NVR INC NVR
COM · Common Stock · CUSIP 62944T105 · ISIN US62944T1051
American home construction company based in Virginia
- SectorIndustrials
- IndustryOperative Builders
- HeadquartersReston, VA
- Founded1980
- Websitenvrinc.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 ($46.7m this quarter). Holder counts are more reliable. Shares outstanding: 3.2m as of 2023-02-13, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $4611.67.
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 512 |
| Q4 2022 | 556 |
Biggest buyers
| Boston Partners | Added | +25.4k |
| Capital World Investors | Added | +13.3k |
| Capital Research Global Investors | Added | +13.0k |
| GOLDMAN SACHS GROUP INC | Added | +11.2k |
| CITADEL ADVISORS LLC | Added | +9.4k |
| ROYAL BANK OF CANADA | Added | +7.3k |
| MORGAN STANLEY | Added | +7.2k |
| HSBC HOLDINGS PLC | Added | +6.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Added | +6.5k |
| Pacer Advisors, Inc. | Added | +5.1k |
Biggest sellers
| PRINCIPAL FINANCIAL GROUP INC | Reduced | -26.5k |
| BlackRock Inc. | Reduced | -14.9k |
| Bank of New York Mellon Corp | Reduced | -9.4k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -8.8k |
| Diamond Hill Capital Management, LLC (Investment Advisor) | Reduced | -8.4k |
| Financial Gravity Asset Management, Inc. | Sold out | -8.0k |
| FIL Ltd | Reduced | -7.2k |
| River Road Asset Management, LLC | Reduced | -6.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Sold out | -6.3k |
| FMR LLC | Reduced | -5.6k |
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.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2026-04-24 | 8.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.4% |
| Capital Research Global Investors 13G · institution new · filed 2026-05-14 | 5.9% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2022
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 |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 1 | $486.0k | 1 | $6.8m | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 1 | $109.1k | 1 | $17.6m | — |
| Q4 2022 | 0 | — | 2 | $24.7m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2022-11-15 | Ross Susan Williamson Director | Sold | $1.1m250 shares |
| 2022-11-10 | Malzahn Daniel David Chief Financial Officer | Sold | $6.8m1.5k shares |
| 2022-11-09 | Malzahn Daniel David Chief Financial Officer | Sold | $2.0m482 shares |
| 2022-11-01 | Malzahn Daniel David Chief Financial Officer | Sold | $5.0m1.2k shares |
| 2022-10-28 | Malzahn Daniel David Chief Financial Officer | Sold | $4.9m1.2k shares |
| 2022-10-27 | Malzahn Daniel David Chief Financial Officer | Sold | $4.9m1.2k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 344.3k $1.6bn | Reduced -4.9k |
| BlackRock Inc. 0.03% of their portfolio | 230.0k $1.1bn | Reduced -14.9k |
| STATE STREET CORP 0.03% of their portfolio | 125.4k $578.3m | Reduced -4.9k |
| Capital Research Global Investors 0.17% of their portfolio | 119.7k $552.3m | Added +13.0k |
| Capital International Investors 0.15% of their portfolio | 118.8k $548.0m | Added +459 |
| Diamond Hill Capital Management, LLC (Investment Advisor) 2.43% of their portfolio | 115.7k $533.9m | Reduced -8.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.09% of their portfolio | 102.7k $473.5m | Added +204 |
| Capital World Investors 0.08% of their portfolio | 78.5k $362.0m | Added +13.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 66.8k $307.8m | Reduced -169 |
| PRINCIPAL FINANCIAL GROUP INC 0.19% of their portfolio | 55.4k $255.7m | Reduced -26.5k |
| Smead Capital Management, Inc. 5.19% of their portfolio | 52.6k $242.4m | Added +4.5k |
| Boston Partners 0.30% of their portfolio | 48.7k $224.5m | Added +25.4k |
