Walmart Stock Holdings Surge as Institutional Investors Pile In

E. Ohman Jor Asset Management AB increased its stake in Walmart Inc. (NASDAQ:WMT) by 48.1% during the second quarter, according to a recent SEC disclosure.

The institutional investor owned 170,280 shares of the retailer's stock after purchasing an additional 55,300 shares during the period. E. Ohman Jor Asset Management AB's holdings in Walmart were worth $19,286,000 at the end of the most recent reporting period.

This is not an isolated case; several other large investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in shares of Walmart by 1.0% during the fourth quarter and now owns 439,957,146 shares of the retailer's stock valued at $49,015,626,000 after buying an additional 4,304,436 shares during the period.