Who are the largest shareholders?
Walmart's largest shareholders are institutional investors, specifically Walton Enterprises and the Walton Family Holdings Trust. You'll find the top five largest individual and institutional shareholders below.
Individuals
Here are Walmart's largest individual shareholders:
- Jim Walton, the youngest son of Sam Walton, previously served on Walmart's board of directors. He owned 31,521,372 shares of Walmart as of March 2026, which is 0.40% of the company's outstanding shares.
- Alice Walton is the only daughter of Sam Walton and the world's richest woman. She founded a now-shuttered investment bank, Llama Company, and served as chair of the Northwest Arkansas Council. She owned 20,245,740 shares of Walmart as of March 2026, which is 0.25% of the company's outstanding shares.
- Samuel Robson "Rob" Walton is the eldest son of Sam Walton and served as Walmart's chairman from 1992 until 2015. He owned 7,029,557 shares of Walmart as of March 2026, which is 0.09% of the company's outstanding shares.
- Douglas McMillon served as president and CEO of Walmart from 2014 to early 2026. He owned 5,234,284 shares of Walmart as of May 2026, which is 0.07% of the company's outstanding shares.
- Suresh Kumar has been the executive vice president, global chief technology officer, and chief development officer at Walmart since 2019. Kumar owned 1,798,565 shares of Walmart as of March 2026, which is 0.02% of the company's outstanding shares.
The number of shares held by Jim, Alice, and Rob Walton might seem low, given that the Waltons own close to half of Walmart. These are only the shares that each sibling has sole ownership of. They also share control of Walton Enterprises' holdings and the Walton Family Holdings Trust.
Including those holdings, Jim Walton has sole or shared control of 3,547,719,221 Walmart shares. Alice Walton has sole or shared control of 3,536,443,589 Walmart shares, and Rob Walton has sole or shared control of 3,523,227,406 Walmart shares.
