Vault-13

LENNAR CORP LEN.B

CL B · Common Stock · CUSIP 526057302

American home construction and real estate company

242 institutional holders -5 vs Q1 2025
7,717,8907.7m shares reported held*
$812.2mreported value*
27 new 85 added 71 reduced 32 sold out net sold ≈ $17.1m (-162.6k 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 ($479.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $105.24. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).

Trends to Q2 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: 247Q2 25: 242242Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025242

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 87 bought or addedQ3 23: 83 cut or sold outQ4 23: 86 bought or addedQ4 23: 102 cut or sold outQ4 23Q1 24: 81 bought or addedQ1 24: 112 cut or sold outQ2 24: 82 bought or addedQ2 24: 110 cut or sold outQ2 24Q3 24: 94 bought or addedQ3 24: 107 cut or sold outQ4 24: 99 bought or addedQ4 24: 110 cut or sold outQ4 24Q1 25: 100 bought or addedQ1 25: 110 cut or sold outQ2 25: 112 bought or addedQ2 25: 103 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20238783
Q4 202386102
Q1 202481112
Q2 202482110
Q3 202494107
Q4 202499110
Q1 2025100110
Q2 2025112103

Biggest buyers

Torray Investment Partners LLC Added +32,883+32.9k
STATE STREET CORP Added +28,187+28.2k
Berkshire Hathaway Inc Added +28,156+28.2k
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Added +26,582+26.6k
Wealthfront Advisers LLC Added +19,348+19.3k
Legal & General Group Plc Added +17,390+17.4k
MORGAN STANLEY Added +16,822+16.8k
Quantinno Capital Management LP Added +14,326+14.3k
AQR CAPITAL MANAGEMENT LLC Added +14,197+14.2k
FMR LLC Added +13,558+13.6k

Biggest sellers

QRG CAPITAL MANAGEMENT, INC. Reduced -67,693-67.7k
MERCER GLOBAL ADVISORS INC /ADV Reduced -64,519-64.5k
CHILTON INVESTMENT CO INC. Reduced -56,036-56.0k
MILLENNIUM MANAGEMENT LLC Sold out -39,910-39.9k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Reduced -25,156-25.2k
RENAISSANCE TECHNOLOGIES LLC Reduced -23,500-23.5k
BlackRock, Inc. Reduced -20,393-20.4k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -19,215-19.2k
Bank of New York Mellon Corp Reduced -15,435-15.4k
SG Americas Securities, LLC Sold out -13,962-14.0k

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 Q2 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
404Q3 23: 1 buyingQ3 23: 1 sellingQ4 23: 1 buyingQ4 23: 4 sellingQ4 23Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 1 buyingQ2 24: 2 sellingQ2 24Q3 24: 0 buyingQ3 24: 0 sellingQ4 24: 0 buyingQ4 24: 1 sellingQ4 24Q1 25: 0 buyingQ1 25: 0 sellingQ2 25: 0 buyingQ2 25: 0 sellingQ2 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
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——
Q2 20250—0——

