Trivium Point Advisory Doubles Down on Walmart
Trivium Point Advisory LLC has increased its stake in Walmart Inc. (NASDAQ:WMT) by 19.3% during the second quarter, according to the latest disclosure with the Securities and Exchange Commission. The institutional investor now owns 66,341 shares of the retailer's stock after purchasing an additional 10,723 shares during the quarter.
The value of Trivium Point Advisory LLC's holdings in Walmart was $7,514,000 at the end of the most recent reporting period. This is not the only institution that has recently bought into Walmart; Norges Bank acquired a new position in the company worth approximately $6,458,529,000 during the fourth quarter.
Other institutional investors have also been active in their positions on Walmart. AQR Capital Management LLC grew its stake in the company by 188.1% in the third quarter and now owns 11,663,172 shares of Walmart's stock valued at $1,199,907,000.