In a recent 13F filing with the SEC, it was revealed that Robert Olstein's firm, Olstein Capital Management, liquidated its entire stake in General Dynamics (GD) during the second quarter of 2026. The firm sold all 20,500 of its shares, reducing its previously held position of approximately $7.04 million to zero.
Investors should note that 13F filings are submitted to the SEC quarterly and reflect a delay, meaning this trade occurred between March 31 and June 30, 2026. The sale coincides with the acquisition of Olstein Capital Management’s mutual fund business by Easterly Asset Management, which was finalized on June 29, 2026, following a shareholder vote. The liquidation of the General Dynamics position, along with many other holdings, appears to be related to the reorganization of Olstein's funds into the Easterly fund complex.