NewsDialy
A required quarterly holdings disclosure, called a 13F filing, shows the Bill and Melinda Gates Foundation Trust opened a $352.7 million position in The Home Depot (HD) while trimming its Berkshire Hathaway stake by approximately $818 million.
The trust now holds 1 million shares of Home Depot across a portfolio that totals $34.42 billion in managed 13F securities, according to WhaleWisdom data.
The position arrived alongside Home Depot's Q2 fiscal 2026 earnings, reported August 18. Net sales reached $47.9 billion, up 5.7% year-over-year. Comparable sales grew 1.7%, the highest reading since 2022.
Adjusted diluted earnings per share came in at $4.92, up from $4.68 in the prior-year period. None of those numbers were driven by a housing recovery.
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