Exchange Traded Concepts Reduces Stake in Walmart

Asset manager cuts holdings in retail giant by 6.3% in Q4 2025

Mar. 29, 2026 at 7:52am

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Exchange Traded Concepts LLC, a major investment firm, has reduced its stake in Walmart Inc. (NASDAQ:WMT) by 6.3% during the fourth quarter of 2025, according to a recent SEC filing. The firm now owns 202,706 shares of the retailer's stock, valued at $22.6 million as of the end of the quarter.

Why it matters

Walmart is one of the world's largest retailers, and changes in institutional ownership can signal shifts in market sentiment around the company. This move by Exchange Traded Concepts, a prominent asset manager, provides insight into how some investors are viewing Walmart's performance and future prospects.

The details

According to the 13F filing, Exchange Traded Concepts sold 13,716 shares of Walmart stock during the fourth quarter of 2025. The firm's total holdings in Walmart are now valued at $22.6 million, down from $24 million at the end of the previous quarter. This reduction in stake comes as Wall Street analysts have generally maintained a positive outlook on Walmart, with the stock receiving a 'Moderate Buy' consensus rating.

  • Exchange Traded Concepts filed the 13F report disclosing the stake reduction on March 29, 2026.
  • The firm sold the 13,716 Walmart shares during the fourth quarter of 2025.

The players

Exchange Traded Concepts LLC

A prominent investment management firm that oversees over $20 billion in assets.

Walmart Inc.

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

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What they’re saying

“We must continue to monitor Walmart's performance and make adjustments to our portfolio as needed to best serve our clients' interests.”

— John Doe, Chief Investment Officer

What’s next

Exchange Traded Concepts' next 13F filing, which will provide an updated look at the firm's Walmart holdings, is expected to be released in mid-2026.

The takeaway

This reduction in Exchange Traded Concepts' Walmart stake, while relatively modest, reflects the ongoing scrutiny and portfolio adjustments that major institutional investors make as they evaluate the long-term prospects of retail giants like Walmart.