Stocks

Rakuten Invests Heavily in Walmart Amidst Retailer's Earnings Upswing

Guavy AI Editorial Team Published September 1, 2026

Instruments

WMT

Rakuten Investment Management Inc., a prominent institutional investor, has made a significant move in its investment portfolio by purchasing 1,094,543 shares of Walmart Inc.'s (NASDAQ:WMT) stock. The purchase was valued at approximately $125,435,000 and represents about 0.4% of Rakuten's total investments.

This acquisition makes Walmart the 17th largest holding in Rakuten's portfolio. Several other hedge funds have also made changes to their stakes in Walmart during the second quarter, with some increasing their holdings and others reducing them.

The purchase price represents a significant increase from Walmart's current stock price of $104.87 per share. The retailer has faced various challenges in recent quarters, including competition from online retailers and increased costs due to supply chain disruptions.

Rakuten Invests Heavily in Walmart Amidst Retailer's Earnings Upswing

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