Alliancebernstein Trims Stake in Ollie's Bargain Outlet

Investment firm reduces holdings in discount retailer by 16.5% in Q3

Mar. 17, 2026 at 7:09am

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Alliancebernstein L.P. lowered its position in Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) by 16.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,107,408 shares of the company's stock after selling 218,209 shares during the period.

Why it matters

Alliancebernstein is a major institutional investor in Ollie's Bargain Outlet, a popular discount retail chain. The firm's decision to reduce its stake by over 16% could signal a shift in sentiment around the company's prospects, which may impact the stock price and investor confidence.

The details

According to the filing, Alliancebernstein owned 1.81% of Ollie's Bargain Outlet at the end of the reporting period, down from 2.17% previously. The investment firm cited the sale of 218,209 shares during the third quarter. Ollie's Bargain Outlet is a discount retailer that specializes in closeout merchandise and surplus inventory across a range of product categories.

  • Alliancebernstein reduced its stake in Ollie's Bargain Outlet during the third quarter of the year.

The players

Alliancebernstein L.P.

A major investment management firm that previously held a significant stake in Ollie's Bargain Outlet.

Ollie's Bargain Outlet Holdings, Inc.

A discount retail chain that specializes in closeout merchandise and surplus inventory.

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The takeaway

The reduction in Alliancebernstein's stake in Ollie's Bargain Outlet could signal a shift in investor sentiment around the discount retailer, though the reasons behind the firm's decision are not entirely clear. Investors will likely monitor Ollie's performance and any further changes in institutional ownership going forward.