Vault-13

LENNAR CORP LEN.B

CL B · Common Stock · CUSIP 526057302

American home construction and real estate company

247 institutional holders -20 vs Q4 2024
7,887,4777.9m shares reported held*
$859.9mreported value*
20 new 80 added 71 reduced 39 sold out net sold ≈ $7.4m (-71.1k 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 ($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

0100200300Q3 22: 217Q4 22: 226Q1 23: 222Q2 23: 225Q3 23: 227Q4 23: 247Q1 24: 256Q2 24: 251Q3 24: 267Q4 24: 267Q1 25: 247247Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022217
Q4 2022226
Q1 2023222
Q2 2023225
Q3 2023227
Q4 2023247
Q1 2024256
Q2 2024251
Q3 2024267
Q4 2024267
Q1 2025247

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 76 bought or addedQ2 23: 96 cut or sold outQ3 23: 87 bought or addedQ3 23: 83 cut or sold outQ3 23Q4 23: 86 bought or addedQ4 23: 102 cut or sold outQ1 24: 81 bought or addedQ1 24: 112 cut or sold outQ1 24Q2 24: 82 bought or addedQ2 24: 110 cut or sold outQ3 24: 94 bought or addedQ3 24: 107 cut or sold outQ3 24Q4 24: 99 bought or addedQ4 24: 110 cut or sold outQ1 25: 100 bought or addedQ1 25: 110 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20237696
Q3 20238783
Q4 202386102
Q1 202481112
Q2 202482110
Q3 202494107
Q4 202499110
Q1 2025100110

Biggest buyers

MILLENNIUM MANAGEMENT LLC Added +32,695+32.7k
GoodHaven Capital Management, LLC Added +26,996+27.0k
Wealthfront Advisers LLC New +23,691+23.7k
GEODE CAPITAL MANAGEMENT, LLC Added +19,652+19.7k
VANGUARD GROUP INC Added +18,988+19.0k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Added +16,853+16.9k
Bank of New York Mellon Corp Added +16,368+16.4k
FMR LLC Added +12,833+12.8k
SEIZERT CAPITAL PARTNERS, LLC Added +10,674+10.7k
Quantinno Capital Management LP Added +9,274+9.3k

Biggest sellers

MALTESE CAPITAL MANAGEMENT LLC Sold out -44,898-44.9k
GABELLI & Co INVESTMENT ADVISERS, INC. Sold out -43,067-43.1k
GABELLI FUNDS LLC Reduced -38,234-38.2k
LOS ANGELES CAPITAL MANAGEMENT LLC Reduced -17,805-17.8k
MAI Capital Management Reduced -16,188-16.2k
THIRD AVENUE MANAGEMENT LLC Reduced -14,011-14.0k
FRANKLIN RESOURCES INC Reduced -10,598-10.6k
FIRST MANHATTAN CO. LLC. Reduced -10,378-10.4k
D. E. Shaw & Co., Inc. Reduced -10,351-10.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -10,172-10.2k

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 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)

BuyingSelling
404Q2 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 24Q2 24: 1 buyingQ2 24: 2 sellingQ3 24: 0 buyingQ3 24: 0 sellingQ3 24Q4 24: 0 buyingQ4 24: 1 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
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——
Q2 20241$247.3k2$4.8m$3.3m
Q3 20240—0——
Q4 20240—1$3.1m—
Q1 20250—0——

