FMR LLC files 6.77M-share, 11.1% stake in Ollie's (OLLI)
Rhea-AI Filing Summary
FMR LLC filed an amendment to Schedule 13G reporting ownership of 6,765,175.05 shares of Ollie's Bargain Outlet Holdings Inc. The filing states this represents 11.1% of the company's common stock as reported on the cover. The schedule lists voting and dispositive powers held by FMR LLC and notes other persons may have rights to dividends or proceeds; no other person holds more than 5%. Signature and power-of-attorney details are included.
Positive
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Negative
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Key Figures
Shares beneficially owned: 6,765,175.05 shares
Percent of class: 11.1%
CUSIP: 681116109
+2 more
5 metrics
Shares beneficially owned
6,765,175.05 shares
Amount reported in Item 4(a)
Percent of class
11.1%
Percent reported in Item 4(b)
CUSIP
681116109
Issuer common stock CUSIP on cover page
Power of attorney effective
April 13, 2026
Power of attorney date cited in signature block
Signature date
May 5, 2026
Signature dates for authorized filer(s)
Key Terms
Schedule 13G/A, Beneficially owned, Dispositive power, Exhibit 99
4 terms
Schedule 13G/A regulatory
"Amendment to Schedule 13G reporting beneficial ownership"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Beneficially owned regulatory
"Item 4(a) Amount beneficially owned: 6765175.05"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Dispositive power regulatory
"Sole power to dispose or to direct the disposition of: 6765175.05"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Exhibit 99 legal
"Please see Exhibit 99 for 13d-1(k)(1) agreement"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stake did FMR LLC disclose in OLLI?
FMR LLC disclosed ownership of 6,765,175.05 shares, or 11.1% of OLLI. The Schedule 13G/A lists this as the amount beneficially owned and provides the voting and dispositive power breakdown for that position.
Is anyone else reported as owning more than 5% on behalf of FMR?
The filing states one or more other persons may receive dividends or proceeds but no single other person holds over 5%. A full shareholder listing for registered investment companies is not required by the schedule.
What documents or exhibits are referenced in the amendment?
The amendment references an Exhibit 99 agreement and a power of attorney incorporated by reference to Exhibit 24. The signature block cites a power of attorney effective April 13, 2026, and signature dates of May 5, 2026.
What class and CUSIP are covered by this Schedule 13G/A?
The filing covers Common Stock of Ollie's Bargain Outlet Holdings Inc., CUSIP 681116109. The Item 1 and Item 2 cover-page text repeats the issuer name, principal office address, and the class of securities reported.