Cinctive Capital Boosts Stake in Home Depot

Investment firm increases holdings in home improvement retailer by 35.6% in third quarter

Mar. 15, 2026 at 10:00am

Got story updates? Submit your updates here. ›

Cinctive Capital Management LP grew its stake in The Home Depot, Inc. (NYSE:HD) by 35.6% in the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 56,244 shares of the home improvement retailer's stock, valued at $22.79 million.

Why it matters

This filing provides insight into the investment strategy and portfolio composition of Cinctive Capital Management, a prominent hedge fund. The increased stake in Home Depot suggests the firm sees continued growth potential in the home improvement sector, which has performed well during the pandemic as consumers invested in their homes.

The details

Cinctive Capital Management acquired an additional 14,775 shares of Home Depot in the third quarter, bringing its total holdings to 56,244 shares. Home Depot now accounts for approximately 1.1% of Cinctive's investment portfolio, making it the firm's 13th largest holding.

  • Cinctive Capital Management filed its 13F report for the third quarter of 2026.

The players

Cinctive Capital Management LP

A hedge fund that manages approximately $2 billion in assets.

The Home Depot, Inc.

A leading home improvement retailer with over 2,300 stores across North America.

Got photos? Submit your photos here. ›

The takeaway

Cinctive Capital's increased stake in Home Depot reflects the firm's confidence in the home improvement sector's continued growth potential, even as the broader economy faces uncertainty. This filing provides a window into the investment strategies of a prominent hedge fund and the factors driving their decisions.