Home › Companies › WALMART INC. › 2023-2024

WALMART INC. 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings and WALMART INC.’s Form 8-K, filed June 7, 2024 (Item 5.07 on EDGAR). Page generated October 14, 2026.

  • 20Ballot items
  • 1,519Asset managers
  • 26,394Fund votes
  • June 5, 2024Meeting date

Results at a glance

Meeting of June 5, 2024: 21 items on WALMART INC.’s Form 8-K, filed June 7, 2024: 11 elected · 10 without a stated outcome.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore WALMART INC. in the interactive database Compare manager voting policies

Official 2023-2024 meeting results reported by WALMART INC.

These tallies are WALMART INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed June 7, 2024 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

WALMART INC. — official shareholder meeting results, meeting held June 5, 2024
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Cesar Conde 6,663,354,90129,259,7237,271,448 --630,945,292 99.5%Elected—
Elect Director: Timothy P. Flynn 6,618,260,75874,656,5946,968,720 --630,945,292 99%Elected—
Elect Director: Sarah J. Friar 6,665,365,19027,840,6206,680,262 --630,945,292 99.5%Elected—
Elect Director: Carla A. Harris 6,481,902,946211,361,9946,621,132 --630,945,292 97%Elected—
Elect Director: Thomas W. Horton 6,302,870,033387,674,1029,341,937 --630,945,292 94%Elected—
Elect Director: Marissa A. Mayer 6,562,440,282130,712,9986,732,792 --630,945,292 98%Elected—
Elect Director: C. Douglas McMillon 6,666,948,43326,120,0406,817,599 --630,945,292 99.6%Elected—
Elect Director: Brian Niccol 6,680,181,40412,160,8637,543,805 --630,945,292 99.8%Elected—
Elect Director: Gregory B. Penner 6,599,674,63993,118,2927,093,141 --630,945,292 99%Elected—
Elect Director: Randall L. Stephenson 6,519,772,179172,900,6707,213,223 --630,945,292 97%Elected—
Elect Director: Steuart L. Walton 6,662,209,80930,956,5366,719,727 --630,945,292 99.5%Elected—
Advisory Vote to Approve Named Executive Officer Compensation. The Company's shareholders voted upon and approved, by nonbinding, advisory vote, the compensation of the Company's named executive officers, as described in the Company's proxy 6,186,027,386501,360,06412,498,622 --630,945,292 93%Not verified—
Ratification of Independent Accountants. The Company's shareholders voted upon and approved the ratification of the appointment of Ernst & Young LLP to serve as the Company's independent registered accountants for the fiscal year ending Jan 7,200,820,178121,712,5758,298,611 ---- 98%Not verified—
Pursuant to the advance notice requirement of the Company's amended and restated bylaws, the Company's shareholders voted upon and rejected a shareholder proposal concerning limitations on political contributions made by WALPAC. 49,6186,699,836,148306 --630,945,292 0.1%Not verified—
The Company's shareholders voted upon and rejected a shareholder proposal requesting the publication of targets for transitioning from gestation crates in pork supply chain. 837,664,2195,828,630,10733,591,746 --630,945,292 13%Not verified—
Then, the Company's shareholders voted upon and rejected a shareholder proposal requesting a racial equity audit. 1,030,165,5125,643,611,33426,109,226 --630,945,292 15%Not verified—
Next, the Company's shareholders voted upon and rejected a shareholder proposal requesting human rights impact assessments. 773,568,2855,860,715,14765,602,640 --630,945,292 12%Not verified—
The Company's shareholders then voted upon and rejected a shareholder proposal to set compensation that optimizes portfolio value for Company shareholders. 294,769,2696,372,320,19532,796,608 --630,945,292 4%Not verified—
Next, the Company's shareholders voted upon and rejected a shareholder proposal requesting a report on respecting workforce civil liberties. 31,377,8876,642,249,59326,258,592 --630,945,292 0.5%Not verified—
T he Company's shareholders also voted upon and rejected a shareholder proposal requesting a review of workplace safety and violence. 1,278,547,9925,397,035,07924,303,001 --630,945,292 19%Not verified—
Finally, the Company's shareholders then voted upon and rejected a shareholder proposal requesting a report on corporate financial sustainability. 25,635,0766,648,239,51126,011,485 --630,945,292 0.4%Not verified—

Source: WALMART INC., Form 8-K, filed with the SEC on June 7, 2024 — read the filing on EDGAR.

How asset managers voted at the WALMART INC. 2023-2024 meeting

Each item below shows how the 1,519 asset managers that disclosed a WALMART INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. The Company's shareholders voted upon and rejected a shareholder proposal requesting the publication of targets for…

Outcome not verifiedDIRECTOR ELECTIONSDIRECTOR ELECTIONSDIRECTOR ELECTIONSDIRECTOR ELECTIONSReported outcome: Not verified

Combines 9 wordings of this item as funds reported it.

13% Majority: no · of votes cast

13%AGAINST
FOR: 837,664,219AGAINST: 5,828,630,107
Details: description as filed, official tally, votes by 212 asset managers

Description as filed by funds: Publication of Targets for Transitioning from Gestation Crates in Pork Supply Chain

WALMART INC.’s own tally for this item (“The Company's shareholders voted upon and rejected a shareholder proposal requesting the publication of targets for transitioning from gestation crates in pork supply chain.”): 837,664,219 for, 5,828,630,107 against, per its Form 8-K filed June 7, 2024 (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 13% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 212 asset managers below reported 124,972,754 for, 841,622,722 against, 2,841,333 abstained, 13,557 not voted, 4,749 unknown.

AGAINST
FOR: 124,972,754AGAINST: 841,622,722ABSTAIN: 2,841,333NOT VOTED: 13,557UNKNOWN: 4,749
Largest asset managers voting on “Publication of Targets for Transitioning from Gestation Crates in Pork Supply Chain” at WALMART INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard1,015,597395,037,506 00Against
Fidelity36,971,13378,170,780 00Mixed
BlackRock66,59997,555,176 00Against
State Street16,92938,072,094 00Against
Charles Schwab026,296,493 00Against
T. Rowe Price024,255,469 00Against
Columbia Threadneedle023,866,554 00Against
TIAA22,951,2050 00For
Invesco021,855,440 00Against
JPMorgan018,152,324 00Against
Putnam017,392,462 00Against
John Hancock10,233,857599,824 00Mixed
Dimensional740,97910,005,625 00Mixed
FRANKLIN MANAGED TRUST07,729,821 00Against
Lincoln Financial109,1497,058,150 00Against
MASTER INVESTMENT PORTFOLIO06,846,067 00Against
Jackson National103,6836,260,576 00Against
Prudential/PGIM06,342,350 00Against
Neuberger Berman06,210,514 00Against
First Trust694,7904,493,869 00Mixed
Thrivent04,666,646 00Against
CITY NATIONAL ROCHDALE FUNDS04,248,728 00Against
Equitable2,694,3021,529,000 00Mixed
FIRST EAGLE FUNDS04,069,390 00Against
Lord Abbett3,975,1990 00For

Showing the 25 largest of 212 asset managers. See all 212 in the interactive database.

