Ken Fisher Is Selling These 5 Stocks

3. Walmart Inc. (NYSE:WMT

Number of Hedge Fund Holders: 71 

Percentage Decrease in Stake in Q4: 62%  

Walmart Inc. (NYSE:WMT) owns and runs retail stores. It is one of the most reliable retail stocks in the finance world. Among the hedge funds being tracked by Insider Monkey, Washington-based investment firm Fisher Asset Management is a leading shareholder in Walmart Inc. (NYSE: WMT) with 13 million shares worth more than $1.8 billion.

Regulatory filings show that Fisher Asset Management owned more than 5 million shares of Walmart Inc. (NYSE:WMT) worth close to $729 million at the end of December 2021. The firm has featured in the Fisher portfolio since the fourth quarter of 2017.