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Rational Advisors Cuts Stake in Walmart Amid Ongoing Market Shifts

Guavy AI Editorial Team
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WMT
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Rational Advisors Inc. has reduced its stake in Walmart (NASDAQ:WMT) by 60.4% during the second quarter, according to a recent SEC filing.

The fund owned 27,294 shares of Walmart's stock after selling 41,599 shares during the quarter, making its holdings in Walmart worth $3,091,000 as of the most recent SEC filing.

Notably, other hedge funds and institutional investors have also made changes to their positions in Walmart. Brighton Jones LLC boosted its stake in Walmart by 28.8% in the fourth quarter and now owns 98,150 shares of the retailer's stock worth $8,868,000.

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