Tudor Financial Cuts Stake in The Home Depot by 65.2%
Tudor Financial Inc., a prominent institutional investor, has made significant changes to its holdings in The Home Depot, Inc. (NYSE: HD) over the second quarter. According to the company's most recent Form 13F filing with the Securities & Exchange Commission, Tudor Financial Inc. trimmed its position in Home Depot by 65.2% during the period.
Specifically, the investor sold 5,579 shares of Home Depot stock, reducing its total holdings in the home improvement retailer to 2,972 shares. At the end of the reporting period, Tudor Financial Inc.'s holdings in Home Depot were valued at $1,048,000.
This is not an isolated incident; a number of other hedge funds and institutional investors have also made changes to their positions in Home Depot over the past few quarters. For instance, Advocate Investing Services LLC purchased a new position in shares of Home Depot in the fourth quarter, valued at $25,000.