Ownership profile
Who owns Walmart?
Walmart is a publicly traded company (NYSE: WMT) incorporated in Delaware; its largest shareholders are members of the founding Walton family (~46% of shares), with no private equity firm owning or controlling the company.
Ownership profile
Walmart
Walmart Inc.
Evidence (10)
Walton family entities (Walton Family Holdings Trust, Walton Family Foundation, etc.) continue to file Form 144 share-sale disclosures with the SEC as of June 2026, confirming ongoing family ownership — not PE ownership
https://www.stocktitan.net/sec-filings/WMT/144-walmart-inc-sec-filing-96ee67d9b834.htmlWalmart trades on the New York Stock Exchange under the ticker WMT
https://www.revenuememo.com/p/who-owns-walmartWalmart went public in 1970 and executed a 3-for-1 stock split in February 2024; market capitalisation exceeds $750 billion as of early 2026
https://www.revenuememo.com/p/who-owns-walmartThe Walton family holds approximately 46% of outstanding shares through Walton Enterprises LLC and the Walton Family Holdings Trust
https://www.revenuememo.com/p/who-owns-walmartNext largest shareholders are institutional investors: Vanguard Group (~6%), BlackRock (~5%), and State Street Corporation (~3%) — no PE firm listed
https://www.revenuememo.com/p/who-owns-walmartSEC EDGAR filings confirm the registrant as 'Walmart Inc.', incorporated in Delaware (State Code: DE), with SEC file number 001-06991 and CIK 0000104169
https://www.sec.gov/Archives/edgar/data/0000104169/000010416924000064/Financial_Report.xlsxNYSE certified approval for listing and registration of Walmart Inc. securities, confirming active exchange listing
https://www.sec.gov/Archives/edgar/data/0000104169/000087666123000797/WMTbonds092723.pdfWalmart common stock is registered on the New York Stock Exchange under symbol 'WMT', confirmed in the company's own SEC Form 10-K
https://www.sec.gov/Archives/edgar/data/104169/000010416920000011/wmtform10-kx1312020.htmRZC Investments is a PE firm funded by Walton grandchildren Tom and Steuart Walton, but it is a separate fund making external investments (e.g., Rapha Cycling Club) — it does not own or control Walmart Inc.
https://fortune.com/2026/02/13/rzc-investments-pauses-waltons-walmart/Walmart itself created a $25M private equity fund to invest in supplier diversity — confirming Walmart as the PE investor, not the PE investee
https://progressivegrocer.com/wal-mart-creates-private-equity-fund-boost-supplier-diversityWhat's uncertain
- Institutional shareholders (Vanguard, BlackRock, State Street) hold index-driven positions; none constitutes PE 'controlled' or 'influenced' ownership as defined here.
- RZC Investments is a PE fund run by Walton family members but invests externally — it is not an owner of Walmart Inc. and should not be confused with the family's direct Walmart shareholding.
- Shareholder percentages sourced from a secondary news article (March 2026); exact figures may shift with ongoing Walton family share sales disclosed in recent Form 144 filings.
- The 10-K source cited for NYSE listing is from FY2020; however, continuous Form 4, Form 144, and 8-K filings through July 2026 confirm the listing remains active.