2. Elect Director: Cesar Conde

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%
FOR: 6,663,354,901AGAINST: 29,259,723
Details: description as filed, official tally, votes by 211 asset managers

Description as filed by funds: Election of Directors: Cesar Conde

WALMART INC.’s own tally for this item (“Elect Director: Cesar Conde”): 6,663,354,901 for, 29,259,723 against, per its Form 8-K filed June 7, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors The Company's shareholders elected for one-year terms all eleven persons nominated for election as directors as set forth in the Company's proxy statement dated April 25, 2024.”
Support: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 211 asset managers below reported 968,474,850 for, 37,807 against, 932,789 abstained, 13,557 not voted, 36,819 unknown.

FOR
FOR: 968,474,850AGAINST: 37,807ABSTAIN: 932,789UNKNOWN: 36,819NOT VOTED: 13,557
Largest asset managers voting on “Election of Directors: Cesar Conde” at WALMART INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard396,053,1020 00For
Fidelity115,141,9130 00For
BlackRock97,598,81322,962 00For
State Street38,087,1671,856 00For
Charles Schwab26,296,4930 00For
T. Rowe Price24,255,4690 00For
Columbia Threadneedle23,866,5540 00For
TIAA22,951,2050 00For
Invesco21,855,4400 00For
JPMorgan18,152,3240 00For
Putnam17,392,4620 00For
John Hancock10,833,6810 00For
Dimensional10,746,6040 00For
FRANKLIN MANAGED TRUST7,729,8210 00For
Lincoln Financial7,167,2990 00For
MASTER INVESTMENT PORTFOLIO6,846,0670 00For
Jackson National6,364,2590 00For
Prudential/PGIM6,342,3500 00For
Neuberger Berman6,210,5140 00For
First Trust5,188,6590 00For
Thrivent4,666,6460 00For
CITY NATIONAL ROCHDALE FUNDS4,248,7280 00For
Equitable4,223,3020 00For
FIRST EAGLE FUNDS4,069,3900 00For
Lord Abbett3,975,1990 00For

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

3. Elect Director: Timothy P. Flynn

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 6,618,260,758AGAINST: 74,656,594
Details: description as filed, official tally, votes by 211 asset managers

Description as filed by funds: Election of Directors: Timothy P. Flynn

WALMART INC.’s own tally for this item (“Elect Director: Timothy P. Flynn”): 6,618,260,758 for, 74,656,594 against, per its Form 8-K filed June 7, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors The Company's shareholders elected for one-year terms all eleven persons nominated for election as directors as set forth in the Company's proxy statement dated April 25, 2024.”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 211 asset managers below reported 963,780,095 for, 4,823,735 against, 873,567 abstained, 13,557 not voted, 4,749 unknown.

FOR
FOR: 963,780,095AGAINST: 4,823,735ABSTAIN: 873,567NOT VOTED: 13,557UNKNOWN: 4,749
Largest asset managers voting on “Election of Directors: Timothy P. Flynn” at WALMART INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard396,053,1020 00For
Fidelity115,141,9130 00For
BlackRock97,598,81322,962 00For
State Street38,085,6973,326 00For
Charles Schwab26,296,4930 00For
T. Rowe Price24,255,4690 00For
Columbia Threadneedle23,866,5540 00For
TIAA22,951,2050 00For
Invesco21,855,4400 00For
JPMorgan18,152,3240 00For
Putnam17,392,4620 00For
John Hancock10,833,6810 00For
Dimensional10,746,6040 00For
FRANKLIN MANAGED TRUST7,729,8210 00For
Lincoln Financial7,167,2990 00For
MASTER INVESTMENT PORTFOLIO6,846,0670 00For
Jackson National6,364,2590 00For
Prudential/PGIM6,342,3500 00For
Neuberger Berman6,210,5140 00For
First Trust5,188,6590 00For
Thrivent4,666,6460 00For
CITY NATIONAL ROCHDALE FUNDS4,248,7280 00For
Equitable4,223,3020 00For
FIRST EAGLE FUNDS4,069,3900 00For
Lord Abbett3,975,1990 00For

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

4. Elect Director: Sarah J. Friar

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%
FOR: 6,665,365,190AGAINST: 27,840,620
Details: description as filed, official tally, votes by 211 asset managers

Description as filed by funds: Election of Directors: Sarah J. Friar

WALMART INC.’s own tally for this item (“Elect Director: Sarah J. Friar”): 6,665,365,190 for, 27,840,620 against, per its Form 8-K filed June 7, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors The Company's shareholders elected for one-year terms all eleven persons nominated for election as directors as set forth in the Company's proxy statement dated April 25, 2024.”
Support: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 211 asset managers below reported 968,571,043 for, 37,632 against, 873,522 abstained, 13,557 not voted.

FOR
FOR: 968,571,043AGAINST: 37,632ABSTAIN: 873,522NOT VOTED: 13,557
Largest asset managers voting on “Election of Directors: Sarah J. Friar” at WALMART INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard396,053,1020 00For
Fidelity115,141,9130 00For
BlackRock97,598,81322,962 00For
State Street38,087,1671,856 00For
Charles Schwab26,296,4930 00For
T. Rowe Price24,255,4690 00For
Columbia Threadneedle23,866,5540 00For
TIAA22,951,2050 00For
Invesco21,855,4400 00For
JPMorgan18,152,3240 00For
Putnam17,392,4620 00For
John Hancock10,833,6810 00For
Dimensional10,746,6040 00For
FRANKLIN MANAGED TRUST7,729,8210 00For
Lincoln Financial7,167,2990 00For
MASTER INVESTMENT PORTFOLIO6,846,0670 00For
Jackson National6,364,2590 00For
Prudential/PGIM6,342,3500 00For
Neuberger Berman6,210,5140 00For
First Trust5,188,6590 00For
Thrivent4,666,6460 00For
CITY NATIONAL ROCHDALE FUNDS4,248,7280 00For
Equitable4,223,3020 00For
FIRST EAGLE FUNDS4,069,3900 00For
Lord Abbett3,975,1990 00For

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

5. Elect Director: Carla A. Harris

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 6,481,902,946AGAINST: 211,361,994
Details: description as filed, official tally, votes by 211 asset managers

Description as filed by funds: Election of Directors: Carla A. Harris

WALMART INC.’s own tally for this item (“Elect Director: Carla A. Harris”): 6,481,902,946 for, 211,361,994 against, per its Form 8-K filed June 7, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors The Company's shareholders elected for one-year terms all eleven persons nominated for election as directors as set forth in the Company's proxy statement dated April 25, 2024.”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 211 asset managers below reported 952,033,788 for, 16,574,976 against, 873,518 abstained, 13,557 not voted.

