COSTCO WHSL CORP NEW COST
COM · Common Stock · CUSIP 22160K105 · ISIN US22160K1051
American multinational chain of membership-only stores
- SectorConsumer discretionary
- IndustryRetail-Variety Stores
- HeadquartersIssaquah, WA
- Founded1983
- Websitecostco.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.1bn this quarter). Holder counts are more reliable. Shares outstanding: 443.9m as of 2025-12-10, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $844.49. Options: 64 managers hold calls ($8.1bn notional), 64 hold puts ($8.1bn).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 2,827 |
| Q4 2022 | 2,937 |
| Q1 2023 | 2,942 |
| Q2 2023 | 3,043 |
| Q3 2023 | 3,079 |
| Q4 2023 | 3,345 |
| Q1 2024 | 3,419 |
| Q2 2024 | 3,526 |
| Q3 2024 | 3,591 |
| Q4 2024 | 3,939 |
| Q1 2025 | 3,952 |
| Q2 2025 | 4,010 |
| Q3 2025 | 3,940 |
| Q4 2025 | 4,131 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 1,597 | 1,448 |
| Q2 2024 | 1,624 | 1,491 |
| Q3 2024 | 1,619 | 1,529 |
| Q4 2024 | 1,621 | 1,547 |
| Q1 2025 | 1,754 | 1,809 |
| Q2 2025 | 1,907 | 1,610 |
| Q3 2025 | 1,777 | 1,757 |
| Q4 2025 | 1,669 | 1,829 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $7.3bn | $9.7bn | 1.33 |
| Q2 2025 | $6.9bn | $9.2bn | 1.33 |
| Q3 2025 | $9.2bn | $10.2bn | 1.10 |
| Q4 2025 | $8.1bn | $8.1bn | 1.01 |
Biggest buyers
| Invesco Ltd. | Added | +10.1m |
| Corient Private Wealth LP | Added | +6.3m |
| HSBC HOLDINGS PLC | Added | +1.1m |
| Assenagon Asset Management S.A. | Added | +1.1m |
| VESTOR CAPITAL, LLC | Added | +966.2k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +680.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +577.5k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +572.5k |
| D. E. Shaw & Co., Inc. | Added | +457.0k |
| MARSHALL WACE, LLP | Added | +421.0k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -3.5m |
| FMR LLC | Reduced | -1.3m |
| GOLDMAN SACHS GROUP INC | Reduced | -1.1m |
| Amundi | Reduced | -621.0k |
| JENNISON ASSOCIATES LLC | Reduced | -596.5k |
| Nuveen, LLC | Reduced | -336.4k |
| JANE STREET GROUP, LLC | Reduced | -317.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -308.4k |
| TWO SIGMA ADVISERS, LP | Reduced | -307.1k |
| Capital Research Global Investors | Reduced | -293.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.5bn2.9m shares |
| CITADEL ADVISORS LLC | Reduced | $1.6bn1.8m shares |
| IMC-Chicago, LLC | Reduced | $1.1bn1.2m shares |
| JANE STREET GROUP, LLC | Added | $991.3m1.1m shares |
| D. E. Shaw & Co., Inc. | Added | $292.2m338.9k shares |
| SIMPLEX TRADING, LLC | Added | $289.5m335.7k shares |
| Qube Research & Technologies Ltd | Added | $148.2m171.8k shares |
| Optiver Holding B.V. | Added | $138.8m160.9k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $123.2m142.9k shares |
| GOLDMAN SACHS GROUP INC | Reduced | $105.8m122.7k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.6bn3.1m shares |
| CITADEL ADVISORS LLC | Added | $1.1bn1.3m shares |
| IMC-Chicago, LLC | Reduced | $893.0m1.0m shares |
| JANE STREET GROUP, LLC | Reduced | $708.1m821.1k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $233.4m270.7k shares |
| CITIGROUP INC | Added | $218.9m253.8k shares |
| Qube Research & Technologies Ltd | Added | $204.0m236.6k shares |
