5 Best Retail Stocks To Buy Now

03. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders: 67

Total Value of Hedge Fund Holdings:  $3,785 Million

Walmart Inc. (NYSE:WMT) manages retail, wholesale, and other businesses globally. The business is divided into three divisions: Sam’s Club, Walmart U.S., and Walmart International. The business provides grocery and consumables as well as health and wellness products. Under 46 banners, it runs around 10,500 stores and different e-commerce websites in 24 countries. In February 2018, the business changed its name from Wal-Mart Stores, Inc. to Walmart Inc. The business is headquartered in Bentonville, Arkansas, and was established in 1945.

By the end of the second quarter of 2022, 67 hedge funds out of the 895 tracked by Insider Monkey held stakes in Walmart Inc. (NYSE:WMT), worth roughly $3,785 million. This is compared to the previous quarter’s 60 hedge fund holders with a total stake value of roughly $6,564 million.