Home Depot
3,588 hedge funds and large institutions have $250B invested in Home Depot in 2023 Q4 according to their latest regulatory filings, with 435 funds opening new positions, 1,376 increasing their positions, 1,433 reducing their positions, and 136 closing their positions.
220% more first-time investments, than exits
New positions opened: 435 | Existing positions closed: 136
23% more funds holding in top 10
Funds holding in top 10: 186 → 229 (+43)
19% more capital invested
Capital invested by funds: $211B → $250B (+$39.1B)
7% more funds holding
Funds holding: 3,339 → 3,588 (+249)
2.71% more ownership
Funds ownership: 69.86% → 72.57% (+2.7%)
4% more call options, than puts
Call options by funds: $4.82B | Put options by funds: $4.63B
4% less repeat investments, than reductions
Existing positions increased: 1,376 | Existing positions reduced: 1,433
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.23B |
| 2 |
Barclays
London,
United Kingdom
|
+$393M |
| 3 |
State Street
Boston,
Massachusetts
|
+$379M |
| 4 |
Jennison Associates
New York
|
+$374M |
| 5 |
BlackRock
New York
|
+$343M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$611M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$434M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$325M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$324M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$183M |
HD Hedge Fund Activity: Q4 2023 in Review
3,588 of the 6,861 institutional investors tracked by Wall St. Rank reported a position in Home Depot (HD) for Q4 2023, worth a combined $250B — up 19% from $211B a quarter earlier.
Buyers outnumbered sellers: 435 funds opened new HD positions and 136 closed out — a net gain of 299 holders — while 1,376 added to existing stakes and 1,433 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.23B. The largest seller was Wellington Management Group, cutting an estimated $611M.
- 3,588 institutional investors held Home Depot (HD) as of Q4 2023, up from 3,339 in Q3 2023.
- Funds reported $250B of Home Depot stock for Q4 2023, up 19% quarter-over-quarter.
- 435 funds opened new Home Depot positions in Q4 2023 and 136 closed out, a net change of +299 holders.
- The largest Home Depot buyer in Q4 2023 was Morgan Stanley, an estimated $6.23B added.
- The largest Home Depot seller in Q4 2023 was Wellington Management Group, an estimated $611M sold.
Based on aggregated 13F filings for Q4 2023.