FOR
FOR: 952,033,788AGAINST: 16,574,976ABSTAIN: 873,518NOT VOTED: 13,557
Largest asset managers voting on “Election of Directors: Carla A. Harris” at WALMART INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard396,053,1020 00For
Fidelity115,141,9130 00For
BlackRock97,555,17666,599 00For
State Street38,084,1974,826 00For
Charles Schwab26,296,4930 00For
T. Rowe Price24,255,4690 00For
Columbia Threadneedle23,866,5540 00For
TIAA22,951,2050 00For
Invesco21,855,4400 00For
JPMorgan18,152,3240 00For
Putnam17,392,4620 00For
John Hancock10,757,64976,032 00For
Dimensional010,746,604 00Against
FRANKLIN MANAGED TRUST7,729,8210 00For
Lincoln Financial6,998,189169,110 00For
MASTER INVESTMENT PORTFOLIO6,846,0670 00For
Jackson National6,261,749102,510 00For
Prudential/PGIM6,342,3500 00For
Neuberger Berman6,210,5140 00For
First Trust5,188,6590 00For
Thrivent4,666,6460 00For
CITY NATIONAL ROCHDALE FUNDS4,248,7280 00For
Equitable4,173,80249,500 00For
FIRST EAGLE FUNDS4,069,3900 00For
Lord Abbett3,975,1990 00For

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

6. Elect Director: Thomas W. Horton

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%
FOR: 6,302,870,033AGAINST: 387,674,102
Details: description as filed, official tally, votes by 211 asset managers

Description as filed by funds: Election of Directors: Thomas W. Horton

WALMART INC.’s own tally for this item (“Elect Director: Thomas W. Horton”): 6,302,870,033 for, 387,674,102 against, per its Form 8-K filed June 7, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors The Company's shareholders elected for one-year terms all eleven persons nominated for election as directors as set forth in the Company's proxy statement dated April 25, 2024.”
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 211 asset managers below reported 919,049,850 for, 49,558,403 against, 873,910 abstained, 13,557 not voted.

FOR
FOR: 919,049,850AGAINST: 49,558,403ABSTAIN: 873,910NOT VOTED: 13,557
Largest asset managers voting on “Election of Directors: Thomas W. Horton” at WALMART INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard395,981,10671,997 00For
Fidelity115,141,9130 00For
BlackRock97,555,17666,599 00For
State Street20,24538,068,778 00Against
Charles Schwab26,296,4930 00For
T. Rowe Price24,255,4690 00For
Columbia Threadneedle23,866,5540 00For
TIAA22,951,2050 00For
Invesco21,855,4400 00For
JPMorgan18,152,3240 00For
Putnam17,392,4620 00For
John Hancock10,833,6810 00For
Dimensional10,746,6040 00For
FRANKLIN MANAGED TRUST7,729,8210 00For
Lincoln Financial6,052,9651,114,334 00Mixed
MASTER INVESTMENT PORTFOLIO6,846,0670 00For
Jackson National6,364,2590 00For
Prudential/PGIM6,342,3500 00For
Neuberger Berman6,210,5140 00For
First Trust5,188,6590 00For
Thrivent4,666,6460 00For
CITY NATIONAL ROCHDALE FUNDS4,248,7280 00For
Equitable4,167,53555,767 00For
FIRST EAGLE FUNDS4,069,3900 00For
Lord Abbett3,975,1990 00For

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

7. Elect Director: Marissa A. Mayer

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 6,562,440,282AGAINST: 130,712,998
Details: description as filed, official tally, votes by 211 asset managers

Description as filed by funds: Election of Directors: Marissa A. Mayer

WALMART INC.’s own tally for this item (“Elect Director: Marissa A. Mayer”): 6,562,440,282 for, 130,712,998 against, per its Form 8-K filed June 7, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors The Company's shareholders elected for one-year terms all eleven persons nominated for election as directors as set forth in the Company's proxy statement dated April 25, 2024.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 211 asset managers below reported 954,269,838 for, 14,338,860 against, 873,533 abstained, 13,557 not voted.

FOR
FOR: 954,269,838AGAINST: 14,338,860ABSTAIN: 873,533NOT VOTED: 13,557
Largest asset managers voting on “Election of Directors: Marissa A. Mayer” at WALMART INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard396,053,1020 00For
Fidelity115,141,9130 00For
BlackRock97,598,81322,962 00For
State Street38,085,6973,326 00For
Charles Schwab26,296,4930 00For
T. Rowe Price24,255,4690 00For
Columbia Threadneedle23,866,5540 00For
TIAA22,951,2050 00For
Invesco21,855,4400 00For
JPMorgan18,152,3240 00For
Putnam17,392,4620 00For
John Hancock10,757,64976,032 00For
Dimensional010,746,604 00Against
FRANKLIN MANAGED TRUST7,729,8210 00For
Lincoln Financial6,998,189169,110 00For
MASTER INVESTMENT PORTFOLIO6,846,0670 00For
Jackson National6,261,749102,510 00For
Prudential/PGIM6,342,3500 00For
Neuberger Berman6,210,5140 00For
First Trust5,188,6590 00For
Thrivent4,666,6460 00For
CITY NATIONAL ROCHDALE FUNDS4,248,7280 00For
Equitable4,223,3020 00For
FIRST EAGLE FUNDS4,069,3900 00For
Lord Abbett3,975,1990 00For

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

8. Elect Director: C. Douglas McMillon

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

99.6% Majority: yes · of votes cast

FOR 99.6%
FOR: 6,666,948,433AGAINST: 26,120,040
Details: description as filed, official tally, votes by 211 asset managers

Description as filed by funds: Election of Directors: C. Douglas McMillon

WALMART INC.’s own tally for this item (“Elect Director: C. Douglas McMillon”): 6,666,948,433 for, 26,120,040 against, per its Form 8-K filed June 7, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors The Company's shareholders elected for one-year terms all eleven persons nominated for election as directors as set forth in the Company's proxy statement dated April 25, 2024.”
Support: 99.6% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 211 asset managers below reported 968,414,905 for, 193,840 against, 873,555 abstained, 13,557 not voted.

