D R HORTON INC DHI
COM · Common Stock · CUSIP 23331A109 · ISIN US23331A1097
U.S, homebuilding company
- SectorIndustrials
- IndustryOperative Builders
- HeadquartersArlington, TX
- Founded1978
- Websitedrhorton.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($144.6m this quarter). Holder counts are more reliable. Shares outstanding: 279.7m as of 2026-07-16, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $162.74. Options: 26 managers hold calls ($341.7m notional), 29 hold puts ($277.1m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 826 |
| Q4 2022 | 866 |
| Q1 2023 | 873 |
| Q2 2023 | 938 |
| Q3 2023 | 956 |
| Q4 2023 | 1,069 |
| Q1 2024 | 1,100 |
| Q2 2024 | 1,081 |
| Q3 2024 | 1,200 |
| Q4 2024 | 1,134 |
| Q1 2025 | 1,109 |
| Q2 2025 | 1,112 |
| Q3 2025 | 1,217 |
| Q4 2025 | 1,190 |
| Q1 2026 | 1,152 |
| Q2 2026 | 1,238 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 590 | 501 |
| Q4 2024 | 455 | 642 |
| Q1 2025 | 521 | 556 |
| Q2 2025 | 510 | 559 |
| Q3 2025 | 661 | 479 |
| Q4 2025 | 492 | 623 |
| Q1 2026 | 513 | 574 |
| Q2 2026 | 642 | 499 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $974.6m | $691.3m | 0.71 |
| Q4 2025 | $616.7m | $526.0m | 0.85 |
| Q1 2026 | $278.3m | $342.2m | 1.23 |
| Q2 2026 | $341.7m | $277.1m | 0.81 |
Biggest buyers
| Capital Research Global Investors | Added | +1.0m |
| JANE STREET GROUP, LLC | Added | +571.0k |
| TWO SIGMA INVESTMENTS, LP | Added | +508.0k |
| Holocene Advisors, LP | Added | +487.4k |
| CITADEL ADVISORS LLC | Added | +479.5k |
| Balyasny Asset Management L.P. | Added | +393.1k |
| Zurich Insurance Group Ltd/FI | New | +392.8k |
| BARCLAYS PLC | Added | +389.0k |
| Capital World Investors | Added | +344.7k |
| Duquesne Family Office LLC | New | +299.0k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -3.3m |
| BlackRock, Inc. | Reduced | -2.9m |
| Pictet Asset Management Holding SA | Reduced | -818.8k |
| Allspring Global Investments Holdings, LLC | Reduced | -571.8k |
| California Public Employees Retirement System | Reduced | -463.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Sold out | -442.3k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -406.7k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -396.5k |
| FMR LLC | Reduced | -323.1k |
| BANK OF AMERICA CORP /DE/ | Reduced | -295.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $119.5m733.7k shares |
| JANE STREET GROUP, LLC | Added | $58.8m361.0k shares |
| CITADEL ADVISORS LLC | Reduced | $49.1m301.7k shares |
| IMC-Chicago, LLC | Added | $27.2m167.0k shares |
| Walleye Trading LLC | Reduced | $17.1m104.9k shares |
| UBS Group AG | Added | $13.4m82.5k shares |
| Point72 Asset Management, L.P. | Reduced | $8.2m50.4k shares |
| PEAK6 LLC | Reduced | $7.4m45.4k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $5.4m32.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $5.2m31.8k shares |
Biggest puts
| MILLENNIUM MANAGEMENT LLC | Reduced | $73.4m450.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $48.4m297.3k shares |
| CITADEL ADVISORS LLC | Reduced | $36.1m221.8k shares |
| JANE STREET GROUP, LLC | Reduced | $24.3m149.0k shares |
| UBS Group AG | Added | $16.3m100.0k shares |
| IMC-Chicago, LLC | Reduced | $14.4m88.7k shares |
| Walleye Trading LLC | Added | $9.0m55.5k shares |
| KINGDON CAPITAL MANAGEMENT, L.L.C. | New | $8.1m50.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $8.1m49.5k shares |
| GROUP ONE TRADING LLC | Reduced | $6.0m36.9k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Capital World Investors 13G · institution +2.6 pts · filed 2026-02-13 | 12.8% |
| Horton Family Limited Partnership 13G · passive investor -0.1 pts · filed 2026-08-10 | 8.2% |
| BlackRock, Inc. 13G · institution -1.2 pts · filed 2026-07-27 | 7.8% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.9% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 1 | $921.5k | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 1 | $274.6k | — |
| Q3 2025 | 0 | — | 3 | $6.1m | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 1 | $43.6k | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Capital World Investors 0.72% of their portfolio | 37.3m $6.1bn | Added +344.7k |
