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 ($126.3m this quarter). Holder counts are more reliable. Shares outstanding: 3.3m as of 2023-07-31, 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 ≈ $6337.46.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 512 |
| Q4 2022 | 556 |
| Q1 2023 | 591 |
| Q2 2023 | 604 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 229 | 229 |
| Q1 2023 | 300 | 209 |
| Q2 2023 | 256 | 261 |
Biggest buyers
| FIRST TRUST ADVISORS LP | Added | +31.0k |
| BlackRock Inc. | Added | +28.7k |
| Man Group plc | New | +17.2k |
| Robeco Institutional Asset Management B.V. | Added | +13.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +12.5k |
| Berkshire Hathaway Inc | New | +11.1k |
| Invesco Ltd. | Added | +10.3k |
| STATE STREET CORP | Added | +9.6k |
| CREDIT SUISSE AG/ | Added | +7.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +6.6k |
Biggest sellers
| ENVESTNET ASSET MANAGEMENT INC | Reduced | -1.4m |
| Capital International Investors | Reduced | -42.2k |
| FMR LLC | Reduced | -41.4k |
| Summit Wealth Group, LLC | Sold out | -39.0k |
| CITADEL ADVISORS LLC | Sold out | -20.7k |
| Man Group plc | Sold out | -14.8k |
| Smead Capital Management, Inc. | Reduced | -13.5k |
| Diamond Hill Capital Management, LLC (Investment Advisor) | Reduced | -11.8k |
| Capital Research Global Investors | Reduced | -11.4k |
| Liontrust Investment Partners LLP | Reduced | -10.3k |
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 Q2 2023
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 |
|---|---|---|---|---|---|
| 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 | — |
| Q1 2023 | 0 | — | 7 | $49.2m | — |
| Q2 2023 | 0 | — | 6 | $218.6m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-05-18 | SAVILLE PAUL C Executive Chairman | Sold | $11.8m2.0k shares |
| 2023-05-18 | Bredow Eugene James Chief Executive Officer | Sold | $5.9m1.0k shares |
| 2023-05-17 | SAVILLE PAUL C Executive Chairman | Sold | $11.7m2.0k shares |
| 2023-05-16 | SAVILLE PAUL C Executive Chairman | Sold | $12.9m2.2k shares |
| 2023-05-15 | SAVILLE PAUL C Executive Chairman | Sold | $17.4m3.0k shares |
| 2023-05-15 | Malzahn Daniel David Chief Financial Officer | Sold | $368.9k63 shares |
| 2023-05-12 | SAVILLE PAUL C Executive Chairman | Sold | $10.4m1.8k shares |
| 2023-05-11 | SAVILLE PAUL C Executive Chairman | Sold | $17.5m3.0k shares |
| 2023-05-10 | SAVILLE PAUL C Executive Chairman | Sold | $17.4m3.0k shares |
| 2023-05-09 | SAVILLE PAUL C Executive Chairman | Sold | $15.9m2.7k shares |
| 2023-05-08 | SAVILLE PAUL C Executive Chairman | Sold | $12.8m2.2k shares |
| 2023-05-05 | SAVILLE PAUL C Executive Chairman | Sold | $11.7m2.0k shares |
| 2023-05-04 | SAVILLE PAUL C Executive Chairman | Sold | $11.7m2.0k shares |
| 2023-05-03 | SAVILLE PAUL C Executive Chairman | Sold | $17.8m3.0k shares |
| 2023-05-03 | Malzahn Daniel David Chief Financial Officer | Sold | $12.1m2.0k shares |
| 2023-05-03 | Martinez Melquiades R. Director | Sold | $4.4m750 shares |
| 2023-05-03 | Kelpy Matthew B. VP, Chief Accounting Officer | Sold | $894.8k150 shares |
| 2023-05-03 | Ross Susan Williamson Director | Sold | $736.5k125 shares |
| 2023-05-02 | SAVILLE PAUL C Executive Chairman | Sold | $11.7m2.0k shares |
| 2023-05-01 | SAVILLE PAUL C Executive Chairman | Sold | $4.1m694 shares |
| 2023-04-27 | Malzahn Daniel David Chief Financial Officer | Sold | $9.6m1.7k 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, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.05% of their portfolio | 350.9k $2.2bn | Reduced -2.8k |
| BlackRock Inc. 0.05% of their portfolio | 265.8k $1.7bn | Added +28.7k |
| STATE STREET CORP 0.05% of their portfolio | 136.7k $868.1m | Added +9.6k |
| Capital Research Global Investors 0.18% of their portfolio | 106.1k $673.6m | Reduced -11.4k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 2.77% of their portfolio | 97.0k $615.9m | Reduced -11.8k |