None reported in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,561,4211.6m $164.3m $164.3m 0.00% Reduced -11.1k -11,139
2 GABELLI FUNDS LLC 0.86% of their portfolio Rye, NY 1,148,4001.1m $120.9m $120.9m 0.86% Reduced -5.5k -5,525
3 GAMCO INVESTORS, INC. ET AL 0.48% of their portfolio GREENWICH, CT 457,382457.4k $48.1m $48.1m 0.48% Reduced -737 -737
4 GREENHAVEN ASSOCIATES INC 0.57% of their portfolio Purchase, NY 364,059364.1k $38.3m $38.3m 0.57% Unchanged
5 BlackRock, Inc. 0.00% of their portfolio New York, NY 343,397343.4k $36.1m $36.1m 0.00% Reduced -20.4k -20,393
6 NORGES BANK 0.00% of their portfolio OSLO, Q8 230,042230.0k $24.2m $24.2m 0.00% Unchanged
7 Berkshire Hathaway Inc 0.01% of their portfolio Omaha, NE 180,930180.9k $19.0m $19.0m 0.01% Added +28.2k +28,156
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 178,713178.7k $18.8m $18.8m 0.00% Added +16.8k +16,822
9 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 157,986158.0k $16.6m $16.6m 0.00% Reduced -2.1k -2,079
10 THIRD AVENUE MANAGEMENT LLC 3.21% of their portfolio NEW YORK, NY 148,033148.0k $15.6m $15.6m 3.21% Added +263 +263
11 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 144,021144.0k $15.2m $15.2m 0.01% Reduced -2.1k -2,070
12 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 143,763143.8k $15.1m $15.1m 0.00% Reduced -12.9k -12,924
13 GoodHaven Capital Management, LLC 5.07% of their portfolio MILLBURN, NJ 138,655138.7k $14.6m $14.6m 5.07% Added +5.0k +4,973
14 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.03% of their portfolio TORONTO, A6 134,972135.0k $14.2m $14.2m 0.03% Unchanged
15 Torray Investment Partners LLC 1.98% of their portfolio Bethesda, MD 129,742129.7k $13.7m $13.7m 1.98% Added +32.9k +32,883
16 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 120,745120.7k $12.7m $12.7m 0.00% Added +2.0k +2,025
17 NFC Investments, LLC 3.62% of their portfolio MEMPHIS, TN 120,140120.1k $12.6m $12.6m 3.62% Added +2.9k +2,855
18 683 Capital Management, LLC 1.23% of their portfolio NEW YORK, NY 115,000115.0k $12.1m $12.1m 1.23% Unchanged
19 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 91,74891.7k $9.7m $9.7m 0.01% Added +7.5k +7,471
20 FMR LLC 0.00% of their portfolio BOSTON, MA 85,02985.0k $8.9m $8.9m 0.00% Added +13.6k +13,558
21 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 75,95376.0k $8.0m $8.0m 0.00% Added +28.2k +28,187
22 Legal & General Group Plc 0.00% of their portfolio London, X0 75,70675.7k $8.0m $8.0m 0.00% Added +17.4k +17,390
23 Aristotle Capital Management, LLC 0.02% of their portfolio LOS ANGELES, CA 74,40474.4k $7.8m $7.8m 0.02% Reduced -692 -692
24 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 73,62173.6k $7.7m $7.7m 0.01% Reduced -19.2k -19,215
25 Red Door Wealth Management, LLC 0.86% of their portfolio Memphis, TN 68,21768.2k $7.2m $7.2m 0.86% Added +5.7k +5,701
26 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 65,59365.6k $6.9m $6.9m 0.00% Reduced -15.4k -15,435
27 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 60,11060.1k $6.3m $6.3m 0.01% Added +1.1k +1,091
28 MONTGOMERY INVESTMENT MANAGEMENT INC 2.32% of their portfolio ROCKVILLE, MD 57,06857.1k $6.0m $6.0m 2.32% Reduced -4.6k -4,600
29 SEIZERT CAPITAL PARTNERS, LLC 0.25% of their portfolio BIRMINGHAM, MI 54,31754.3k $5.7m $5.7m 0.25% Reduced -3.5k -3,550
30 Wealthfront Advisers LLC 0.01% of their portfolio Palo Alto, CA 43,03943.0k $4.5m $4.5m 0.01% Added +19.3k +19,348
31 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio JUPITER, FL 40,77840.8k $4.3m $4.3m 0.02% Reduced -25.2k -25,156
32 ACR Alpine Capital Research, LLC 0.07% of their portfolio ST. LOUIS, MO 35,76135.8k $3.8m $3.8m 0.07% Added +2.4k +2,414
