Riverview Capital Advisers Doubles Down on Home Depot Holdings

Riverview Capital Advisers LLC significantly increased its holdings in The Home Depot, Inc. (NYSE:HD) by 37.8% during the second quarter, according to a recent Form 13F filing with the Securities and Exchange Commission.

The firm acquired an additional 5,722 shares of the home improvement retailer's stock during the quarter, bringing its total holdings to 20,850 shares worth $7,353,000 at the end of the period.

Home Depot makes up about 2.1% of Riverview Capital Advisers LLC's holdings, making it the company's 18th largest position.

This is not an isolated instance of increased investment in Home Depot; several other hedge funds and institutional investors have also bought shares of the business during the second quarter.