Vault-13

LENNAR CORP LEN.B

CL B · Common Stock · CUSIP 526057302

American home construction and real estate company

256 institutional holders +9 vs Q4 2023
9,056,4829.1m shares reported held*
$1.4bnreported value*
25 new 56 added 94 reduced 18 sold out net sold ≈ $51.2m (-327.3k shares)

* 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 ($1.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $153.96. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 217Q4 22: 226Q1 23: 222Q2 23: 225Q3 23: 227Q4 23: 247Q1 24: 256256Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022217
Q4 2022226
Q1 2023222
Q2 2023225
Q3 2023227
Q4 2023247
Q1 2024256

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 103 bought or addedQ4 22: 86 cut or sold outQ4 22Q1 23: 82 bought or addedQ1 23: 96 cut or sold outQ1 23Q2 23: 76 bought or addedQ2 23: 96 cut or sold outQ2 23Q3 23: 87 bought or addedQ3 23: 83 cut or sold outQ3 23Q4 23: 86 bought or addedQ4 23: 102 cut or sold outQ4 23Q1 24: 81 bought or addedQ1 24: 112 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 202210386
Q1 20238296
Q2 20237696
Q3 20238783
Q4 202386102
Q1 202481112

Biggest buyers

MORGAN STANLEY Added +185,248+185.2k
BlackRock Inc. Added +13,948+13.9k
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS Added +11,093+11.1k
FRANKLIN RESOURCES INC Added +9,857+9.9k
SEI INVESTMENTS CO Added +6,634+6.6k
SageView Advisory Group, LLC New +6,186+6.2k
MERCER GLOBAL ADVISORS INC /ADV Added +5,565+5.6k
QRG CAPITAL MANAGEMENT, INC. Added +5,542+5.5k
SHERBROOKE PARK ADVISERS LLC New +5,534+5.5k
JANE STREET GROUP, LLC Added +3,960+4.0k

Biggest sellers

VANGUARD GROUP INC Reduced -102,855-102.9k
MONTGOMERY INVESTMENT MANAGEMENT INC Reduced -58,479-58.5k
GREENHAVEN ASSOCIATES INC Reduced -52,609-52.6k
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Reduced -40,583-40.6k
683 Capital Management, LLC Reduced -40,000-40.0k
GABELLI FUNDS LLC Reduced -39,532-39.5k
MILLENNIUM MANAGEMENT LLC Reduced -37,318-37.3k
GABELLI & Co INVESTMENT ADVISERS, INC. Reduced -26,187-26.2k
JPMORGAN CHASE & CO Reduced -23,402-23.4k
GAMCO INVESTORS, INC. ET AL Reduced -21,391-21.4k

Biggest calls

Biggest puts

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.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: GAMCO INVESTORS, INC. ET AL (3.6%, 2026-01-13)

Insider purchases and sales in Q1 2024

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)

BuyingSelling
404Q2 22: 0 buyingQ2 22: 1 sellingQ3 22: 0 buyingQ3 22: 1 sellingQ3 22Q4 22: 0 buyingQ4 22: 0 sellingQ1 23: 0 buyingQ1 23: 1 sellingQ1 23Q2 23: 1 buyingQ2 23: 2 sellingQ3 23: 1 buyingQ3 23: 1 sellingQ3 23Q4 23: 1 buyingQ4 23: 4 sellingQ1 24: 0 buyingQ1 24: 0 sellingQ1 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20220—1$1.6m—
Q3 20220—1$1.2m—
Q4 20220—0——
Q1 20230—1$958.3k—
Q2 20231$20.0k2$2.4m—
Q3 20231$301.8k1$1.3m$1.3m
Q4 20231$100.0k4$9.3m$1.1m
Q1 20240—0——

None reported in Q1 2024.

