In a quarterly disclosure with the SEC, Robert Olstein's firm, Olstein Capital Management, reported the complete liquidation of its stake in industrial technology company Fortive Corp. The filing, which reflects holdings as of June 30, 2026, shows the sale of all 88,000 shares. It is important to remember that these 13F filings are released with a delay and do not represent a real-time trading activity.
This portfolio change occurred in the same quarter that Easterly Asset Management completed its acquisition of Olstein Capital Management's mutual fund business. The transaction, finalized in late June, involved integrating Olstein's funds into Easterly's structure. Therefore, the exit from Fortive was likely a consequence of this merger and portfolio consolidation rather than a specific investment thesis on Fortive by the original Olstein team.