Vault-13

LENNAR CORP LEN.B

CL B · Common Stock · CUSIP 526057302

American home construction and real estate company

245 institutional holders -13 vs Q4 2025
7,128,4027.1m shares reported held*
$599.6mreported value*
27 new 66 added 85 reduced 41 sold out net sold ≈ $10.8m (-128.7k 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 ($2.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $84.12. Options: 1 managers hold calls ($252.4k notional), 0 hold puts (—).

Trends to Q1 2026

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: 242Q3 25: 257Q4 25: 258Q1 26: 245245Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 2025257
Q4 2025258
Q1 2026245

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 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 25Q2 25: 112 bought or addedQ2 25: 103 cut or sold outQ3 25: 113 bought or addedQ3 25: 91 cut or sold outQ3 25Q4 25: 99 bought or addedQ4 25: 122 cut or sold outQ1 26: 93 bought or addedQ1 26: 126 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 202482110
Q3 202494107
Q4 202499110
Q1 2025100110
Q2 2025112103
Q3 202511391
Q4 202599122
Q1 202693126

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100k$200k$300kQ2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $26.7kQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $252.4kQ1 26 puts: $0Q1 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2025$0$0—
Q3 2025$0$0—
Q4 2025$26.7k$00.00
Q1 2026$252.4k$00.00

Biggest buyers

RAYMOND JAMES FINANCIAL INC Added +132,291+132.3k
River Road Asset Management, LLC New +58,920+58.9k
Berkshire Hathaway Inc Added +56,723+56.7k
MAGNOLIA GROUP, LLC Added +37,719+37.7k
HRT FINANCIAL LP New +29,051+29.1k
Legal & General Group Plc Added +18,941+18.9k
GoodHaven Capital Management, LLC Added +12,385+12.4k
UBS Group AG Added +10,901+10.9k
FMR LLC Added +10,468+10.5k
XTX Topco Ltd Added +9,218+9.2k

Biggest sellers

NFC Investments, LLC Sold out -113,311-113.3k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -37,215-37.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -36,970-37.0k
JANE STREET GROUP, LLC Reduced -26,826-26.8k
NORTHERN TRUST CORP Reduced -25,878-25.9k
FIRST MANHATTAN CO. LLC. Sold out -21,717-21.7k
Malaga Cove Capital, LLC Sold out -20,813-20.8k
ABC ARBITRAGE SA Sold out -19,100-19.1k
MORGAN STANLEY Reduced -17,859-17.9k
MILLENNIUM MANAGEMENT LLC Reduced -16,670-16.7k

Biggest calls

GoodHaven Capital Management, LLC Added $252.4k3.0k shares

Biggest puts

None

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 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)

BuyingSelling
202Q2 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 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20241$247.3k2$4.8m$3.3m
Q3 20240—0——
Q4 20240—1$3.1m—
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20250—0——
Q1 20260—0——

