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[BUSINESS] · Australia, United States · 2 sources

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Fairtree Asset Management Builds Stake in O'Reilly Automotive

Fairtree Asset Management Pty Ltd disclosed to the U.S. Securities and Exchange Commission that it acquired a new position in O'Reilly Automotive, Inc. (NASDAQ: ORLY). The Australian institutional investor purchased 15,183 shares of the auto parts retailer during the fourth quarter. The filing confirms the transaction and adds Fairtree to the list of holders of O'Reilly stock.

The purchase represents a modest increase in Fairtree's exposure to the U.S. automotive aftermarket sector and reflects ongoing interest from overseas investors in the company’s performance.