FOR
FOR: 968,414,905AGAINST: 193,840ABSTAIN: 873,555NOT VOTED: 13,557
Largest asset managers voting on “Election of Directors: C. Douglas McMillon” at WALMART INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard396,053,1020 00For
Fidelity115,141,9130 00For
BlackRock97,598,81322,962 00For
State Street38,086,8342,189 00For
Charles Schwab26,296,4930 00For
T. Rowe Price24,255,4690 00For
Columbia Threadneedle23,866,5540 00For
TIAA22,951,2050 00For
Invesco21,855,4400 00For
JPMorgan18,152,3240 00For
Putnam17,392,4620 00For
John Hancock10,833,6810 00For
Dimensional10,746,6040 00For
FRANKLIN MANAGED TRUST7,729,8210 00For
Lincoln Financial7,167,2990 00For
MASTER INVESTMENT PORTFOLIO6,846,0670 00For
Jackson National6,364,2590 00For
Prudential/PGIM6,342,3500 00For
Neuberger Berman6,210,5140 00For
First Trust5,188,6590 00For
Thrivent4,666,6460 00For
CITY NATIONAL ROCHDALE FUNDS4,248,7280 00For
Equitable4,223,3020 00For
FIRST EAGLE FUNDS4,069,3900 00For
Lord Abbett3,975,1990 00For

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

9. Elect Director: Brian Niccol

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%
FOR: 6,680,181,404AGAINST: 12,160,863
Details: description as filed, official tally, votes by 211 asset managers

Description as filed by funds: Election of Directors: Brian Niccol

WALMART INC.’s own tally for this item (“Elect Director: Brian Niccol”): 6,680,181,404 for, 12,160,863 against, per its Form 8-K filed June 7, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors The Company's shareholders elected for one-year terms all eleven persons nominated for election as directors as set forth in the Company's proxy statement dated April 25, 2024.”
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 211 asset managers below reported 968,475,266 for, 74,240 against, 932,811 abstained, 13,557 not voted.

FOR
FOR: 968,475,266AGAINST: 74,240ABSTAIN: 932,811NOT VOTED: 13,557
Largest asset managers voting on “Election of Directors: Brian Niccol” at WALMART INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard396,053,1020 00For
Fidelity115,141,9130 00For
BlackRock97,621,7750 00For
State Street38,089,0230 00For
Charles Schwab26,296,4930 00For
T. Rowe Price24,255,4690 00For
Columbia Threadneedle23,866,5540 00For
TIAA22,951,2050 00For
Invesco21,855,4400 00For
JPMorgan18,152,3240 00For
Putnam17,392,4620 00For
John Hancock10,833,6810 00For
Dimensional10,746,6040 00For
FRANKLIN MANAGED TRUST7,729,8210 00For
Lincoln Financial7,167,2990 00For
MASTER INVESTMENT PORTFOLIO6,846,0670 00For
Jackson National6,364,2590 00For
Prudential/PGIM6,342,3500 00For
Neuberger Berman6,210,5140 00For
First Trust5,188,6590 00For
Thrivent4,666,6460 00For
CITY NATIONAL ROCHDALE FUNDS4,248,7280 00For
Equitable4,223,3020 00For
FIRST EAGLE FUNDS4,069,3900 00For
Lord Abbett3,975,1990 00For

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

10. Elect Director: Gregory B. Penner

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 6,599,674,639AGAINST: 93,118,292
Details: description as filed, official tally, votes by 211 asset managers

Description as filed by funds: Election of Directors: Gregory B. Penner

WALMART INC.’s own tally for this item (“Elect Director: Gregory B. Penner”): 6,599,674,639 for, 93,118,292 against, per its Form 8-K filed June 7, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors The Company's shareholders elected for one-year terms all eleven persons nominated for election as directors as set forth in the Company's proxy statement dated April 25, 2024.”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 211 asset managers below reported 967,758,564 for, 846,070 against, 873,582 abstained, 13,557 not voted, 4,032 unknown.

FOR
FOR: 967,758,564AGAINST: 846,070ABSTAIN: 873,582NOT VOTED: 13,557UNKNOWN: 4,032
Largest asset managers voting on “Election of Directors: Gregory B. Penner” at WALMART INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard395,981,10671,997 00For
Fidelity115,141,9130 00For
BlackRock97,598,81322,962 00For
State Street38,086,8342,189 00For
Charles Schwab26,296,4930 00For
T. Rowe Price24,255,4690 00For
Columbia Threadneedle23,866,5540 00For
TIAA22,951,2050 00For
Invesco21,855,4400 00For
JPMorgan18,152,3240 00For
Putnam17,392,4620 00For
John Hancock10,833,6810 00For
Dimensional10,746,6040 00For
FRANKLIN MANAGED TRUST7,729,8210 00For
Lincoln Financial7,167,2990 00For
MASTER INVESTMENT PORTFOLIO6,846,0670 00For
Jackson National6,364,2590 00For
Prudential/PGIM6,342,3500 00For
Neuberger Berman6,210,5140 00For
First Trust5,188,6590 00For
Thrivent4,666,6460 00For
CITY NATIONAL ROCHDALE FUNDS4,248,7280 00For
Equitable4,223,3020 00For
FIRST EAGLE FUNDS4,069,3900 00For
Lord Abbett3,975,1990 00For

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

11. Elect Director: Randall L. Stephenson

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 6,519,772,179AGAINST: 172,900,670
Details: description as filed, official tally, votes by 211 asset managers

Description as filed by funds: Election of Directors: Randall L. Stephenson

WALMART INC.’s own tally for this item (“Elect Director: Randall L. Stephenson”): 6,519,772,179 for, 172,900,670 against, per its Form 8-K filed June 7, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors The Company's shareholders elected for one-year terms all eleven persons nominated for election as directors as set forth in the Company's proxy statement dated April 25, 2024.”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 211 asset managers below reported 954,102,498 for, 14,506,124 against, 873,593 abstained, 13,557 not voted.

