Top 5 Stock Picks of Mika Toikka’s AlphaCrest Capital

4. The Home Depot, Inc. (NYSE:HD)

AlphaCrest Capital’s Stake Value: $14.293 million

Number of Hedge Fund Holders: 75

Another household name among the top stock picks of Mika Toikka’s AlphaCrest Capital is The Home Depot, Inc. (NYSE:HD). The largest home improvement retailer in the United States, The Home Depot, Inc. (NYSE:HD) has close to half a million employees and more than 2,300 stores.

Distillate Capital Partners LLC mentioned The Home Depot, Inc. (NYSE:HD) in its Q1 2022 investor letter. Here is what it said:

“Taking advantage of valuation opportunities created by performance differences, the U.S. FSV strategy increased its weight in consumer discretionary by around 2.5%. Home Depot (NYSE:HD) was the largest position that was added to after falling by 27% in price in Q1.”