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Permanens Capital LP Invests $10.4M in Walmart Amid Institutional Buying

Guavy AI Editorial Team
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WMT
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Permanens Capital L.P., an investment fund, recently acquired a new stake in Walmart Inc. (NASDAQ:WMT) worth approximately $10.40 million.

The fund purchased 91,844 shares of Walmart's stock during the second quarter, which comprises about 1.1% of its overall portfolio and ranks as the company's 22nd largest holding.

This investment marks one of several recent transactions involving Walmart, with other institutional investors also buying or increasing their stakes in the retailer.

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