Walgreens Boots Alliance
About: Walgreens Boots Alliance is one of the largest retail pharmacy chains in the US, with over 8,000 locations. Nearly three quarters of Americans live within five miles of a Walgreens location. Roughly two thirds of revenue is generated from prescription drug sales; Walgreens makes up 20% of total prescription revenue in the US. Walgreens also generates sales from retail products (general wellness consumables and its own branded merchandise), European drug wholesale, and healthcare. With more locations incorporating additional services like Health Corner and Village Medical, Walgreens creates an omnichannel experience for patients and positions itself as a one-stop healthcare provider.
Employees: 312,000
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
60% more funds holding in top 10
Funds holding in top 10: 5 [Q4 2024] → 8 (+3) [Q1 2025]
26% more call options, than puts
Call options by funds: $357M | Put options by funds: $284M
16% more capital invested
Capital invested by funds: $4.99B [Q4 2024] → $5.76B (+$774M) [Q1 2025]
10% less first-time investments, than exits
New positions opened: 140 | Existing positions closed: 155
2.3% less ownership
Funds ownership: 61.87% [Q4 2024] → 59.57% (-2.3%) [Q1 2025]
4% less funds holding
Funds holding: 867 [Q4 2024] → 832 (-35) [Q1 2025]
26% less repeat investments, than reductions
Existing positions increased: 228 | Existing positions reduced: 309
Research analyst outlook
We haven’t received any recent analyst ratings for WBA.
Financial journalist opinion
Based on 17 articles about WBA published over the past 30 days









