In a quarterly disclosure filed on July 7, 2026, major investor Robert Olstein's firm, Olstein Capital Management, revealed the complete liquidation of its position in Middleby Corp. The filing, which covers the period ending June 30, 2026, showed the firm sold all 37,500 of its shares in the foodservice and residential kitchen equipment manufacturer. This transaction reduced the firm's previously reported $4.97 million holding in the company to zero.
Investors are reminded that 13F filings are submitted to the SEC quarterly and reflect portfolio holdings as of 45 days before the filing date, so these trades occurred at some point during the second quarter of 2026. During this period, Middleby Corp was in the process of spinning off its food processing business and selling a majority stake in its residential kitchen division. Additionally, Olstein Capital Management's own fund business was acquired by Easterly Asset Management, a transaction subject to shareholder approval around the same time.