Bank OZK Bets on Walmart as Institutional Investors Flock to Retail Giant
Bank OZK acquired a new position in Walmart Inc. (NASDAQ:WMT) during the second quarter, according to its Form 13F filing with the SEC.
The institutional investor bought 18,990 shares of the retailer's stock, valued at approximately $2,151,000.
In addition to Bank OZK, other institutional investors also made new positions in Walmart during the second quarter. These include Bank of America Corp DE, Norges Bank, and Legal & General Group Plc.