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 ($122.3m this quarter). Holder counts are more reliable. Shares outstanding: 3.1m as of 2024-07-31, 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 ≈ $7587.98.
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 512 |
| Q4 2022 | 556 |
| Q1 2023 | 591 |
| Q2 2023 | 604 |
| Q3 2023 | 601 |
| Q4 2023 | 650 |
| Q1 2024 | 678 |
| Q2 2024 | 676 |
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 |
| Q3 2023 | 251 | 259 |
| Q4 2023 | 247 | 292 |
| Q1 2024 | 266 | 285 |
| Q2 2024 | 253 | 281 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $0 | $0 | — |
| Q4 2023 | $0 | $1.1m | — |
| Q1 2024 | $0 | $842.4k | — |
| Q2 2024 | $0 | $0 | — |
Biggest buyers
| BlackRock Inc. | Added | +18.9k |
| TD Asset Management Inc | Added | +14.2k |
| Boston Partners | Added | +9.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | New | +9.0k |
| Epoch Investment Partners, Inc. | Added | +8.1k |
| JANE STREET GROUP, LLC | Added | +7.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +5.7k |
| HRT FINANCIAL LP | Added | +5.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Added | +3.5k |
| FMR LLC | Added | +3.2k |
Biggest sellers
| MORGAN STANLEY | Reduced | -49.8k |
| Pacer Advisors, Inc. | Reduced | -27.2k |
| Capital World Investors | Reduced | -19.6k |
| ROYAL BANK OF CANADA | Reduced | -11.0k |
| Invesco Ltd. | Reduced | -9.4k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -7.7k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Reduced | -6.5k |
| VANGUARD GROUP INC | Reduced | -5.2k |
| PANAGORA ASSET MANAGEMENT INC | Reduced | -4.7k |
| Man Group plc | Reduced | -4.3k |
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 2024
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 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 | — |
| Q3 2023 | 0 | — | 5 | $89.5m | — |
| Q4 2023 | 0 | — | 4 | $122.1m | — |
| Q1 2024 | 0 | — | 6 | $106.2m | — |
| Q2 2024 | 0 | — | 4 | $12.2m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-05-09 | SAVILLE PAUL C Executive Chairman | Sold | $2.3m300 shares |
| 2024-05-08 | ROSIER WILLIAM GRADY Director | Sold | $4.6m600 shares |
| 2024-05-07 | Kelpy Matthew B. VP, Chief Accounting Officer | Sold | $1.5m200 shares |
| 2024-04-29 | PREISER DAVID A Director | Sold | $3.8m500 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 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.05% of their portfolio | 347.7k $2.6bn | Reduced -5.2k |
| BlackRock Inc. 0.05% of their portfolio | 306.1k $2.3bn | Added +18.9k |
| STATE STREET CORP 0.05% of their portfolio | 143.9k $1.1bn | Reduced -1.1k |
| Capital Research Global Investors 0.16% of their portfolio | 96.3k $730.6m | Added +41 |
| GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 79.5k $604.0m | Added +654 |
| WELLINGTON MANAGEMENT GROUP LLP 0.08% of their portfolio | 62.4k $473.9m | Reduced -7.7k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 1.84% of their portfolio | 56.7k $430.5m | Reduced -4.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.24% of their portfolio | 52.3k $396.6m | Reduced -186 |
| Boston Partners 0.47% of their portfolio | 49.9k $378.8m | Added +9.2k |
| Capital World Investors 0.05% of their portfolio | 40.3k $305.9m | Reduced -19.6k |
| FMR LLC 0.02% of their portfolio | 38.5k $292.1m | Added +3.2k |
| NORGES BANK 0.04% of their portfolio | 36.9k $279.8m | Added +802 |
| Thrivent Financial for Lutherans 0.55% of their portfolio | 35.8k $271.3m | Reduced -3.6k |
| Smead Capital Management, Inc. 4.15% of their portfolio | 35.0k $265.6m | Added +1.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 33.4k $253.1m | Added +44 |
