Will The Extra Spending Benefit Wal-Mart’s Top Institutional Shareholders?

Wal-Mart (NYSE:WMT): Though consumers are experiencing reduced paychecks, the additional taxes haven’t stopped spending. Consumer spending rose 3.2 percent for the first quarter of the year over the same quarter last year, and assisting in the effort is deflation of gas prices.  Average cost per gallon has fallen by $0.28 since a peak in February, and analysts are predicting a further drop of 20 percent — good news for retailers, such as Wal-Mart and Target (NYSE:TGT), which are seeing the benefits of less money being put into the tank.

These institutional firms indicated owning shares of Wal-Mart Stores Inc. in Q1 2013. They reported owning a total of 440.227 million shares on 03/31/2013. The shares closed at $74.83 on 03/31/2013.

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Here are the ten largest positions in Wal-Mart Stores Inc. at the end of March 31st, 2013.

Vanguard Group Inc. held 89,771,128 shares on 03/31/2013 worth $6,717,573,673. This brought the portfolio total to 0.74%.

State Street Corp. held 74,872,232 shares on 03/31/2013 worth $5,602,689,258. This brought the portfolio total to 0.74%.

Blackrock Institutional Trust Company N.A. held 45,601,994 shares on 03/31/2013 worth $3,412,397,295. This brought the portfolio total to 0.7%.

Bank of New York Mellon Corp. held 34,338,581 shares on 03/31/2013 worth $2,569,556,079. This brought the portfolio total to 0.82%.

Blackrock Fund Advisors held 15,093,331 shares on 03/31/2013 worth $1,129,433,986. This brought the portfolio total to 0.43%.

Blackrock Group Ltd held 11,924,313 shares on 03/31/2013 worth $892,296,364. This brought the portfolio total to 0.66%.

Lazard Asset Management LLC held 11,471,203 shares on 03/31/2013 worth $858,390,141. This brought the portfolio total to 1.91%.

Blackrock Advisors LLC held 7,728,507 shares on 03/31/2013 worth $578,324,193. This brought the portfolio total to 0.58%.

Wells Fargo & Company held 7,664,147 shares on 03/31/2013 worth $573,508,134. This brought the portfolio total to 0.3%.

Franklin Resources Inc. held 7,564,055 shares on 03/31/2013 worth $566,018,250. This brought the portfolio total to 0.33%.

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