Russell Investments Boosts Stake in Home Depot

Asset manager increases position in home improvement retailer by 9.3% in Q3

Published on Mar. 9, 2026

Russell Investments Group Ltd. increased its stake in The Home Depot, Inc. (NYSE:HD) by 9.3% during the third quarter, according to a recent 13F filing with the SEC. The fund now owns 680,468 shares of the home improvement retailer's stock, worth approximately $275.9 million as of the end of the quarter.

Why it matters

The increase in Russell Investments' position in Home Depot reflects ongoing institutional investor interest in the company, which remains one of the top-performing home improvement retailers. Home Depot's strong brand, diverse product offerings, and exposure to the robust housing market have made it a popular investment target.

The details

According to the 13F filing, Russell Investments acquired an additional 58,049 shares of Home Depot during the third quarter, bringing its total position to 680,468 shares. This represents approximately 0.07% of Home Depot's outstanding shares. The asset manager's increased stake in the company suggests it sees further upside potential in the stock.

  • Russell Investments filed the 13F report disclosing the increased stake in Home Depot on 2026-03-09.

The players

Russell Investments Group Ltd.

An asset management firm that provides investment solutions to institutional and individual investors globally.

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

Russell Investments' increased stake in Home Depot reflects the continued institutional investor interest in the company, which has maintained its position as a top performer in the home improvement retail sector. The move suggests the asset manager sees further upside potential in Home Depot's stock.