FOR
FOR: 954,102,498AGAINST: 14,506,124ABSTAIN: 873,593NOT VOTED: 13,557
Largest asset managers voting on “Election of Directors: Randall L. Stephenson” at WALMART INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard395,981,10671,997 00For
Fidelity115,141,9130 00For
BlackRock97,555,17666,599 00For
State Street38,084,1974,826 00For
Charles Schwab26,296,4930 00For
T. Rowe Price24,255,4690 00For
Columbia Threadneedle23,866,5540 00For
TIAA22,951,2050 00For
Invesco21,855,4400 00For
JPMorgan18,152,3240 00For
Putnam17,392,4620 00For
John Hancock10,757,64976,032 00For
Dimensional010,746,604 00Against
FRANKLIN MANAGED TRUST7,729,8210 00For
Lincoln Financial6,998,189169,110 00For
MASTER INVESTMENT PORTFOLIO6,846,0670 00For
Jackson National6,261,749102,510 00For
Prudential/PGIM6,342,3500 00For
Neuberger Berman6,210,5140 00For
First Trust5,188,6590 00For
Thrivent4,666,6460 00For
CITY NATIONAL ROCHDALE FUNDS4,248,7280 00For
Equitable4,223,3020 00For
FIRST EAGLE FUNDS4,069,3900 00For
Lord Abbett3,975,1990 00For

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

12. Elect Director: Steuart L. Walton

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%
FOR: 6,662,209,809AGAINST: 30,956,536
Details: description as filed, official tally, votes by 211 asset managers

Description as filed by funds: Election of Directors: Steuart L. Walton

WALMART INC.’s own tally for this item (“Elect Director: Steuart L. Walton”): 6,662,209,809 for, 30,956,536 against, per its Form 8-K filed June 7, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors The Company's shareholders elected for one-year terms all eleven persons nominated for election as directors as set forth in the Company's proxy statement dated April 25, 2024.”
Support: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 211 asset managers below reported 968,377,302 for, 194,522 against, 873,537 abstained, 13,557 not voted.

FOR
FOR: 968,377,302AGAINST: 194,522ABSTAIN: 873,537NOT VOTED: 13,557
Largest asset managers voting on “Election of Directors: Steuart L. Walton” at WALMART INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard396,053,1020 00For
Fidelity115,141,9130 00For
BlackRock97,598,81322,962 00For
State Street38,086,8342,189 00For
Charles Schwab26,296,4930 00For
T. Rowe Price24,255,4690 00For
Columbia Threadneedle23,866,5540 00For
TIAA22,951,2050 00For
Invesco21,855,4400 00For
JPMorgan18,152,3240 00For
Putnam17,392,4620 00For
John Hancock10,833,6810 00For
Dimensional10,746,6040 00For
FRANKLIN MANAGED TRUST7,729,8210 00For
Lincoln Financial7,167,2990 00For
MASTER INVESTMENT PORTFOLIO6,846,0670 00For
Jackson National6,364,2590 00For
Prudential/PGIM6,342,3500 00For
Neuberger Berman6,210,5140 00For
First Trust5,188,6590 00For
Thrivent4,666,6460 00For
CITY NATIONAL ROCHDALE FUNDS4,248,7280 00For
Equitable4,223,3020 00For
FIRST EAGLE FUNDS4,069,3900 00For
Lord Abbett3,975,1990 00For

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

13. Advisory Vote to Approve Named Executive Officer Compensation. The Company's shareholders voted upon and approved, by…

Outcome not verifiedFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Not verified

Combines 32 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%
FOR: 6,186,027,386AGAINST: 501,360,064
Details: description as filed, official tally, votes by 1,481 asset managers

Description as filed by funds: Advisory vote to Approve Named Executive Officer Compensation

WALMART INC.’s own tally for this item (“Advisory Vote to Approve Named Executive Officer Compensation. The Company's shareholders voted upon and approved, by nonbinding, advisory vote, the compensation of the Company's named executive officers, as described in”): 6,186,027,386 for, 501,360,064 against, per its Form 8-K filed June 7, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of WALMART INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “SECTION 14A EXECUTIVE COMPENSATION” (26 managers, 284,426 for, 13,924 against).

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 200 asset managers voting on “Advisory vote to Approve Named Executive Officer Compensation” at WALMART INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard395,589,750463,353 00For
Fidelity115,141,9130 00For
BlackRock97,575,19346,582 00For
State Street38,087,5531,470 00For
Charles Schwab26,296,4930 00For
T. Rowe Price24,255,4690 00For
Columbia Threadneedle23,866,5540 00For
TIAA22,951,2050 00For
Invesco21,855,4400 00For
JPMorgan18,152,3240 00For
Putnam17,392,4620 00For
John Hancock10,757,64976,032 00For
Dimensional010,746,604 00Against
FRANKLIN MANAGED TRUST7,729,8210 00For
Lincoln Financial6,998,189169,110 00For
MASTER INVESTMENT PORTFOLIO6,846,0670 00For
Jackson National6,261,749102,510 00For
Prudential/PGIM1,053,5175,288,833 00Mixed
Neuberger Berman06,210,514 00Against
First Trust5,188,6590 00For
Thrivent4,666,6460 00For
CITY NATIONAL ROCHDALE FUNDS04,248,728 00Against
Equitable4,173,80249,500 00For
FIRST EAGLE FUNDS4,069,3900 00For
Lord Abbett3,975,1990 00For

Fund voting reports, all 200 managers: 928,722,175 for, 39,142,842 against, 984,116 abstained, 13,557 not voted. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1,309 asset managers voting on “Advisory vote to Approve Named Executive Officer Compensation” at WALMART INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock130,683,545125,321 00For
State Street104,035,6321,521,746 00For
GEODE CAPITAL MANAGEMENT, LLC83,360,5630 00For
T. Rowe Price58,537,589674,208 00For
MBA Advisors LLC047,661,889 00Against
Fidelity42,284,1030 00For
Northern Trust39,427,715447,724 3750For
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO39,249,1500 00For
Fisher Asset Management, LLC38,940,4230 00For
Charles Schwab31,365,0350 00For
Nuveen28,297,9860 00For
JPMorgan28,283,1430 00For
Invesco25,035,6410 00For
Putnam23,349,8080 00For
MELLON INVESTMENTS Corp21,759,9230 00For
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM020,971,650 00Against
Legal & General Investment Management Ltd020,969,229 00Against
AllianceBernstein18,877,3270 00For
Vanguard17,726,7910 00For
PARAMETRIC PORTFOLIO ASSOCIATES LLC017,217,387 00Against
UBS016,232,767 00Against
John Hancock16,210,5830 00For
Goldman Sachs15,787,7430 00For
Idaho Trust Bank11,820,0000 00For
Sumitomo Mitsui Trust Asset Management Co., Ltd.11,698,0010 00For

Institutional-manager reports, all 1,309 managers: 1,162,499,296 for, 331,230,857 against, 4,502 withheld, 903,822 abstained, 302,475 not voted, 4,971,217 unknown. Showing the 25 largest; see all in the interactive database.

