Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently increased stock shares of Ross Stores Inc. (NASDAQ:ROST).

SEC data indicate that these institutions significantly increased their stock shares of Ross Stores Inc. in Q3 2011:

SIGMA CAPITAL MANAGEMENT LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 500,000 shares, worth $39,245,000.

TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY: On 06/30/2011, held 0 shares. On 09/30/2011, held 428,200 shares, worth $33,609,418.

MORGAN STANLEY: On 06/30/2011, held 0 shares. On 09/30/2011, held 376,528 shares, worth $29,553,683.

1798 GLOBAL PARTNERS (CAYMAN ISLANDS) LTD.: On 06/30/2011, held 0 shares. On 09/30/2011, held 219,400 shares, worth $17,220,706.

MARKETFIELD ASSET MANAGEMENT, LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 216,000 shares, worth $16,953,840.

About the company: Ross Stores, Inc. operates a national chain of off-price retail apparel stores. The stores offer brand-name apparel, apparel-related merchandise for the entire family, fragrances, gift items, and linens for the home.

Competitors to Watch: Citi Trends, Inc. (NASDAQ:CTRN), Syms Corp. (NASDAQ:SYMS), Stein Mart, Inc. (NASDAQ:SMRT), Stage Stores, Inc. (NYSE:SSI), Nordstrom, Inc. (NYSE:JWN), Abercrombie & Fitch Co. (NYSE:ANF), Urban Outfitters, Inc. (NASDAQ:URBN), American Eagle Outfitters (NYSE:AEO), The Gap Inc. (NYSE:GPS), and The Buckle, Inc. (NYSE:BKE).

(Note: Data regarding Ross Stores Inc.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

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