The Walton family has revealed a total of almost US$5 billion in equities held as of the end of June this year.
Dubbed the world’s richest family with a net worth of US$238 billion according to the Bloomberg Billionaires Index, the holdings were disclosed by the Walton Investment Team or WIT to the US Securities and Exchange Commission.
ETFs from Vanguard and iShares make up the majority of the holdings revealed in the filing.
With a total of US$2.2 billion, the Vanguard FTSE Emerging Markets ETF is the number one holding of the Walton Investment Team, followed by the Vanguard Short-Term Treasury ETF with US$770 million and the iShares Core MSCI Emerging Markets ETF with US$661 million.
The family holds stakes of over $100 million in the Vanguard Short-Term Bond ETF, the iShares MSCI Emerging Markets ETF, the Vanguard FTSE Developed Markets ETF, the iShares MSCI EAFE ETF and the Vanguard Small-Cap ETF.
Other investments held by the family through the Walton Investment Team include alternative asset manager Apollo Global Management, cloud-based data warehouse company Snowflake and Chinese e-commerce company Pinduoduo.
The nearly US$5 billion in holdings revealed in the latest filing is an increase on the US$3.8 billion disclosed as of the end of 2020 according to Bloomberg.
About half of the family’s US$238 billion fortune is linked to US-based retailer Walmart, which was founded by Sam Walton in 1950.
ETFs and ETPs have experienced record growth locally and around the world. The Australian ETF industry advanced $6.3 billion in August to hit a new milestone of over $125 billion.
Environmental, social, and governance ETFs and ETPs globally gathered net inflows of US$11.24 billion during August according to data from ETFGI, the 66th consecutive month of net inflows.
Jon Bragg
Jon Bragg is a journalist for Momentum Media's Investor Daily, nestegg and ifa. He enjoys writing about a wide variety of financial topics and issues and exploring the many implications they have on all aspects of life.
