Fisher Asset Management Reduces Stake in O'Reilly Automotive

The investment firm lowered its position in the auto parts retailer by 2.6% in the third quarter.

Mar. 3, 2026 at 7:15am

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Fisher Asset Management LLC reduced its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY) by 2.6% in the third quarter, according to a recent SEC filing. The firm now owns 655,988 shares of the specialty retailer's stock, valued at $70.7 million.

Why it matters

O'Reilly Automotive is a major player in the automotive aftermarket industry, providing parts, tools, and accessories to both professional mechanics and DIY customers. Changes in institutional ownership can signal shifts in market sentiment around the company.

The details

Fisher Asset Management sold 17,846 shares of O'Reilly Automotive during the third quarter. The firm now holds a 0.6% stake in the company. Other major institutional investors in O'Reilly include Vanguard Group, State Street Corp, and Geode Capital Management.

  • Fisher Asset Management filed its Q3 2026 13F report in early March 2026, disclosing the reduced stake.

The players

Fisher Asset Management LLC

An investment management firm that provides asset management services to institutional and individual clients.

O'Reilly Automotive, Inc.

A leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do-it-yourself customers.

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The takeaway

The reduced stake by Fisher Asset Management in O'Reilly Automotive suggests a potential shift in market sentiment around the auto parts retailer, though the overall institutional ownership remains high. Investors will likely watch for any further changes in major shareholder positions.