| WELLINGTON MANAGEMENT GROUP LLP 0.10% of their portfolio | 85.2k $541.2m | Reduced -5.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 71.5k $452.8m | Added +3.1k |
| Capital World Investors 0.09% of their portfolio | 70.0k $444.7m | Reduced -8.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.23% of their portfolio | 53.1k $337.4m | Reduced -1.0k |
| Boston Partners 0.40% of their portfolio | 47.0k $298.4m | Reduced -1.4k |
| FMR LLC 0.02% of their portfolio | 41.1k $260.9m | Reduced -41.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio | 41.0k $260.2m | Added +12.5k |
| Smead Capital Management, Inc. 5.10% of their portfolio | 40.5k $257.0m | Reduced -13.5k |
| Invesco Ltd. 0.07% of their portfolio | 39.9k $253.1m | Added +10.3k |
| Thrivent Financial for Lutherans 0.57% of their portfolio | 39.5k $251.0m | Reduced -2.8k |
| FIRST TRUST ADVISORS LP 0.27% of their portfolio | 37.4k $237.5m | Added +31.0k |
| NORTHERN TRUST CORP 0.04% of their portfolio | 34.6k $219.6m | Added +1.4k |
| NORGES BANK 0.04% of their portfolio | 32.8k $208.4m | Added +1.8k |
| Nuveen Asset Management, LLC 0.07% of their portfolio | 32.1k $204.1m | Reduced -1.1k |
| ROYAL BANK OF CANADA 0.06% of their portfolio | 32.1k $203.6m | Added +1.9k |
| MARSHFIELD ASSOCIATES 4.70% of their portfolio | 28.5k $180.9m | Added +1.3k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 28.3k $179.9m | Added +594 |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.26% of their portfolio | 28.3k $179.6m | Reduced -1.6k |
| Liontrust Investment Partners LLP 2.40% of their portfolio | 26.3k $166.9m | Reduced -10.3k |
| Legal & General Group Plc 0.05% of their portfolio | 25.7k $163.3m | Added +4.3k |
| Capital International Investors 0.04% of their portfolio | 24.7k $156.7m | Reduced -42.2k |
| AQR CAPITAL MANAGEMENT LLC 0.31% of their portfolio | 23.2k $146.4m | Added +6.1k |
| MORGAN STANLEY 0.01% of their portfolio | 22.6k $143.8m | Reduced -3.5k |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 22.3k $141.5m | Added +2.5k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 22.1k $140.5m | Reduced -187 |
| HSBC HOLDINGS PLC 0.15% of their portfolio | 21.9k $138.7m | Added +2.5k |
| ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio | 21.0k $133.4m | Added +4 |
| Pacer Advisors, Inc. 0.52% of their portfolio | 20.2k $128.4m | Reduced -2.6k |
| TIMUCUAN ASSET MANAGEMENT INC/FL 5.00% of their portfolio | 20.0k $127.2m | Reduced -512 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 18.4k $116.8m | Added +60 |
| Robeco Institutional Asset Management B.V. 0.29% of their portfolio | 17.3k $109.7m | Added +13.6k |
| Man Group plc 0.34% of their portfolio | 17.2k $109.5m | New |
| FIL Ltd 0.12% of their portfolio | 16.4k $104.1m | Reduced -840 |
| AMERIPRISE FINANCIAL INC 0.03% of their portfolio | 15.4k $97.6m | Reduced -289 |
| Caisse de depot et placement du Quebec 0.24% of their portfolio | 14.5k $92.0m | Added +3.5k |
| CREDIT SUISSE AG/ 0.09% of their portfolio | 14.3k $90.7m | Added +7.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 13.8k $76.7m | Unchanged |
| BARCLAYS PLC 0.06% of their portfolio | 13.6k $86.1m | Added +6.2k |
| Giverny Capital Inc. 4.21% of their portfolio | 12.6k $80.1m | Added +484 |
| PANAGORA ASSET MANAGEMENT INC 0.46% of their portfolio | 12.2k $77.4m | Added +2.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 12.1k $77.0m | Reduced -51 |
| Swiss National Bank 0.05% of their portfolio | 11.7k $74.4m | Reduced -330 |
| Skandinaviska Enskilda Banken AB (publ) 0.48% of their portfolio | 11.6k $73.7m | Added +3.8k |
| CITIGROUP INC 0.09% of their portfolio | 11.2k $71.3m | Added +5.3k |
| FRANKLIN RESOURCES INC 0.03% of their portfolio | 11.2k $71.2m | Reduced -3.2k |
| Berkshire Hathaway Inc 0.02% of their portfolio | 11.1k $70.6m | New |
| Epoch Investment Partners, Inc. 0.40% of their portfolio | 11.0k $69.6m | Added +1.9k |
| ACADIAN ASSET MANAGEMENT LLC 0.28% of their portfolio | 10.8k $68.7m | Reduced -2.4k |
