Retirement Systems of Alabama Boosts Stake in Ollie's Bargain Outlet

Investment firm increases position in discount retailer by over 36% in Q4

Apr. 4, 2026 at 9:13am

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A photorealistic studio still life featuring a stack of neatly folded discount clothing items, a price tag, and a calculator on a clean, monochromatic background, symbolizing Ollie's Bargain Outlet's business of offering brand-name merchandise at deep discounts.A minimalist studio still life captures the essence of Ollie's Bargain Outlet's discount retail model.Harrisburg Today

Retirement Systems of Alabama, a major institutional investor, grew its stake in Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) by 36.5% during the fourth quarter of 2025, according to a recent SEC filing. The firm now owns 101,257 shares of the discount retailer's stock, worth approximately $11.1 million.

Why it matters

Ollie's Bargain Outlet is a popular off-price retailer known for its deep discounts on brand-name merchandise. The company's strong performance and growth potential have attracted significant institutional investment, and Retirement Systems of Alabama's increased stake signals confidence in the business.

The details

According to the filing, Retirement Systems of Alabama purchased an additional 27,092 shares of Ollie's Bargain Outlet during the fourth quarter, bringing its total position to 101,257 shares. This represents a 36.5% increase in the firm's stake in the company. Ollie's Bargain Outlet operates a unique no-frills retail format, offering branded and private-label products at significant discounts.

  • Retirement Systems of Alabama increased its stake in Ollie's Bargain Outlet during the fourth quarter of 2025.

The players

Retirement Systems of Alabama

A major institutional investor that manages retirement funds for public employees in Alabama.

Ollie's Bargain Outlet Holdings, Inc.

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

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The takeaway

Retirement Systems of Alabama's increased stake in Ollie's Bargain Outlet reflects the investment firm's confidence in the discount retailer's growth potential and ability to navigate the evolving retail landscape. This move underscores the strong institutional interest in Ollie's Bargain Outlet, which has established itself as a successful off-price retailer with a unique business model.