Asset Advisors Investment Management LLC trimmed its position in Costco Wholesale Corporation by 1.7% during the third quarter, reducing its holdings by 877 shares to a total of 50,805 shares. As of the latest Form 13F filing with the SEC, the fund’s Costco stake represents 4.5% of its overall portfolio, making it the firm’s fourth-largest holding. The remaining position carries a reported value of $47.03 million, reflecting the firm’s continued confidence in the membership‐warehouse retailer despite the modest reduction.

A number of smaller funds have recently initiated or expanded positions in Costco. Bulwark Capital Corp established a new stake in the second quarter representing approximately $25,000 in market value, while Soundwatch Capital LLC increased its position by 635.7%, adding 2,206 shares for a total holding valued at $25,000. LFA Lugano Financial Advisors SA and Anderson Financial Strategies LLC initiated new stakes worth $31,000 and $38,000, respectively, with Anderson Financial raising its share count by 900%. Financial Connections Group Inc. also boosted its holding by 975%, acquiring 39 additional shares for a carrying value of $42,000. Collectively, institutional and hedge fund investors own 68.48% of Costco’s outstanding shares.

In late October, two senior executives executed significant sales of company stock. Tiffany Marie Barbre sold 1,239 shares, reducing her ownership by 19.38% to a post‐sale count of 5,155 shares. On the same day, Executive Vice President Claudine Adamo divested 2,700 shares, a 28.27% reduction, leaving her with 6,851 shares. Over the past 90 days, insiders have sold a total of 8,946 shares, generating proceeds of $8.18 million, and now collectively hold just 0.10% of the firm’s equity.