Engine Capital Management, LP
Long book
$828.4M
Q1 2026
Positions
26
Top-10 weight
80%
concentration
Last quarter
+12.7%
SPY +14.8%
Turnover
26%
of book per quarter
Strategy in plain words
auto-generated from filingsEngine Capital Management, LP is a concentrated fundamental stock-picker, running a $828.4M US long book across 26 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: AVANTOR INC, NCR ATLEOS CORP, SUNOCOCORP LLC, DNOW INC, BRINK'S CO/THE.
Over the last 9 quarters its long book ran on average 0.8pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.3%
Q2 2024
+9.3%
Q3 2024
+9.5%
Q4 2024
-6.3%
Q1 2025
+4.9%
Q2 2025
+8.7%
Q3 2025
-4.2%
Q4 2025
-2.6%
Q1 2026
+12.7%
Sector allocation
Industrials 29%
Healthcare 26%
Technology 14%
Services media 11%
Energy 8%
Communications 4%
Materials 4%
Other 3%
Long book by quarter
What does Engine Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AVTR AVANTOR INC | Healthcare | 19.8M | $155.1M | 18.7% | +65.8% |
| NATL NCR ATLEOS CORP | Technology | 2.6M | $112.5M | 13.6% | Held |
| SUNC SUNOCOCORP LLC | Energy | 1.0M | $62.9M | 7.6% | -26.1% |
| DNOW DNOW INC | Industrials | 5.2M | $61.5M | 7.4% | New |
| BCO BRINK'S CO/THE | Industrials | 549.4K | $56.9M | 6.9% | +1237.6% |
| KBR KBR INC | Industrials | 1.5M | $56.4M | 6.8% | +1129.3% |
| OFIX ORTHOFIX MEDICAL INC | Healthcare | 4.4M | $50.4M | 6.1% | +3.2% |
| NXST NEXSTAR MEDIA GROUP INC | Communications | 199.2K | $36.0M | 4.3% | Held |
| PRKS UNITED PARKS & RESORTS INC | Services media | 1.0M | $33.8M | 4.1% | +20.8% |
| CMP COMPASS MINERALS INTERNATION | Materials | 1.4M | $33.6M | 4.1% | +275.4% |
| FOXF FOX FACTORY HOLDING CORP | Industrials | 2.0M | $33.4M | 4.0% | +162.3% |
| CVEO CIVEO CORP | Services media | 874.5K | $23.1M | 2.8% | -34.6% |
| MAGN MAGNERA CORP | Other | 2.2M | $21.3M | 2.6% | Held |
| UNF UNIFIRST CORP/MA | Services media | 74.0K | $18.6M | 2.2% | -83.9% |
| SONO SONOS INC | Industrials | 1.3M | $16.8M | 2.0% | Held |
| FVRR FIVERR INTERNATIONAL LTD | Services media | 1.3M | $13.4M | 1.6% | +78.4% |
| PHIN PHINIA INC | Industrials | 170.6K | $11.7M | 1.4% | Held |
| AOUT AMERICAN OUTDOOR BRANDS INC | Other | 656.3K | $6.1M | 0.7% | Held |
| WEAV WEAVE COMMUNICATIONS INC | Technology | 1.1M | $4.9M | 0.6% | New |
| MGM MGM RESORTS INTERNATIONAL | Services media | 100.0K | $3.7M | 0.4% | -33.3% |
| BVS BIOVENTUS INC - A | Healthcare | 315.0K | $2.9M | 0.3% | New |
| EYE NATIONAL VISION HOLDINGS INC | Healthcare | 9.5K | $247K | 0.0% | Held |
| RMNI RIMINI STREET INC | Services media | 17.4K | $57K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 26 | $828.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 28 | $724.2M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 27 | $842.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 28 | $473.4M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 33 | $527.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 36 | $546.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 38 | $577.0M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 36 | $533.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 39 | $495.4M | canonical | SEC ↗ |
Similar funds
Sanders Capital, LLCGATES FOUNDATION TRUSTEAGLE CAPITAL MANAGEMENT LLCWoodbridge Co LtdAlecta Tjanstepension OmsesidigtMubadala Investment Co PJSCH&H International Investment, LLCNewlands Management Operations LLCINVESTOR ABIndependent Franchise Partners LLPPineStone Asset Management Inc.Pentwater Capital Management LP