$HD: CSTRS Boosts Stake in Home Depot to 52.72%
The California State Teachers Retirement System (CSTRS) significantly increased its stake in The Home Depot, Inc. ($HD) by 34,873.9% in the second quarter, according to a recent 13F filing with the Securities and Exchange Commission (SEC).
CSTRS purchased an additional 524,171,077 shares during the quarter, bringing its total holdings to 525,674,125 shares of $HD's stock.
The institutional investor now owns approximately 52.72% of Home Depot worth $185,394,750,000 as of its most recent SEC filing.
Other large investors have also added or reduced their stakes in the company during the second quarter. BlackRock Inc. purchased a new stake valued at $28,771,247,000, while State Street Corp increased its holdings by 1.8% and Geode Capital Management LLC raised its position by 1.5%.