| Walleye Trading LLC | Added | $202.6m234.9k shares |
| Hudson Bay Capital Management LP | Added | $172.5m200.0k shares |
| Squarepoint Ops LLC | Added | $161.3m187.1k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2024 | 0 | — | 6 | $11.6m | — |
| Q2 2024 | 0 | — | 1 | $567.4k | — |
| Q3 2024 | 0 | — | 7 | $8.3m | — |
| Q4 2024 | 0 | — | 4 | $7.7m | — |
| Q1 2025 | 0 | — | 4 | $6.0m | — |
| Q2 2025 | 0 | — | 4 | $9.5m | — |
| Q3 2025 | 0 | — | 4 | $9.0m | — |
| Q4 2025 | 0 | — | 3 | $7.0m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-30 | POLIT JAVIER Executive Vice President | Sold | $481.8k558 shares |
| 2025-12-29 | POLIT JAVIER Executive Vice President | Sold | $1.8m2.0k shares |
| 2025-11-07 | Wilcox William Richard Executive Vice President | Sold | $2.2m2.4k shares |
| 2025-10-24 | Adamo Claudine Executive Vice President | Sold | $2.5m2.7k shares |
| 2025-10-24 | Barbre Tiffany Marie Principal Accounting Officer | Sold | $1.2m1.2k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.55% of their portfolio | 43.6m $37.6bn | Added +165.3k |
| BlackRock, Inc. 0.51% of their portfolio | 35.1m $30.3bn | Added +317.6k |
| STATE STREET CORP 0.52% of their portfolio | 18.1m $15.6bn | Reduced -17.6k |
| Invesco Ltd. 1.16% of their portfolio | 14.3m $12.3bn | Added +10.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.55% of their portfolio | 10.4m $8.9bn | Added +26.7k |
| MORGAN STANLEY 0.49% of their portfolio | 9.5m $8.2bn | Added +107.8k |
| Corient Private Wealth LP 0.90% of their portfolio | 7.0m $1.3bn | Added +6.3m |
| BANK OF AMERICA CORP /DE/ 0.42% of their portfolio | 6.7m $5.8bn | Reduced -130.0k |
| FMR LLC 0.29% of their portfolio | 6.7m $5.8bn | Reduced -1.3m |
| NORGES BANK 0.56% of their portfolio | 6.0m $5.2bn | Not comparable |
| NORTHERN TRUST CORP 0.54% of their portfolio | 4.9m $4.2bn | Reduced -146.3k |
| ROYAL BANK OF CANADA 0.60% of their portfolio | 4.0m $3.4bn | Added +65.9k |
| Capital World Investors 0.46% of their portfolio | 3.9m $3.4bn | Added +77.7k |
| Bank of New York Mellon Corp 0.53% of their portfolio | 3.5m $3.0bn | Added +171.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.44% of their portfolio | 3.3m $2.8bn | Added +79.1k |
| Fisher Asset Management, LLC 0.93% of their portfolio | 3.2m $2.7bn | Added +31.0k |
| WELLS FARGO & COMPANY/MN 0.51% of their portfolio | 3.0m $2.6bn | Reduced -121.9k |
| JPMORGAN CHASE & CO 0.17% of their portfolio | 3.0m $2.6bn | Reduced -3.5m |
| ALLIANCEBERNSTEIN L.P. 0.78% of their portfolio | 2.8m $2.5bn | Reduced -211.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.50% of their portfolio | 2.8m $2.4bn | Reduced -308.4k |
| UBS Group AG 0.46% of their portfolio | 2.7m $2.3bn | Reduced -141.7k |
| GOLDMAN SACHS GROUP INC 0.32% of their portfolio | 2.6m $2.2bn | Reduced -1.1m |
| Amundi 0.60% of their portfolio | 2.6m $2.2bn | Reduced -621.0k |
| Legal & General Group Plc 0.48% of their portfolio | 2.5m $2.1bn | Reduced -48.0k |
| HSBC HOLDINGS PLC 0.55% of their portfolio | 2.3m $2.0bn | Added +1.1m |
| JENNISON ASSOCIATES LLC 1.15% of their portfolio | 2.2m $1.9bn | Reduced -596.5k |
| Nuveen, LLC 0.49% of their portfolio | 2.2m $1.9bn | Reduced -336.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.18% of their portfolio | 2.0m $1.7bn | Added +230.6k |