14. Ratification of Independent Accountants. The Company's shareholders voted upon and approved the ratification of the…

Outcome not verifiedAUDIT-RELATEDReported outcome: Not verified

Combines 10 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 7,200,820,178AGAINST: 121,712,575
Details: description as filed, official tally, votes by 214 asset managers

Description as filed by funds: Ratification of Ernst & Young LLP as Independent Accountants

WALMART INC.’s own tally for this item (“Ratification of Independent Accountants. The Company's shareholders voted upon and approved the ratification of the appointment of Ernst & Young LLP to serve as the Company's independent registered accountants for the fi”): 7,200,820,178 for, 121,712,575 against, per its Form 8-K filed June 7, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 214 asset managers below reported 963,227,195 for, 5,417,290 against, 873,388 abstained, 13,557 not voted, 4,749 unknown.

FOR
FOR: 963,227,195AGAINST: 5,417,290ABSTAIN: 873,388NOT VOTED: 13,557UNKNOWN: 4,749
Largest asset managers voting on “Ratification of Ernst & Young LLP as Independent Accountants” at WALMART INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard395,981,10671,997 00For
Fidelity115,141,9130 00For
BlackRock97,621,7750 00For
State Street38,087,5531,470 00For
Charles Schwab26,296,4930 00For
T. Rowe Price24,255,4690 00For
Columbia Threadneedle23,866,5540 00For
TIAA22,951,2050 00For
Invesco21,855,4400 00For
JPMorgan18,152,3240 00For
Putnam17,392,4620 00For
John Hancock10,833,6810 00For
Dimensional10,746,6040 00For
FRANKLIN MANAGED TRUST7,729,8210 00For
Lincoln Financial7,167,2990 00For
MASTER INVESTMENT PORTFOLIO6,846,0670 00For
Jackson National6,364,2590 00For
Prudential/PGIM6,342,3500 00For
Neuberger Berman6,210,5140 00For
First Trust5,188,6590 00For
Thrivent4,666,6460 00For
CITY NATIONAL ROCHDALE FUNDS4,248,7280 00For
Equitable4,173,80249,500 00For
FIRST EAGLE FUNDS4,069,3900 00For
Lord Abbett3,975,1990 00For

Showing the 25 largest of 214 asset managers. See all 214 in the interactive database.

15. The Company's shareholders then voted upon and rejected a shareholder proposal to set compensation that optimizes…

Outcome not verifiedCOMPENSATIONReported outcome: Not verified

Combines 9 wordings of this item as funds reported it.

4% Majority: no · of votes cast

AGAINST
FOR: 294,769,269AGAINST: 6,372,320,195
Details: description as filed, official tally, votes by 229 asset managers

Description as filed by funds: Set Compensation that Optimizes Portfolio Value for Company Shareholders

WALMART INC.’s own tally for this item (“The Company's shareholders then voted upon and rejected a shareholder proposal to set compensation that optimizes portfolio value for Company shareholders.”): 294,769,269 for, 6,372,320,195 against, per its Form 8-K filed June 7, 2024 (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 229 asset managers below reported 11,159,711 for, 850,917,277 against, 2,820,597 abstained, 13,887 not voted, 717 unknown.

AGAINST
FOR: 11,159,711AGAINST: 850,917,277ABSTAIN: 2,820,597NOT VOTED: 13,887UNKNOWN: 717
Largest asset managers voting on “Set Compensation that Optimizes Portfolio Value for Company Shareholders” at WALMART INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard0396,053,102 00Against
Fidelity0115,141,913 00Against
State Street11,02938,077,994 00Against
Charles Schwab026,296,493 00Against
T. Rowe Price024,255,469 00Against
Columbia Threadneedle023,866,554 00Against
TIAA022,951,205 00Against
Invesco021,855,440 00Against
JPMorgan018,152,324 00Against
Putnam017,392,462 00Against
John Hancock010,833,681 00Against
Dimensional010,746,604 00Against
FRANKLIN MANAGED TRUST07,729,821 00Against
Lincoln Financial109,1497,058,150 00Against
Jackson National06,364,259 00Against
Prudential/PGIM06,342,350 00Against
Neuberger Berman06,210,514 00Against
First Trust05,188,659 00Against
Thrivent04,666,646 00Against
CITY NATIONAL ROCHDALE FUNDS04,248,728 00Against
Equitable55,7674,167,535 00Against
FIRST EAGLE FUNDS04,069,390 00Against
Lord Abbett03,975,199 00Against
ProShares03,902,707 00Against
Advisers Investment Trust7,7133,531,600 00Against

Showing the 25 largest of 229 asset managers. See all 229 in the interactive database.

16. Next, the Company's shareholders voted upon and rejected a shareholder proposal requesting human rights impact…

Outcome not verifiedHUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEReported outcome: Not verified

Combines 8 wordings of this item as funds reported it.

12% Majority: no · of votes cast

12%AGAINST
FOR: 773,568,285AGAINST: 5,860,715,147
Details: description as filed, official tally, votes by 211 asset managers

Description as filed by funds: Human Rights Impact Assessment

WALMART INC.’s own tally for this item (“Next, the Company's shareholders voted upon and rejected a shareholder proposal requesting human rights impact assessments.”): 773,568,285 for, 5,860,715,147 against, per its Form 8-K filed June 7, 2024 (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 12% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of WALMART INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Publish Human Rights Risk Assessment on the Impacts of Walmart's Supply Chain” (8 managers, 580,347 for, 104,732,289 against, 20,643 abstained).

The 211 asset managers below reported 53,521,042 for, 802,500,911 against, 8,130,850 abstained, 13,557 not voted.

