Home Depot Sees Surge in Institutional Investor Interest
Northcape Wealth Management LLC purchased $2.80 million worth of The Home Depot stock in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
The institutional investor bought 7,942 shares of HD's stock, valued at approximately $2,801,000.
This is not an isolated instance, as several other hedge funds have also recently added to or reduced their stakes in Home Depot. Other notable investors include Advocate Investing Services LLC, Zeit Capital LLC, and Parvin Asset Management LLC.