33 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 35,43135.4k $3.7m $3.7m 0.00% Reduced -6.4k -6,415
34 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 31,03031.0k $3.3m $3.3m 0.00% Added +2.0k +2,007
35 Handelsbanken Fonder AB 0.01% of their portfolio STOCKHOLM, V7 30,93030.9k $3.3m $3.3m 0.01% Added +10.2k +10,194
36 Mraz, Amerine & Associates, Inc. 0.52% of their portfolio Modesto, CA 30,69230.7k $3.2m $3.2m 0.52% Added +1.3k +1,337
37 QRG CAPITAL MANAGEMENT, INC. 0.03% of their portfolio BERWYN, PA 30,67230.7k $3.2m $3.2m 0.03% Reduced -67.7k -67,693
38 Quantinno Capital Management LP 0.01% of their portfolio NEW YORK, NY 29,78029.8k $3.1m $3.1m 0.01% Added +14.3k +14,326
39 LOS ANGELES CAPITAL MANAGEMENT LLC 0.01% of their portfolio LOS ANGELES, CA 29,05829.1k $3.1m $3.1m 0.01% Reduced -4.9k -4,900
40 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 28,62828.6k $3.0m $3.0m 0.00% Added +11.5k +11,549
41 State of Alaska, Department of Revenue 0.03% of their portfolio JUNEAU, AK 27,99928.0k $2.9m $2.9m 0.03% Unchanged
42 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 26,84526.8k $2.8m $2.8m 0.00% Added +41 +41
43 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio CAUSEWAY BAY, K3 26,58826.6k $2.8m $2.8m 0.01% Added +26.6k +26,582
44 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 25,80825.8k $2.7m $2.7m 0.01% Reduced -64.5k -64,519
45 Carmel Capital Partners, LLC 0.92% of their portfolio SAN DIEGO, CA 25,01825.0k $2.6m $2.6m 0.92% Unchanged
46 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 23,83723.8k $2.5m $2.5m 0.00% Added +1.2k +1,227
47 FIRST MANHATTAN CO. LLC. 0.01% of their portfolio NEW YORK, NY 22,74222.7k $2.4m $2.4m 0.01% Reduced -1.6k -1,550
48 Malaga Cove Capital, LLC 0.92% of their portfolio PV ESTATES, CA 22,20422.2k $2.3m $2.3m 0.92% Reduced -334 -334
49 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 21,85221.9k $2.3m $2.3m 0.00% Reduced -23.5k -23,500
50 Capital World Investors 0.00% of their portfolio LOS ANGELES, CA 21,16921.2k $2.2m $2.2m 0.00% Unchanged
51 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 20,97021.0k $2.2m $2.2m 0.00% Added +717 +717
52 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 18,86018.9k $2.0m $2.0m 0.00% Added +14.2k +14,197
53 Carnegie Investment Counsel 0.04% of their portfolio PEPPER PIKE, OH 18,32618.3k $1.9m $1.9m 0.04% Reduced -175 -175
54 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 16,15416.2k $1.7m $1.7m 0.00% Reduced -2.8k -2,809
55 CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio TORONTO ONTARIO, A6 15,60015.6k $1.6m $1.6m 0.00% Added +3.0k +2,970
56 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 15,40715.4k $1.6m $1.6m 0.00% Added +2.3k +2,306
57 Byrne Asset Management LLC 1.03% of their portfolio KINGSTON, NJ 14,71214.7k $1.5m $1.5m 1.03% Added +270 +270
58 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 14,70914.7k $1.5m $1.5m 0.00% Reduced -5.2k -5,160
59 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% Unchanged
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 Ethic Inc. 0.03% of their portfolio NEW YORK, NY 13,76113.8k $1.4m $1.4m 0.03% Added +3.7k +3,683
62 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 12,71412.7k $1.3m $1.3m 0.00% Added +6.5k +6,477
63 Patient Capital Management, LLC 0.06% of their portfolio BALTIMORE, MD 12,50012.5k $1.3m $1.3m 0.06% Unchanged
64 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 10,79510.8k $1.1m $1.1m 0.00% Added +1.7k +1,683
65 UBS Group AG 0.00% of their portfolio ZURICH, V8 10,58010.6k $1.1m $1.1m 0.00% Reduced -1.1k -1,064
66 Amundi 0.00% of their portfolio Paris, I0 10,30010.3k $1.1m $1.1m 0.00% Reduced -413 -413