AGAINST
FOR: 53,521,042AGAINST: 802,500,911ABSTAIN: 8,130,850NOT VOTED: 13,557
Largest asset managers voting on “Human Rights Impact Assessment” at WALMART INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard943,600395,109,502 00Against
Fidelity466,400114,675,513 00Against
State Street16,92938,072,094 00Against
Charles Schwab026,296,493 00Against
T. Rowe Price024,255,469 00Against
Columbia Threadneedle023,866,554 00Against
TIAA022,951,205 00Against
Invesco021,855,440 00Against
JPMorgan30418,152,020 00Against
Putnam017,392,462 00Against
John Hancock10,233,857599,824 00Mixed
Dimensional868,5759,878,029 00Mixed
FRANKLIN MANAGED TRUST07,729,821 00Against
Lincoln Financial109,1497,058,150 00Against
Jackson National103,6836,260,576 00Against
Prudential/PGIM3,079,5873,262,763 00Mixed
Neuberger Berman06,210,514 00Against
First Trust694,7904,493,869 00Mixed
Thrivent04,666,646 00Against
CITY NATIONAL ROCHDALE FUNDS04,248,728 00Against
Equitable55,7674,167,535 00Against
FIRST EAGLE FUNDS4,069,3900 00For
Lord Abbett03,975,199 00Against
ProShares3,902,7070 00For
Advisers Investment Trust7,7130 3,531,6000Abstain

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

17. Then, the Company's shareholders voted upon and rejected a shareholder proposal requesting a racial equity audit.

Outcome not verifiedDIVERSITY, EQUITY, AND INCLUSIONReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

15% Majority: no · of votes cast

FOR 15%AGAINST
FOR: 1,030,165,512AGAINST: 5,643,611,334
Details: description as filed, official tally, votes by 208 asset managers

Description as filed by funds: Shareholder Proposal Regarding Racial Equity Audit

WALMART INC.’s own tally for this item (“Then, the Company's shareholders voted upon and rejected a shareholder proposal requesting a racial equity audit.”): 1,030,165,512 for, 5,643,611,334 against, per its Form 8-K filed June 7, 2024 (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 15% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of WALMART INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Conduct and Report a Third-Party Racial Equity Audit” (8 managers, 626,929 for, 104,685,707 against, 20,643 abstained).

The 208 asset managers below reported 160,997,749 for, 700,290,096 against, 2,819,631 abstained, 13,557 not voted, 4,749 unknown.

FORAGAINST
FOR: 160,997,749AGAINST: 700,290,096ABSTAIN: 2,819,631NOT VOTED: 13,557UNKNOWN: 4,749
Largest asset managers voting on “Shareholder Proposal Regarding Racial Equity Audit” at WALMART INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard1,406,953394,646,150 00Against
Fidelity74,800,58740,341,326 00Mixed
State Street16,92938,072,094 00Against
Charles Schwab26,296,4930 00For
T. Rowe Price024,255,469 00Against
Columbia Threadneedle023,866,554 00Against
TIAA022,951,205 00Against
Invesco82,83021,772,610 00Against
JPMorgan018,152,324 00Against
Putnam017,392,462 00Against
John Hancock142,46610,691,215 00Against
Dimensional010,746,604 00Against
FRANKLIN MANAGED TRUST07,729,821 00Against
Lincoln Financial109,1497,058,150 00Against
Jackson National103,6836,260,576 00Against
Prudential/PGIM5,288,8331,053,517 00Mixed
Neuberger Berman6,210,5140 00For
First Trust694,7904,493,869 00Mixed
Thrivent04,666,646 00Against
CITY NATIONAL ROCHDALE FUNDS4,248,7280 00For
Equitable55,7674,167,535 00Against
FIRST EAGLE FUNDS04,069,390 00Against
Lord Abbett03,975,199 00Against
ProShares3,902,7070 00For
Advisers Investment Trust3,539,3130 00For

Showing the 25 largest of 208 asset managers. See all 208 in the interactive database.

18. Finally, the Company's shareholders then voted upon and rejected a shareholder proposal requesting a report on…

Outcome not verifiedCORPORATE GOVERNANCEReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

0.4% Majority: no · of votes cast

AGAINST
FOR: 25,635,076AGAINST: 6,648,239,511
Details: description as filed, official tally, votes by 206 asset managers

Description as filed by funds: Corporate Financial Sustainability Report

WALMART INC.’s own tally for this item (“Finally, the Company's shareholders then voted upon and rejected a shareholder proposal requesting a report on corporate financial sustainability.”): 25,635,076 for, 6,648,239,511 against, per its Form 8-K filed June 7, 2024 (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 0.4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of WALMART INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Establish a Board Committee on Corporate Financial Sustainability” (9 managers, 1,919 for, 105,806,458 against, 20,643 abstained); “S/H Proposal - Corporate Governance” (3 managers, 22,514 for, 16,960 against, 10,026 abstained).

The 206 asset managers below reported 248,192 for, 860,544,252 against, 2,819,601 abstained, 13,557 not voted, 717 unknown.

AGAINST
FOR: 248,192AGAINST: 860,544,252ABSTAIN: 2,819,601NOT VOTED: 13,557UNKNOWN: 717
Largest asset managers voting on “Corporate Financial Sustainability Report” at WALMART INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard0396,053,102 00Against
Fidelity0115,141,913 00Against
State Street038,089,023 00Against
Charles Schwab026,296,493 00Against
T. Rowe Price024,255,469 00Against
Columbia Threadneedle023,866,554 00Against
TIAA022,951,205 00Against
Invesco021,855,440 00Against
JPMorgan018,152,324 00Against
Putnam017,392,462 00Against
John Hancock010,833,681 00Against
Dimensional010,746,604 00Against
FRANKLIN MANAGED TRUST07,729,821 00Against
Lincoln Financial07,167,299 00Against
Jackson National06,364,259 00Against
Prudential/PGIM06,342,350 00Against
Neuberger Berman06,210,514 00Against
First Trust05,188,659 00Against
Thrivent04,666,646 00Against
CITY NATIONAL ROCHDALE FUNDS04,248,728 00Against
Equitable04,223,302 00Against
FIRST EAGLE FUNDS04,069,390 00Against
Lord Abbett03,975,199 00Against
ProShares03,902,707 00Against
Advisers Investment Trust03,539,313 00Against

Showing the 25 largest of 206 asset managers. See all 206 in the interactive database.

19. T he Company's shareholders also voted upon and rejected a shareholder proposal requesting a review of workplace safety…

Outcome not verifiedHUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEReported outcome: Not verified

Combines 7 wordings of this item as funds reported it.

19% Majority: no · of votes cast

FOR 19%AGAINST
FOR: 1,278,547,992AGAINST: 5,397,035,079
Details: description as filed, official tally, votes by 206 asset managers

Description as filed by funds: Workplace Safety & Violence Review

WALMART INC.’s own tally for this item (“T he Company's shareholders also voted upon and rejected a shareholder proposal requesting a review of workplace safety and violence.”): 1,278,547,992 for, 5,397,035,079 against, per its Form 8-K filed June 7, 2024 (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 19% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of WALMART INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Commission a Third Party Audit on Workplace Safety and Violence” (8 managers, 105,167,114 for, 145,522 against, 20,643 abstained); “Shareholder Proposal Regarding Third-Party Audit of Policies on Workplace Safety and Violence” (2 managers, 23,436 for).

