Mackenzie Financial Corp Increases Stake in Home Depot

Investment firm raises its position in the home improvement retailer by 4.4% in Q3 2026.

Published on Mar. 11, 2026

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Mackenzie Financial Corp, an investment management firm, increased its stake in The Home Depot, Inc. (NYSE: HD) by 4.4% during the third quarter of 2026, according to a recent 13F filing with the Securities and Exchange Commission. The fund now owns 954,984 shares of the home improvement retailer's stock, valued at approximately $386.95 million as of the end of the quarter.

Why it matters

Home Depot is one of the largest home improvement retailers in the world, and institutional investors like Mackenzie Financial closely monitor the company's performance and outlook. This increase in Mackenzie's stake suggests the firm sees continued growth potential in Home Depot's business, which could signal positive sentiment among investors about the company's future prospects.

The details

According to the 13F filing, Mackenzie Financial purchased an additional 40,529 shares of Home Depot during the third quarter, bringing its total position to 954,984 shares. This represents approximately 0.10% of Home Depot's outstanding shares. The investment firm's increased stake in Home Depot comes as the retailer has faced some challenges, including a decline in year-over-year revenue in its most recent quarter.

  • Mackenzie Financial Corp increased its stake in Home Depot during the 3rd quarter of 2026.

The players

Mackenzie Financial Corp

An investment management firm that manages a variety of mutual funds, exchange-traded funds, and other investment products.

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

Mackenzie Financial's increased stake in Home Depot suggests the firm sees long-term growth potential in the home improvement retailer, despite some recent challenges. This could signal broader investor confidence in Home Depot's ability to navigate the evolving retail landscape and maintain its position as a leading player in the home improvement market.