67 ABC ARBITRAGE SA 0.12% of their portfolio PARIS, I0 10,23210.2k $1.1m $1.1m 0.12% Added +2.3k +2,304
68 Vanguard Personalized Indexing Management, LLC 0.01% of their portfolio OAKLAND, CA 10,23010.2k $1.1m $1.1m 0.01% Added +385 +385
69 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 9,99810.0k $1.1m $1.1m 0.00% Added +2.5k +2,495
70 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 9,4009.4k $989.4k $989.4k 0.00% Reduced -92 -92
71 Supplemental Annuity Collective Trust of NJ 0.27% of their portfolio TRENTON, NJ 9,0009.0k $947.2k $947.2k 0.27% Unchanged
72 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 8,9819.0k $945.3k $945.3k 0.00% Added +1.7k +1,727
73 Rafferty Asset Management, LLC 0.00% of their portfolio New York, NY 8,7228.7k $918.0k $918.0k 0.00% Added +976 +976
74 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 8,5728.6k $902.2k $902.2k 0.00% New
75 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 8,1548.2k $858.2k $858.2k 0.00% Added +1.0k +1,018
76 DARK FOREST CAPITAL MANAGEMENT LP 0.03% of their portfolio NEW YORK, NY 7,9988.0k $841.8k $841.8k 0.03% Added +7 +7
77 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 7,9467.9k $836.3k $836.3k 0.00% Unchanged
78 USS Investment Management Ltd 0.00% of their portfolio London, X0 7,4147.4k $779.4k $779.4k 0.00% Added +830 +830
79 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 6,5986.6k $694.4k $694.4k 0.00% Reduced -5.9k -5,855
80 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 6,4096.4k $674.5k $674.5k 0.00% Reduced -4.0k -4,032
81 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 6,1686.2k $649.2k $649.2k 0.00% Added +24 +24
82 Empowered Funds, LLC 0.01% of their portfolio NEWTOWN SQUARE, PA 6,1616.2k $648.4k $648.4k 0.01% Added +1.6k +1,564
83 Arbiter Partners Capital Management LLC 0.53% of their portfolio NEW YORK, NY 5,6295.6k $592.5k $592.5k 0.53% Unchanged
84 Huber Capital Management LLC 0.10% of their portfolio EL SEGUNDO, CA 5,5605.6k $585.2k $585.2k 0.10% Unchanged
85 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 5,4065.4k $569.0k $569.0k 0.00% Added +442 +442
86 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 5,3445.3k $562.5k $562.5k 0.00% Unchanged
87 Regal Investment Advisors LLC 0.04% of their portfolio KENTWOOD, MI 5,1005.1k $536.8k $536.8k 0.04% New
88 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 4,8234.8k $507.6k $507.6k 0.00% Added +212 +212
89 Meeder Advisory Services, Inc. 0.03% of their portfolio DUBLIN, OH 4,6504.7k $489.4k $489.4k 0.03% Added +525 +525
90 Treasurer of the State of North Carolina 0.00% of their portfolio RALEIGH, NC 4,4534.5k $469.0k $469.0k 0.00% Reduced -1.7k -1,674
91 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 4,0894.1k $430.3k $430.3k 0.00% Added +1.0k +1,003
92 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 3,7953.8k $399.4k $399.4k 0.00% Reduced -461 -461
93 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 3,7663.8k $396.4k $396.4k 0.00% Reduced -122 -122
94 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 3,2433.2k $341.3k $341.3k 0.00% New
95 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 3,0723.1k $323.3k $323.3k 0.00% Unchanged
96 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 3,0473.0k $320.7k $320.7k 0.00% Reduced -237 -237
97 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 2,9613.0k $311.6k $311.6k 0.00% Reduced -400 -400
98 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 2,8372.8k $298.6k $298.6k 0.00% New
99 ATLAS CAPITAL ADVISORS INC. 0.04% of their portfolio JACKSON, WY 2,8022.8k $294.9k $294.9k 0.04% Reduced -1.7k -1,673
100 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 2,7752.8k $292.0k $292.0k 0.00% Reduced -2.0k -2,026