Japanese Investor Sells Nearly $164 Million Worth of Walmart Shares

Nissay Asset Management Corp Japan, a Japanese investment firm, has reduced its stake in Walmart Inc. (NASDAQ:WMT) by selling off shares worth $163.87 million. In the second quarter, the company sold 10,198 shares of Walmart's stock, trimming its holdings by 0.7%. At the end of June, Nissay Asset Management Corp Japan owned 1,446,829 shares of Walmart's stock.

Walmart is a significant holding for Nissay Asset Management Corp Japan, accounting for 0.7% of the firm's total portfolio. The investment in Walmart has been worth around $163 million as of its most recent filing with the Securities and Exchange Commission (SEC). Other institutions have also made notable changes to their holdings in Walmart during this period.