The 206 asset managers below reported 117,676,129 for, 743,584,483 against, 2,819,396 abstained, 13,557 not voted, 4,749 unknown.

AGAINST
FOR: 117,676,129AGAINST: 743,584,483ABSTAIN: 2,819,396NOT VOTED: 13,557UNKNOWN: 4,749
Largest asset managers voting on “Workplace Safety & Violence Review” at WALMART INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard1,406,953394,646,150 00Against
Fidelity2,437,019112,704,894 00Against
State Street16,92938,072,094 00Against
Charles Schwab26,296,4930 00For
T. Rowe Price024,255,469 00Against
Columbia Threadneedle023,866,554 00Against
TIAA022,951,205 00Against
Invesco82,83021,772,610 00Against
JPMorgan30418,152,020 00Against
Putnam017,392,462 00Against
John Hancock6,198,9514,634,730 00Mixed
Dimensional010,746,604 00Against
FRANKLIN MANAGED TRUST07,729,821 00Against
Lincoln Financial325,5486,841,751 00Against
Jackson National3,712,5922,651,667 00Mixed
Prudential/PGIM5,288,8331,053,517 00Mixed
Neuberger Berman6,210,5140 00For
First Trust694,7904,493,869 00Mixed
Thrivent04,666,646 00Against
CITY NATIONAL ROCHDALE FUNDS4,248,7280 00For
Equitable3,638,082585,220 00Mixed
FIRST EAGLE FUNDS04,069,390 00Against
Lord Abbett3,975,1990 00For
ProShares3,902,7070 00For
Advisers Investment Trust3,539,3130 00For

Showing the 25 largest of 206 asset managers. See all 206 in the interactive database.

20. Next, the Company's shareholders voted upon and rejected a shareholder proposal requesting a report on respecting…

Outcome not verifiedHUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

0.5% Majority: no · of votes cast

AGAINST
FOR: 31,377,887AGAINST: 6,642,249,593
Details: description as filed, official tally, votes by 205 asset managers

Description as filed by funds: Report on Respecting Workforce Civil Liberties

WALMART INC.’s own tally for this item (“Next, the Company's shareholders voted upon and rejected a shareholder proposal requesting a report on respecting workforce civil liberties.”): 31,377,887 for, 6,642,249,593 against, per its Form 8-K filed June 7, 2024 (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 0.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of WALMART INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Shareholder Proposal Regarding Report on Civil Rights and Non-Discrimination” (2 managers, 23,436 against).

The 205 asset managers below reported 3,063,064 for, 857,643,117 against, 2,878,838 abstained, 13,557 not voted, 4,032 unknown.

AGAINST
FOR: 3,063,064AGAINST: 857,643,117ABSTAIN: 2,878,838NOT VOTED: 13,557UNKNOWN: 4,032
Largest asset managers voting on “Report on Respecting Workforce Civil Liberties” at WALMART INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard0396,053,102 00Against
Fidelity0115,141,913 00Against
State Street038,089,023 00Against
Charles Schwab026,296,493 00Against
T. Rowe Price024,255,469 00Against
Columbia Threadneedle023,866,554 00Against
TIAA022,951,205 00Against
Invesco021,855,440 00Against
JPMorgan018,152,324 00Against
Putnam017,392,462 00Against
John Hancock010,833,681 00Against
Dimensional010,746,604 00Against
FRANKLIN MANAGED TRUST07,729,821 00Against
Lincoln Financial07,167,299 00Against
Jackson National06,364,259 00Against
Prudential/PGIM06,342,350 00Against
Neuberger Berman06,210,514 00Against
First Trust05,188,659 00Against
Thrivent04,666,646 00Against
CITY NATIONAL ROCHDALE FUNDS04,248,728 00Against
Equitable04,223,302 00Against
FIRST EAGLE FUNDS04,069,390 00Against
Lord Abbett03,975,199 00Against
ProShares03,902,707 00Against
Advisers Investment Trust03,539,313 00Against

Showing the 25 largest of 205 asset managers. See all 205 in the interactive database.

Not shown here: this season’s fund filings also report 1 item from the meeting of June 5, 2025, which belongs to the 2024-2025 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest WALMART INC. shareholders voting in 2023-2024

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 8,043,543,330 shares outstanding at the time of that meeting.

Fund voting reports: top WALMART INC. shareholders by shares voted on “Advisory vote to Approve Named Executive Officer Compensation”, 2023-2024
#Asset manager % of shares outstanding
1Vanguard 4.92%
2Fidelity 1.43%
3BlackRock 1.21%
4State Street 0.47%
5Charles Schwab 0.33%
6T. Rowe Price 0.30%
7Columbia Threadneedle 0.30%
8TIAA 0.29%
9Invesco 0.27%
10JPMorgan 0.23%
Institutional-manager reports: top WALMART INC. shareholders by shares voted on “Advisory vote to Approve Named Executive Officer Compensation”, 2023-2024
#Asset manager % of shares outstanding
1BlackRock 1.63%
2State Street 1.31%
3GEODE CAPITAL MANAGEMENT, LLC 1.04%
4T. Rowe Price 0.74%
5MBA Advisors LLC 0.59%
6Fidelity 0.53%
7Northern Trust 0.50%
8STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.49%
9Fisher Asset Management, LLC 0.48%
10Charles Schwab 0.39%

Reported WALMART INC. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

WALMART INC. holdings and ownership disclosed for the 2023-2024 proxy season
Holder % outstanding Disclosure
Vanguard Group 5.42% 13F
BlackRock 4.30% 13F
State Street 2.29% 13F
JPMorgan Chase 1.45% 13F
Morgan Stanley 1.06% 13F
Geode Capital 1.04% 13F
T. Rowe Price 0.71% 13F
FMR (Fidelity) 0.52% 13F
Northern Trust 0.50% 13F
Franklin Templeton 0.47% 13F

Percentages above are of 8,043,543,330 shares outstanding, as reported by WALMART INC. on its Form 10-Q dated June 5, 2024 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from WALMART INC.’s 10-Q dated June 5, 2024. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.

At WALMART INC.'s shareholder meeting held June 5, 2024, in the 2023-2024 proxy season, 1,519 asset managers reported how they voted on 20 ballot items in their SEC Form N-PX filings, covering 26,394 separate fund positions. On the most widely held item on that ballot — Advisory vote to Approve Named Executive Officer Compensation — FOR was 93% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: WALMART INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on June 7, 2024.

WALMART INC. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.

Download data (CSV): ballot items · votes by manager · column guide.