None reported in Q1 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,572,5601.6m $171.5m $171.5m 0.00% Added +19.0k +18,988
2 GABELLI FUNDS LLC 0.96% of their portfolio Rye, NY 1,153,9251.2m $125.9m $125.9m 0.96% Reduced -38.2k -38,234
3 GAMCO INVESTORS, INC. ET AL 0.55% of their portfolio GREENWICH, CT 458,119458.1k $50.0m $50.0m 0.55% Added +555 +555
4 GREENHAVEN ASSOCIATES INC 0.63% of their portfolio Purchase, NY 364,059364.1k $39.7m $39.7m 0.63% Unchanged
5 BlackRock, Inc. 0.00% of their portfolio New York, NY 363,790363.8k $39.7m $39.7m 0.00% Reduced -388 -388
6 NORGES BANK 0.00% of their portfolio OSLO, Q8 230,042230.0k $25.1m $25.1m 0.00% Unchanged
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 161,891161.9k $17.7m $17.7m 0.00% Reduced -588 -588
8 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 160,065160.1k $17.5m $17.5m 0.00% Added +2.8k +2,752
9 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 156,687156.7k $17.1m $17.1m 0.00% Reduced -2.9k -2,879
10 Berkshire Hathaway Inc 0.01% of their portfolio Omaha, NE 152,774152.8k $16.7m $16.7m 0.01% Added +202 +202
11 THIRD AVENUE MANAGEMENT LLC 3.23% of their portfolio NEW YORK, NY 147,770147.8k $16.1m $16.1m 3.23% Reduced -14.0k -14,011
12 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 146,091146.1k $15.9m $15.9m 0.01% Reduced -130 -130
13 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.03% of their portfolio TORONTO, A6 134,972135.0k $14.7m $14.7m 0.03% Reduced -1 -1
14 GoodHaven Capital Management, LLC 4.94% of their portfolio MILLBURN, NJ 133,682133.7k $14.6m $14.6m 4.94% Added +27.0k +26,996
15 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 118,720118.7k $12.9m $12.9m 0.00% Added +19.7k +19,652
16 NFC Investments, LLC 3.80% of their portfolio MEMPHIS, TN 117,285117.3k $12.8m $12.8m 3.80% Reduced -3.5k -3,485
17 683 Capital Management, LLC 1.27% of their portfolio NEW YORK, NY 115,000115.0k $12.5m $12.5m 1.27% Unchanged
18 QRG CAPITAL MANAGEMENT, INC. 0.11% of their portfolio BERWYN, PA 98,36598.4k $10.7m $10.7m 0.11% Reduced -6.1k -6,133
19 Torray Investment Partners LLC 1.57% of their portfolio Bethesda, MD 96,85996.9k $10.6m $10.6m 1.57% Unchanged
20 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 92,83692.8k $10.1m $10.1m 0.01% Reduced -4.5k -4,510
21 MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio DENVER, CO 90,32790.3k $9.9m $9.9m 0.02% Added +2.5k +2,472
22 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 84,27784.3k $9.2m $9.2m 0.01% Added +5.7k +5,712
23 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 81,02881.0k $8.8m $8.8m 0.00% Added +16.4k +16,368
24 Aristotle Capital Management, LLC 0.02% of their portfolio LOS ANGELES, CA 75,09675.1k $8.2m $8.2m 0.02% Reduced -685 -685
25 FMR LLC 0.00% of their portfolio BOSTON, MA 71,47171.5k $7.8m $7.8m 0.00% Added +12.8k +12,833
26 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio JUPITER, FL 65,93465.9k $7.2m $7.2m 0.03% Added +16.9k +16,853
27 Red Door Wealth Management, LLC 1.01% of their portfolio Memphis, TN 62,51662.5k $6.8m $6.8m 1.01% Added +4.7k +4,725
28 MONTGOMERY INVESTMENT MANAGEMENT INC 2.68% of their portfolio ROCKVILLE, MD 61,66861.7k $6.7m $6.7m 2.68% Added +100 +100
29 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 59,01959.0k $6.4m $6.4m 0.01% Reduced -6.8k -6,807
30 CHILTON INVESTMENT CO INC. 0.16% of their portfolio STAMFORD, CT 58,50158.5k $6.4m $6.4m 0.16% Reduced -2.4k -2,413
31 Legal & General Group Plc 0.00% of their portfolio London, X0 58,31658.3k $6.4m $6.4m 0.00% Added +2.0k +2,022
32 SEIZERT CAPITAL PARTNERS, LLC 0.29% of their portfolio BIRMINGHAM, MI 57,86757.9k $6.3m $6.3m 0.29% Added +10.7k +10,674
