Assenagon Asset Management Boosts Walmart Stake by 207.2%

Asset management firm Assenagon Asset Management S.A. significantly increased its stake in Walmart Inc. (NASDAQ:WMT) by 207.2% during the second quarter, according to recent SEC filings.

The company now owns 4,033,440 shares of Walmart's stock, making it the retailer's 25th largest holding and accounting for 0.6% of Assenagon Asset Management S.A.'s portfolio.

Assenagon Asset Management S.A.'s total investment in Walmart is valued at $456,827,000, representing about 0.05% of the company's outstanding shares.