| Thrivent Financial for Lutherans 0.48% of their portfolio | 39.9k $184.0m | Added +510 |
| Liontrust Investment Partners LLP 3.12% of their portfolio | 38.6k $178.3m | Reduced -3.6k |
| Nuveen Asset Management, LLC 0.06% of their portfolio | 34.0k $157.0m | Reduced -757 |
| Invesco Ltd. 0.05% of their portfolio | 33.7k $155.5m | Added +5.0k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 33.4k $153.9m | Reduced -566 |
| FMR LLC 0.02% of their portfolio | 33.1k $152.6m | Reduced -5.6k |
| CITADEL ADVISORS LLC 0.17% of their portfolio | 32.3k $148.9m | Added +9.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 30.0k $138.6m | Reduced -385 |
| NORGES BANK 0.03% of their portfolio | 30.0k $138.4m | Added +859 |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 27.5k $126.9m | Reduced -246 |
| MORGAN STANLEY 0.01% of their portfolio | 26.7k $123.0m | Added +7.2k |
| MARSHFIELD ASSOCIATES 3.78% of their portfolio | 26.6k $122.7m | Reduced -84 |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.19% of their portfolio | 26.1k $120.2m | Added +6.5k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 24.2k $111.7m | Added +7.3k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 22.0k $101.6m | Reduced -9.4k |
| Legal & General Group Plc 0.04% of their portfolio | 21.0k $96.8m | Reduced -1.4k |
| TIMUCUAN ASSET MANAGEMENT INC/FL 4.12% of their portfolio | 20.6k $95.0m | Reduced -41 |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 19.7k $90.7m | Added +11.2k |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 19.6k $90.2m | Reduced -2.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 17.9k $82.7m | Added +65 |
| FIL Ltd 0.10% of their portfolio | 17.7k $81.6m | Reduced -7.2k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 14.2k $65.7m | Added +1.4k |
| Quantum Capital Management, LLC / NJ 8.60% of their portfolio | 14.1k $65.2m | Reduced -504 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 13.2k $60.9m | Reduced -505 |
| Pacer Advisors, Inc. 0.31% of their portfolio | 13.2k $60.9m | Added +5.1k |
| HSBC HOLDINGS PLC 0.08% of their portfolio | 13.1k $60.3m | Added +6.5k |
| FRANKLIN RESOURCES INC 0.03% of their portfolio | 13.0k $60.1m | Reduced -1.3k |
| Swiss National Bank 0.04% of their portfolio | 12.7k $58.5m | Reduced -855 |
| Giverny Capital Inc. 3.56% of their portfolio | 12.5k $57.6m | Reduced -207 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 12.1k $56.0m | Added +310 |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 11.4k $52.4m | Reduced -45 |
| Markel Group Inc. 0.62% of their portfolio | 10.0k $46.3m | Added +240 |
| Ensemble Capital Management, LLC 4.69% of their portfolio | 9.8k $45.3m | Reduced -1.4k |
| Epoch Investment Partners, Inc. 0.26% of their portfolio | 9.6k $44.3m | Reduced -395 |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 9.0k $41.3m | Reduced -852 |
| AQR CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 8.9k $41.0m | Reduced -1.4k |
| Caisse de depot et placement du Quebec 0.12% of their portfolio | 8.4k $38.8m | Reduced -120 |
| River Road Asset Management, LLC 0.46% of their portfolio | 7.3k $33.8m | Reduced -6.3k |
| BARCLAYS PLC 0.03% of their portfolio | 7.3k $33.8m | First filing |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 7.2k $33.4m | Added +597 |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 7.1k $32.9m | Reduced -1.2k |
| California Public Employees Retirement System 0.03% of their portfolio | 7.1k $32.7m | Added +42 |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 6.8k $31.6m | Reduced -3.2k |
| Brandywine Global Investment Management, LLC 0.25% of their portfolio | 6.8k $31.5m | Added +2.2k |
