OMERS Administration Corp Buys $102 Million Stake in The Home Depot

OMERS Administration Corp recently made headlines by acquiring a new position in The Home Depot Inc. (NYSE:HD), according to its latest filing with the Securities & Exchange Commission.

The fund bought 291,373 shares of Home Depot's stock during the second quarter, valued at approximately $102,761,000. This significant investment marks OMERS Administration Corp's entry into The Home Depot Inc.'s shareholder base.

In addition to OMERS Administration Corp's new position in Home Depot, other institutional investors have also been modifying their holdings of the company. For instance, Curio Wealth LLC grew its position in Home Depot by 13.5% during the fourth quarter, while Moneco Advisors LLC lifted its position in Home Depot by 0.3% in the same period.