SCHEDULE: LSV Asset Management Cuts El Pollo Loco Stake Below 5%

LSV Asset Management has filed an amendment to its Schedule 13G, reporting a reduction in its beneficial ownership of El Pollo Loco Holdings, Inc. Class A Common Stock to 4.96%.

Summary

• LSV Asset Management, an investment adviser, has filed an Amendment No. 1 to its Schedule 13G regarding its beneficial ownership in El Pollo Loco Holdings, Inc.
• As of September 30, 2025, LSV Asset Management beneficially owns 1,489,052 shares of El Pollo Loco's Class A Common Stock.
• This represents 4.96% of the total outstanding shares of the class, indicating a reduction from a previous holding that was above the 5% threshold.
• LSV Asset Management holds sole voting power over 867,404 shares and sole dispositive power over all 1,489,052 shares.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a factual regulatory disclosure of a change in beneficial ownership, which is inherently neutral. The reduction below 5% could be seen as slightly negative by some, but it's a routine portfolio adjustment for an investment adviser.

Negatives

• LSV Asset Management has reduced its beneficial ownership in El Pollo Loco Holdings, Inc. to below the 5% threshold, which could be interpreted by some investors as a decrease in conviction or a portfolio rebalancing.

Future Outlook

N/A

Management Comments

• Josh O'Donnell, Chief Compliance Officer of LSV Asset Management, certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of El Pollo Loco Holdings, Inc.

Industry Context

This filing is a routine disclosure of an institutional investor's stake and does not provide specific industry context or trends for the restaurant sector. It reflects a change in a particular fund's investment position.

Stakeholder Impact

• Shareholders: The reduction in LSV Asset Management's stake below 5% may lead to questions about the institutional investor's long-term view of El Pollo Loco, potentially influencing other investors' perceptions or trading decisions.

Key Dates

Keywords

El Pollo Loco Holdings, LSV Asset Management, Schedule 13G/A, Beneficial Ownership, Common Stock, Institutional Investor, Restaurant Industry, Equity Stake