Walmart Shares Sold by Investment Firm

Lathrop Investment Management Co. reduces stake in retail giant Walmart Inc.

Published on Mar. 2, 2026

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Lathrop Investment Management Co. has reduced its position in Walmart Inc. (NASDAQ:WMT) by 5.8% during the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The investment firm previously owned 258,736 shares of the retailer's stock, valued at $26,665,000, but sold 15,835 shares during the quarter.

Why it matters

Walmart is one of the largest and most influential retailers in the world, so changes in institutional ownership of the company's stock can provide insights into broader market trends and investor sentiment around the business.

The details

Lathrop Investment Management Co. cited the sale of 15,835 Walmart shares, reducing its total position to 258,736 shares. The firm's holdings in Walmart now make up about 4.9% of its total portfolio. Other institutional investors and hedge funds have also recently adjusted their Walmart positions, with some increasing and others decreasing their stakes in the company.

  • Lathrop Investment Management Co. made the share sales during the third quarter of the year.

The players

Lathrop Investment Management Co.

An investment management firm that previously held a sizable position in Walmart Inc. stock.

Walmart Inc.

A multinational retail corporation that operates a broad portfolio of store formats and digital services, including large-format supercenters, discount department stores, neighborhood grocery stores, and the Sam's Club membership warehouse chain.

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The takeaway

The reduction in Lathrop Investment Management's Walmart holdings reflects broader shifts in institutional investor sentiment around the retail sector, as some firms adjust their portfolios in response to changing market conditions and consumer trends.