Noted activist investor Engaged Capital, led by Glenn Welling, has established a new position in Freshpet Inc. A recent SEC disclosure reveals the firm purchased 484,740 shares of the pet food maker, valued at $28.66 million as of the reporting date. This new investment now represents a significant 8.76% of Engaged Capital's public portfolio.
Investors should note that 13F filings reflect positions held at the end of the previous quarter, in this case, June 30, 2026, and do not represent current-day trading. The investment surfaces after Freshpet reported a 15.5% increase in second-quarter net sales and raised its full-year financial guidance on August 5th. Engaged Capital has a history of pushing for strategic changes at its portfolio companies.