| BANK OF MONTREAL /CAN/ 0.63% of their portfolio | 1.8m $1.5bn | Reduced -91.2k |
| AMERICAN CENTURY COMPANIES INC 0.75% of their portfolio | 1.7m $1.5bn | Added +121.8k |
| DIMENSIONAL FUND ADVISORS LP 0.30% of their portfolio | 1.7m $1.4bn | Reduced -32.2k |
| AMERIPRISE FINANCIAL INC 0.30% of their portfolio | 1.5m $1.3bn | Added +57.6k |
| BARCLAYS PLC 0.49% of their portfolio | 1.4m $1.2bn | Reduced -23.8k |
| DEUTSCHE BANK AG\ 0.40% of their portfolio | 1.4m $1.2bn | Added +289.5k |
| RAYMOND JAMES FINANCIAL INC 0.37% of their portfolio | 1.4m $1.2bn | Added +29.7k |
| Swiss National Bank 0.62% of their portfolio | 1.2m $1.0bn | Reduced -63.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.52% of their portfolio | 1.2m $1.0bn | Reduced -34.6k |
| Assenagon Asset Management S.A. 1.47% of their portfolio | 1.1m $980.9m | Added +1.1m |
| California Public Employees Retirement System 0.55% of their portfolio | 1.1m $957.4m | Reduced -50.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.60% of their portfolio | 1.1m $950.9m | Added +572.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.55% of their portfolio | 1.1m $935.1m | Reduced -21.9k |
| LPL Financial LLC 0.25% of their portfolio | 1.1m $919.5m | Reduced -16.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.58% of their portfolio | 1.0m $859.9m | Added +50.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.50% of their portfolio | 989.6k $853.4m | Added +577.5k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.56% of their portfolio | 975.0k $840.8m | Added +47.1k |
| VESTOR CAPITAL, LLC 0.08% of their portfolio | 970.8k $1.2m | Added +966.2k |
| D. E. Shaw & Co., Inc. 0.61% of their portfolio | 923.7k $796.5m | Added +457.0k |
| National Pension Service 0.59% of their portfolio | 919.2k $792.7m | Reduced -78.4k |
| FRANKLIN RESOURCES INC 0.18% of their portfolio | 845.7k $729.3m | Added +9.7k |
| NEUBERGER BERMAN GROUP LLC 0.54% of their portfolio | 835.6k $720.6m | Reduced -41.0k |
| RHUMBLINE ADVISERS 0.58% of their portfolio | 831.0k $716.6m | Reduced -21.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 2.51% of their portfolio | 826.7k $712.9m | Added +349.3k |
| NATIONAL BANK OF CANADA /FI/ 0.70% of their portfolio | 785.4k $677.2m | Added +185.8k |
| EVERETT HARRIS & CO /CA/ 8.18% of their portfolio | 784.1k $676.2m | Reduced -3.3k |
| ProShare Advisors LLC 1.17% of their portfolio | 769.6k $663.7m | Added +214.5k |
| TD Asset Management Inc 0.52% of their portfolio | 752.3k $648.7m | Reduced -176.2k |
| STIFEL FINANCIAL CORP 0.56% of their portfolio | 723.9k $624.4m | Reduced -22.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.61% of their portfolio | 702.4k $605.7m | Reduced -8.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.93% of their portfolio | 693.0k $597.6m | Added +680.0k |
| APG Asset Management N.V. 1.40% of their portfolio | 671.9k $493.3m | Added +256.9k |
| PARNASSUS INVESTMENTS, LLC 1.48% of their portfolio | 662.4k $571.3m | Added +242.0k |
| Swedbank AB 0.54% of their portfolio | 642.0k $553.7m | Added +9.2k |
| Capital International Investors 0.09% of their portfolio | 640.4k $552.2m | Added +113.8k |
| Emerald Advisors, LLC 75.07% of their portfolio | 639.8k $551.7m | Added +16.2k |
