Portside Wealth Group Reduces Stake in Ollie's Bargain Outlet

The investment firm sold over 5,500 shares of the discount retail company in Q4 2025.

Apr. 8, 2026 at 10:10am

Got story updates? Submit your updates here. ›

Portside Wealth Group LLC decreased its stake in Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) by 38.7% in the fourth quarter of 2025, according to a recent SEC filing. The institutional investor now owns 8,729 shares of the company's stock, valued at $957,000 at the end of the reporting period.

Why it matters

Ollie's Bargain Outlet is a popular discount retail chain known for its wide selection of brand-name merchandise at deeply discounted prices. Portside Wealth Group's reduced position in the company could signal a shift in investor sentiment or a strategic portfolio rebalancing.

The details

Portside Wealth Group sold 5,508 shares of Ollie's Bargain Outlet during the fourth quarter, reducing its total holdings to 8,729 shares. The firm cited unspecified reasons for the sale, which represented a 38.7% decrease in its position. Other hedge funds, including Allworth Financial LP and Private Trust Co. NA, also made changes to their Ollie's Bargain Outlet positions during the same period.

  • Portside Wealth Group filed its Q4 2025 13F report on April 8, 2026.
  • The firm's stake reduction occurred during the fourth quarter of 2025.

The players

Portside Wealth Group LLC

An institutional investment firm that decreased its position in Ollie's Bargain Outlet Holdings, Inc. by 38.7% in Q4 2025.

Ollie's Bargain Outlet Holdings, Inc.

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

Got photos? Submit your photos here. ›

The takeaway

Portside Wealth Group's reduced stake in Ollie's Bargain Outlet could signal a broader shift in investor sentiment towards the discount retail sector, as the company faces potential headwinds from macroeconomic conditions and increased competition. However, Ollie's Bargain Outlet remains a popular destination for bargain-hunting consumers, and the company's long-term prospects will depend on its ability to maintain its unique value proposition.