Stocks

Home Depot Loses Institutional Support as Major Investor Reduces Stake

Guavy AI Editorial Team Published September 11, 2026

Instruments

The Manufacturers Life Insurance Company reduced its stake in Home Depot by 4.1% in Q2, selling 29,759 shares and decreasing its position to 692,349 shares.

This represents about 0.07% of the company's outstanding stock, valued at approximately $244 million as of the most recent SEC filing.

Home Depot has been a popular choice for institutional investors, with over 70% of its stock owned by these entities.

The Wire

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