33 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 47,76647.8k $5.2m $5.2m 0.00% Reduced -1.7k -1,709
34 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 45,35245.4k $4.9m $4.9m 0.01% Added +7.8k +7,800
35 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 41,84641.8k $4.6m $4.6m 0.00% Reduced -6.1k -6,141
36 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 39,91039.9k $4.4m $4.4m 0.00% Added +32.7k +32,695
37 LOS ANGELES CAPITAL MANAGEMENT LLC 0.02% of their portfolio LOS ANGELES, CA 33,95834.0k $3.7m $3.7m 0.02% Reduced -17.8k -17,805
38 ACR Alpine Capital Research, LLC 0.08% of their portfolio ST. LOUIS, MO 33,34733.3k $3.6m $3.6m 0.08% Reduced -5.4k -5,376
39 Mraz, Amerine & Associates, Inc. 0.55% of their portfolio Modesto, CA 29,35529.4k $3.2m $3.2m 0.55% Added +111 +111
40 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 29,02329.0k $3.2m $3.2m 0.00% Added +388 +388
41 State of Alaska, Department of Revenue 0.03% of their portfolio JUNEAU, AK 27,99928.0k $3.1m $3.1m 0.03% Reduced -6.5k -6,500
42 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 26,80426.8k $2.9m $2.9m 0.00% Reduced -227 -227
43 Carmel Capital Partners, LLC 1.07% of their portfolio SAN DIEGO, CA 25,01825.0k $2.7m $2.7m 1.07% Unchanged
44 FIRST MANHATTAN CO. LLC. 0.01% of their portfolio NEW YORK, NY 24,29224.3k $2.6m $2.6m 0.01% Reduced -10.4k -10,378
45 Wealthfront Advisers LLC 0.01% of their portfolio Palo Alto, CA 23,69123.7k $2.6m $2.6m 0.01% New
46 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 22,61022.6k $2.5m $2.5m 0.00% Added +1.2k +1,237
47 Malaga Cove Capital, LLC 1.06% of their portfolio PV ESTATES, CA 22,53822.5k $2.5m $2.5m 1.06% Added +3.5k +3,461
48 Capital World Investors 0.00% of their portfolio LOS ANGELES, CA 21,16921.2k $2.3m $2.3m 0.00% Unchanged
49 Handelsbanken Fonder AB 0.01% of their portfolio STOCKHOLM, V7 20,73620.7k $2.3m $2.3m 0.01% Reduced -2.1k -2,068
50 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 20,25320.3k $2.2m $2.2m 0.00% Added +2.4k +2,446
51 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 19,86919.9k $2.2m $2.2m 0.00% Unchanged
52 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 18,96319.0k $2.1m $2.1m 0.00% First filing
53 Carnegie Investment Counsel 0.04% of their portfolio PEPPER PIKE, OH 18,50118.5k $1.9m $1.9m 0.04% Reduced -400 -400
54 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 17,07917.1k $1.9m $1.9m 0.00% Reduced -1.3k -1,271
55 Quantinno Capital Management LP 0.01% of their portfolio NEW YORK, NY 15,45415.5k $1.7m $1.7m 0.01% Added +9.3k +9,274
56 Byrne Asset Management LLC 1.16% of their portfolio KINGSTON, NJ 14,44214.4k $1.6m $1.6m 1.16% Reduced -126 -126
57 STRS OHIO 0.01% of their portfolio COLUMBUS, OH 14,10314.1k $1.5m $1.5m 0.01% Reduced -2.1k -2,073
58 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 14,02114.0k $1.5m $1.5m 0.00% Reduced -1.6k -1,558
59 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 13,96214.0k $1.5m $1.5m 0.01% Reduced -58 -58
60 ABN AMRO INVESTMENT SOLUTIONS 0.03% of their portfolio PARIS CEDEX 008, I0 13,80013.8k $1.5m $1.5m 0.03% Unchanged
61 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 13,10113.1k $1.4m $1.4m 0.00% Reduced -582 -582
62 CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio TORONTO ONTARIO, A6 12,63012.6k $1.4m $1.4m 0.00% Added +4.0k +4,021
63 Patient Capital Management, LLC 0.07% of their portfolio BALTIMORE, MD 12,50012.5k $1.4m $1.4m 0.07% Unchanged
64 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 12,45312.5k $1.4m $1.4m 0.00% Reduced -10.2k -10,172
65 UBS Group AG 0.00% of their portfolio ZURICH, V8 11,64411.6k $1.3m $1.3m 0.00% Added +6.0k +5,964
66 Amundi 0.00% of their portfolio Paris, I0 10,71310.7k $1.1m $1.1m 0.00% Reduced -2.9k -2,899
