Banco Bilbao Vizcaya Argentaria Boosts Walmart Stake

Spanish banking group increases holdings in retail giant by nearly 8% in Q3

Mar. 15, 2026 at 8:21am

Banco Bilbao Vizcaya Argentaria S.A., a major Spanish banking group, grew its position in Walmart Inc. (NASDAQ:WMT) by 7.9% during the third quarter of 2026, according to a recent 13F filing with the U.S. Securities and Exchange Commission. The fund now owns 804,144 shares of the retailer's stock, valued at $82.86 million.

Why it matters

Walmart is one of the world’s largest retailers, and institutional investors closely monitor changes in ownership of the company’s stock. BBVA’s increased stake in Walmart suggests the Spanish bank sees continued growth potential in the U.S. retail giant.

The details

According to the 13F filing, BBVA purchased an additional 58,743 shares of Walmart during the third quarter, bringing its total holdings to 804,144 shares. This represents approximately 0.6% of BBVA’s investment portfolio, making Walmart the bank’s 25th largest holding.

  • BBVA filed the 13F report disclosing the increased Walmart stake on March 15, 2026.

The players

Banco Bilbao Vizcaya Argentaria S.A.

A major Spanish banking group that has increased its holdings in Walmart Inc.

Walmart Inc.

One of the world’s largest retailers, headquartered in Bentonville, Arkansas.

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The takeaway

BBVA’s increased stake in Walmart suggests the Spanish bank sees continued growth potential in the U.S. retail giant, underscoring Walmart’s status as a blue-chip investment for major institutional investors around the world.