |
| Schwab U.S. Small-Cap ETF | 341,821 | 0.45% | $1.47M | 0.01% | May 31, 2026 |
| EA Bridgeway Omni Small-Cap Value ETF | 270,110 | 0.36% | $1.28M | 0.05% | Jun 30, 2026 |
| Vanguard Consumer Discretionary Index Fund | 242,762 | 0.32% | $1.04M | 0.01% | May 31, 2026 |
| Invesco RAFI US 1500 Small-Mid ETF | 240,998 | 0.32% | $1.10M | 0.04% | Jul 31, 2026 |
| First Trust Dow Jones Select MicroCap Index Fund | 240,222 | 0.32% | $1.14M | 0.43% | Jun 30, 2026 |
| Hotchkis and Wiley Small Cap Diversified Value Fund | 194,600 | 0.26% | $922.40K | 0.10% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Brett Patterson | President & CEO, Director | 340,823 | 0.45% | Apr 16, 2026 |
| Michael Osanloo | President & CEO, Director | 65,317 | 0.09% | Aug 11, 2025 |
| Denise Peggy Lauer | Chief Marketing Officer | 101,240 | 0.13% | Sep 23, 2026 |
| Kevin Kalicak | CFO & Treasurer | 186,651 | 0.25% | Sep 8, 2026 |
| Kelly M. Kaiser | General Counsel and Secretary | 144,920 | 0.19% | Sep 8, 2026 |
| Jill Francine Waite | Chief People Officer | 133,324 | 0.18% | Jun 2, 2026 |
| Keith M. Correia | Chief Information Officer | 87,056 | 0.11% | Jun 2, 2026 |
| Pamela Faye Smith | Interim CFO | – | – | May 27, 2026 |
| Michelle Greig Hook | CFO & Treasurer | 301,322 | 0.40% | May 4, 2026 |
| Tony J. Darden | Chief Operating Officer | 158,501 | 0.21% | Apr 16, 2026 |
| Jennifer Pecoraro-Striepling | Chief Development Officer | 40,760 | 0.05% | Apr 16, 2026 |
| Michael K. Ellis | Chief Development Officer | 45,529 | 0.06% | Nov 3, 2025 |
| Nicholas Anthony Scarpino | Chief Marketing Officer | 25,220 | 0.03% | Dec 10, 2024 |
| Eugene I. Lee Jr | Director | 625,249 | 0.82% | Aug 12, 2026 |
| Ann G. Bordelon | Director | 76,216 | 0.10% | Mar 17, 2026 |
| Gerard Johan Hart | Director | 158,037 | 0.21% | Mar 16, 2026 |
| Michael Miles | Director | 446,917 | 0.59% | Mar 4, 2026 |
| Jack Hartung | Director | 132,628 | 0.17% | Jan 5, 2026 |
| Paulette R. Dodson | Director | 62,806 | 0.08% | Jan 5, 2026 |
| Joshua Adam Lutzker | Director | 1,164,917 | 1.53% | Jan 5, 2026 |
| Noah H. Glass | Director | 63,872 | 0.08% | Jan 5, 2026 |
| Partners LLC Berkshire | Director, 10% owner | 12,359,732 | 16.27% | May 21, 2025 |
| Partners Holdings LLC Berkshire | Director, 10% owner | 5,959,273 | 7.85% | May 21, 2025 |
| Berkshire Fund VIII, L.P. | Director, 10% owner | 12,343,204 | 16.25% | May 21, 2025 |
| Berkshire Fund VIII-A, L.P. | Director, 10% owner | 3,819,215 | 5.03% | May 21, 2025 |
| Berkshire Associates LLC Eighth | Director, 10% owner | – | – | May 21, 2025 |
| Investors IV LLC Berkshire | Director, 10% owner | 6,100,696 | 8.03% | May 21, 2025 |
| Investors III LLC Berkshire | Director, 10% owner | – | – | May 21, 2025 |
| Bpsp, L.P. | Director, 10% owner | 7,809,905 | 10.28% | May 21, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Denise Peggy Lauer Chief Marketing Officer | Sep 22, 2026 | Tax withholding | −6,545 | $3.75 | $24.54K | 101,240 |
| Kelly M. Kaiser General Counsel and Secretary | Sep 5, 2026 | Tax withholding | −437 | $4.42 | $1.93K | 144,920 |
| Eugene I. Lee Jr Director | Aug 12, 2026 | Buy | +65,355 | $4.59 | $299.98K | 551,770 |
| Jill Francine Waite Chief People Officer | May 31, 2026 | Award | +1,146 | $3.86 | $4.42K | 133,324 |
| Jill Francine Waite Chief People Officer | May 31, 2026 | Tax withholding | −33 | $3.86 | $127 | 133,291 |
| Keith M. Correia Chief Information Officer | May 31, 2026 | Award | +73 | $3.86 | $282 | 87,056 |
| Keith M. Correia Chief Information Officer | May 31, 2026 | Tax withholding | −2 | $3.86 | $8 | 87,054 |
