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Institutional Ownership · SEC Form 13F

Who owns WMT (WMT)


Which tracked institutional funds hold WMT, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See WMT company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

4,394
Institutional holders
2,904,229,990
Shares held (tracked funds)
85.0%
Of shares outstanding

How the tape is positioned

The tracked-fund tape on WMT is one-sided between 2025-Q4 and 2026-Q1: 1752 added or opened and 523 trimmed or exited — on balance accumulating.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

WMT’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.7% of its own reported 13F book, while the median holder sizes it at 0.7% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in WMT divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 4393 tracked filers holding WMT, 1974 increased or opened the position and 2211 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in WMT between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 120

  • VANGUARD CAPITAL MANAGEMENT LLC$35.4B
  • VANGUARD PORTFOLIO MANAGEMENT LLC$11.6B
  • VANGUARD FIDUCIARY TRUST CO$3.1B
  • Vanguard Global Advisers, LLC$1.2B
  • VANGUARD ASSET MANAGEMENT, Ltd$834M
  • Eurizon Capital SGR S.p.A.$277M

Full exits 181

  • VANGUARD GROUP INC$49.0B
  • Qube Research & Technologies Ltd$1.2B
  • NewEdge Advisors, LLC$327M
  • Nearwater Capital Markets, Ltd$185M
  • Capitolis Liquid Global Markets LLC$183M
  • Unisphere Establishment$175M

Largest adds

  • Invesco Ltd.$10.0B
  • BlackRock, Inc.$4.6B
  • STATE STREET CORP$2.5B
  • JPMORGAN CHASE & CO$2.3B
  • GEODE CAPITAL MANAGEMENT, LLC$1.7B
  • MORGAN STANLEY$1.3B

