Walmart

WMT • NYSE

Walmart is a discount stores company in the consumer defensive sector on NYSE, led by C. Douglas McMillon, with a market cap of $915.29B. As of Q3 2025, 35% of shares are held by 3,901 institutional investors, with VANGUARD GROUP INC as the largest holder at 5.46%.

President and Chief Executive OfficerC. Douglas McMillon

Market Cap$915.29B

Discount Stores

Consumer Defensive

Employees2.1M

Websitestock.walmart.com

Country

United States of America

Overview

Overview of institutional ownership in WMT as of Q3 2025 with a market cap of $821.68B

All Institutions

Institutions: 3,901
Value Held: $286.95B
Shares Held: 2.79B
Avg Position: $73.6M
Median Position: $1.8M

Hedge Funds

Hedge Funds: 129
Value Held: $6.4B
Shares Held: 62.5M
Avg Position: $49.9M
Median Position: $5.2M

Ownership Breakdown

Institutional (non-HF)

34.14%

$280.51B

Hedge Funds

0.783%

$6.4B

Retail & Other

65.08%

$534.74B

Based on market cap of $821.68B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in WMT as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$44.9B 0.67% of portfolio	5.46% 435.7M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$35.6B 0.63% of portfolio	4.34% 345.7M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$19.0B 0.66% of portfolio	2.32% 184.8M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$12.0B 0.77% of portfolio	1.46% 116.6M shares	≤ Q2 2013 Held for 12y 5m+	$1.56T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$9.9B 0.63% of portfolio	1.21% 96.5M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$8.8B 0.53% of portfolio	1.07% 85.3M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$7.7B 0.58% of portfolio	0.94% 74.8M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
NORTHERN TRUST CORP Institution	Michael G. O'Grady CEO	$4.3B 0.55% of portfolio	0.53% 42.0M shares	≤ Q2 2013 Held for 12y 5m+	$782.01B
FMR LLC Institution	-	$4.3B 0.22% of portfolio	0.52% 41.4M shares	≤ Q2 2013 Held for 12y 5m+	$1.92T
F Fisher Asset Management, LLC Institution	-	$4.2B 1.50% of portfolio	0.51% 40.3M shares	≤ Q2 2013 Held for 12y 5m+	$276.29B

Net Capital Flow

Institutional buying and selling activity for WMT in Q3 2025

Net Flow: −$4.2B
Buyers: 1,773
Sellers: 1,602
Total Bought: +$10.8B
Total Sold: −$15.0B
Avg Position: $74.7M

Biggest Buyers

Institution	Net Bought	Current Position
JPMORGAN CHASE & CO Institution	+$1.9B +18.3M shares	$12.0B 116.6M shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$783.3M +7.6M shares	$1.2B 11.7M shares
BARCLAYS PLC Institution	+$562.8M +5.5M shares	$1.4B 13.1M shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	+$529.5M +5.1M shares	$555.0M 5.4M shares
Marshall Wace LLP Institution	+$422.5M +4.1M shares	$784.9M 7.6M shares
A Amundi Institution	+$411.2M +4.0M shares	$2.4B 23.5M shares
VANGUARD GROUP INC Institution	+$395.3M +3.8M shares	$44.9B 435.7M shares
D D. E. Shaw & Co., Inc. Institution	+$284.3M +2.8M shares	$552.1M 5.4M shares
C CANADA PENSION PLAN INVESTMENT BOARD Institution	+$234.6M +2.3M shares	$629.4M 6.1M shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$232.5M +2.3M shares	$248.1M 2.4M shares

Biggest Sellers

Institution	Net Sold	Current Position
Peterson Wealth Services RIA/Wealth	−$7.1B −37.1K shares	$3.8M 20.0 shares
FMR LLC Institution	−$995.8M −9.7M shares	$4.3B 41.4M shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	−$398.3M −3.9M shares	$37.4M 363.2K shares
JENNISON ASSOCIATES LLC Long Only Manager	−$353.1M −3.4M shares	$2.2B 21.0M shares
B BNP Paribas Investment Partners S.A. Institution	−$227.6M −2.3M shares	Sold Off 0 shares
A Assenagon Asset Management S.A. Institution	−$212.2M −2.1M shares	$217.6M 2.1M shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	−$190.2M −1.8M shares	$1.3B 12.7M shares
H HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Institution	−$180.0M −1.7M shares	$18.9M 183.7K shares
AMERIPRISE FINANCIAL INC Institution	−$173.3M −1.7M shares	$3.1B 30.3M shares
LOS ANGELES CAPITAL MANAGEMENT & EQUITY RESEARCH INC Long Only Manager	−$172.6M −1.7M shares	$31.3M 303.6K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited WMT in Q3 2025

New Positions: 87
New Value: $198.9M
Exited Positions: 98
Exited Value: $499.8M

New Positions

Institution	Position Value
Cartenna Capital, LP Hedge Fund•Long/Short	$103.1M 1.0M shares
Point72 Europe LLP Digital Asset Manager	$19.5M 189.1K shares
Jain Global LLC Hedge Fund•Multi-Strategy	$10.8M 104.8K shares
T TEMA ETFS LLC Institution	$7.3M 71.0K shares
Morningstar Investment Management LLC Long Only Manager	$5.7M 54.9K shares
CMH Wealth Management LLC RIA/Wealth	$5.0M 48.8K shares
CAPITAL INTERNATIONAL INC /CA/ Long Only Manager	$3.1M 29.9K shares
Aster Capital Management Ltd RIA/Wealth	$3.0M 29.0K shares
Blackstone Group L.P. Institution	$2.6M 24.8K shares
S Stonegate Management LLC Institution	$2.4M 22.8K shares

