Walmart

Investors got the shock of their lives when the pandemic started in March 2020, shutting almost all businesses across the world. However, one company that mightily survived the difficult year was Walmart, as hoarders flocked to the superstores to fill up their pantries. Shareholders of the giant retailer surely celebrated.

Louisville, Kentucky-based firm Cullinan Associates decided to raise its stakes in the superstore by purchasing 95,760 additional shares, making Walmart the firm’s largest holding. It also accounts for 27.4 percent of its diverse portfolio value. The advisory’s total position is over three million.