| BlackRock, Inc. 0.06% of their portfolio | 25.0m $4.1bn | Reduced -2.9m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 16.9m $2.8bn | Reduced -283.9k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.09% of their portfolio | 12.4m $2.0bn | Reduced -166.2k |
| STATE STREET CORP 0.06% of their portfolio | 12.1m $2.0bn | Added +218.1k |
| FMR LLC 0.07% of their portfolio | 9.4m $1.5bn | Reduced -323.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.06% of their portfolio | 7.2m $1.2bn | Reduced -50.8k |
| Capital Research Global Investors 0.13% of their portfolio | 5.7m $926.3m | Added +1.0m |
| MORGAN STANLEY 0.03% of their portfolio | 3.7m $602.0m | Reduced -147.8k |
| GOLDMAN SACHS GROUP INC 0.06% of their portfolio | 3.6m $579.0m | Added +28.7k |
| GREENHAVEN ASSOCIATES INC 6.59% of their portfolio | 3.5m $571.0m | Added +38.9k |
| Invesco Ltd. 0.04% of their portfolio | 3.5m $565.4m | Added +73.3k |
| NORGES BANK 0.05% of their portfolio | 3.2m $528.9m | Not comparable |
| DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio | 3.1m $508.8m | Added +41.7k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 2.9m $477.4m | Reduced -295.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.09% of their portfolio | 2.9m $473.0m | Added +122.4k |
| FRANKLIN RESOURCES INC 0.10% of their portfolio | 2.9m $466.3m | Reduced -89.2k |
| NORTHERN TRUST CORP 0.05% of their portfolio | 2.7m $447.3m | Reduced -55.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 2.0m $331.6m | Added +11.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.16% of their portfolio | 2.0m $329.0m | Reduced -135.5k |
| Bank of New York Mellon Corp 0.05% of their portfolio | 1.8m $294.3m | Reduced -31.5k |
| Legal & General Group Plc 0.06% of their portfolio | 1.7m $280.7m | Added +39.5k |
| EARNEST PARTNERS LLC 0.97% of their portfolio | 1.6m $267.9m | Reduced -28.4k |
| Holocene Advisors, LP 0.58% of their portfolio | 1.6m $255.2m | Added +487.4k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.5m $251.0m | Reduced -3.3m |
| VANGUARD FIDUCIARY TRUST CO 0.05% of their portfolio | 1.5m $239.9m | Reduced -35.1k |
| TWO SIGMA INVESTMENTS, LP 0.18% of their portfolio | 1.5m $237.1m | Added +508.0k |
| BARCLAYS PLC 0.07% of their portfolio | 1.4m $235.6m | Added +389.0k |
| Smead Capital Management, Inc. 4.94% of their portfolio | 1.4m $230.3m | Reduced -83.5k |
| Pacer Advisors, Inc. 0.58% of their portfolio | 1.4m $224.5m | Reduced -86.0k |
| Amundi 0.05% of their portfolio | 1.3m $213.0m | Reduced -295.1k |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 1.2m $201.1m | Added +47.9k |
| AQR CAPITAL MANAGEMENT LLC 0.07% of their portfolio | 1.2m $187.6m | Reduced -396.5k |
| Boston Partners 0.16% of their portfolio | 1.1m $176.5m | Reduced -201.1k |
| NEUBERGER BERMAN GROUP LLC 0.12% of their portfolio | 1.1m $172.8m | Reduced -59.8k |
| CITIGROUP INC 0.08% of their portfolio | 1.0m $167.3m | Added +294.2k |
| UBS Group AG 0.02% of their portfolio | 936.0k $152.5m | Reduced -170.1k |
| AMERIPRISE FINANCIAL INC 0.03% of their portfolio | 928.8k $151.3m | Added +46.4k |
| Nuveen, LLC 0.03% of their portfolio | 853.6k $139.0m | Reduced -24.0k |
| Caisse de depot et placement du Quebec 0.20% of their portfolio | 847.4k $138.0m | Reduced -241.3k |
| Crake Asset Management LLP 3.21% of their portfolio | 822.9k $134.0m | Added +246.0k |
| HSBC HOLDINGS PLC 0.06% of their portfolio | 785.3k $128.0m | Added +279.0k |
| 1832 Asset Management L.P. 0.15% of their portfolio | 768.8k $125.2m | Added +371 |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 763.3k $124.3m | Reduced -273.8k |
| Swiss National Bank 0.06% of their portfolio | 735.3k $119.8m | Reduced -36.1k |
| Pictet Asset Management Holding SA 0.11% of their portfolio | 716.6k $116.7m | Reduced -818.8k |
| Swedbank AB 0.10% of their portfolio | 688.3k $112.1m | Added +332 |
| Brave Warrior Advisors, LLC 2.43% of their portfolio | 684.5k $111.5m | Reduced -9.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 673.0k $109.6m | Reduced -8.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.06% of their portfolio | 640.5k $104.3m | Reduced -18.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.06% of their portfolio | 637.6k $103.8m | Added +37.0k |
| Thrivent Financial for Lutherans 0.17% of their portfolio | 606.8k $98.8m | Added +39.8k |
