In this piece, we will take a look at the five largest retailers in the world. For more retailers, head on over to 20 Biggest Retailers in the World.
5. The Home Depot, Inc. (NYSE:HD)
Latest Twelve Month Revenue: $157 billion
The Home Depot, Inc. (NYSE:HD) is an American firm that sells home improvement products through its stores. The firm has more than two thousand locations all over the U.S., Mexico, and Canada.
The Home Depot, Inc. (NYSE:HD) won employees’ hearts in February 2023 when it announced that it was increasing annualized compensation by a whopping $1 billion as it raised hourly pay rates to a minimum of $15 per hour. Insider Monkey dug through 943 hedge fund holdings for last year’s December quarter and found out that 61 had owned a stake in the company.
The Home Depot, Inc. (NYSE:HD)’s largest investor is Ken Fisher’s Fisher Asset Management which owns 8.2 million shares that are worth $2.6 billion.
Follow Home Depot Inc. (NYSE:HD)
Follow Home Depot Inc. (NYSE:HD)
4. Costco Wholesale Corporation (NASDAQ:COST)
Latest Twelve Month Revenue: $231 billion
Costco Wholesale Corporation (NASDAQ:COST) is an American membership warehouse operator. The firm has stores all over the world and is headquartered in Issaquah, Washington.
Costco Wholesale Corporation (NASDAQ:COST) might increase its warehouse fees, warned UBS analyst Michael Lasser in February 2023, pointing out that the firm generally raises the fees every five to six years and the last increase came in 2017. 66 of the 943 hedge funds polled by Insider Monkey during Q4 2022 had bought the firm’s shares.
Costco Wholesale Corporation (NASDAQ:COST)’s largest investor is Ken Fisher’s Fisher Asset Management which owns 2.5 million shares that are worth $1.1 billion.
Follow Costco Wholesale Corp W (NASDAQ:COST)
Follow Costco Wholesale Corp W (NASDAQ:COST)
3. CVS Health Corporation (NYSE:CVS)
Latest Twelve Month Revenue: $322 billion
CVS Health Corporation (NYSE:CVS) is a pharmaceutical retailer headquartered in Woonsocket, Rhode Island. The firm operates pharmacies, specialist pharmacy stores, and mail order delivery.
CVS Health Corporation (NYSE:CVS) is pitching in to help solve the homelessness crisis in the U.S. as the firm announced in February 2023 that it is investing $10 million to build an affordable housing apartment in Indianapolis. Insider Monkey’s December quarter of 2022 hedge fund survey revealed that 70 had bought the firm’s shares.
Cliff Asness’ AQR Capital Management is CVS Health Corporation (NYSE:CVS)’s largest investor. It owns 4.2 million shares that are worth $396 million.
Follow Cvs Health Corp (NYSE:CVS)
Follow Cvs Health Corp (NYSE:CVS)
2. Amazon.com, Inc. (NASDAQ:AMZN)
Latest Twelve Month Revenue: $513 billion
Amazon.com, Inc. (NASDAQ:AMZN) is the world’s largest electronic commerce retailer. The firm operates an online platform that enables merchants to connect with potential customers.
Amazon.com, Inc. (NASDAQ:AMZN) is currently on an aggressive push to cut costs, as the firm has canceled or closed 99 facilities all over the U.S. As of the fourth quarter of last year, 240 of the 943 hedge funds polled by Inside Monkey had bought the firm’s shares.
Amazon.com, Inc. (NASDAQ:AMZN)’s largest investor is Ken Fisher’s Fisher Asset Management which owns 50 million shares that are worth $4.2 billion.
Follow Amazon Com Inc (NASDAQ:AMZN)
Follow Amazon Com Inc (NASDAQ:AMZN)
1. Walmart Inc. (NYSE:WMT)
Latest Twelve Month Revenue: $611 billion
Walmart Inc. (NYSE:WMT) is one of the world’s largest companies, which employs more than two million people and has thousands of locations all over the world.
Walmart Inc. (NYSE:WMT) is growing its fulfillment business, as its chief financial officer outlined in February 2023 that its store-fulfilled deliveries have almost tripled over the past three years. 66 of the 943 hedge funds part of Insider Monkey’s Q4 2022 943 hedge fund survey had bought the firm’s shares.
Ken Fisher’s Fisher Asset Management is Walmart Inc. (NYSE:WMT)’s largest investor. It owns 8.4 million shares that are worth $1.1 billion.
Follow Walmart Inc. (NYSE:WMT)
Follow Walmart Inc. (NYSE:WMT)
Disclosure: None. You can also take a look at 12 Most Promising Growth Stocks To Buy and 16 Biggest Paint Companies in the World.
Insider Monkey focuses on uncovering the best investment ideas of hedge funds and investors. Please subscribe to our daily free newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below