| ACADIAN ASSET MANAGEMENT LLC 0.91% of their portfolio | 639.4k $551.3m | Added +305.9k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.62% of their portfolio | 627.4k $541.1m | Added +336.1k |
| PNC Financial Services Group, Inc. 0.29% of their portfolio | 626.3k $540.1m | Added +44.7k |
| CITADEL ADVISORS LLC 0.36% of their portfolio | 614.6k $530.0m | Added +138.5k |
| Qube Research & Technologies Ltd 0.74% of their portfolio | 602.6k $519.7m | Added +26.8k |
| Baird Financial Group, Inc. 0.80% of their portfolio | 598.1k $515.8m | Added +5.4k |
| BESSEMER GROUP INC 0.79% of their portfolio | 593.6k $511.9m | Reduced -157.8k |
| FIRST TRUST ADVISORS LP 0.37% of their portfolio | 586.5k $505.7m | Added +96.6k |
| Capital Research Global Investors 0.09% of their portfolio | 575.7k $496.5m | Reduced -293.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.14% of their portfolio | 564.9k $487.1m | Reduced -42.5k |
| Rathbones Group PLC 0.93% of their portfolio | 549.3k $473.6m | Added +280.5k |
| PROVIDENT TRUST CO 7.90% of their portfolio | 547.3k $471.9m | Reduced -23.4k |
| CITIGROUP INC 0.32% of their portfolio | 546.4k $471.2m | Added +16.4k |
| BLAIR WILLIAM & CO/IL 1.21% of their portfolio | 521.2k $449.4m | Reduced -30.4k |
| Man Group plc 0.86% of their portfolio | 519.6k $448.1m | Added +118.8k |
| US BANCORP \DE\ 0.52% of their portfolio | 517.9k $446.7m | Added +3.4k |
| MARSHALL WACE, LLP 0.43% of their portfolio | 512.0k $441.5m | Added +421.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.59% of their portfolio | 509.2k $439.1m | Reduced -8.2k |
| Bank Julius Baer & Co. Ltd, Zurich 1.20% of their portfolio | 505.6k $436.2m | Added +124.6k |
| SG Americas Securities, LLC 0.53% of their portfolio | 466.8k $402.5m | Added +394.2k |
| Russell Investments Group, Ltd. 0.41% of their portfolio | 436.8k $376.8m | Added +50.0k |
| Williams Jones Wealth Management, LLC. 4.19% of their portfolio | 430.0k $370.8m | Reduced -5.0k |
| HighTower Advisors, LLC 0.40% of their portfolio | 419.5k $361.8m | Reduced -5.3k |
| AVIVA PLC 0.61% of their portfolio | 418.0k $360.4m | Added +21.8k |
| PRUDENTIAL FINANCIAL INC 0.43% of their portfolio | 416.9k $359.5m | Added +24.7k |
| Capitolis Liquid Global Markets LLC 2.14% of their portfolio | 415.4k $358.2m | Added +111.5k |
| Cerity Partners LLC 0.51% of their portfolio | 405.8k $349.9m | Added +2.3k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 1.28% of their portfolio | 403.6k $348.1m | Reduced -30.9k |
| Caisse de depot et placement du Quebec 0.59% of their portfolio | 401.2k $346.0m | Reduced -17.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.47% of their portfolio | 399.9k $344.8m | Added +100.3k |
| CHILTON INVESTMENT CO INC. 7.14% of their portfolio | 396.6k $342.0m | Added +1.6k |
| Mariner, LLC 0.41% of their portfolio | 396.3k $341.8m | Reduced -3.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.60% of their portfolio | 395.5k $341.1m | Reduced -10.2k |
| Rockefeller Capital Management L.P. 0.61% of their portfolio | 394.3k $340.0m | Added +66.9k |
| SCOTIA CAPITAL INC. 1.37% of their portfolio | 393.7k $339.5m | Added +8.3k |
| Chevy Chase Trust Holdings, LLC 0.92% of their portfolio | 393.3k $339.2m | Reduced -13.8k |