Home Depot Sees Increased Institutional Buying Interest
The Home Depot's stock has seen significant buying interest from institutional investors in recent quarters. According to a Form 13F filing with the Securities and Exchange Commission (SEC), Envestnet Portfolio Solutions Inc. increased its position in shares of The Home Depot, Inc. by 9.6% during the second quarter.
The institutional investor owned 49,096 shares of the home improvement retailer's stock after purchasing an additional 4,292 shares during the period. Envestnet Portfolio Solutions Inc.'s holdings in Home Depot were worth $17,315,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company, including Brighton Jones LLC, Sivia Capital Partners LLC, Schnieders Capital Management LLC., Darwin Wealth Management LLC, and Financial Advisors Network Inc. Institutional investors own 70.86% of the company's stock.