Home Depot
3,290 hedge funds and large institutions have $212B invested in Home Depot in 2023 Q1 according to their latest regulatory filings, with 163 funds opening new positions, 1,348 increasing their positions, 1,444 reducing their positions, and 133 closing their positions.
23% more first-time investments, than exits
New positions opened: 163 | Existing positions closed: 133
0.69% less ownership
Funds ownership: 71.7% → 71.01% (-0.69%)
7% less repeat investments, than reductions
Existing positions increased: 1,348 | Existing positions reduced: 1,444
1% less funds holding
Funds holding: 3,333 → 3,290 (-43)
10% less capital invested
Capital invested by funds: $236B → $212B (-$23.7B)
17% less call options, than puts
Call options by funds: $3.81B | Put options by funds: $4.57B
35% less funds holding in top 10
Funds holding in top 10: 298 → 193 (-105)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$481M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$460M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$284M |
| 4 |
SP
Sarasin & Partners
London,
United Kingdom
|
+$281M |
| 5 |
BlackRock
New York
|
+$269M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSA
Cottage Street Advisors
Marion,
Massachusetts
|
-$1.09B |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$553M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$505M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$365M |
| 5 |
Morgan Stanley
New York
|
-$349M |
HD Hedge Fund Activity: Q1 2023 in Review
3,290 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Home Depot (HD) for Q1 2023, worth a combined $212B — down 10% from $236B a quarter earlier.
Buyers outnumbered sellers: 163 funds opened new HD positions and 133 closed out — a net gain of 30 holders — while 1,348 added to existing stakes and 1,444 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $481M. The largest seller was Cottage Street Advisors, cutting an estimated $1.09B.
- 3,290 institutional investors held Home Depot (HD) as of Q1 2023, down from 3,333 in Q4 2022.
- Funds reported $212B of Home Depot stock for Q1 2023, down 10% quarter-over-quarter.
- 163 funds opened new Home Depot positions in Q1 2023 and 133 closed out, a net change of +30 holders.
- The largest Home Depot buyer in Q1 2023 was Capital Research Global Investors, an estimated $481M added.
- The largest Home Depot seller in Q1 2023 was Cottage Street Advisors, an estimated $1.09B sold.
Based on aggregated 13F filings for Q1 2023.