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,605,0791.6m $247.5m $247.5m 0.00% Reduced -102.9k -102,855
2 GABELLI FUNDS LLC 1.43% of their portfolio Rye, NY 1,256,2591.3m $193.7m $193.7m 1.43% Reduced -39.5k -39,532
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 569,958570.0k $87.9m $87.9m 0.00% Added +185.2k +185,248
4 GREENHAVEN ASSOCIATES INC 0.73% of their portfolio Purchase, NY 516,800516.8k $79.7m $79.7m 0.73% Reduced -52.6k -52,609
5 GAMCO INVESTORS, INC. ET AL 0.80% of their portfolio GREENWICH, CT 516,008516.0k $79.6m $79.6m 0.80% Reduced -21.4k -21,391
6 BlackRock Inc. 0.00% of their portfolio New York, NY 423,111423.1k $65.2m $65.2m 0.00% Added +13.9k +13,948
7 NORGES BANK 0.01% of their portfolio OSLO, Q8 249,313249.3k $38.4m $38.4m 0.01% Reduced -7.5k -7,466
8 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 197,276197.3k $30.4m $30.4m 0.01% Reduced -10.7k -10,675
9 THIRD AVENUE MANAGEMENT LLC 4.12% of their portfolio NEW YORK, NY 167,294167.3k $25.8m $25.8m 4.12% Reduced -6.4k -6,416
10 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.09% of their portfolio TORONTO, A6 164,097164.1k $25.3m $25.3m 0.09% Reduced -40.6k -40,583
11 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 161,633161.6k $24.9m $24.9m 0.01% Reduced -2.3k -2,341
12 NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio NEW YORK, NY 154,849154.8k $23.9m $23.9m 0.02% Reduced -3.5k -3,465
13 Berkshire Hathaway Inc 0.01% of their portfolio Omaha, NE 152,572152.6k $23.5m $23.5m 0.01% Unchanged
14 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio BOSTON, MA 145,545145.5k $22.4m $22.4m 0.02% Reduced -398 -398
15 683 Capital Management, LLC 1.81% of their portfolio NEW YORK, NY 115,000115.0k $17.7m $17.7m 1.81% Reduced -40.0k -40,000
16 Torray Investment Partners LLC 2.53% of their portfolio Bethesda, MD 109,629109.6k $16.9m $16.9m 2.53% Unchanged
17 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 106,586106.6k $16.4m $16.4m 0.00% Reduced -23.4k -23,402
18 GoodHaven Capital Management, LLC 5.97% of their portfolio MILLBURN, NJ 102,906102.9k $15.9m $15.9m 5.97% Unchanged
19 SIB LLC 7.46% of their portfolio New York, NY 102,692102.7k $15.8m $15.8m 7.46% Unchanged
20 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 93,16293.2k $14.4m $14.4m 0.00% Reduced -1.3k -1,314
21 NFC Investments, LLC 4.11% of their portfolio MEMPHIS, TN 92,66392.7k $14.3m $14.3m 4.11% Reduced -350 -350
22 QRG CAPITAL MANAGEMENT, INC. 0.18% of their portfolio BERWYN, PA 92,38792.4k $14.2m $14.2m 0.18% Added +5.5k +5,542
23 Legal & General Group Plc 0.00% of their portfolio London, X0 83,13083.1k $12.8m $12.8m 0.00% Reduced -6.9k -6,853
24 Aristotle Capital Management, LLC 0.02% of their portfolio LOS ANGELES, CA 78,57178.6k $12.1m $12.1m 0.02% Reduced -6.1k -6,057
25 MERCER GLOBAL ADVISORS INC /ADV 0.03% of their portfolio DENVER, CO 77,57377.6k $12.0m $12.0m 0.03% Added +5.6k +5,565
26 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 69,74969.7k $10.8m $10.8m 0.01% Added +734 +734
27 MALTESE CAPITAL MANAGEMENT LLC 1.99% of their portfolio New York, NY 66,99867.0k $10.3m $10.3m 1.99% Reduced -12.2k -12,200
28 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 63,53863.5k $9.8m $9.8m 0.00% Reduced -2.6k -2,648
29 MONTGOMERY INVESTMENT MANAGEMENT INC 3.70% of their portfolio ROCKVILLE, MD 62,92762.9k $9.7m $9.7m 3.70% Reduced -58.5k -58,479
30 ACR Alpine Capital Research, LLC 0.29% of their portfolio ST. LOUIS, MO 61,66061.7k $9.5m $9.5m 0.29% Reduced -11.1k -11,098
31 FMR LLC 0.00% of their portfolio BOSTON, MA 60,01860.0k $9.3m $9.3m 0.00% Reduced -946 -946
32 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 57,07957.1k $8.8m $8.8m 0.01% Added +6.6k +6,634
