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Largest Shareholder of Home Depot (What To Know)

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Largest Shareholder of Home Depot: Who is the largest shareholder in Home Depot, a multinational home improvement retail corporation based in the United States that sells tools, construction products, appliances, and services.

Largest Shareholder of Home Depot (What To Know)

Largest Shareholder of Home Depot (What To Know)

Every Home Depot investor should be aware of the most powerful shareholder groups. Large companies typically have institutional shareholders, and insiders typically own shares in smaller companies.

Home Depot has a market capitalization of US$380 billion. We anticipate seeing institutional investors on the list. Retail investors are usually familiar with companies of this size.

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Who is the Largest Shareholder of Home Depot?

Investors should note that institutions actually own more than half the company, so they can collectively wield significant power.

We note that hedge funds have no significant stake in Home Depot. According to our data, The Vanguard Group, Inc. is the largest shareholder.

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The Vanguard Group, Inc. is the company’s largest shareholder, holding 9.3% of the stock.

BlackRock, Inc. is the second largest shareholder, owning 7.0% of the company’s common stock, and Capital Research and Management Company owns about 5.2%.

Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. We note that hedge funds don’t have a meaningful investment in Home Depot.

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Looking at our data, we can see that the largest shareholder is The Vanguard Group, Inc. with 9.1% of shares outstanding.

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The Vanguard Group

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The Vanguard Group, Inc. is a registered investment advisor based in Malvern, Pennsylvania, that manages approximately $7 trillion in global assets as of January 13, 2021.

It is the world’s largest provider of mutual funds and the world’s second-largest provider of exchange-traded funds (ETFs), trailing only BlackRock’s iShares.

Vanguard provides brokerage services, educational account services, financial planning, asset management, and trust services in addition to mutual funds and ETFs.

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Several Vanguard mutual funds are at the top of the list of US mutual funds in terms of assets under management.

Along with BlackRock and State Street, Vanguard is considered to be one of the Big Three index fund managers that dominate corporate America.

The Vanguard Group, Inc. provides investment management and advisory services.

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The Company offers its services to equity investment and fixed income group, investment pooled vehicles, mutual funds, and separate account institutional clients. The Vanguard Group serves customers worldwide.

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