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Home Depot's Institutional Owners Make Major Moves

Guavy AI Editorial Team
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HD
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Hollencrest Capital Management significantly reduced its stake in Home Depot, Inc. (NYSE:HD) by selling nearly all of its shares during the second quarter.

The firm owned only 1,815 shares after the sale, a decrease of 98.2% from the previous quarter's total. Hollencrest Capital Management's holdings in Home Depot were valued at approximately $640,000 as of its most recent SEC filing.

This move is part of a larger trend among institutional investors, with several firms increasing their positions in Home Depot during the second quarter.

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