33 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 49,11849.1k $7.6m $7.6m 0.00% Reduced -2.6k -2,562
34 Red Door Wealth Management, LLC 1.46% of their portfolio Memphis, TN 49,00949.0k $7.6m $7.6m 1.46% Added +512 +512
35 Handelsbanken Fonder AB 0.03% of their portfolio STOCKHOLM, V7 48,57248.6k $7.5m $7.5m 0.03% Reduced -1.4k -1,401
36 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 44,48744.5k $6.9m $6.9m 0.00% Reduced -1.4k -1,427
37 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 43,55543.6k $6.7m $6.7m 0.00% Reduced -85 -85
38 GABELLI & Co INVESTMENT ADVISERS, INC. 1.16% of their portfolio Rye, NY 43,06743.1k $6.6m $6.6m 1.16% Reduced -26.2k -26,187
39 FIRST MANHATTAN CO. LLC. 0.02% of their portfolio NEW YORK, NY 37,26337.3k $5.7m $5.7m 0.02% Reduced -2.1k -2,142
40 LOS ANGELES CAPITAL MANAGEMENT LLC 0.02% of their portfolio LOS ANGELES, CA 36,97737.0k $5.7m $5.7m 0.02% Added +2.5k +2,490
41 State of Alaska, Department of Revenue 0.06% of their portfolio JUNEAU, AK 34,49934.5k $5.3m $5.3m 0.06% Unchanged
42 Mraz, Amerine & Associates, Inc. 0.90% of their portfolio Modesto, CA 30,89630.9k $4.8m $4.8m 0.90% Reduced -163 -163
43 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 30,22430.2k $4.7m $4.7m 0.00% Reduced -91 -91
44 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 29,54629.5k $4.6m $4.6m 0.01% Added +18 +18
45 Carmel Capital Partners, LLC 1.59% of their portfolio SAN DIEGO, CA 25,01825.0k $3.9m $3.9m 1.59% Unchanged
46 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 23,46023.5k $3.6m $3.6m 0.00% Reduced -3.4k -3,414
47 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 22,74022.7k $3.5m $3.5m 0.00% Reduced -37.3k -37,318
48 USS Investment Management Ltd 0.03% of their portfolio London, X0 22,31122.3k $3.4m $3.4m 0.03% Reduced -5.9k -5,902
49 Capital World Investors 0.00% of their portfolio LOS ANGELES, CA 21,16921.2k $3.3m $3.3m 0.00% Unchanged
50 Carnegie Investment Counsel 0.10% of their portfolio PEPPER PIKE, OH 21,00121.0k $3.2m $3.2m 0.10% Reduced -50 -50
51 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.28% of their portfolio Englewood, NJ 20,87020.9k $3.2m $3.2m 0.28% Added +313 +313
52 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 20,70220.7k $3.2m $3.2m 0.00% Added +9.9k +9,857
53 Malaga Cove Capital, LLC 1.25% of their portfolio PV ESTATES, CA 19,86619.9k $3.1m $3.1m 1.25% Reduced -53 -53
54 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 19,85519.9k $3.1m $3.1m 0.00% Reduced -3.9k -3,870
55 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 19,02519.0k $1.7m $1.7m 0.00% Reduced -934 -934
56 Treasurer of the State of North Carolina 0.01% of their portfolio RALEIGH, NC 18,97019.0k $2.9m $2.9m 0.01% Reduced -20 -20
57 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 16,76616.8k $2.6m $2.6m 0.00% Unchanged
58 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 16,59316.6k $2.6m $2.6m 0.02% Added +11.1k +11,093
59 AVIVA PLC 0.01% of their portfolio LONDON, X0 16,33316.3k $2.5m $2.5m 0.01% Reduced -2.4k -2,419
60 STRS OHIO 0.01% of their portfolio COLUMBUS, OH 16,33016.3k $2.5m $2.5m 0.01% Reduced -281 -281
61 Byrne Asset Management LLC 1.67% of their portfolio KINGSTON, NJ 15,63315.6k $2.4m $2.4m 1.67% Added +22 +22
62 ABN AMRO INVESTMENT SOLUTIONS 0.04% of their portfolio PARIS CEDEX 008, I0 13,80013.8k $2.1m $2.1m 0.04% Unchanged
63 UBS Group AG 0.00% of their portfolio ZURICH, V8 12,52812.5k $1.9m $1.9m 0.00% Reduced -2.1k -2,147
64 Patient Capital Management, LLC 0.09% of their portfolio BALTIMORE, MD 12,50012.5k $1.9m $1.9m 0.09% Unchanged
65 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 11,85511.9k $1.8m $1.8m 0.01% Added +2.9k +2,856
66 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 10,69410.7k $1.6m $1.6m 0.00% Reduced -3 -3