| Markel Group Inc. 0.80% of their portfolio | 10.5k $66.8m | Added +255 |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 10.3k $65.3m | Added +2.3k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 10.2k $64.7m | Reduced -8.9k |
| Amundi 0.03% of their portfolio | 10.1k $63.4m | Added +5.7k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 9.7k $61.3m | Added +2.6k |
| Quantum Capital Management, LLC / NJ 6.95% of their portfolio | 9.1k $57.6m | Reduced -1.9k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 8.8k $55.7m | Reduced -375 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.07% of their portfolio | 8.4k $53.7m | Added +6.6k |
| Ensemble Capital Management, LLC 4.76% of their portfolio | 7.8k $49.3m | Reduced -820 |
| TD Asset Management Inc 0.05% of their portfolio | 7.3k $46.3m | Added +2.5k |
| Holocene Advisors, LP 0.20% of their portfolio | 7.1k $44.8m | Reduced -770 |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 6.9k $43.9m | Reduced -1.4m |
| TODD ASSET MANAGEMENT LLC 1.02% of their portfolio | 6.9k $43.6m | Reduced -588 |
| RHUMBLINE ADVISERS 0.05% of their portfolio | 6.7k $42.8m | Added +41 |
| Railway Pension Investments Ltd 0.40% of their portfolio | 6.4k $40.4m | Added +2.3k |
| California Public Employees Retirement System 0.03% of their portfolio | 6.3k $40.1m | Reduced -142 |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.38% of their portfolio | 6.2k $39.6m | Reduced -592 |
| Russell Investments Group, Ltd. 0.07% of their portfolio | 5.9k $37.2m | Added +959 |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.36% of their portfolio | 5.8k $37.1m | Unchanged |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.54% of their portfolio | 5.7k $36.3m | Reduced -1.1k |
| Mitsubishi UFJ Trust & Banking Corp 0.08% of their portfolio | 5.7k $36.3m | Added +535 |
| National Pension Service 0.06% of their portfolio | 5.7k $35.9m | Added +342 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.11% of their portfolio | 5.6k $35.4m | Added +2.4k |
| Glassman Wealth Services 5.70% of their portfolio | 5.6k $35.3m | Reduced -200 |
| CANADA LIFE ASSURANCE Co 0.08% of their portfolio | 5.5k $35.3m | Added +3.8k |
| AltraVue Capital, LLC 4.12% of their portfolio | 5.5k $35.0m | Unchanged |
| LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio | 5.4k $34.3m | Added +521 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 5.4k $34.3m | Added +25 |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 5.4k $34.0m | Reduced -679 |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.54% of their portfolio | 5.3k $33.7m | Reduced -222 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 5.2k $33.0m | Added +170 |
| SCOUT INVESTMENTS, INC. 0.67% of their portfolio | 5.1k $32.8m | Reduced -1.2k |
| Allianz Asset Management GmbH 0.07% of their portfolio | 5.1k $32.4m | Added +2.0k |
| Obermeyer Wealth Partners 2.29% of their portfolio | 5.0k $31.9m | Reduced -104 |
| GUARDIAN POINT CAPITAL, LP 22.33% of their portfolio | 5.0k $31.8m | Unchanged |
| AXA S.A. 0.11% of their portfolio | 5.0k $31.7m | Added +1.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio | 5.0k $31.7m | Added +1.6k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.18% of their portfolio | 4.3k $27.1m | Added +209 |
| FEDERATED HERMES, INC. 0.06% of their portfolio | 4.1k $26.0m | Reduced -154 |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 4.1k $26.0m | Added +2.2k |
| Retirement Systems of Alabama 0.12% of their portfolio | 4.1k $26.0m | Reduced -198 |
| UBS Group AG 0.01% of their portfolio | 3.8k $24.2m | Added +794 |
| Archon Partners LLC 3.58% of their portfolio | 3.8k $23.9m | Unchanged |
| Broad Run Investment Management, LLC 2.77% of their portfolio | 3.7k $23.4m | Reduced -396 |
| Orbis Allan Gray Ltd 0.17% of their portfolio | 3.7k $23.3m | Added +2.1k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.13% of their portfolio | 3.7k $23.2m | Added +223 |
| Avalon Trust Co 2.04% of their portfolio | 3.5k $22.5m | Reduced -45 |