Activist investor Engaged Capital, run by Glenn Welling, trimmed its position in machine vision company Cognex by 29.96% during the second quarter of 2026. According to a quarterly disclosure filed with the SEC, the firm sold 145,000 shares, reducing its holding to 339,000. The remaining stake was valued at $24.55 million at the end of June.
Investors should be aware that 13F filings are submitted to the SEC 45 days after the end of a quarter, reflecting a firm's holdings as of a specific past date and not necessarily their current investment. This filing follows a period in late 2025 when Engaged Capital publicly pushed for cost-cutting measures at Cognex.