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 ($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
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 |
| Q2 2025 | 242 |
| Q3 2025 | 257 |
| Q4 2025 | 258 |
| Q1 2026 | 245 |
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 2024 | 82 | 110 |
| Q3 2024 | 94 | 107 |
| Q4 2024 | 99 | 110 |
| Q1 2025 | 100 | 110 |
| Q2 2025 | 112 | 103 |
| Q3 2025 | 113 | 91 |
| Q4 2025 | 99 | 122 |
| Q1 2026 | 93 | 126 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $0 | $0 | — |
| Q3 2025 | $0 | $0 | — |
| Q4 2025 | $26.7k | $0 | 0.00 |
| Q1 2026 | $252.4k | $0 | 0.00 |
Biggest buyers
| RAYMOND JAMES FINANCIAL INC | Added | +132.3k |
| River Road Asset Management, LLC | New | +58.9k |
| Berkshire Hathaway Inc | Added | +56.7k |
| MAGNOLIA GROUP, LLC | Added | +37.7k |
| HRT FINANCIAL LP | New | +29.1k |
| Legal & General Group Plc | Added | +18.9k |
| GoodHaven Capital Management, LLC | Added | +12.4k |
| UBS Group AG | Added | +10.9k |
| FMR LLC | Added | +10.5k |
| XTX Topco Ltd | Added | +9.2k |
Biggest sellers
| NFC Investments, LLC | Sold out | -113.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -37.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -37.0k |
| JANE STREET GROUP, LLC | Reduced | -26.8k |
| NORTHERN TRUST CORP | Reduced | -25.9k |
| FIRST MANHATTAN CO. LLC. | Sold out | -21.7k |
| Malaga Cove Capital, LLC | Sold out | -20.8k |
| ABC ARBITRAGE SA | Sold out | -19.1k |
| MORGAN STANLEY | Reduced | -17.9k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2024 | 1 | $247.3k | 2 | $4.8m | $3.3m |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 1 | $3.1m | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
None reported in Q1 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| GABELLI FUNDS LLC 0.65% of their portfolio | 1.1m $96.1m | Added +1.2k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.1m $91.2m | First filing |
| GAMCO INVESTORS, INC. ET AL 0.37% of their portfolio | 449.3k $37.8m | Reduced -16.5k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 425.0k $35.8m | First filing |
| GREENHAVEN ASSOCIATES INC 0.50% of their portfolio | 364.1k $30.6m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 326.5k $27.5m | Reduced -6.4k |
| Berkshire Hathaway Inc 0.01% of their portfolio | 237.7k $20.0m | Added +56.7k |
| GoodHaven Capital Management, LLC 4.80% of their portfolio | 163.4k $13.7m | Added +12.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 156.8k $13.2m | Added +6.1k |
| MORGAN STANLEY 0.00% of their portfolio | 151.8k $12.8m | Reduced -17.9k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 144.9k $12.2m | Added +132.3k |
| THIRD AVENUE MANAGEMENT LLC 1.95% of their portfolio | 142.8k $12.0m | Reduced -5.2k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio | 135.0k $11.4m | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 129.2k $10.9m | Added +2.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 124.1k $10.4m | Added +2.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 118.8k $10.0m | Added +5.8k |
| 683 Capital Management, LLC 0.90% of their portfolio | 115.0k $9.7m | Unchanged |
| MAGNOLIA GROUP, LLC 1.70% of their portfolio | 108.8k $9.1m | Added +37.7k |
| Legal & General Group Plc 0.00% of their portfolio | 99.4k $8.4m | Added +18.9k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 88.8k $7.5m | Reduced -2.9k |
| FMR LLC 0.00% of their portfolio | 87.9k $7.4m | Added +10.5k |
| Red Door Wealth Management, LLC 0.57% of their portfolio | 64.8k $5.5m | Reduced -855 |
| STATE STREET CORP 0.00% of their portfolio | 63.1k $5.3m | Reduced -2.1k |
| River Road Asset Management, LLC 0.06% of their portfolio | 58.9k $5.0m | New |
| MONTGOMERY INVESTMENT MANAGEMENT INC 1.59% of their portfolio | 55.3k $4.7m | Reduced -1.4k |
| Aristotle Capital Management, LLC 0.01% of their portfolio | 52.4k $4.4m | Reduced -1.1k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 39.4k $3.3m | Reduced -4.4k |
| Mraz, Amerine & Associates, Inc. 0.43% of their portfolio | 34.4k $2.9m | Added +1.8k |
| ACR Alpine Capital Research, LLC 0.04% of their portfolio | 34.0k $2.9m | Added +3.8k |
| Carnegie Investment Counsel 0.05% of their portfolio | 32.0k $2.7m | Reduced -10.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 30.8k $2.6m | Reduced -25.9k |
| Invesco Ltd. 0.00% of their portfolio | 30.6k $2.6m | Added +8.7k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 29.9k $2.5m | First filing |
| HRT FINANCIAL LP 0.01% of their portfolio | 29.1k $2.4m | New |
| State of Alaska, Department of Revenue 0.03% of their portfolio | 28.0k $2.4m | Unchanged |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 26.5k $2.2m | Reduced -37.2k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 25.7k $2.2m | Added +3.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 25.3k $2.1m | Added +541 |
