DayMark Wealth Partners, LLC Boosts Stake in Home Depot in Latest 13F Filing

DayMark Wealth Partners, LLC Boosts Stake in Home Depot in Latest 13F Filing

In its latest SEC 13F filing, DayMark Wealth Partners, LLC revealed a significant adjustment to its portfolio, increasing its stake in Home Depot (HD). The move reflects a strategic decision to bolster its position in the leading commerce giant, with an addition of 483 shares to its holdings.

Deep Dive into the Trade

DayMark Wealth Partners, LLC's position in Home Depot now represents 1.23% of its overall portfolio, with a market value of approximately $28.62 million. Despite the increase in shares, the percentage change in the position size remained unchanged at 0.0%, likely indicating consistent portfolio rebalancing. Home Depot operates within the Commerce sector, a space that has shown resilience and growth amid fluctuating market conditions.

Market Context

Why is DayMark Wealth Partners, LLC adjusting its position in Home Depot? The decision to increase its stake in Home Depot could be tied to the company's strong performance in the retail and home improvement sectors. With a robust business model and consistent revenue generation, Home Depot remains a sought-after investment for institutions seeking stability and growth.

How much of Home Depot does DayMark Wealth Partners, LLC own? As per the filing, DayMark Wealth Partners, LLC now owns approximately 0.01% of Home Depot's total outstanding shares, highlighting its growing confidence in the stock.

Portfolio Impact

This adjustment places Home Depot as a notable component of DayMark Wealth Partners, LLC's portfolio. At 1.23%, the position underscores the institution's strategic focus on high-performing commerce stocks while maintaining diversification.

For a comprehensive view of DayMark Wealth Partners, LLC’s portfolio and historical 13F filings, view their full real-time portfolio here.