Home Depot
3,659 hedge funds and large institutions have $269B invested in Home Depot in 2024 Q1 according to their latest regulatory filings, with 233 funds opening new positions, 1,498 increasing their positions, 1,531 reducing their positions, and 109 closing their positions.
114% more first-time investments, than exits
New positions opened: 233 | Existing positions closed: 109
8% more capital invested
Capital invested by funds: $250B → $269B (+$19.3B)
2% more funds holding in top 10
Funds holding in top 10: 229 → 234 (+5)
2% more funds holding
Funds holding: 3,588 → 3,659 (+71)
9% more call options, than puts
Call options by funds: $4.11B | Put options by funds: $3.77B
2% less repeat investments, than reductions
Existing positions increased: 1,498 | Existing positions reduced: 1,531
1.51% less ownership
Funds ownership: 72.57% → 71.07% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$1.06B |
| 2 |
AIM
Alphinity Investment Management
Sydney,
Australia
|
+$489M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$404M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$355M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$304M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.81B |
| 2 |
PIF
Public Investment Fund
Al Aqiq District, Riyadh,
Saudi Arabia
|
-$569M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$464M |
| 4 |
Swedbank
Stockholm,
Sweden
|
-$267M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$264M |
HD Hedge Fund Activity: Q1 2024 in Review
3,659 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Home Depot (HD) for Q1 2024, worth a combined $269B — up 7.7% from $250B a quarter earlier.
Buyers outnumbered sellers: 233 funds opened new HD positions and 109 closed out — a net gain of 124 holders — while 1,498 added to existing stakes and 1,531 trimmed.
The largest buyer was State Street, adding an estimated $1.06B. The largest seller was Morgan Stanley, cutting an estimated $6.81B.
- 3,659 institutional investors held Home Depot (HD) as of Q1 2024, up from 3,588 in Q4 2023.
- Funds reported $269B of Home Depot stock for Q1 2024, up 7.7% quarter-over-quarter.
- 233 funds opened new Home Depot positions in Q1 2024 and 109 closed out, a net change of +124 holders.
- The largest Home Depot buyer in Q1 2024 was State Street, an estimated $1.06B added.
- The largest Home Depot seller in Q1 2024 was Morgan Stanley, an estimated $6.81B sold.
Based on aggregated 13F filings for Q1 2024.