Pallas Capital Advisors Reduces Stake in Home Depot

Institutional investors and hedge funds own over 70% of the home improvement retailer's stock.

Mar. 31, 2026 at 10:40am

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A minimalist, photorealistic studio still life featuring a polished wooden toolbox, metal screwdrivers, and a smooth concrete surface, conceptually representing the abstract financial strategies and risk factors in the home improvement industry.The reduction in institutional ownership of Home Depot shares signals shifting market dynamics in the home improvement sector.Atlanta Today

Pallas Capital Advisors LLC reduced its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 53.9% during the fourth quarter, according to a recent SEC filing. The firm now owns 2,778 shares of the home improvement retailer's stock valued at $956,000.

Why it matters

Home Depot is one of the largest home improvement retailers in the United States, with over 2,300 stores nationwide. Changes in institutional ownership of the company's stock can signal broader market trends and investor sentiment around the home improvement industry.

The details

Pallas Capital Advisors sold 3,244 shares of Home Depot stock during the fourth quarter, reducing its total position to 2,778 shares. Other hedge funds have also made changes to their Home Depot holdings, with some increasing their stakes and others, like Pallas, decreasing their exposure. Home Depot reported strong earnings in its most recent quarter, with revenue of $38.2 billion and earnings per share of $2.72, beating analyst estimates.

  • Pallas Capital Advisors filed its 13F report for the fourth quarter of 2025 on March 31, 2026.
  • Home Depot reported its Q4 2025 earnings on February 24, 2026.

The players

Pallas Capital Advisors LLC

An investment management firm that reduced its stake in The Home Depot, Inc. during the fourth quarter of 2025.

The Home Depot, Inc.

A leading home improvement retailer with over 2,300 stores nationwide.

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What’s next

Investors will be closely watching Home Depot's performance in 2026 to see if the company can meet its guidance and maintain its strong dividend payout.

The takeaway

The reduction in Pallas Capital Advisors' stake in Home Depot reflects broader shifts in institutional ownership of the home improvement retailer's stock, but the company remains a dominant player in the industry with a strong financial position.