Home Depot
3,598 hedge funds and large institutions have $244B invested in Home Depot in 2023 Q4 according to their latest regulatory filings, with 441 funds opening new positions, 1,378 increasing their positions, 1,434 reducing their positions, and 137 closing their positions.
222% more first-time investments, than exits
New positions opened: 441 | Existing positions closed: 137
44% more capital inflows, than outflows
Capital inflows: $8.37B | Capital outflows: $5.8B
23% more funds holding in top 10
Funds holding in top 10: 187 → 230 (+43)
8% more funds holding
Funds holding: 3,344 → 3,598 (+254)
1.01% more ownership
Funds ownership: 69.86% → 70.87% (+1%)
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: 1,378 | Existing positions reduced: 1,434
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$688M |
| 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
3,598 of the 6,877 institutional investors tracked by Wall St. Rank reported a position in Home Depot (HD) for Q4 2023, worth a combined $244B — up 16% from $211B a quarter earlier.
Buyers outnumbered sellers: 441 funds opened new HD positions and 137 closed out — a net gain of 304 holders — while 1,378 added to existing stakes and 1,434 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $688M. The largest seller was Wellington Management Group, cutting an estimated $611M.
- 3,598 institutional investors held Home Depot (HD) as of Q4 2023, up from 3,344 in Q3 2023.
- Funds reported $244B of Home Depot stock for Q4 2023, up 16% quarter-over-quarter.
- 441 funds opened new Home Depot positions in Q4 2023 and 137 closed out, a net change of +304 holders.
- The largest Home Depot buyer in Q4 2023 was Neuberger Berman Group, an estimated $688M 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.