67 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 10,44110.4k $1.1m $1.1m 0.00% Added +2.4k +2,364
68 Ethic Inc. 0.02% of their portfolio NEW YORK, NY 10,07810.1k $1.1m $1.1m 0.02% Added +755 +755
69 Vanguard Personalized Indexing Management, LLC 0.02% of their portfolio OAKLAND, CA 9,8459.8k $1.1m $1.1m 0.02% Added +22 +22
70 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 9,4929.5k $1.0m $1.0m 0.00% Added +159 +159
71 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 9,1129.1k $993.8k $993.8k 0.00% Added +2.3k +2,334
72 Supplemental Annuity Collective Trust of NJ 0.31% of their portfolio TRENTON, NJ 9,0009.0k $981.6k $981.6k 0.31% Unchanged
73 DARK FOREST CAPITAL MANAGEMENT LP 0.04% of their portfolio NEW YORK, NY 7,9918.0k $871.6k $871.6k 0.04% Reduced -242 -242
74 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 7,9467.9k $866.7k $866.7k 0.00% Unchanged
75 ABC ARBITRAGE SA 0.16% of their portfolio PARIS, I0 7,9287.9k $864.7k $864.7k 0.16% New
76 Rafferty Asset Management, LLC 0.00% of their portfolio New York, NY 7,7467.7k $844.9k $844.9k 0.00% Added +288 +288
77 PRAXIS INVESTMENT MANAGEMENT INC 0.06% of their portfolio GOSHEN, IN 7,6807.7k $838.0k $838.0k 0.06% Added +1.6k +1,650
78 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 7,5037.5k $818.3k $818.3k 0.00% Reduced -52 -52
79 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 7,2547.3k $791.2k $791.2k 0.00% Added +5.6k +5,587
80 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 7,1367.1k $778.4k $778.4k 0.00% Reduced -44 -44
81 USS Investment Management Ltd 0.01% of their portfolio London, X0 6,5846.6k $717.5k $717.5k 0.01% Added +459 +459
82 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 6,2376.2k $680.3k $680.3k 0.00% Reduced -4.9k -4,922
83 Alaska Permanent Fund Corp 0.01% of their portfolio JUNEAU, AK 6,2116.2k $642.0k $642.0k 0.01% Unchanged
84 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 6,1446.1k $670.1k $670.1k 0.00% Added +22 +22
85 Treasurer of the State of North Carolina 0.00% of their portfolio RALEIGH, NC 6,1276.1k $668.0k $668.0k 0.00% Added +1.3k +1,260
86 Y-Intercept (Hong Kong) Ltd 0.05% of their portfolio HONG KONG, K3 6,1216.1k $667.6k $667.6k 0.05% New
87 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 6,0066.0k $655.1k $655.1k 0.00% First filing
88 Arbiter Partners Capital Management LLC 0.75% of their portfolio NEW YORK, NY 5,6295.6k $614.0k $614.0k 0.75% Unchanged
89 Huber Capital Management LLC 0.11% of their portfolio EL SEGUNDO, CA 5,5605.6k $606.4k $606.4k 0.11% Unchanged
90 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 5,3445.3k $582.9k $582.9k 0.00% Reduced -2.0k -2,000
91 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 4,9645.0k $541.4k $541.4k 0.00% Added +12 +12
92 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 4,8014.8k $524.0k $524.0k 0.00% Added +883 +883
93 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 4,8004.8k $523.5k $523.5k 0.00% New
94 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 4,6634.7k $508.6k $508.6k 0.00% Added +1.3k +1,321
95 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 4,6114.6k $502.9k $502.9k 0.00% Added +1.1k +1,050
96 Empowered Funds, LLC 0.01% of their portfolio NEWTOWN SQUARE, PA 4,5974.6k $501.4k $501.4k 0.01% Added +2.0k +1,976
97 ATLAS CAPITAL ADVISORS INC. 0.06% of their portfolio JACKSON, WY 4,4754.5k $488.1k $488.1k 0.06% Reduced -370 -370
98 Vestcor Inc 0.02% of their portfolio FREDERICTON, A3 4,4694.5k $487.0k $487.0k 0.02% Added +370 +370
99 CCM INVESTMENT GROUP, LLC 0.05% of their portfolio NORTHFIELD, MN 4,4694.5k $484.1k $484.1k 0.05% Added +2.0k +1,975
100 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 4,2564.3k $464.2k $464.2k 0.00% Reduced -75 -75