None reported in Q1 2026.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GABELLI FUNDS LLC 0.65% of their portfolio Rye, NY 1,141,9001.1m $96.1m $96.1m 0.65% Added +1.2k +1,200
2 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 1,084,6081.1m $91.2m $91.2m 0.00% First filing
3 GAMCO INVESTORS, INC. ET AL 0.37% of their portfolio GREENWICH, CT 449,333449.3k $37.8m $37.8m 0.37% Reduced -16.5k -16,537
4 VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 425,002425.0k $35.8m $35.8m 0.00% First filing
5 GREENHAVEN ASSOCIATES INC 0.50% of their portfolio Purchase, NY 364,059364.1k $30.6m $30.6m 0.50% Unchanged
6 BlackRock, Inc. 0.00% of their portfolio New York, NY 326,471326.5k $27.5m $27.5m 0.00% Reduced -6.4k -6,418
7 Berkshire Hathaway Inc 0.01% of their portfolio Omaha, NE 237,703237.7k $20.0m $20.0m 0.01% Added +56.7k +56,723
8 GoodHaven Capital Management, LLC 4.80% of their portfolio MILLBURN, NJ 163,440163.4k $13.7m $13.7m 4.80% Added +12.4k +12,385
9 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 156,848156.8k $13.2m $13.2m 0.00% Added +6.1k +6,092
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 151,764151.8k $12.8m $12.8m 0.00% Reduced -17.9k -17,859
11 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 144,932144.9k $12.2m $12.2m 0.00% Added +132.3k +132,291
12 THIRD AVENUE MANAGEMENT LLC 1.95% of their portfolio NEW YORK, NY 142,843142.8k $12.0m $12.0m 1.95% Reduced -5.2k -5,165
13 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio TORONTO, A6 134,972135.0k $11.4m $11.4m 0.02% Unchanged
14 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 129,156129.2k $10.9m $10.9m 0.00% Added +2.2k +2,161
15 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 124,118124.1k $10.4m $10.4m 0.00% Added +2.2k +2,158
16 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 118,801118.8k $10.0m $10.0m 0.01% Added +5.8k +5,827
17 683 Capital Management, LLC 0.90% of their portfolio NEW YORK, NY 115,000115.0k $9.7m $9.7m 0.90% Unchanged
18 MAGNOLIA GROUP, LLC 1.70% of their portfolio OMAHA, NE 108,750108.8k $9.1m $9.1m 1.70% Added +37.7k +37,719
19 Legal & General Group Plc 0.00% of their portfolio London, X0 99,37499.4k $8.4m $8.4m 0.00% Added +18.9k +18,941
20 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 88,84988.8k $7.5m $7.5m 0.01% Reduced -2.9k -2,853
21 FMR LLC 0.00% of their portfolio BOSTON, MA 87,91587.9k $7.4m $7.4m 0.00% Added +10.5k +10,468
22 Red Door Wealth Management, LLC 0.57% of their portfolio Memphis, TN 64,85064.8k $5.5m $5.5m 0.57% Reduced -855 -855
23 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 63,14563.1k $5.3m $5.3m 0.00% Reduced -2.1k -2,085
24 River Road Asset Management, LLC 0.06% of their portfolio LOUISVILLE, KY 58,92058.9k $5.0m $5.0m 0.06% New
25 MONTGOMERY INVESTMENT MANAGEMENT INC 1.59% of their portfolio ROCKVILLE, MD 55,31755.3k $4.7m $4.7m 1.59% Reduced -1.4k -1,400
26 Aristotle Capital Management, LLC 0.01% of their portfolio LOS ANGELES, CA 52,36052.4k $4.4m $4.4m 0.01% Reduced -1.1k -1,132
27 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 39,39139.4k $3.3m $3.3m 0.00% Reduced -4.4k -4,431
28 Mraz, Amerine & Associates, Inc. 0.43% of their portfolio Modesto, CA 34,36634.4k $2.9m $2.9m 0.43% Added +1.8k +1,760
29 ACR Alpine Capital Research, LLC 0.04% of their portfolio ST. LOUIS, MO 33,95534.0k $2.9m $2.9m 0.04% Added +3.8k +3,767
30 Carnegie Investment Counsel 0.05% of their portfolio PEPPER PIKE, OH 32,04532.0k $2.7m $2.7m 0.05% Reduced -10.5k -10,537
31 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 30,80830.8k $2.6m $2.6m 0.00% Reduced -25.9k -25,878
32 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 30,61030.6k $2.6m $2.6m 0.00% Added +8.7k +8,735
