- Today
- Holidays
- Birthdays
- Reminders
- Cities
- Atlanta
- Austin
- Baltimore
- Berwyn
- Beverly Hills
- Birmingham
- Boston
- Brooklyn
- Buffalo
- Charlotte
- Chicago
- Cincinnati
- Cleveland
- Columbus
- Dallas
- Denver
- Detroit
- Fort Worth
- Houston
- Indianapolis
- Knoxville
- Las Vegas
- Los Angeles
- Louisville
- Madison
- Memphis
- Miami
- Milwaukee
- Minneapolis
- Nashville
- New Orleans
- New York
- Omaha
- Orlando
- Philadelphia
- Phoenix
- Pittsburgh
- Portland
- Raleigh
- Richmond
- Rutherford
- Sacramento
- Salt Lake City
- San Antonio
- San Diego
- San Francisco
- San Jose
- Seattle
- Tampa
- Tucson
- Washington
Elevatus Wealth Management Boosts Stake in Walmart Inc.
Institutional investor increases position in retail giant by nearly 800%
Mar. 12, 2026 at 8:34am
Got story updates? Submit your updates here. ›
Elevatus Wealth Management, an institutional investor, has significantly increased its stake in Walmart Inc. (NASDAQ:WMT) by 792.8% in the third quarter, according to a recent SEC filing. The fund now owns 45,177 shares of the retailer's stock, valued at $4.66 million.
Why it matters
Walmart is one of the world's largest retailers, and institutional investor activity in the stock can provide insights into market sentiment and future performance. Elevatus Wealth Management's substantial increase in its Walmart position suggests the firm sees significant upside potential in the stock.
The details
According to the SEC filing, Elevatus Wealth Management added 40,117 shares of Walmart to its portfolio during the third quarter, bringing its total position to 45,177 shares. This represents a 792.8% increase in the firm's Walmart holdings. Walmart now makes up approximately 1.3% of Elevatus Wealth Management's total portfolio.
- Elevatus Wealth Management increased its Walmart stake in the third quarter of 2026.
The players
Elevatus Wealth Management
An institutional investment firm that has significantly increased its position in Walmart Inc.
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 a membership warehouse chain.
The takeaway
Elevatus Wealth Management's substantial increase in its Walmart stake suggests the firm sees significant long-term potential in the retail giant, which could signal positive market sentiment and future performance for the stock.
