Will Wal-Mart Stores’s Top Institutional Shareholders Approve of This Measure?

WalMart (NYSE:WMT): Wal-Mart has decided that a portion of its executive compensation will be based on the company’s compliance overhaul, the result of a federal investigation last year into allegations of bribery in Mexico. Wal-Mart has merged its compliance, ethics, investigations, and legal offices into one organization reporting to its general counsel, in efforts to more effectively address its compliance issues.

These institutional firms indicated owning shares of Wal-Mart Stores Inc. in Q1 2013. They reported owning a total of 269.37 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%.

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%.

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

Alliancebernstein L.P. held 7,160,146 shares on 03/31/2013 worth $535,793,738. This brought the portfolio total to 0.59%.

Blackrock Investment Management LLC held 4,960,015 shares on 03/31/2013 worth $371,157,932. This brought the portfolio total to 0.65%.

Blackrock Inc. held 4,292,130 shares on 03/31/2013 worth $321,180,096. This brought the portfolio total to 0.62%.

Cornerstone Investment Partners LLC held 3,811,751 shares on 03/31/2013 worth $285,233,000. This brought the portfolio total to 4.59%.

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