| Kelly M. Kaiser General Counsel and Secretary | May 31, 2026 | Award | +3,161 | $3.86 | $12.20K | 145,449 |
| Kelly M. Kaiser General Counsel and Secretary | May 31, 2026 | Tax withholding | −92 | $3.86 | $355 | 145,357 |
| Eugene I. Lee Jr Director | May 11, 2026 | Buy | +70,165 | $4.28 | $300.31K | 486,415 |
| Keith M. Correia Chief Information Officer | May 2, 2026 | Tax withholding | −1,226 | $6.49 | $7.96K | 86,983 |
| Jill Francine Waite Chief People Officer | May 2, 2026 | Tax withholding | −1,840 | $6.49 | $11.94K | 132,178 |
| Kelly M. Kaiser General Counsel and Secretary | May 2, 2026 | Tax withholding | −1,840 | $6.49 | $11.94K | 142,288 |
| Michelle Greig Hook CFO & Treasurer | May 2, 2026 | Tax withholding | −3,992 | $6.49 | $25.91K | 301,322 |
| Keith M. Correia Chief Information Officer | Apr 22, 2026 | Tax withholding | −601 | $6.50 | $3.91K | 88,209 |
| Eugene I. Lee Jr Director | Apr 15, 2026 | Award | +12,681 | – | – | 73,479 |
| Tony J. Darden Chief Operating Officer | Apr 15, 2026 | Tax withholding | −2,182 | $5.52 | $12.04K | 158,501 |
| Tony J. Darden Chief Operating Officer | Apr 15, 2026 | Award | +58,876 | – | – | 160,683 |
| Keith M. Correia Chief Information Officer | Apr 15, 2026 | Award | +27,173 | – | – | 90,016 |
| Keith M. Correia Chief Information Officer | Apr 15, 2026 | Tax withholding | −1,206 | $5.52 | $6.66K | 88,810 |
| Michelle Greig Hook CFO & Treasurer | Apr 15, 2026 | Award | +90,579 | – | – | 309,259 |
| Michelle Greig Hook CFO & Treasurer | Apr 15, 2026 | Tax withholding | −3,945 | $5.52 | $21.78K | 305,314 |
| Brett Patterson President & CEO, Director | Apr 15, 2026 | Award | +271,739 | – | – | 340,823 |
| Kelly M. Kaiser General Counsel and Secretary | Apr 15, 2026 | Award | +40,760 | – | – | 145,933 |
| Kelly M. Kaiser General Counsel and Secretary | Apr 15, 2026 | Tax withholding | −1,805 | $5.52 | $9.96K | 144,128 |
| Denise Peggy Lauer Chief Marketing Officer | Apr 15, 2026 | Award | +40,760 | – | – | 107,785 |
| Jennifer Pecoraro-Striepling Chief Development Officer | Apr 15, 2026 | Award | +40,760 | – | – | 40,760 |
| Jill Francine Waite Chief People Officer | Apr 15, 2026 | Tax withholding | −1,818 | $5.52 | $10.04K | 134,018 |
| Jill Francine Waite Chief People Officer | Apr 15, 2026 | Award | +40,760 | – | – | 135,836 |
| Tony J. Darden Chief Operating Officer | Apr 14, 2026 | Award | +1,034 | – | – | 101,807 |
| Ann G. Bordelon Director | Mar 13, 2026 | Conversion | +17,789 | – | – | 76,216 |
| Gerard Johan Hart Director | Mar 13, 2026 | Option exercise | +50,070 | $5.33 | $266.87K | 107,965 |
| Eugene I. Lee Jr Director | Mar 13, 2026 | Buy | +286,000 | $5.18 | $1.48M | 416,250 |
| Michael Miles Director | Mar 2, 2026 | Award | +47,004 | – | – | 446,917 |
| Kelly M. Kaiser General Counsel and Secretary | Feb 28, 2026 | Award | +730 | $4.81 | $3.51K | 105,198 |
| Kelly M. Kaiser General Counsel and Secretary | Feb 28, 2026 | Tax withholding | −25 | $4.81 | $120 | 105,173 |
| Michelle Greig Hook CFO & Treasurer | Feb 28, 2026 | Tax withholding | −50 | $4.81 | $240 | 218,680 |
| Michelle Greig Hook CFO & Treasurer | Feb 28, 2026 | Award | +1,501 | $4.81 | $7.22K | 218,730 |
| Keith M. Correia Chief Information Officer | Feb 28, 2026 | Award | +28 | $4.81 | $135 | 62,843 |
| Jill Francine Waite Chief People Officer | Feb 28, 2026 | Award | +404 | $4.81 | $1.94K | 95,089 |
| Jill Francine Waite Chief People Officer | Feb 28, 2026 | Tax withholding | −13 | $4.81 | $63 | 95,076 |
| Michael Miles Interim President & CEO, Director | Feb 2, 2026 | Award | +70,796 | – | – | 399,913 |
