Dimensional Fund Advisors Amends El Pollo Loco Stake

TL;DR

**Dimensional Fund Advisors updated their El Pollo Loco stake, signaling continued institutional interest.**

AI Summary

Dimensional Fund Advisors LP, a Delaware Limited Partnership, has filed an amended SC 13G/A for El Pollo Loco Holdings Inc, indicating a change in their beneficial ownership of the company's Common Stock as of December 29, 2023. This filing updates their previous disclosure, showing their continued significant, though passive, investment in the fast-casual restaurant chain. For investors, this matters because it signals that a major institutional investor maintains a position in El Pollo Loco, which can be seen as a vote of confidence, even if their stake has slightly adjusted.

Why It Matters

This filing shows that a large institutional investor, Dimensional Fund Advisors LP, continues to hold a significant stake in El Pollo Loco, providing a level of institutional backing for the stock.

Risk Assessment

Risk Level: low — This filing is an amendment to a passive investment disclosure and does not indicate any immediate or significant risk to the company or its shareholders.

Analyst Insight

A smart investor would note that a major institutional fund like Dimensional Fund Advisors LP continues to hold a position in El Pollo Loco, suggesting ongoing institutional interest, but should also research the specific percentage of ownership (which is not provided in this excerpt) to understand the magnitude of their stake.

Key Players & Entities

• Dimensional Fund Advisors LP (company) — the reporting person and institutional investor
• El Pollo Loco Holdings, Inc. (company) — the subject company whose stock is being reported
• Delaware (company) — place of organization for Dimensional Fund Advisors LP
• December 29, 2023 (date) — date of event requiring the filing

FAQ

From the Filing

0000354204-24-003162.txt : 20240209 0000354204-24-003162.hdr.sgml : 20240209 20240209095911 ACCESSION NUMBER: 0000354204-24-003162 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: El Pollo Loco Holdings, Inc. CENTRAL INDEX KEY: 0001606366 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 203563182 STATE OF INCORPORATION: DE FISCAL YEAR END: 1227 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-88632 FILM NUMBER: 24612406 BUSINESS ADDRESS: STREET 1: 3535 HARBOR BOULEVARD STREET 2: SUITE 100 CITY: COSTA MESA STATE: CA ZIP: 92626 BUSINESS PHONE: 7145995000 MAIL ADDRESS: STREET 1: 3535 HARBOR BOULEVARD STREET 2: SUITE 100 CITY: COSTA MESA STATE: CA ZIP: 92626 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DIMENSIONAL FUND ADVISORS LP CENTRAL INDEX KEY: 0000354204 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] ORGANIZATION NAME: IRS NUMBER: 222370029 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 6300 BEE CAVE ROAD STREET 2: BUILDING ONE CITY: AUSTIN STATE: TX ZIP: 78746 BUSINESS PHONE: (512) 306-7400 MAIL ADDRESS: STREET 1: 6300 BEE CAVE ROAD STREET 2: BUILDING ONE CITY: AUSTIN STATE: TX ZIP: 78746 FORMER COMPANY: FORMER CONFORMED NAME: DIMENSIONAL FUND ADVISORS INC DATE OF NAME CHANGE: 19920929 SC 13G/A 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1 ) * El Pollo Loco Holdings Inc (Name of Issuer) Common Stock (Title of Class of Securities) 268603107 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 268603107 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Dimensional Fund Advisors LP 30-0447847 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware Limited Partnership NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 2,320,714 ** see Note 1 ** 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 2,360,543 ** see Note 1 ** 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,360,543 ** see Note 1 ** 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.5% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer El Pollo Loco Holdings Inc (b) Address of Issuer's Principal Executive Offices 3535 Harbor Blvd, Suite 100, Costa Mesa, CA 92626 Item 2. (a) Name of Person Filing Dimensional Fund Advisors LP (b) Address of Principal Business Office or, if None, Residence 6300 Bee Cave Road, Building One, Austin, TX 78746 (c) Citizenship Delaware Limited Partnership (d) Title of Class of Securities Common Stock (e) CUSIP Number 268603107 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [ ] Broker