- Today
- Holidays
- Birthdays
- Reminders
- Cities
- Atlanta
- Austin
- Baltimore
- Berwyn
- Beverly Hills
- Birmingham
- Boston
- Brooklyn
- Buffalo
- Charlotte
- Chicago
- Cincinnati
- Cleveland
- Columbus
- Dallas
- Denver
- Detroit
- Fort Worth
- Houston
- Indianapolis
- Knoxville
- Las Vegas
- Los Angeles
- Louisville
- Madison
- Memphis
- Miami
- Milwaukee
- Minneapolis
- Nashville
- New Orleans
- New York
- Omaha
- Orlando
- Philadelphia
- Phoenix
- Pittsburgh
- Portland
- Raleigh
- Richmond
- Rutherford
- Sacramento
- Salt Lake City
- San Antonio
- San Diego
- San Francisco
- San Jose
- Seattle
- Tampa
- Tucson
- Washington
Dublin Today
By the People, for the People
AustralianSuper Pty Ltd Boosts Ross Stores Stake by Over 1,700%
The Australian pension fund now owns nearly 157,000 shares of the discount retailer.
Published on Mar. 4, 2026
Got story updates? Submit your updates here. ›
AustralianSuper Pty Ltd, a major Australian pension fund, has significantly increased its stake in Ross Stores, Inc. (NASDAQ:ROST) by over 1,700% in the third quarter of 2025. The fund now owns 156,898 shares of the apparel retailer, worth approximately $23.91 million.
Why it matters
This substantial investment by one of Australia's largest superannuation funds highlights the growing institutional interest in Ross Stores, which has performed well despite broader retail challenges. The move also reflects the company's position as a value-oriented destination for brand-name merchandise at discounted prices, a model that has resonated with cost-conscious consumers.
The details
According to a recent 13F filing with the U.S. Securities and Exchange Commission, AustralianSuper Pty Ltd increased its holdings in Ross Stores by 1,713.6% in the third quarter of 2025. The fund now owns 156,898 shares of the company, up from just 8,651 shares in the previous quarter. This investment is now worth approximately $23.91 million, making it a significant position for the Australian pension fund.
- AustralianSuper Pty Ltd increased its Ross Stores holdings in the 3rd quarter of 2025.
The players
AustralianSuper Pty Ltd
A major Australian pension fund and one of the country's largest superannuation funds, with over $200 billion in assets under management.
Ross Stores, Inc.
An American off-price retailer that operates the Ross Dress for Less and dd's DISCOUNTS store formats, selling a broad assortment of apparel, footwear, home fashions, and other merchandise at discounted prices.
The takeaway
AustralianSuper's substantial investment in Ross Stores underscores the company's appeal as a value-oriented retailer in a challenging economic environment. The move reflects the growing global interest in Ross Stores' unique business model and its ability to attract cost-conscious consumers seeking brand-name merchandise at discounted prices.