| Michael Miles Interim President & CEO, Director | Jan 2, 2026 | Award | +87,145 | – | – | 329,117 |
| Paulette R. Dodson Director | Jan 2, 2026 | Award | +26,143 | – | – | 62,806 |
| Ann G. Bordelon Director | Jan 2, 2026 | Award | +26,143 | – | – | 58,427 |
| Jack Hartung Director | Jan 2, 2026 | Award | +43,572 | – | – | 132,628 |
| Noah H. Glass Director | Jan 2, 2026 | Award | +26,143 | – | – | 63,872 |
| Eugene I. Lee Jr Director | Jan 2, 2026 | Award | +49,019 | – | – | 60,798 |
| Joshua Adam Lutzker Director | Jan 2, 2026 | Award | +46,840 | – | – | 110,890 |
| Gerard Johan Hart Director | Jan 2, 2026 | Award | +26,143 | – | – | 57,895 |
| Michael Miles Interim President & CEO, Director | Dec 31, 2025 | Tax withholding | −3,441 | $4.54 | $15.62K | 241,972 |
| Tony J. Darden Chief Operating Officer | Dec 23, 2025 | Tax withholding | −3,780 | $4.64 | $17.54K | 100,773 |
| Kelly M. Kaiser General Counsel and Secretary | Nov 30, 2025 | Award | +95 | $4.70 | $447 | 104,470 |
| Kelly M. Kaiser General Counsel and Secretary | Nov 30, 2025 | Tax withholding | −2 | $4.70 | $9 | 104,468 |
| Jill Francine Waite Chief People Officer | Nov 30, 2025 | Award | +481 | $4.70 | $2.26K | 94,699 |
| Jill Francine Waite Chief People Officer | Nov 30, 2025 | Tax withholding | −14 | $4.70 | $66 | 94,685 |
| Keith M. Correia Chief Information Officer | Nov 30, 2025 | Tax withholding | −5 | $4.70 | $24 | 62,815 |
| Keith M. Correia Chief Information Officer | Nov 30, 2025 | Award | +204 | $4.70 | $959 | 62,820 |
| Michael K. Ellis Chief Development Officer | Oct 31, 2025 | Tax withholding | −3,040 | $5.35 | $16.26K | 45,529 |
| Kelly M. Kaiser General Counsel and Secretary | Oct 31, 2025 | Award | +35,514 | – | – | 104,375 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Michael K. Ellis Former Officer | Nov 18, 2025 | 8,200 | $38.14K | Nov 18, 2025 | Restricted Stock Vesting |
| Berkshire Fund Viii, L.P. Director, 10% Stockholder | May 19, 2025 | 6,521,015 | $87.06M | May 19, 2025 | SHARES ACQUIRED FROM PORTILLO'S INC. IN CONNECTION WITH INITIAL PUBLIC OFFERING / REORGANIZATION |
| Investors Iii Llc Berkshire Director, 10% Stockholder | May 19, 2025 | 179,210 | $2.39M | May 19, 2025 | SHARES ACQUIRED FROM PORTILLO'S INC. IN CONNECTION WITH INITIAL PUBLIC OFFERING / REORGANIZATION |
| Investors Iv Llc Berkshire Director, 10% Stockholder | May 19, 2025 | 590,240 | $7.88M | May 19, 2025 | SHARES ACQUIRED FROM PORTILLO'S INC. IN CONNECTION WITH INITIAL PUBLIC OFFERING / REORGANIZATION |
| Berkshire Fund Viii-A, L.P. Director, 10% Stockholder | May 19, 2025 | 2,709,535 | $36.17M | May 19, 2025 | SHARES ACQUIRED FROM PORTILLO'S INC. IN CONNECTION WITH INITIAL PUBLIC OFFERING / REORGANIZATION |
| Nicholas Anthony Scarpino Officer | Aug 15, 2024 | 96,722 | $1.14M | Aug 15, 2024 | Option Granted - 10/18/2021 |
| Michael Osanloo O. Officer | Aug 9, 2024 | 66,052 | $679.68K | Aug 9, 2024 | Acquired as compensation -- Restricted Stock Units |
| George Richard Cook III Former Officer | Jan 17, 2024 | 9,623 | $129.93K | Jan 17, 2024 | ESPP Purchase |
| George Richard Cook III Former Officer | Jan 11, 2024 | 18,159 | $262.54K | Jan 11, 2024 | Option Granted - 10/18/2021 |
| Derrick Lee Pratt Officer | Jan 4, 2024 | 1,827 | $27.30K | Jan 4, 2024 | Restricted Stock Vesting |
| Michael Osanloo Officer, Director | Dec 7, 2023 | 1,558 | $24.91K | Dec 7, 2023 | Restricted Stock Vesting |
| Derrick Lee Pratt Officer | Nov 13, 2023 | 29,457 | $430.96K | Nov 13, 2023 | Restricted Stock Vesting |
| Michael Osanloo Officer, Director | Nov 7, 2023 | 10,000 | $152.20K | Nov 7, 2023 | Restricted Stock Vesting |