Confluence Investment Reduces Stake in Home Depot

Asset manager cuts position in home improvement retailer by 3.9% in Q4 2025

Mar. 21, 2026 at 8:20am

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Confluence Investment Management LLC, an institutional investor, reduced its stake in The Home Depot, Inc. (NYSE: HD) by 3.9% during the fourth quarter of 2025, according to a recent SEC filing. The firm now owns 331,755 shares of the home improvement retailer's stock, valued at approximately $114.16 million.

Why it matters

Home Depot is one of the largest and most influential home improvement retailers in the United States. Changes in institutional ownership of the company's stock can provide insights into broader market sentiment and investment trends within the sector.

The details

According to the filing, Confluence Investment Management sold 13,541 shares of Home Depot stock during the fourth quarter. The firm's total position in the company now represents approximately 1.7% of its overall investment portfolio.

  • Confluence Investment Management reduced its stake in Home Depot during the fourth quarter of 2025.

The players

Confluence Investment Management LLC

An institutional investment management firm that oversees approximately $114.16 million in Home Depot stock.

The Home Depot, Inc.

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

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The takeaway

The reduction in Confluence Investment Management's position in Home Depot reflects broader market uncertainty and volatility, which can impact investment decisions of institutional investors. However, Home Depot remains a dominant player in the home improvement space, and changes in its shareholder base are closely watched by industry analysts and investors.