Bill Gates’s Stock Portfolio: Top 15 Stock Picks

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8. Walmart Inc. (NYSE:WMT)

Bill Gates’s Stake: $888,866,841

Number of Hedge Fund Holders: 105

Share Price Return Between July 1 and November 3: 3.41%

Walmart Inc. (NYSE:WMT), which accounts for 1.86% of Bill Gates’s stock portfolio, is one of his top 15 stock picks.

On October 29, 2025, RBC Capital’s Steven Shemesh raised his price target on Walmart Inc. (NYSE:WMT) from $106 to $116, reiterating his “Outperform” rating, The Fly reported.

This price revision follows investor meetings with Walmart Inc.’s (NYSE:WMT) IR team. The analyst expressed confidence in the company’s leadership position, pricing discipline, and long-term earnings growth potential. Furthermore, Shemesh cited the company’s growing focus on AI-driven efficiencies through its partnership with OpenAI and digital initiatives such as Snap benefits integration. Discussions with management also highlighted consumer health trends and inflation dynamics.

Meanwhile, on the same day, Eli Lilly announced its partnership with Walmart Inc. (NYSE:WMT). With this partnership, the healthcare company will offer its popular weight-loss drug Zepbound at Walmart pharmacies across the U.S. through LillyDirect. Through this collaboration, Walmart looks to deepen its push into the health and wellness sector. Walmart entered the sector in 2019 when it unveiled its first health center.

With its retail stores, eCommerce platforms, and membership clubs, Walmart Inc. (NYSE:WMT) offers groceries, consumer goods, financial services, and health and wellness products.

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