| Carmel Capital Partners, LLC 0.70% of their portfolio | 23.2k $1.9m | Reduced -1.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 22.9k $1.9m | Reduced -586 |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 21.8k $1.8m | Added +815 |
| Capital World Investors 0.00% of their portfolio | 21.2k $1.8m | Unchanged |
| Handelsbanken Fonder AB 0.01% of their portfolio | 20.9k $1.8m | Reduced -316 |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 20.8k $1.7m | First filing |
| Bank of New York Mellon Corp 0.00% of their portfolio | 19.9k $1.7m | Reduced -66 |
| Amundi 0.00% of their portfolio | 19.4k $1.6m | Reduced -121 |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 19.3k $1.6m | Reduced -7.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 19.0k $1.6m | Reduced -10.0k |
| XTX Topco Ltd 0.03% of their portfolio | 17.3k $1.5m | Added +9.2k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 16.9k $1.4m | Reduced -500 |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 16.2k $1.4m | Added +8.7k |
| UBS Group AG 0.00% of their portfolio | 15.9k $1.3m | Added +10.9k |
| Daytona Street Capital LLC 0.97% of their portfolio | 15.1k $1.3m | Reduced -505 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 14.9k $1.2m | Reduced -6.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 14.8k $1.2m | Added +2.4k |
| ABN AMRO INVESTMENT SOLUTIONS 0.02% of their portfolio | 14.6k $1.2m | Added +830 |
| Byrne Asset Management LLC 0.70% of their portfolio | 14.3k $1.2m | Reduced -273 |
| Squarepoint Ops LLC 0.00% of their portfolio | 13.4k $1.1m | Reduced -4.9k |
| Summit Trail Advisors, LLC 0.02% of their portfolio | 13.3k $1.1m | Added +2.8k |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 12.9k $1.1m | Reduced -1.9k |
| Patient Capital Management, LLC 0.04% of their portfolio | 12.5k $1.1m | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 12.3k $1.0m | Added +2.6k |
| Nuveen, LLC 0.00% of their portfolio | 12.3k $1.0m | Reduced -3.5k |
| Quantinno Capital Management LP 0.00% of their portfolio | 10.8k $908.7k | Reduced -16.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 10.3k $863.3k | Unchanged |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 9.7k $816.6k | Added +1.8k |
| USS Investment Management Ltd 0.00% of their portfolio | 9.4k $791.2k | Added +1.6k |
| Vanguard Personalized Indexing Management, LLC 0.01% of their portfolio | 9.3k $783.4k | Reduced -629 |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 8.8k $737.6k | Reduced -16.7k |
| Creative Planning 0.00% of their portfolio | 8.7k $731.2k | Added +176 |
| CITIGROUP INC 0.00% of their portfolio | 8.5k $717.0k | Added +255 |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 8.5k $715.4k | Added +1.6k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 8.1k $683.1k | Reduced -148 |
| DARK FOREST CAPITAL MANAGEMENT LP 0.06% of their portfolio | 8.0k $673.0k | Unchanged |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 8.0k $671.2k | Added +19 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 7.4k $622.1k | New |
| QRG CAPITAL MANAGEMENT, INC. 0.01% of their portfolio | 7.4k $621.2k | Reduced -579 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 7.3k $614.5k | Added +62 |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 7.3k $611.9k | Added +308 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 6.8k $569.4k | Reduced -37.0k |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 6.4k $537.9k | Reduced -1 |
| Arbiter Partners Capital Management LLC 0.32% of their portfolio | 5.6k $473.5k | Unchanged |
| MIRABELLA FINANCIAL SERVICES LLP 0.05% of their portfolio | 5.6k $469.0k | New |
| Huber Capital Management LLC 0.07% of their portfolio | 5.6k $467.7k | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 5.3k $449.5k | Unchanged |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 5.0k $419.6k | Added +172 |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 4.9k $410.2k | First filing |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 4.5k $381.7k | Reduced -26.8k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 4.3k $361.2k | Added +309 |
| Successful Portfolios LLC 0.18% of their portfolio | 4.1k $335.5k | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 4.1k $385.5k | Reduced -142 |
| Treasurer of the State of North Carolina 0.00% of their portfolio | 4.0k $339.0k | Added +86 |
| LPL Financial LLC 0.00% of their portfolio | 3.9k $324.8k | Added +578 |
| Trexquant Investment LP 0.00% of their portfolio | 3.8k $315.8k | New |
| Marnell Management LLC 0.21% of their portfolio | 3.7k $312.7k | Added +517 |
| Meeder Advisory Services, Inc. 0.01% of their portfolio | 3.3k $278.4k | Reduced -739 |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 3.3k $276.2k | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 3.2k $271.9k | Reduced -683 |
| Mariner, LLC 0.00% of their portfolio | 3.1k $258.0k | Added +876 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 2.9k $243.6k | Reduced -1.7k |