Steven Cohen's Point72 Asset Management liquidated its entire position in off-price retailer Ross Stores (ROST) during the second quarter of 2026. The sale involved all 1.10 million shares held by the firm, which were valued at approximately $237.89 million at the end of the prior quarter.
This trade information was disclosed in a quarterly 13F filing with the SEC, meaning the transactions occurred between April 1 and June 30, 2026. The exit came ahead of Ross Stores reporting strong second-quarter results on August 20th, with a 13% increase in total sales and a 10% rise in comparable-store sales, driven by increased customer traffic.