LENNAR CORP LEN.B
CL B · Common Stock · CUSIP 526057302
American home construction and real estate company
- SectorIndustrials
- IndustryGeneral Bldg Contractors - Residential Bldgs
- HeadquartersMiami, FL
- Founded1954
- Websitelennar.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 ($222.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $109.02. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 217 |
| Q4 2022 | 226 |
| Q1 2023 | 222 |
| Q2 2023 | 225 |
| Q3 2023 | 227 |
| Q4 2023 | 247 |
| Q1 2024 | 256 |
| Q2 2024 | 251 |
| Q3 2024 | 267 |
| Q4 2024 | 267 |
| Q1 2025 | 247 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 76 | 96 |
| Q3 2023 | 87 | 83 |
| Q4 2023 | 86 | 102 |
| Q1 2024 | 81 | 112 |
| Q2 2024 | 82 | 110 |
| Q3 2024 | 94 | 107 |
| Q4 2024 | 99 | 110 |
| Q1 2025 | 100 | 110 |
Biggest buyers
| MILLENNIUM MANAGEMENT LLC | Added | +32.7k |
| GoodHaven Capital Management, LLC | Added | +27.0k |
| Wealthfront Advisers LLC | New | +23.7k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +19.7k |
| VANGUARD GROUP INC | Added | +19.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +16.9k |
| Bank of New York Mellon Corp | Added | +16.4k |
| FMR LLC | Added | +12.8k |
| SEIZERT CAPITAL PARTNERS, LLC | Added | +10.7k |
| Quantinno Capital Management LP | Added | +9.3k |
Biggest sellers
| MALTESE CAPITAL MANAGEMENT LLC | Sold out | -44.9k |
| GABELLI & Co INVESTMENT ADVISERS, INC. | Sold out | -43.1k |
| GABELLI FUNDS LLC | Reduced | -38.2k |
| LOS ANGELES CAPITAL MANAGEMENT LLC | Reduced | -17.8k |
| MAI Capital Management | Reduced | -16.2k |
| THIRD AVENUE MANAGEMENT LLC | Reduced | -14.0k |
| FRANKLIN RESOURCES INC | Reduced | -10.6k |
| FIRST MANHATTAN CO. LLC. | Reduced | -10.4k |
| D. E. Shaw & Co., Inc. | Reduced | -10.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -10.2k |
Biggest calls
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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.
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 2025
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 |
|---|---|---|---|---|---|
| Q2 2023 | 1 | $20.0k | 2 | $2.4m | — |
| Q3 2023 | 1 | $301.8k | 1 | $1.3m | $1.3m |
| Q4 2023 | 1 | $100.0k | 4 | $9.3m | $1.1m |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 1 | $247.3k | 2 | $4.8m | $3.3m |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 1 | $3.1m | — |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 1.6m $171.5m | Added +19.0k |
| GABELLI FUNDS LLC 0.96% of their portfolio | 1.2m $125.9m | Reduced -38.2k |
| GAMCO INVESTORS, INC. ET AL 0.55% of their portfolio | 458.1k $50.0m | Added +555 |
| GREENHAVEN ASSOCIATES INC 0.63% of their portfolio | 364.1k $39.7m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 363.8k $39.7m | Reduced -388 |
| NORGES BANK 0.00% of their portfolio | 230.0k $25.1m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 161.9k $17.7m | Reduced -588 |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 160.1k $17.5m | Added +2.8k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 156.7k $17.1m | Reduced -2.9k |
| Berkshire Hathaway Inc 0.01% of their portfolio | 152.8k $16.7m | Added +202 |
| THIRD AVENUE MANAGEMENT LLC 3.23% of their portfolio | 147.8k $16.1m | Reduced -14.0k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 146.1k $15.9m | Reduced -130 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.03% of their portfolio | 135.0k $14.7m | Reduced -1 |
| GoodHaven Capital Management, LLC 4.94% of their portfolio | 133.7k $14.6m | Added +27.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 118.7k $12.9m | Added +19.7k |
| NFC Investments, LLC 3.80% of their portfolio | 117.3k $12.8m | Reduced -3.5k |
| 683 Capital Management, LLC 1.27% of their portfolio | 115.0k $12.5m | Unchanged |
| QRG CAPITAL MANAGEMENT, INC. 0.11% of their portfolio | 98.4k $10.7m | Reduced -6.1k |
| Torray Investment Partners LLC 1.57% of their portfolio | 96.9k $10.6m | Unchanged |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 92.8k $10.1m | Reduced -4.5k |
| MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio | 90.3k $9.9m | Added +2.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 84.3k $9.2m | Added +5.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 81.0k $8.8m | Added +16.4k |
| Aristotle Capital Management, LLC 0.02% of their portfolio | 75.1k $8.2m | Reduced -685 |
| FMR LLC 0.00% of their portfolio | 71.5k $7.8m | Added +12.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 65.9k $7.2m | Added +16.9k |
| Red Door Wealth Management, LLC 1.01% of their portfolio | 62.5k $6.8m | Added +4.7k |
| MONTGOMERY INVESTMENT MANAGEMENT INC 2.68% of their portfolio | 61.7k $6.7m | Added +100 |
| SEI INVESTMENTS CO 0.01% of their portfolio | 59.0k $6.4m | Reduced -6.8k |
| CHILTON INVESTMENT CO INC. 0.16% of their portfolio | 58.5k $6.4m | Reduced -2.4k |
| Legal & General Group Plc 0.00% of their portfolio | 58.3k $6.4m | Added +2.0k |
| SEIZERT CAPITAL PARTNERS, LLC 0.29% of their portfolio | 57.9k $6.3m | Added +10.7k |
| STATE STREET CORP 0.00% of their portfolio | 47.8k $5.2m | Reduced -1.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 45.4k $4.9m | Added +7.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 41.8k $4.6m | Reduced -6.1k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 39.9k $4.4m | Added +32.7k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 34.0k $3.7m | Reduced -17.8k |
