Walmart's Institutional Investor Stake Grows Significantly

Cambria Investment Management L.P. boosts its Walmart holdings by over 980% in the third quarter.

Published on Mar. 5, 2026

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Cambria Investment Management L.P. significantly increased its stake in Walmart Inc. (NASDAQ:WMT) by 981.0% during the 3rd quarter, according to a recent SEC filing. The investment firm now owns 32,029 shares of the retailer's stock, valued at $3,301,000 as of the latest reporting period.

Why it matters

This large increase in institutional ownership of Walmart stock suggests growing confidence from major investors in the company's performance and future prospects. As one of the world's largest retailers, Walmart's financial health and strategic direction are closely watched by the investment community.

The details

Cambria Investment Management L.P. acquired an additional 29,066 shares of Walmart stock during the third quarter, bringing its total holdings to 32,029 shares. This represents a nearly 10-fold increase in the firm's position compared to the prior quarter. Other major institutional investors, including CWM LLC, Neuberger Berman Group LLC, and Harel Insurance Investments & Financial Services Ltd., also reported increases in their Walmart stakes during the same period.

  • Cambria Investment Management L.P. disclosed its increased Walmart stake in a filing with the SEC on March 5, 2026.
  • The 981.0% increase in Walmart shares occurred during the 3rd quarter of the company's 2027 fiscal year.

The players

Cambria Investment Management L.P.

An investment management firm that significantly boosted its stake in Walmart Inc. during the third quarter.

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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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

The substantial increase in institutional investment in Walmart suggests Wall Street's confidence in the company's ability to navigate the evolving retail landscape and maintain its position as a dominant force in the industry.