Bullseye Asset Management Trims Ollie's Bargain Outlet Holdings Stake

Institutional investor reduces position in discount retailer by nearly 40%

Mar. 14, 2026 at 7:35am

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Bullseye Asset Management LLC lowered its stake in shares of Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) by 39.7% during the 3rd quarter, according to a recent SEC filing. The firm now owns 22,821 shares of the company's stock, down from 37,821 shares previously.

Why it matters

Ollie's Bargain Outlet is a popular discount retail chain known for its closeout merchandise and surplus inventory. The company has been expanding aggressively, opening around 86 new stores last year. Institutional investor activity in the stock can provide insights into market sentiment around the company's growth prospects.

The details

According to the filing, Bullseye Asset Management sold 15,000 shares of Ollie's Bargain Outlet during the quarter. The firm's remaining 22,821 shares make up 1.5% of its overall portfolio, making the stock its 27th largest holding. Several other major institutional investors, including Invesco Ltd. and Hood River Capital Management LLC, have also adjusted their positions in Ollie's Bargain Outlet in recent quarters.

  • Bullseye Asset Management lowered its stake in Ollie's Bargain Outlet during the 3rd quarter of 2026.

The players

Bullseye Asset Management LLC

An investment management firm that has reduced its position in Ollie's Bargain Outlet Holdings, Inc.

Ollie's Bargain Outlet Holdings, Inc.

An American discount retail chain specializing in closeout merchandise and surplus inventory.

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The takeaway

Bullseye Asset Management's decision to trim its stake in Ollie's Bargain Outlet suggests the firm may have concerns about the stock's valuation or near-term growth prospects, despite the company's aggressive expansion plans. However, the discount retailer remains a holding in Bullseye's portfolio, indicating the firm still sees long-term potential in the business.