HOME DEPOT INC

The passive core is standard for a large-cap consumer name. BlackRock leads with roughly $25.9B, Vanguard Capital Management carries roughly $21.3B, State Street roughly $15.4B, FMR/Fidelity roughly $8.3B, and Geode roughly $8.2B. These positions scale with benchmark mandates rather than with housing forecasts.

The active layer is sparse but analytically meaningful. Capital Research Global Investors and Wellington Management both appear at meaningful sizes, confirming that bottom-up allocators continue to treat Home Depot professional-customer franchise, SKU assortment depth, and distribution-network density as durable structural advantages rather than cyclical positioning bets. Capital Research approach to Home Depot typically weights e-commerce penetration, contractor pro spending, and private-label margin expansion as compounding drivers independent of housing starts.