This Fund Sold $81 Million of Ollie's Stock, but Kept a Nearly $100 Million Bet After a 13% Year

1 day ago 4

Jonathan Ponciano, The Motley Fool

Sat, January 10, 2026 astatine 11:27 AM CST 5 min read

Boston-based Congress Asset Management chopped its Ollie's Bargain Outlet involvement by 670,615 shares worthy an estimated $80.86 million, based connected quarterly mean pricing.
Meanwhile, the quarter-end worth of the presumption declined by $102.63 million, a fig reflecting some trading enactment and stock terms question implicit the period.
Post-transaction, the money held 879,320 shares valued astatine $96.38 million, representing 0.68% of AUM, which places it extracurricular the fund's apical 5 holdings.
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On Friday, Boston-based Congress Asset Management reported selling 670,615 shares of Ollie's Bargain Outlet (NASDAQ:OLLI), an estimated $80.86 cardinal commercialized based connected quarterly mean pricing.

According to a filing with the Securities and Exchange Commission released Friday, Congress Asset Management sold 670,615 shares of Ollie's Bargain Outlet Holdings during the 4th quarter. The estimated worth of the transaction was $80.86 million, calculated utilizing the mean unadjusted closing terms for the quarter. The fund’s quarter-end holding was 879,320 shares worthy $96.38 million.

Following the sale, Ollie's Bargain Outlet represented 0.68% of Congress Asset Management’s reportable U.S. equity AUM.

Top holdings aft the filing:

NASDAQ:NVDA: $473.16 cardinal (3.34% of AUM)
NASDAQ:AAPL: $446.82 cardinal (3.15% of AUM)
NASDAQ:GOOGL: $357.15 cardinal (2.52% of AUM)
NASDAQ:MSFT: $311.02 cardinal (2.19% of AUM)
NASDAQ:AVGO: $253.12 cardinal (1.79% of AUM)

As of Friday, shares of Ollie's Bargain Outlet were priced astatine $118.49, up 13% implicit the past twelvemonth but underperforming the S&P 500's astir 18% summation successful the aforesaid period.

Metric

Value

Revenue (TTM)	$2.54 billion
Net Income (TTM)	$223.60 million
Price (as of Friday)	$118.49
One-Year Price Change	17%

Ollie's Bargain Outlet Holdings offers a wide scope of discounted marque sanction merchandise, including housewares, food, wellness and quality aids, electronics, toys, and seasonal products.
The concatenation operates implicit 600 stores successful 34 states passim the United States, providing its products nether names specified arsenic Ollie's Army.
It targets value-conscious consumers with a absorption connected closeouts and excess inventory, emphasizing a treasure-hunt buying experience.

Ollie's Bargain Outlet Holdings, Inc. is simply a U.S. discount retailer specializing successful marque sanction closeouts and excess inventory, and arsenic of September, operated implicit 600 stores with a absorption connected worth and scale.

This determination shows however nonrecreational investors sometimes negociate vulnerability erstwhile a concern is executing good but possibly leaving immoderate maturation connected the table, and cutting a ample chunk of Ollie’s portion keeping a meaningful presumption signals recalibration, not retreat.

To beryllium clear, the discount chain’s fundamentals stay strong. In the 3rd 4th of fiscal 2025, nett income jumped 18.6% to $613.6 million, portion adjusted EPS surged 29.3% to $0.75. The institution opened a grounds 32 stores successful the 4th and raised full-year guidance, present projecting fiscal 2025 gross of $2.65 cardinal and adjusted EPS betwixt $3.81 and $3.87. Meanwhile, currency and investments climbed to $432 million, giving Ollie’s ample flexibility to support expanding its footprint and opportunistically bargain inventory.

Even aft the sale, Ollie’s remains a holding, but astatine conscionable 0.68% of assets it sits acold beneath mega-cap exertion names similar Nvidia, Apple, and Alphabet. That operation suggests retail is viewed arsenic a tactical maturation sleeve, not a halfway operator of returns. In different words, holding connected to a smaller involvement preserves upside portion recognizing that retail cycles tin crook quickly, adjacent for well-run discount chains.