Geneva Capital Dumps 95,000 OLLI Shares Worth $11.5 Million
Key Points
Sold 95,151 shares of OLLI; estimated transaction value $11.47 million (based on average price in Q4 2025).
Quarter-end position value changed by $31.64 million, reflecting both trading and price movement effects.
Trade size represented 0.22% of 13F reportable AUM.
Geneva Capital Management LLC now holds 1,033,765 shares valued at $113.31 million.
OLLI stake now accounts for 2.13% of fund AUM, outside the fund’s top five positions.
On February 12, 2026, Geneva Capital Management LLC disclosed a sale of Ollie's Bargain Outlet Holdings (NASDAQ:OLLI).
What happened
According to its SEC filing dated February 12, 2026, Geneva Capital Management LLC sold 95,151 shares of Ollie's Bargain Outlet Holdings during the fourth quarter. The estimated transaction value was $11.47 million, calculated using the quarter’s average share price. The quarter-end value of the OLLI stake shifted by $31.64 million, reflecting both the share sale and stock price movement.
What else to know
- Geneva Capital Management LLC’s OLLI stake now represents 2.13% of reportable AUM, down from 2.34% prior to the sale
- Top five fund holdings after the filing:
- NYSE: RBC: $231.31 million (4.3% of AUM)
- NASDAQ: ROAD: $197.68 million (3.7% of AUM)
- NASDAQ: EXLS: $195.30 million (3.7% of AUM)
- NYSE: GMED: $166.06 million (3.1% of AUM)
- NYSE: ESE: $154.01 million (2.9% of AUM)
- As of February 11, 2026, OLLI shares were priced at $113.75, up 10.00% over one year, underperforming the S&P 500 by 4.39 percentage points.
Company overview
| Metric | Value |
|---|---|
| Revenue (TTM) | $2.54 billion |
| Net Income (TTM) | $223.60 million |
| Price (as of market close 2026-02-11) | $113.75 |
| One-Year Price Change | 10.00% |
Company snapshot
- Offers a wide range of discounted brand name merchandise, including housewares, food, health and beauty aids, toys, electronics, and seasonal goods.
- Operates a value-focused retail model, sourcing closeouts and excess inventory to deliver significant savings to customers through its network of 450 stores as of August 3, 2022.
- Targets value-oriented consumers seeking branded products at reduced prices, primarily across 29 states in the eastern and central United States.
Ollie's Bargain Outlet Holdings, Inc. is a leading discount retailer specializing in brand name closeouts and excess inventory, supporting a broad footprint of over 450 stores. The company leverages a highly efficient sourcing and distribution model to provide compelling value to cost-conscious shoppers. Its scale and focus on opportunistic purchasing underpin a competitive advantage in the off-price retail sector.
What this transaction means for investors
Geneva Capital Management sold some shares in Ollie’s amid its most sustained downturn since the 2022 bear market. After years of gains, the stock reversed course in August, likely because of its increasing valuation.
The fund has held shares of this stock for years, and since share amounts have fluctuated over that time, the modest trimming of shares does not appear to be an unusual move for the fund. Moreover, since it reduced its holdings by only 8%, the fund has likely not lost confidence in Ollie’s.
Indeed, holding most of its shares could be a good decision. With an uncertain economy, shoppers may be on the lookout for the closeout merchandise Ollie’s sells. Also, it has recently acquired Big Lots and opened 86 new stores in fiscal 2025, pointing to significant expansion.
Looking at its current valuation, its 31 P/E ratio is just above its five-year average earnings multiple of 30. Still, that valuation is unlikely to stop the stock’s growth longer term, indicating the recent downturn in the retail stock could be short-lived.
Will Healy has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Construction Partners, ExlService, Globus Medical, and RBC Bearings. The Motley Fool recommends Ollie's Bargain Outlet. The Motley Fool has a disclosure policy.