Largest trims

  • MILLENNIUM MANAGEMENT LLC$4.4B
  • NORGES BANK$1.8B
  • JANE STREET GROUP, LLC$1.2B
  • MARSHALL WACE, LLP$727M
  • FRANKLIN RESOURCES INC$678M
  • STIFEL FINANCIAL CORP$663M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
BlackRock, Inc. added350,096,058$43.5B12.4%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new284,852,775$35.4B10.1%2026-Q1
STATE STREET CORP added185,928,865$23.2B6.6%2026-Q1
JPMORGAN CHASE & CO added122,469,785$15.1B4.3%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added105,856,140$13.1B3.7%2026-Q1
Invesco Ltd. added102,571,551$12.7B3.6%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new93,696,778$11.6B3.3%2026-Q1
MORGAN STANLEY added85,906,471$10.7B3.0%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed65,844,247$8.2B2.3%2026-Q1
NORTHERN TRUST CORP added41,765,304$5.2B1.5%2026-Q1
Fisher Asset Management, LLC added40,977,756$5.1B1.5%2026-Q1
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO38,994,947$4.8B1.4%2026-Q1
GOLDMAN SACHS GROUP INC added38,069,182$4.7B1.3%2026-Q1
NORGES BANK trimmed52,848,208$4.6B1.3%2026-Q1
FMR LLC trimmed31,772,767$3.9B1.1%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed30,358,320$3.8B1.1%2026-Q1
WELLS FARGO & COMPANY/MN added29,282,350$3.6B1.0%2026-Q1
Bank of New York Mellon Corp added28,142,040$3.5B1.0%2026-Q1
ROYAL BANK OF CANADA added27,792,734$3.5B1.0%2026-Q1
FRANKLIN RESOURCES INC trimmed27,551,549$3.4B1.0%2026-Q1
AMERIPRISE FINANCIAL INC trimmed27,217,128$3.4B1.0%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added27,078,705$3.4B1.0%2026-Q1
Legal & General Group Plc trimmed26,927,577$3.3B1.0%2026-Q1
VANGUARD FIDUCIARY TRUST CO new24,732,164$3.1B0.9%2026-Q1
RAYMOND JAMES FINANCIAL INC trimmed24,130,868$3.0B0.9%2026-Q1
Nuveen, LLC trimmed23,989,217$3.0B0.8%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ trimmed21,471,189$2.7B0.8%2026-Q1
UBS Group AG trimmed20,057,124$2.5B0.7%2026-Q1
JENNISON ASSOCIATES LLC trimmed19,951,179$2.5B0.7%2026-Q1
BARCLAYS PLC added16,599,102$2.1B0.6%2026-Q1
DIMENSIONAL FUND ADVISORS LP added16,122,394$2.0B0.6%2026-Q1
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main trimmed15,505,517$1.9B0.5%2026-Q1
Amundi trimmed14,403,631$1.8B0.5%2026-Q1
Swiss National Bank added12,864,800$1.6B0.5%2026-Q1
BANK OF MONTREAL /CAN/ added12,370,331$1.5B0.4%2026-Q1
DEUTSCHE BANK AG\ trimmed12,082,073$1.5B0.4%2026-Q1
Sumitomo Mitsui Trust Group, Inc. added11,026,684$1.4B0.4%2026-Q1
Mitsubishi UFJ Asset Management Co., Ltd. added10,525,198$1.3B0.4%2026-Q1
National Pension Service added9,969,043$1.2B0.4%2026-Q1
Vanguard Global Advisers, LLC new9,568,676$1.2B0.3%2026-Q1
AQR CAPITAL MANAGEMENT LLC trimmed9,537,241$1.2B0.3%2026-Q1
ALLIANCEBERNSTEIN L.P. trimmed10,512,677$1.2B0.3%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP trimmed9,174,595$1.1B0.3%2026-Q1
LPL Financial LLC added8,904,910$1.1B0.3%2026-Q1
California Public Employees Retirement System added8,775,480$1.1B0.3%2026-Q1
HSBC HOLDINGS PLC trimmed8,457,802$1.1B0.3%2026-Q1
GATES FOUNDATION TRUST8,390,477$1.0B0.3%2026-Q1
ProShare Advisors LLC added8,341,425$1.0B0.3%2026-Q1
CANADA PENSION PLAN INVESTMENT BOARD added7,910,057$983M0.3%2026-Q1
RHUMBLINE ADVISERS trimmed7,426,952$923M0.3%2026-Q1
BNP PARIBAS FINANCIAL MARKETS added7,030,601$874M0.2%2026-Q1
Capital World Investors added7,028,401$873M0.2%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new6,711,112$834M0.2%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed6,693,281$832M0.2%2026-Q1
CITIGROUP INC added6,359,479$790M0.2%2026-Q1
NATIONAL BANK OF CANADA /FI/ added6,358,346$790M0.2%2026-Q1
PRINCIPAL FINANCIAL GROUP INC trimmed5,928,783$737M0.2%2026-Q1
US BANCORP \DE\ trimmed5,481,909$681M0.2%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added5,367,787$667M0.2%2026-Q1
Capital Wealth Planning, LLC added5,154,836$641M0.2%2026-Q1
NEW YORK STATE COMMON RETIREMENT FUND added4,971,280$618M0.2%2026-Q1
VOYA INVESTMENT MANAGEMENT LLC trimmed4,969,085$617M0.2%2026-Q1
Mariner, LLC added4,909,217$610M0.2%2026-Q1
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added4,722,474$587M0.2%2026-Q1
Bank Julius Baer & Co. Ltd, Zurich added4,713,255$585M0.2%2026-Q1
NEUBERGER BERMAN GROUP LLC trimmed4,629,617$575M0.2%2026-Q1
Capital International Investors trimmed4,526,714$563M0.2%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed4,499,366$559M0.2%2026-Q1
AVIVA PLC trimmed4,377,853$544M0.2%2026-Q1
BESSEMER GROUP INC added4,312,421$536M0.2%2026-Q1
BANK OF NOVA SCOTIA added4,258,338$529M0.2%2026-Q1
VICTORY CAPITAL MANAGEMENT INC added4,124,223$513M0.1%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed4,113,335$511M0.1%2026-Q1
PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO trimmed3,961,361$492M0.1%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC. added3,930,752$489M0.1%2026-Q1
Aberdeen Group plc added3,824,175$475M0.1%2026-Q1
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM trimmed3,821,290$475M0.1%2026-Q1
TRUIST FINANCIAL CORP trimmed3,785,445$470M0.1%2026-Q1
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added3,749,201$466M0.1%2026-Q1
FIFTH THIRD BANCORP added3,721,898$463M0.1%2026-Q1
Universal- Beteiligungs- und Servicegesellschaft mbH added3,698,323$458M0.1%2026-Q1
ADAGE CAPITAL PARTNERS GP, L.L.C. trimmed3,662,026$455M0.1%2026-Q1
Korea Investment CORP trimmed3,507,026$436M0.1%2026-Q1
NEW YORK STATE TEACHERS RETIREMENT SYSTEM trimmed3,501,848$435M0.1%2026-Q1
AMERICAN CENTURY COMPANIES INC trimmed3,468,512$431M0.1%2026-Q1
STIFEL FINANCIAL CORP trimmed3,389,564$421M0.1%2026-Q1
MACKENZIE FINANCIAL CORP trimmed3,387,290$421M0.1%2026-Q1
Focus Partners Wealth trimmed3,385,185$421M0.1%2026-Q1
Zurcher Kantonalbank (Zurich Cantonalbank) added3,352,381$417M0.1%2026-Q1
NEOS Investment Management LLC added3,308,411$411M0.1%2026-Q1
AGF MANAGEMENT LTD added3,303,460$411M0.1%2026-Q1
Caisse de depot et placement du Quebec added3,258,645$405M0.1%2026-Q1
SG Americas Securities, LLC trimmed3,195,932$397M0.1%2026-Q1
Cerity Partners LLC trimmed3,135,477$390M0.1%2026-Q1
Ensign Peak Advisors, Inc trimmed3,074,864$382M0.1%2026-Q1
Robeco Institutional Asset Management B.V. added2,996,022$372M0.1%2026-Q1
DANSKE BANK A/S added2,993,729$372M0.1%2026-Q1
BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed2,981,696$371M0.1%2026-Q1
VANGUARD GROUP INC added439,949,493$49.0B14.0%2025-Q4 stale
Qube Research & Technologies Ltd added11,009,092$1.2B0.3%2025-Q4 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership