Costco surprised sneaker enthusiasts with a limited release of the Nike SB Dunk Low x Kirkland Signature in select warehouses across New York, Oregon, California and Washington. Priced at $134.99, the gray, sweatshirt-inspired silhouette sold out within hours. Within three days, resale listings on StockX, eBay and GOAT numbered over 660 pairs, commanding markups of roughly 200% to 450% and fetching between $400 and $1,000. The design features an exterior resembling Kirkland’s signature fleece material, a pilled-texture lining, multiple Kirkland emblems on the heel and tongue, and a removable hang tag styled as a Costco Executive Membership card. An interior insole graphic even nods to the retailer’s $1.50 hot dog combo, underscoring Costco’s brand storytelling in its first foray into high-profile footwear collaborations.

In its most recent SEC filing for the third quarter, Independent Advisor Alliance disclosed selling 686 shares of Costco, trimming its total stake to 32,229 shares and reducing Costco’s weight in its portfolio to 0.8%, its 20th largest holding. The divestment lowered the fund’s Costco position value to approximately $29.8 million. Over the same period, Peterson Wealth Services modestly increased its stake by 0.5%, adding 72 shares to reach 13,616, while Fishman Jay A Ltd. MI boosted holdings by 575 shares, up 3.5%. Silver Oak Securities notably expanded its position by 49.3%, adding 1,248 shares to total 3,780, and Permanent Capital Management LP initiated a new stake valued at roughly $874,000. Institutional ownership of Costco remains high at 68.48%.

Principal Financial Group increased its third-quarter position in Costco by acquiring 8,259 additional shares, bringing its total to 1,210,837 and representing 0.27% of Costco’s outstanding shares. The added shares were valued at approximately $1.12 billion at the time of filing. In the same quarter, smaller investors such as LFA Lugano Financial Advisors SA, Financial Connections Group Inc. and Frazier Financial Advisors LLC initiated or expanded positions, although their combined holdings remain under 0.01% of outstanding shares. Institutional investors continue to dominate ownership, underscoring Costco’s appeal to long-term asset managers focused on low-margin, high-volume retail models.