Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in LOCO held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BIGLARI CAPITAL CORP. | 3.8M | $64.1M | -5.6% | 12.403% | 5.36% |
| 2 | BlackRock, Inc. | 2.5M | $41.7M | +7.7% | 8.076% | 0.00% |
| 3 | DIMENSIONAL FUND ADVISORS LP | 2.0M | $34.8M | +1.8% | 6.729% | 0.01% |
| 4 | GOLDMAN SACHS GROUP INC | 1.3M | $21.3M | +15.1% | 4.124% | 0.00% |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 1.1M | $18.8M | +1.7% | 3.641% | 0.00% |
| 6 | First Eagle Investment Management, LLC | 996K | $16.9M | +73.1% | 3.270% | 0.01% |
| 7 | TWO SIGMA INVESTMENTS, LP | 907K | $15.4M | +41.2% | 2.977% | 0.01% |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 888K | $15.1M | +32.9% | 2.914% | 0.00% |
| 9 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 730K | $12.4M | +31.5% | 2.397% | 0.01% |
| 10 | Hillsdale Investment Management Inc. | 656K | $11.1M | +12.4% | 2.154% | 0.25% |
| 11 | STATE STREET CORP | 628K | $10.7M | +3.6% | 2.063% | 0.00% |
| 12 | BIGLARI, SARDAR | 489K | $8.3M | 0.0% | 1.606% | 13.33% |
| 13 | MONIMUS CAPITAL MANAGEMENT, LP | 456K | $7.7M | +4.0% | 1.497% | 1.79% |
| 14 | PRUDENTIAL FINANCIAL INC | 450K | $7.6M | -13.3% | 1.477% | 0.01% |
| 15 | BRIDGEWAY CAPITAL MANAGEMENT, LLC | 429K | $7.3M | +1.1% | 1.408% | 0.13% |
| 16 | Archon Capital Management LLC | 421K | $7.1M | +267.4% | 1.381% | 2.90% |
| 17 | RENAISSANCE TECHNOLOGIES LLC | 418K | $7.1M | +36.6% | 1.374% | 0.01% |
| 18 | Divisadero Street Capital Management, LP | 410K | $7.0M | -5.2% | 1.346% | 0.16% |
| 19 | HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 371K | $6.3M | -29.3% | 1.219% | 0.02% |
| 20 | Rodgers Brothers Inc. | 352K | $6.0M | -2.6% | 1.157% | 0.58% |
| 21 | UBS Group AG | 337K | $5.7M | +545.4% | 1.105% | 0.00% |
| 22 | MORGAN STANLEY | 316K | $5.4M | +73.1% | 1.038% | 0.00% |
| 23 | Assenagon Asset Management S.A. | 302K | $5.1M | +97.4% | 0.990% | 0.00% |
| 24 | SEI INVESTMENTS CO | 296K | $5.0M | -53.3% | 0.973% | 0.00% |
| 25 | Qube Research & Technologies Ltd | 296K | $5.0M | — | 0.971% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in LOCO — a direct measure of their conviction.
Filings activity in LOCO during Q2 2026, grouped by how each filer changed its position.
Institutions that opened a new LOCO position in Q2 2026
Institutions that fully closed their LOCO position in Q2 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 150 | +5.6% | 93.41% | +4.79 pp | $438M | +32% |
| Q1 2026 | 142 | +1.4% | 88.62% | +2.41 pp | $332M | +34% |
| Q4 2025 | 140 | +11% | 86.21% | +1.55 pp | $247M | +11% |
| Q3 2025 | 126 | 4.5% | 84.66% | 0.59 pp | $222M | 13% |
| Q2 2025 | 132 | 3.6% | 85.25% | 1.86 pp | $254M | +4.9% |
| Q1 2025 | 137 | +1.5% | 87.11% | +0.93 pp | $243M | 12% |
| Q4 2024 | 135 | +9.8% | 86.18% | +2.11 pp | $276M | 15% |
| Q3 2024 | 123 | — | 84.07% | — | $325M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying LOCO stock.
Based on Q2 2026 13F filings, institutional ownership of El Pollo Loco Holdings, Inc. stands at 93.4%, held across 150 reporting institutions.
BIGLARI CAPITAL CORP. is the largest reported institutional holder of LOCO, with approximately 3,777,400 shares worth $0.06B as of Q2 2026.
Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of LOCO, including TWO SIGMA INVESTMENTS, LP, RENAISSANCE TECHNOLOGIES LLC.
Our composite Smart Money Score for LOCO is 69 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
22 institutions opened new positions in LOCO during Q2 2026, while 12 fully exited. 107 added to existing positions and 18 trimmed.
LOCO institutional ownership rose by 4.79 percentage points quarter-over-quarter, with a net change of +8 holders.
The top 10 institutions account for 57.4% of all reported 13F value in LOCO, and the top 25 account for 80.5%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
El Pollo Loco Holdings, Inc. (LOCO) Institutional Ownership