JPMorgan Chase Cuts Stake in Ollie's Bargain Outlet

Institutional investor reduces holdings in discount retail chain

Mar. 19, 2026 at 9:21am

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JPMorgan Chase & Co. decreased its holdings in Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) by 4.2% in the third quarter, according to the company's 13F filing with the Securities and Exchange Commission. The institutional investor owned 612,750 shares of the company's stock worth $78,677,000 as of its most recent SEC filing.

Why it matters

Ollie's Bargain Outlet is a popular discount retail chain known for offering brand-name merchandise at significant markdowns. The decrease in JPMorgan Chase's stake could signal a shift in investor sentiment around the company's performance and growth prospects.

The details

According to the filing, JPMorgan Chase sold 26,667 shares of Ollie's Bargain Outlet during the third quarter. The institutional investor now owns approximately 1% of the company's outstanding shares. Several other hedge funds have also recently modified their holdings in Ollie's, with Wasatch Advisors LP, Invesco Ltd., and Hood River Capital Management LLC among the largest institutional investors.

  • JPMorgan Chase filed its 13F report for the third quarter of 2026.

The players

JPMorgan Chase & Co.

A multinational investment bank and financial services company headquartered in New York City.

Ollie's Bargain Outlet Holdings, Inc.

An American discount retail chain specializing in closeout merchandise and surplus inventory across a broad range of categories.

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The takeaway

The decrease in JPMorgan Chase's stake in Ollie's Bargain Outlet could signal a broader shift in investor sentiment around the discount retailer's performance and growth prospects. However, the company remains a popular investment among other major institutional investors, suggesting it continues to be viewed as an attractive long-term opportunity.