| ACR Alpine Capital Research, LLC 0.08% of their portfolio | 33.3k $3.6m | Reduced -5.4k |
| Mraz, Amerine & Associates, Inc. 0.55% of their portfolio | 29.4k $3.2m | Added +111 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 29.0k $3.2m | Added +388 |
| State of Alaska, Department of Revenue 0.03% of their portfolio | 28.0k $3.1m | Reduced -6.5k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 26.8k $2.9m | Reduced -227 |
| Carmel Capital Partners, LLC 1.07% of their portfolio | 25.0k $2.7m | Unchanged |
| FIRST MANHATTAN CO. LLC. 0.01% of their portfolio | 24.3k $2.6m | Reduced -10.4k |
| Wealthfront Advisers LLC 0.01% of their portfolio | 23.7k $2.6m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 22.6k $2.5m | Added +1.2k |
| Malaga Cove Capital, LLC 1.06% of their portfolio | 22.5k $2.5m | Added +3.5k |
| Capital World Investors 0.00% of their portfolio | 21.2k $2.3m | Unchanged |
| Handelsbanken Fonder AB 0.01% of their portfolio | 20.7k $2.3m | Reduced -2.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 20.3k $2.2m | Added +2.4k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 19.9k $2.2m | Unchanged |
| Nuveen, LLC 0.00% of their portfolio | 19.0k $2.1m | First filing |
| Carnegie Investment Counsel 0.04% of their portfolio | 18.5k $1.9m | Reduced -400 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 17.1k $1.9m | Reduced -1.3k |
| Quantinno Capital Management LP 0.01% of their portfolio | 15.5k $1.7m | Added +9.3k |
| Byrne Asset Management LLC 1.16% of their portfolio | 14.4k $1.6m | Reduced -126 |
| STRS OHIO 0.01% of their portfolio | 14.1k $1.5m | Reduced -2.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 14.0k $1.5m | Reduced -1.6k |
| SG Americas Securities, LLC 0.01% of their portfolio | 14.0k $1.5m | Reduced -58 |
| ABN AMRO INVESTMENT SOLUTIONS 0.03% of their portfolio | 13.8k $1.5m | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 13.1k $1.4m | Reduced -582 |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 12.6k $1.4m | Added +4.0k |
| Patient Capital Management, LLC 0.07% of their portfolio | 12.5k $1.4m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 12.5k $1.4m | Reduced -10.2k |
| UBS Group AG 0.00% of their portfolio | 11.6k $1.3m | Added +6.0k |
| Amundi 0.00% of their portfolio | 10.7k $1.1m | Reduced -2.9k |
| CITIGROUP INC 0.00% of their portfolio | 10.4k $1.1m | Added +2.4k |
| Ethic Inc. 0.02% of their portfolio | 10.1k $1.1m | Added +755 |
| Vanguard Personalized Indexing Management, LLC 0.02% of their portfolio | 9.8k $1.1m | Added +22 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 9.5k $1.0m | Added +159 |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 9.1k $993.8k | Added +2.3k |
| Supplemental Annuity Collective Trust of NJ 0.31% of their portfolio | 9.0k $981.6k | Unchanged |
| DARK FOREST CAPITAL MANAGEMENT LP 0.04% of their portfolio | 8.0k $871.6k | Reduced -242 |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 7.9k $866.7k | Unchanged |
| ABC ARBITRAGE SA 0.16% of their portfolio | 7.9k $864.7k | New |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 7.7k $844.9k | Added +288 |
| PRAXIS INVESTMENT MANAGEMENT INC 0.06% of their portfolio | 7.7k $838.0k | Added +1.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 7.5k $818.3k | Reduced -52 |
| BARCLAYS PLC 0.00% of their portfolio | 7.3k $791.2k | Added +5.6k |
| Creative Planning 0.00% of their portfolio | 7.1k $778.4k | Reduced -44 |
| USS Investment Management Ltd 0.01% of their portfolio | 6.6k $717.5k | Added +459 |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 6.2k $680.3k | Reduced -4.9k |
| Alaska Permanent Fund Corp 0.01% of their portfolio | 6.2k $642.0k | Unchanged |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 6.1k $670.1k | Added +22 |
| Treasurer of the State of North Carolina 0.00% of their portfolio | 6.1k $668.0k | Added +1.3k |
| Y-Intercept (Hong Kong) Ltd 0.05% of their portfolio | 6.1k $667.6k | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 6.0k $655.1k | First filing |
| Arbiter Partners Capital Management LLC 0.75% of their portfolio | 5.6k $614.0k | Unchanged |
| Huber Capital Management LLC 0.11% of their portfolio | 5.6k $606.4k | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 5.3k $582.9k | Reduced -2.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 5.0k $541.4k | Added +12 |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 4.8k $524.0k | Added +883 |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 4.8k $523.5k | New |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 4.7k $508.6k | Added +1.3k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 4.6k $502.9k | Added +1.1k |
| Empowered Funds, LLC 0.01% of their portfolio | 4.6k $501.4k | Added +2.0k |
| ATLAS CAPITAL ADVISORS INC. 0.06% of their portfolio | 4.5k $488.1k | Reduced -370 |
| Vestcor Inc 0.02% of their portfolio | 4.5k $487.0k | Added +370 |
| CCM INVESTMENT GROUP, LLC 0.05% of their portfolio | 4.5k $484.1k | Added +2.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 4.3k $464.2k | Reduced -75 |