33 VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio London, EC4N 8AF, X0 29,90629.9k $2.5m $2.5m 0.00% First filing
34 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 29,05129.1k $2.4m $2.4m 0.01% New
35 State of Alaska, Department of Revenue 0.03% of their portfolio JUNEAU, AK 27,99928.0k $2.4m $2.4m 0.03% Unchanged
36 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 26,48426.5k $2.2m $2.2m 0.00% Reduced -37.2k -37,215
37 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 25,74925.7k $2.2m $2.2m 0.00% Added +3.4k +3,403
38 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 25,31925.3k $2.1m $2.1m 0.00% Added +541 +541
39 Carmel Capital Partners, LLC 0.70% of their portfolio SAN DIEGO, CA 23,15223.2k $1.9m $1.9m 0.70% Reduced -1.9k -1,866
40 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 22,85022.9k $1.9m $1.9m 0.00% Reduced -586 -586
41 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 21,77921.8k $1.8m $1.8m 0.00% Added +815 +815
42 Capital World Investors 0.00% of their portfolio LOS ANGELES, CA 21,16921.2k $1.8m $1.8m 0.00% Unchanged
43 Handelsbanken Fonder AB 0.01% of their portfolio STOCKHOLM, V7 20,92020.9k $1.8m $1.8m 0.01% Reduced -316 -316
44 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 20,76820.8k $1.7m $1.7m 0.00% First filing
45 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 19,92619.9k $1.7m $1.7m 0.00% Reduced -66 -66
46 Amundi 0.00% of their portfolio Paris, I0 19,39619.4k $1.6m $1.6m 0.00% Reduced -121 -121
47 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 19,25619.3k $1.6m $1.6m 0.00% Reduced -7.3k -7,342
48 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 18,95919.0k $1.6m $1.6m 0.00% Reduced -10.0k -9,988
49 XTX Topco Ltd 0.03% of their portfolio LONDON, X0 17,30317.3k $1.5m $1.5m 0.03% Added +9.2k +9,218
50 CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio TORONTO ONTARIO, A6 16,87716.9k $1.4m $1.4m 0.00% Reduced -500 -500
51 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 16,16216.2k $1.4m $1.4m 0.00% Added +8.7k +8,701
52 UBS Group AG 0.00% of their portfolio ZURICH, V8 15,85915.9k $1.3m $1.3m 0.00% Added +10.9k +10,901
53 Daytona Street Capital LLC 0.97% of their portfolio SAINT LOUIS, MO 15,12515.1k $1.3m $1.3m 0.97% Reduced -505 -505
54 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 14,92514.9k $1.2m $1.2m 0.00% Reduced -6.5k -6,548
55 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 14,77314.8k $1.2m $1.2m 0.00% Added +2.4k +2,435
56 ABN AMRO INVESTMENT SOLUTIONS 0.02% of their portfolio PARIS CEDEX 008, I0 14,63014.6k $1.2m $1.2m 0.02% Added +830 +830
57 Byrne Asset Management LLC 0.70% of their portfolio KINGSTON, NJ 14,27214.3k $1.2m $1.2m 0.70% Reduced -273 -273
58 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 13,36613.4k $1.1m $1.1m 0.00% Reduced -4.9k -4,873
59 Summit Trail Advisors, LLC 0.02% of their portfolio NEW YORK, NY 13,30313.3k $1.1m $1.1m 0.02% Added +2.8k +2,834
60 Rafferty Asset Management, LLC 0.00% of their portfolio New York, NY 12,87312.9k $1.1m $1.1m 0.00% Reduced -1.9k -1,871
61 Patient Capital Management, LLC 0.04% of their portfolio BALTIMORE, MD 12,50012.5k $1.1m $1.1m 0.04% Unchanged
62 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 12,29212.3k $1.0m $1.0m 0.00% Added +2.6k +2,639
63 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 12,27212.3k $1.0m $1.0m 0.00% Reduced -3.5k -3,466
64 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 10,80110.8k $908.7k $908.7k 0.00% Reduced -16.5k -16,482
65 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 10,26310.3k $863.3k $863.3k 0.00% Unchanged
66 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 9,7089.7k $816.6k $816.6k 0.00% Added +1.8k +1,787
