CTC 13F: Exits Walmart (WMT) Stake

In its latest regulatory filing with the SEC, CTC disclosed that it has sold out of its entire position in Walmart Inc. (WMT). The firm liquidated 13,537 shares during the period ended May 21, 2026. This exit follows a pattern for the investment firm, which also closed out positions in other major companies like JD.com and Super Micro Computer during the same reporting cycle.

CTC Exits Walmart Position

The fund's exit from Walmart represents a total liquidation of its previous stake. Prior to the sale, CTC held 13,537 shares. By the end of the reporting period on May 21, 2026, the firm's share count dropped to zero. It's important to note that 13F filings are backward-looking and show what a fund held at the end of a specific quarter; they don't necessarily reflect what the firm owns today.

Walmart Stock Performance

On Friday, Walmart shares were trading at $113.26. The stock has stayed within a 52-week range of $98.88 to $135.16. At current levels, the stock is trading slightly above its 50-day moving average of $108.77 but below its 200-day average of $118.23. The company currently carries a price-to-earnings (P/E) ratio of 42.7, while its forward P/E—which looks at estimated future profits—sits at 36.5.

Recent Earnings and Dividend

Walmart continues to show growth in its core business. In its most recent financial reporting, the company posted revenue of $735.84 billion, a 5.9% increase. The retailer maintains a net margin of 3.0% and a return on equity of 22.3%. Investors can look forward to the next earnings report scheduled for November 19, 2026. For those focused on income, Walmart pays an annual dividend yield of 0.84% with a payout ratio of 35.0%, suggesting the company uses about a third of its earnings to cover the dividend.

Insider Buying and Selling at Walmart Inc.

While CTC was exiting its position, several insiders were also selling shares. On June 16, 2026, the Walton Family Holdings Trust sold 4,424,704 shares at an average price of $121.09, a transaction valued at roughly $535.8 million. Just two days later, on June 18, 2026, Executive Vice President Nicholas Christopher James sold 2,900 shares at $118.19 each under a pre-arranged trading plan.

Wall Street analysts generally remain positive on the stock. On October 15, 2026, Deutsche Bank upgraded Walmart to a Buy rating and raised its price target to $136.00. BTIG and DA Davidson also reiterated Buy ratings in September, with price targets of $140.00 and $132.00, respectively. Currently, the consensus among 40 analysts is a Buy, with an average price target of $127.35.

About Walmart Inc.

Walmart is the world's largest retailer, operating a massive network of supercenters, discount stores, and Sam's Club warehouse locations. Beyond its physical stores, the company has heavily invested in e-commerce and digital payments to compete with online rivals. As a staple of the consumer defensive sector, its performance is often seen as a bellwether for the health of the American shopper.

What's Ahead for Walmart Inc.

This liquidation by CTC is a backward-looking data point, but it provides a clear picture of how one institutional investor moved away from the retail sector earlier this year. Investors should keep an eye on the November 19 earnings report to see if Walmart can maintain its growth trajectory in a shifting retail landscape.