Filing Details
EASTERN BANK, a registered investment adviser, reduced its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY) during Q2 2026, according to its most recent 13F filing with the Securities and Exchange Commission.
The firm sold 145,560 shares of the Consumer Cyclical company, reducing its total holdings to 257,959 shares valued at approximately $23.8M as of the filing date. This represents a 36.1% decrease in the position.
Market Context
O'Reilly Automotive, Inc.'s stock currently trades at $91.81 with a market capitalization of $79.4B.
Institutional selling doesn't always signal a bearish outlook. Large funds regularly trim positions for portfolio rebalancing, client redemptions, or to lock in gains. That said, when a major holder like EASTERN BANK reduces exposure to O'Reilly Automotive, Inc., it's worth monitoring whether other institutions are making similar moves.
Consumer discretionary holdings often reflect institutional views on consumer spending strength and economic confidence. Moves in O'Reilly Automotive, Inc. may signal expectations about upcoming earnings and consumer demand trends.
Investors should note that 13F filings reflect holdings as of the end of the reporting quarter and are filed up to 45 days later. The position may have changed since the filing date. 13F data is most useful when analyzed alongside other signals such as insider transactions, analyst ratings, and fundamental trends.
Related Tools: Insider Trades Tracker | View ORLY Stock Page
Frequently Asked Questions
What is a 13F filing?
A 13F filing is a quarterly SEC report required for institutional managers with over $100 million in assets. It discloses equity holdings, providing transparency into how firms like EASTERN BANK position their portfolios.
How can I track institutional ownership of ORLY?
View all institutional holders on our ORLY institutional ownership page.