Robert Olstein Olstein Capital Management
Robert Olstein is the founder of Olstein Capital Management and a long-time advocate of forensic accounting and quality-of-earnings analysis in equity investing. His process looks beyond headline multiples to assess earnings sustainability and balance-sheet risk. Olstein’s work is frequently referenced by investors who prioritize accounting diligence.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Generac Holdings
GNRC
|
+$4.87M |
| 2 |
Medtronic
MDT
|
+$4.4M |
| 3 |
Zimmer Biomet
ZBH
|
+$4.12M |
| 4 |
Mastercard
MA
|
+$3.98M |
| 5 |
Visa
V
|
+$3.33M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dollar Tree
DLTR
|
+$7.04M |
| 2 |
Lowe's Companies
LOW
|
+$5.48M |
| 3 |
CVS Health
CVS
|
+$4.71M |
| 4 |
WCC
WESCO International
WCC
|
+$4.32M |
| 5 |
Equifax
EFX
|
+$4.31M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 18.47% |
| 2 | Consumer Discretionary | 16.88% |
| 3 | Financials | 15.92% |
| 4 | Healthcare | 15.23% |
| 5 | Technology | 13.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Timken Company
TKR
$8.67B
| $8.11M | 0.97% |
117,100
| – | – |
|
52
Berkshire Hathaway Class B
BRK.B
$1.06T
| $8.07M | 0.96% |
27,000
-5,000
| -16% | -$1.43M |
|
53
Travelers Companies
TRV
$75.8B
| $7.98M | 0.95% |
51,000
| – | – |
|
54
Apple
AAPL
$4.51T
| $7.81M | 0.93% |
44,000
-23,000
| -34% | -$3.63M |
|
55
CBRE Group
CBRE
$44B
| $7.81M | 0.93% |
72,000
| – | – |
|
56
LKQ Corp
LKQ
$6.52B
| $7.8M | 0.93% |
130,000
-21,000
| -14% | -$1.19M |
|
57
Prosperity Bancshares
PB
$8.75B
| $7.55M | 0.9% |
104,500
| – | – |
|
58
Booking.com
BKNG
$158B
| $7.44M | 0.89% |
77,500
+9,375
| +14% | +$889K |
|
59
Carrier Global
CARR
$49.8B
| $7.27M | 0.87% |
134,000
-18,000
| -12% | -$971K |
|
60
Quest Diagnostics
DGX
$27B
| $7.27M | 0.87% |
42,000
-18,000
| -30% | -$2.74M |
|
61
Western Digital
WDC
$166B
| $7.11M | 0.85% |
144,207
+19,845
| +16% | +$862K |
|
62
Kimberly-Clark
KMB
$36.4B
| $7M | 0.84% |
49,000
+2,000
| +4% | +$269K |
|
63
Alphabet (Google) Class C
GOOG
$4.18T
| $6.95M | 0.83% |
48,000
| – | – |
|
|
64
Mastercard
MA
$509B
| $6.83M | 0.81% |
19,000
+11,500
| +153% | +$3.98M |
|
65
Tapestry
TPR
$26B
| $6.65M | 0.79% |
163,760
-45,090
| -22% | -$1.85M |
|
|
66
Visa
V
$693B
| $6.61M | 0.79% |
30,500
+15,500
| +103% | +$3.33M |
|
|
HOLX
67
DELISTED
Hologic
HOLX
| $6.51M | 0.78% |
85,000
+9,190
| +12% | +$676K |
|
68
Universal Health Services
UHS
$10.4B
| $6.22M | 0.74% |
48,000
+11,000
| +30% | +$1.41M |
|
69
Southwest Airlines
LUV
$19.8B
| $6.08M | 0.73% |
142,000
+61,000
| +75% | +$2.86M |
|
70
American Express
AXP
$227B
| $5.89M | 0.7% |
36,000
+3,000
| +9% | +$512K |
|
|
71
Equifax
EFX
$22.6B
| $5.56M | 0.66% |
19,000
-15,500
| -45% | -$4.31M |
|
72
UnitedHealth
UNH
$350B
| $5.52M | 0.66% |
11,000
-6,500
| -37% | -$2.94M |
|
73
Central Garden & Pet Co Class A
CENTA
$2.41B
| $4.93M | 0.59% |
128,750
+11,125
| +9% | +$412K |
|
|
74
Dollar Tree
DLTR
$25.3B
| $4.78M | 0.57% |
34,000
-58,000
| -63% | -$7.04M |
|
75
Keurig Dr Pepper
KDP
$43.6B
| $4.57M | 0.55% |
124,000
| – | – |
|
Similar funds
Robert Olstein's Q4 2021 Portfolio in Review
As of Q4 2021, Robert Olstein held 108 positions worth $838M, up 2.7% from $816M the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Robert Olstein's Q4 2021 filing shows 51 increased, 38 reduced and 6 closed positions. The largest sale was Dollar Tree, an estimated $7.04M.
By sector, the portfolio is most concentrated in Industrials at 18% of assets, up from 18% a quarter earlier, followed by Consumer Discretionary and Financials.
- Robert Olstein added most to Generac Holdings in Q4 2021, an estimated $4.87M increase.
- Robert Olstein's biggest Q4 2021 reduction was Dollar Tree, cutting an estimated $7.04M.
- Robert Olstein fully exited Lowe's Companies in Q4 2021, selling an estimated $5.48M.
- Robert Olstein's ten largest holdings make up 18% of its $838M portfolio in Q4 2021.
- Robert Olstein opened 0 new positions and closed 6 in Q4 2021.
- Robert Olstein's portfolio value rose 2.7% quarter-over-quarter to $838M.
Based on Olstein Capital Management's 13F filing for Q4 2021, filed 27 Jan 2022.