Korea Investment CORP Boosts Stake in Home Depot

Institutional investor increases position in home improvement retailer by 3.2% in Q3

Published on Mar. 8, 2026

Korea Investment CORP, an institutional investor, increased its holdings in The Home Depot, Inc. (NYSE:HD) by 3.2% in the third quarter, according to a recent SEC filing. The firm now owns 800,121 shares of the home improvement retailer's stock, valued at $324,201,000, making it Home Depot's 22nd largest shareholder.

Why it matters

This move by a major institutional investor highlights continued interest and confidence in Home Depot's business, even as the company faces some near-term headwinds like top-line softness and valuation concerns. The increased stake suggests Korea Investment CORP sees long-term growth potential in the home improvement retailer.

The details

According to the 13F filing, Korea Investment CORP purchased an additional 25,003 shares of Home Depot in the third quarter, bringing its total position to 800,121 shares. This represents a 3.2% increase in the firm's stake in the company. Home Depot now comprises 0.7% of Korea Investment CORP's overall portfolio.

  • The 13F filing covers the third quarter of 2026.

The players

Korea Investment CORP

An institutional investor and one of the largest sovereign wealth funds in South Korea, with over $600 billion in assets under management.

The Home Depot, Inc.

A leading home improvement retailer that operates large-format stores and an integrated online platform, offering a wide range of products and services for do-it-yourself consumers, professional contractors, and businesses.

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The takeaway

Korea Investment CORP's increased stake in Home Depot suggests the institutional investor sees long-term growth potential in the home improvement retailer, despite some near-term headwinds the company is facing. This move highlights the continued interest and confidence in Home Depot's business model and market position.