D.E. Shaw Said to Build Activist Stake in Lowe's

The transcript discusses Disha's unexpected role as an activist investor in Lowe's, a company traditionally seen as a second to Home Depot. Disha, having hired a strategist from Elliott Management, is making its first significant activist move. Despite Lowe's strong market performance, there is a perceived gap between it and Home Depot that activists might exploit. The discussion also covers potential actions activists could take and the dynamics of Lowe's major shareholders, including passive funds that might support activist campaigns.

What potential strategies could activists pursue regarding Lowe's?

Who are the top shareholders of Lowe's mentioned in the text?