67 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 10,44410.4k $1.6m $1.6m 0.00% Reduced -20.0k -20,042
68 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 10,34310.3k $1.6m $1.6m 0.00% Reduced -10 -10
69 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 10,20010.2k $1.6m $1.6m 0.00% Reduced -2.4k -2,400
70 Vanguard Personalized Indexing Management, LLC 0.03% of their portfolio OAKLAND, CA 10,00410.0k $1.5m $1.5m 0.03% Reduced -510 -510
71 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 10,00210.0k $1.5m $1.5m 0.00% Added +18 +18
72 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 9,98810.0k $1.5m $1.5m 0.00% Reduced -2.2k -2,227
73 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 9,9269.9k $1.5m $1.5m 0.00% Added +1.7k +1,689
74 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 9,8469.8k $1.5m $1.5m 0.00% Reduced -974 -974
75 Supplemental Annuity Collective Trust of NJ 0.43% of their portfolio TRENTON, NJ 9,0009.0k $1.4m $1.4m 0.43% Unchanged
76 Rafferty Asset Management, LLC 0.00% of their portfolio New York, NY 8,5488.5k $1.3m $1.3m 0.00% Reduced -816 -816
77 DARK FOREST CAPITAL MANAGEMENT LP 0.21% of their portfolio NEW YORK, NY 8,0008.0k $1.2m $1.2m 0.21% Unchanged
78 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 7,9848.0k $1.2m $1.2m 0.00% Reduced -287 -287
79 NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio ST. LOUIS, MO 7,9467.9k $1.2m $1.2m 0.01% Reduced -476 -476
80 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 7,8727.9k $1.2m $1.2m 0.00% Reduced -1.6k -1,649
81 GREAT LAKES ADVISORS, LLC 0.01% of their portfolio CHICAGO, IL 7,7977.8k $1.2m $1.2m 0.01% Added +153 +153
82 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 7,7387.7k $1.2m $1.2m 0.00% Added +3.8k +3,776
83 Arbiter Partners Capital Management LLC 2.15% of their portfolio NEW YORK, NY 7,6877.7k $1.2m $1.2m 2.15% Unchanged
84 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 6,8186.8k $1.1m $1.1m 0.00% Added +1.3k +1,310
85 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 6,8006.8k $1.0m $1.0m 0.00% Reduced -93 -93
86 Beacon Pointe Advisors, LLC 0.01% of their portfolio NEWPORT BEACH, CA 6,5286.5k $1.0m $1.0m 0.01% Reduced -166 -166
87 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 6,3856.4k $984.4k $984.4k 0.00% Unchanged
88 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 6,2226.2k $959.3k $959.3k 0.00% Added +4.0k +3,960
89 Alaska Permanent Fund Corp 0.01% of their portfolio JUNEAU, AK 6,2116.2k $957.6k $957.6k 0.01% Added +3.1k +3,086
90 SageView Advisory Group, LLC 0.01% of their portfolio Newport Beach, CA 6,1866.2k $259.0k $259.0k 0.01% New
91 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 6,0766.1k $940.0k $940.0k 0.00% Added +60 +60
92 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 6,0706.1k $935.8k $935.8k 0.00% Added +18 +18
93 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 5,6655.7k $873.5k $873.5k 0.00% Added +15 +15
94 GLOBEFLEX CAPITAL L P 0.08% of their portfolio SAN DIEGO, CA 5,6355.6k $868.8k $868.8k 0.08% Unchanged
95 Ethic Inc. 0.02% of their portfolio NEW YORK, NY 5,5825.6k $860.7k $860.7k 0.02% Reduced -6.0k -5,985
96 Huber Capital Management LLC 0.19% of their portfolio EL SEGUNDO, CA 5,5605.6k $857.2k $857.2k 0.19% Unchanged
97 SHERBROOKE PARK ADVISERS LLC 0.17% of their portfolio WHITE PLAINS, NY 5,5345.5k $853.2k $853.2k 0.17% New
98 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 5,1285.1k $790.6k $790.6k 0.00% Added +607 +607
99 ATLAS CAPITAL ADVISORS INC. 0.12% of their portfolio JACKSON, WY 5,1145.1k $788.5k $788.5k 0.12% Added +167 +167
100 Illinois Municipal Retirement Fund 0.01% of their portfolio OAK BROOK, IL 4,8784.9k $752.0k $752.0k 0.01% Reduced -10.7k -10,710