| SEI INVESTMENTS CO 0.09% of their portfolio | 599.4k $97.6m | Reduced -57.1k |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 586.9k $95.6m | Added +479.5k |
| JANE STREET GROUP, LLC 0.06% of their portfolio | 586.0k $95.5m | Added +571.0k |
| Vanguard Global Advisers, LLC 0.04% of their portfolio | 574.8k $93.6m | Reduced -28.6k |
| NORDEA INVESTMENT MANAGEMENT AB 0.08% of their portfolio | 574.3k $94.2m | Reduced -276.0k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.43% of their portfolio | 572.6k $93.3m | Added +121.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio | 571.1k $93.0m | Added +185.9k |
| National Pension Service 0.06% of their portfolio | 548.4k $89.3m | Added +9.9k |
| Squarepoint Ops LLC 0.17% of their portfolio | 538.6k $87.7m | Reduced -224.2k |
| RHUMBLINE ADVISERS 0.06% of their portfolio | 527.6k $85.9m | Reduced -18.4k |
| Rafferty Asset Management, LLC 0.19% of their portfolio | 520.2k $84.7m | Added +120.2k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.06% of their portfolio | 503.5k $82.0m | Added +46.9k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 486.7k $79.3m | Reduced -9.1k |
| HighTower Advisors, LLC 0.08% of their portfolio | 479.8k $78.1m | Reduced -2.5k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 476.3k $65.4m | Added +149.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.04% of their portfolio | 464.3k $75.6m | Added +205.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 457.8k $74.6m | Added +31.8k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.11% of their portfolio | 451.8k $66.7m | Added +136.1k |
| ARGENT CAPITAL MANAGEMENT LLC 2.28% of their portfolio | 442.5k $72.1m | Reduced -65.0k |
| EVENTIDE ASSET MANAGEMENT, LLC 0.95% of their portfolio | 436.6k $71.1m | Added +5.7k |
| California Public Employees Retirement System 0.04% of their portfolio | 416.9k $67.9m | Reduced -463.7k |
| Balyasny Asset Management L.P. 0.12% of their portfolio | 397.4k $64.7m | Added +393.1k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 396.6k $64.6m | Added +74.0k |
| Zurich Insurance Group Ltd/FI 0.44% of their portfolio | 392.8k $64.0m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 392.5k $63.9m | Added +6.0k |
| ASSETMARK, INC 0.11% of their portfolio | 392.0k $63.9m | Reduced -33.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.06% of their portfolio | 392.0k $63.8m | Added +3.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.05% of their portfolio | 372.5k $60.7m | Added +17.3k |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 361.3k $58.9m | Added +21.2k |
| Quantinno Capital Management LP 0.06% of their portfolio | 330.8k $53.9m | Added +153.4k |
| PARNASSUS INVESTMENTS, LLC 0.14% of their portfolio | 329.4k $53.7m | Reduced -11.6k |
| TORONTO DOMINION BANK 0.09% of their portfolio | 318.4k $51.9m | Added +240.1k |
| NATIXIS ADVISORS, LLC 0.06% of their portfolio | 310.0k $50.5m | Added +30.1k |
| Assenagon Asset Management S.A. 0.03% of their portfolio | 303.5k $49.4m | Added +116.3k |
| Duquesne Family Office LLC 1.12% of their portfolio | 299.0k $48.7m | New |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 295.3k $48.1m | Added +45.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.06% of their portfolio | 294.3k $47.9m | Reduced -6.3k |
| MACKENZIE FINANCIAL CORP 0.05% of their portfolio | 286.5k $46.7m | Added +36.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio | 267.7k $43.6m | Added +181.3k |
| CLOUGH CAPITAL PARTNERS L P 3.51% of their portfolio | 264.6k $43.1m | Added +5.9k |
| PARK NATIONAL CORP /OH/ 1.17% of their portfolio | 256.9k $41.8m | Added +3.4k |
| Capital International, Inc./CA/ 0.29% of their portfolio | 253.2k $41.2m | Unchanged |
| NATIONAL BANK OF CANADA /FI/ 0.04% of their portfolio | 246.4k $40.1m | Added +26.8k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.14% of their portfolio | 246.3k $40.1m | Reduced -63.4k |
| Aberdeen Group plc 0.06% of their portfolio | 245.8k $40.0m | Added +73.0k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.09% of their portfolio | 239.7k $39.0m | Added +8.8k |
| Sterling Capital Management LLC 0.66% of their portfolio | 238.6k $38.9m | Reduced -56.6k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 237.9k $38.7m | Reduced -406.7k |