Does Walmart Own Dollar General?

Image Credit: Mike Mozart

Q:

Does Walmart own Dollar General?

A:

Walmart does not own Dollar General. Both companies are separately traded on the New York Stock Exchange. Walmart trades under the stock symbol WMT, while Dollar General trades under DG. The two companies compete in retail for customers seeking low prices and value.

Top Companies Owned By Walmart

While Walmart does not own Dollar General, it does have partial or full ownership in the following subsidiaries or companies:

  • Sam’s Club – wholesale club
  • ASDA Stores – second largest grocer in the United Kingdom
  • Moosejaw – outdoor clothing, gear, and equipment
  • Modcloth – women’s clothing
  • Jet.com – e-commerce selling a variety of products
  • Bonobos – men’s e-commerce fashion website
  • Shoebuy (Shoes.com) – online footwear and clothing retailer

SEE ALSO: Does Kroger Own Publix?

Dollar General Major Holders

Nasdaq.com lists 753 institutional holders of shares of Dollar General at the time of this article. The top holders are as follows:

  • T. Rowe Price, 29,470,681 shares, 10.85% outstanding
  • Blackrock, 18,877,999 shares, 6.95% outstanding
  • Vanguard, 18,358,116 shares, 6.76% outstanding
  • Barrow Hanley Mewhinney & Strauss, 16,244,452 shares, 5.98% outstanding
  • Longview Partners, 11,417,858 shares, 4.20% outstanding

Additionally, the top five direct holders of the stock are:

  • Todd Vasos, 81,424 shares
  • Michael Calbert, 79,585 shares
  • Robert Ravener, 22,598 shares
  • Rhonda Taylor, 16,111 shares
  • David Rickard, 15,266 shares