5 Best Low-Risk Investments in April 2024

4. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders: 85

Beta Value: 0.50

Walmart Inc. (NYSE:WMT), a prominent American retail giant headquartered in Bentonville, Arkansas, is widely recognized for its expansive network of hypermarkets, discount department stores, and strategically positioned grocery outlets across the United States. The company also operates several online marketplaces, including Walmart.com and Jet.com, which connect customers with a wide range of products, including groceries, electronics, and clothing.

Insider Monkey dug through 933 hedge fund portfolios for last year’s fourth quarter and discovered that 85 had bought a stake in the firm. Walmart Inc. (NYSE:WMT)’s largest investor in our database is Ken Fisher’s Fisher Asset Management as it owns $1.5 billion worth of shares.