Curated Wealth Partners 13F: Cuts COST Stake by $387M

Curated Wealth Partners pulled back sharply on its investment in Costco Wholesale Corporation (NasdaqGS: COST), according to a Form 13F filing with the SEC on October 15, 2026. Keep in mind that 13F filings are backward-looking; they show holdings as of the end of the reporting quarter and may not represent the fund's current position.

What Changed in Curated Wealth Partners's Costco Wholesale Position

During the period, Curated Wealth Partners cut its position by 425,631 shares, which translates to a 99.6% decrease from the previous quarter. The fund ended the period holding just 1,489 shares with a reported value of $1,355,496, down heavily from its prior stake of 427,120 shares.

Other Institutional Activity in Costco Wholesale

Other large institutional investors made smaller adjustments to their Costco stakes during the same reporting window. Blackrock Inc. grew its holdings by 744,376 shares, ending with 34,202,834 shares worth about $33,830,364,636. Vanguard Capital Management LLC added 129,811 shares, bringing its total to 28,976,605 shares valued at roughly $28,661,049,347. State Street Corporation lifted its stake by 232,353 shares to finish with 18,384,951 shares worth about $18,184,738,614. Invesco Ltd. grew its position by 359,814 shares, holding 13,989,137 shares valued at around $13,836,795,093. Meanwhile, Geode Capital Management, LLC trimmed its holdings by 31,978 shares, leaving it with 10,627,472 shares worth about $10,511,738,674.

Costco Wholesale Corporation Stock Up 0.9%

Costco shares recently traded around $990.81 as of October 16, 2026. The stock is sitting 6.2% above its 50-day moving average of $932.99 and 2.6% above its 200-day moving average of $965.50. Shares trade about 9.6% below the 52-week high of $1,096.50 and 17.4% above the 52-week low of $844.06.

Recent Earnings

Costco reported trailing-twelve-month revenue of $303.15 billion with basic profitability yielding an EPS of $20.76. The retailer posted a net margin of 3.0% alongside a return on equity of 28.4% and revenue growth of 11.1% year-over-year. Its next quarterly earnings report is scheduled for December 10, 2026.

Dividend

Costco pays an annual dividend yielding 0.6% with a payout ratio of 26.7%.

Insider Buying and Selling at Costco Wholesale Corporation

Company insiders were active in the market in recent weeks. On September 29, 2026, officer Claudine Adamo sold 2,200 shares at an average price of $915.93 for a total value of $2,015,046. On the same date, officer Caton Frates sold 800 shares at an average price of $915.93 for a total value of $733,328. Later, on October 13, 2026, executive vice president Wilcox William Richard sold 1,100 shares at an average price of $958.21 for a total value of $1,054,025.50. On that same day, officer William Richard Wilcox sold another 1,100 shares at an average price of $958.20 for a total value of $1,054,026.

Analysts Set New Price Targets

Wall Street analysts have updated their outlooks on the retailer in recent weeks. On September 25, 2026, Freedom Broker maintained its buy rating with a $1,010 price target. Deutsche Bank maintained a buy rating on September 28, 2026, lowering its target from $1,091 to $1,079. Argus Research reiterated a buy rating with a $1,230 price target on September 28, 2026. RBC Capital reiterated a sector perform rating with a $1,000 price target on October 9, 2026. Tigress Financial maintained a buy rating and raised its target from $1,065 to $1,250 on October 15, 2026. Overall, the stock carries a consensus buy recommendation and a mean price target of $1,066.06 across 36 analyst opinions.

About Costco Wholesale

Costco operates membership-only warehouse clubs that offer low prices on a wide selection of name-brand and private-label goods across multiple countries. The company relies on a high-volume, low-margin model supported by annual membership fees. Institutional position changes like the one from Curated Wealth Partners offer a look at how professional asset managers adjust their retail sector exposure over time.

Bottom Line

Investors tracking Costco should watch for the upcoming earnings report on December 10, 2026, for further financial updates. Remember that 13F filings cover past quarters and may not reflect current holdings.