This Fund Sold $81 Million of Ollie's Stock, but Kept a Nearly $100 Million Bet After a 13% Year
Ollie’s Bargain Outlet specializes in discounted brand name merchandise across over 600 stores in 34 states, targeting value-focused shoppers.On Friday, Boston-based Congress Asset Management reported selling 670,615 shares of Ollie's Bargain Outlet (OLLI +5.07%), an estimated $80.86 million trade based on quarterly average pricing.What HappenedAccording to a filing with the Securities and Exchange Commission released Friday, Congress Asset Management sold 670,615 shares of Ollie's Bargain Outlet Holdings d ...