Engineers Gate Manager LP grew its position in Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) by 176.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,639 shares of the company's stock after acquiring an additional 21,467 shares during the period.
Ollie's leverages aggressive store expansion and a loyal membership base to drive long-term revenue. The company lacks a technological moat, making it vulnerable to evolving retail digital trends.
Public Employees Retirement System of Ohio acquired a new position in shares of Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 17,959 shares of the company's stock, valued at approximately $1,381,000.
The near-term headwind is a weak comp-store showing, with comps down unexpectedly on a contraction in basket size. The weakness runs counter to industry trends, which show other retailers, specifically off-price and discount retailers, doing well, and may be more of a one-off than not.
Jupiter Topco LLC bought a new position in Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) in the undefined quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 26,867 shares of the company's stock, valued at approximately $2,066,000. A number of other institutional investors have also
B. Metzler seel. Sohn and Co. AG lifted its position in shares of Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) by 79.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 59,862 shares of the company's stock