67 USS Investment Management Ltd 0.00% of their portfolio London, X0 9,3949.4k $791.2k $791.2k 0.00% Added +1.6k +1,626
68 Vanguard Personalized Indexing Management, LLC 0.01% of their portfolio OAKLAND, CA 9,3139.3k $783.4k $783.4k 0.01% Reduced -629 -629
69 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 8,7698.8k $737.6k $737.6k 0.00% Reduced -16.7k -16,670
70 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 8,6938.7k $731.2k $731.2k 0.00% Added +176 +176
71 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 8,5238.5k $717.0k $717.0k 0.00% Added +255 +255
72 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 8,5058.5k $715.4k $715.4k 0.00% Added +1.6k +1,565
73 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 8,1208.1k $683.1k $683.1k 0.00% Reduced -148 -148
74 DARK FOREST CAPITAL MANAGEMENT LP 0.06% of their portfolio NEW YORK, NY 8,0008.0k $673.0k $673.0k 0.06% Unchanged
75 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 7,9798.0k $671.2k $671.2k 0.00% Added +19 +19
76 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 7,3967.4k $622.1k $622.1k 0.00% New
77 QRG CAPITAL MANAGEMENT, INC. 0.01% of their portfolio BERWYN, PA 7,3857.4k $621.2k $621.2k 0.01% Reduced -579 -579
78 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 7,3057.3k $614.5k $614.5k 0.00% Added +62 +62
79 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 7,2747.3k $611.9k $611.9k 0.00% Added +308 +308
80 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 6,7696.8k $569.4k $569.4k 0.00% Reduced -37.0k -36,970
81 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 6,3956.4k $537.9k $537.9k 0.00% Reduced -1 -1
82 Arbiter Partners Capital Management LLC 0.32% of their portfolio NEW YORK, NY 5,6295.6k $473.5k $473.5k 0.32% Unchanged
83 MIRABELLA FINANCIAL SERVICES LLP 0.05% of their portfolio London, X0 5,5755.6k $469.0k $469.0k 0.05% New
84 Huber Capital Management LLC 0.07% of their portfolio EL SEGUNDO, CA 5,5605.6k $467.7k $467.7k 0.07% Unchanged
85 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 5,3445.3k $449.5k $449.5k 0.00% Unchanged
86 Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio VANCOUVER, A1 4,9885.0k $419.6k $419.6k 0.00% Added +172 +172
87 Vanguard Global Advisers, LLC 0.00% of their portfolio MALVERN, PA 4,8764.9k $410.2k $410.2k 0.00% First filing
88 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 4,5384.5k $381.7k $381.7k 0.00% Reduced -26.8k -26,826
89 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 4,2944.3k $361.2k $361.2k 0.00% Added +309 +309
90 Successful Portfolios LLC 0.18% of their portfolio CLEARWATER, FL 4,1004.1k $335.5k $335.5k 0.18% Unchanged
91 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 4,0534.1k $385.5k $385.5k 0.00% Reduced -142 -142
92 Treasurer of the State of North Carolina 0.00% of their portfolio RALEIGH, NC 4,0324.0k $339.0k $339.0k 0.00% Added +86 +86
93 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 3,8613.9k $324.8k $324.8k 0.00% Added +578 +578
94 Trexquant Investment LP 0.00% of their portfolio STAMFORD, CT 3,7543.8k $315.8k $315.8k 0.00% New
95 Marnell Management LLC 0.21% of their portfolio FARMINGTON HILLS, MI 3,7173.7k $312.7k $312.7k 0.21% Added +517 +517
96 Meeder Advisory Services, Inc. 0.01% of their portfolio DUBLIN, OH 3,3093.3k $278.4k $278.4k 0.01% Reduced -739 -739
97 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 3,2833.3k $276.2k $276.2k 0.00% Unchanged
98 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 3,2323.2k $271.9k $271.9k 0.00% Reduced -683 -683
99 Mariner, LLC 0.00% of their portfolio Overland Park, KS 3,0693.1k $258.0k $258.0k 0.00% Added +876 +876
100 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 2,8962.9k $243.6k $243.6k 0.00% Reduced -1.7k -1,675