Stocks
Paralel Advisors Cuts Stake in Walmart by 40.7%
Paralel Advisors LLC has adjusted its position in Walmart Inc. (NASDAQ:WMT), reducing its stake by 40.7% during the second quarter, according to its latest Form 13F filing with the Securities and Exchange Commission.
The fund owned 160,000 shares of Walmart's stock after selling 110,000 shares during this period. This represents about 0.7% of Paralel Advisors LLC's investment portfolio, making it the company's 19th largest holding.
Paralel Advisors LLC's holdings in Walmart were valued at $18,122,000 at the end of the second quarter. Other institutional investors and hedge funds have also made changes to their positions in Walmart during this period.