Andreas Halvorsen's Viking Global significantly increased its position in Home Depot (HD) during the second quarter of 2026, according to a recent SEC filing. The firm added over 416,000 shares, an 83% increase, bringing its total holding to 920,600 shares valued at approximately $324.7 million as of June 30. This investment disclosure is based on a delayed 13F filing, which reports positions held at the end of the quarter and does not reflect trading activity since that date.
The move came as Home Depot reported strong second-quarter results on August 18, 2026, beating Wall Street estimates. The home improvement retailer saw revenue rise 5.7% to $47.9 billion and reaffirmed its sales growth guidance for the fiscal year. The company noted that while the housing market remains challenging, customers are continuing to spend on smaller-scale projects.