Exited Positions

Institution	Previous Position
B BNP Paribas Investment Partners S.A. Institution	$227.6M 2.3M shares
A AXA Institution	$73.0M 747.0K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$37.2M 380.1K shares
S SIMPLEX TRADING, LLC Institution	$19.8M 202.3K shares
R Rokos Capital Management LLP Hedge Fund•Global Macro	$17.7M 181.2K shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	$12.6M 128.6K shares
Q Quadrature Capital Ltd Institution	$11.5M 117.7K shares
S Sienna Gestion Institution	$7.9M 88.3K shares
T TCW GROUP INC Institution	$6.6M 67.9K shares
Weiss Asset Management LP Hedge Fund•Multi-Strategy	$5.9M 60.4K shares

Options Activity

Institutions with the largest Call and Put options positions in WMT as of Q3 2025

Call Positions: 62
Call Value: $4.0B
Put Positions: 74
Put Value: $3.4B

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$955.0M 92.7K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$793.9M 77.0K contracts
J JANE STREET GROUP, LLC Institution	$528.9M 51.3K contracts
W WOLVERINE TRADING, LLC Institution	$251.8M 24.4K contracts
GOLDMAN SACHS GROUP INC Institution	$243.2M 23.6K contracts
R ROYAL BANK OF CANADA Institution	$195.8M 19.0K contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$135.9M 13.2K contracts
Walleye Trading LLC RIA/Wealth	$89.8M 8.7K contracts
BANK OF AMERICA CORP /DE/ Institution	$70.6M 6.9K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$60.3M 5.8K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$816.2M 79.2K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$480.2M 46.6K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$222.3M 21.6K contracts
W WOLVERINE TRADING, LLC Institution	$195.3M 18.9K contracts
J JANE STREET GROUP, LLC Institution	$185.2M 18.0K contracts
CITIGROUP INC Institution	$142.0M 13.8K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$139.3M 13.5K contracts
BANK OF AMERICA CORP /DE/ Institution	$123.3M 12.0K contracts
E Eisler Capital Management Ltd. Institution	$118.5M 11.5K contracts
UBS Group AG Institution	$110.0M 10.7K contracts

Most Committed Institutions

Institutions with WMT as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
H Hexagon Capital Partners LLC RIA/Wealth	Dustin Clay Colebank Managing Partner	47.55% $237.1M	0.03% 2.3M shares	Q3 2020 Held for 5y 2m	$498.7M
HERITAGE OAK WEALTH ADVISORS LLC RIA/Wealth	Micah Gibson Managing Partner	36.07% $94.8M	0.01% 919.7K shares	Q2 2024 Held for 1y 5m	$262.8M
Uniting Wealth Partners, LLC RIA/Wealth	Scott Henry Shepherd Managing Partner	20.75% $86.3M	0.01% 836.9K shares	Q4 2024 Held for 11 months	$415.7M
BancFirst Trust & Investment Management Hedge Fund•Multi-Strategy	Levoyd Elia Robinson CEO	12.81% $33.7M	0.00% 326.6K shares	Q4 2021 Held for 3y 11m	$262.9M
Legacy Capital Wealth Partners, LLC RIA/Wealth	Crystal Dobson Prachyl Member	12.01% $54.5M	0.01% 529.2K shares	Q1 2023 Held for 2y 8m	$454.2M
NEW WAVE WEALTH ADVISORS LLC RIA/Wealth	Hannah Elizabeth Stanley Managing Partner	10.54% $28.8M	0.00% 279.6K shares	Q2 2024 Held for 1y 5m	$273.4M
TLW Wealth Management, LLC RIA/Wealth	Jesse Lee Vervelde Member	9.21% $16.1M	0.00% 156.2K shares	Q2 2019 Held for 6y 5m	$174.8M
Stack Financial Management, Inc RIA/Wealth	Damon Christian Meyer CEO	8.95% $107.9M	0.01% 1.0M shares	Q4 2018 Held for 6y 11m	$1.2B
C Coleford Investment Management Ltd. Institution	-	8.53% $35.5M	0.00% 344.6K shares	Q4 2024 Held for 11 months	$416.4M
Infusive Asset Management Inc. Long Only Manager	Jack Nmn Dwyer CEO	8.43% $18.4M	0.00% 178.3K shares	Q2 2024 Held for 1y 5m	$218.1M

Hedge Fund Spotlight

Discover hedge funds investing in WMT

Entropy Technologies, LP

Hedge Fund • Quant Macro

Portfolio ManagerArjun Rajan Modi

Portfolio Value: $1.3B
Positions: 787
Last Reported: Q3 2025

Sector Allocation

Position in Walmart

Market Value: $13.0M
Shares Held: 125.9K
Portfolio Weight: 0.97%
Owned Since: 2023-Q4

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