| SCOUT INVESTMENTS, INC. 0.62% of their portfolio | 6.6k $30.5m | Reduced -2.5k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 6.4k $29.7m | Added +100 |
| TODD ASSET MANAGEMENT LLC 0.70% of their portfolio | 6.3k $29.0m | Reduced -1.3k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.30% of their portfolio | 6.2k $28.8m | Reduced -1.0k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.47% of their portfolio | 6.2k $28.6m | Added +2.2k |
| Glassman Wealth Services 5.21% of their portfolio | 6.1k $28.3m | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 6.0k $27.9m | Added +674 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 5.8k $26.9m | Reduced -52 |
| Alyeska Investment Group, L.P. 0.28% of their portfolio | 5.8k $26.7m | Reduced -359 |
| CREDIT SUISSE AG/ 0.03% of their portfolio | 5.7k $26.1m | Added +1.1k |
| National Pension Service 0.05% of their portfolio | 5.3k $24.7m | Reduced -437 |
| CITIGROUP INC 0.03% of their portfolio | 5.2k $24.0m | Reduced -832 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 5.2k $23.9m | Added +78 |
| Ninety One UK Ltd 0.08% of their portfolio | 5.2k $23.8m | Added +1.2k |
| Mitsubishi UFJ Trust & Banking Corp 0.06% of their portfolio | 5.1k $23.7m | Added +234 |
| GUARDIAN POINT CAPITAL, LP 18.24% of their portfolio | 5.0k $23.1m | Unchanged |
| Tikehau Investment Management 6.03% of their portfolio | 5.0k $19.9m | Unchanged |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.23% of their portfolio | 4.8k $22.1m | Reduced -150 |
| Broad Run Investment Management, LLC 2.58% of their portfolio | 4.6k $21.4m | Reduced -1.6k |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 4.5k $21.0m | Reduced -413 |
| BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio | 4.4k $20.3m | Added +3.4k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 4.4k $20.2m | Added +76 |
| Retirement Systems of Alabama 0.09% of their portfolio | 4.4k $20.1m | Reduced -63 |
| FEDERATED HERMES, INC. 0.05% of their portfolio | 4.2k $19.4m | Reduced -600 |
| AltraVue Capital, LLC 2.71% of their portfolio | 4.2k $19.4m | Unchanged |
| Qube Research & Technologies Ltd 0.11% of their portfolio | 4.0k $18.5m | Added +2.4k |
| Archon Partners LLC 3.13% of their portfolio | 3.8k $17.4m | Unchanged |
| Holocene Advisors, LP 0.11% of their portfolio | 3.7k $17.1m | Added +1.7k |
| Skandinaviska Enskilda Banken AB (publ) 0.13% of their portfolio | 3.7k $16.9m | Reduced -1.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 3.6k $16.8m | Reduced -105 |
| LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio | 3.6k $16.7m | Added +140 |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 3.5k $16.3m | Added +269 |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.12% of their portfolio | 3.5k $16.3m | Added +546 |
| PANAGORA ASSET MANAGEMENT INC 0.11% of their portfolio | 3.5k $16.2m | Added +949 |
| Obermeyer Wealth Partners 1.20% of their portfolio | 3.4k $15.9m | Added +59 |
| Korea Investment CORP 0.05% of their portfolio | 3.4k $15.8m | Added +306 |
| Walleye Capital LLC 0.34% of their portfolio | 3.4k $15.8m | New |
| TD Asset Management Inc 0.02% of their portfolio | 3.3k $15.3m | Reduced -6 |
| Amundi 0.01% of their portfolio | 3.3k $16.2m | Reduced -2.2k |
| Allegheny Financial Group 6.22% of their portfolio | 3.2k $14.9m | Added +1 |
| MONTGOMERY INVESTMENT MANAGEMENT INC 5.21% of their portfolio | 3.2k $14.7m | Unchanged |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 3.2k $14.6m | Reduced -2.7k |
| Assenagon Asset Management S.A. 0.06% of their portfolio | 3.2k $14.5m | Added +2.4k |
| Railway Pension Investments Ltd 0.14% of their portfolio | 3.1k $14.3m | Added +1.9k |