| MARSHFIELD ASSOCIATES 5.49% of their portfolio | 32.7k $248.3m | Added +96 |
| NORTHERN TRUST CORP 0.04% of their portfolio | 30.9k $234.5m | Reduced -1.2k |
| Invesco Ltd. 0.05% of their portfolio | 30.8k $233.4m | Reduced -9.4k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 29.2k $221.6m | Added +906 |
| Nuveen Asset Management, LLC 0.06% of their portfolio | 26.4k $200.2m | Reduced -1.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.05% of their portfolio | 25.2k $191.5m | Added +5.7k |
| MORGAN STANLEY 0.01% of their portfolio | 25.2k $191.0m | Reduced -49.8k |
| TD Asset Management Inc 0.17% of their portfolio | 24.0k $182.3m | Added +14.2k |
| Artisan Partners Limited Partnership 0.28% of their portfolio | 23.9k $181.5m | Added +1.7k |
| Epoch Investment Partners, Inc. 0.79% of their portfolio | 22.7k $172.1m | Added +8.1k |
| CITADEL ADVISORS LLC 0.17% of their portfolio | 22.2k $168.8m | Added +2.2k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 22.2k $168.6m | Added +2.4k |
| Legal & General Group Plc 0.05% of their portfolio | 22.0k $167.3m | Reduced -1.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 20.3k $154.2m | Added +319 |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.17% of their portfolio | 19.7k $149.7m | Reduced -6.5k |
| HSBC HOLDINGS PLC 0.09% of their portfolio | 19.3k $146.9m | Reduced -574 |
| Bank of New York Mellon Corp 0.03% of their portfolio | 18.9k $143.4m | Reduced -557 |
| Liontrust Investment Partners LLP 1.85% of their portfolio | 17.2k $130.4m | Reduced -1.1k |
| Caisse de depot et placement du Quebec 0.31% of their portfolio | 17.1k $129.7m | Reduced -109 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.12% of their portfolio | 16.5k $125.5m | Added +3.5k |
| FIL Ltd 0.12% of their portfolio | 15.9k $120.8m | Added +132 |
| TIMUCUAN ASSET MANAGEMENT INC/FL 3.89% of their portfolio | 14.9k $113.2m | Reduced -5 |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.45% of their portfolio | 14.3k $108.4m | Reduced -3.2k |
| ACADIAN ASSET MANAGEMENT LLC 0.33% of their portfolio | 14.1k $107.3m | Reduced -235 |
| AQR CAPITAL MANAGEMENT LLC 0.15% of their portfolio | 13.2k $100.4m | Reduced -640 |
| Giverny Capital Inc. 4.23% of their portfolio | 13.2k $100.0m | Added +41 |
| Qube Research & Technologies Ltd 0.17% of their portfolio | 12.3k $93.6m | Reduced -181 |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 12.1k $92.1m | Reduced -11.0k |
| Russell Investments Group, Ltd. 0.15% of their portfolio | 11.9k $90.2m | Reduced -282 |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 11.8k $89.3m | Added +1.4k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 11.8k $89.2m | Reduced -612 |
| Markel Group Inc. 0.86% of their portfolio | 11.5k $87.5m | Added +180 |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 11.2k $84.7m | Added +2.2k |
| Berkshire Hathaway Inc 0.03% of their portfolio | 11.1k $84.3m | Unchanged |
| Ensemble Capital Management, LLC 6.47% of their portfolio | 11.0k $83.2m | Added +3.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 10.8k $81.6m | Added +189 |
| BARCLAYS PLC 0.04% of their portfolio | 10.2k $77.5m | Reduced -608 |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 9.7k $73.8m | Added +853 |
| Swiss National Bank 0.05% of their portfolio | 9.5k $71.8m | Reduced -60 |
| Robeco Institutional Asset Management B.V. 0.15% of their portfolio | 9.1k $68.7m | Reduced -2.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.25% of their portfolio | 9.0k $68.2m | New |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 9.0k $68.1m | Reduced -792 |
| Man Group plc 0.16% of their portfolio | 7.9k $60.2m | Reduced -4.3k |
| Allianz Asset Management GmbH 0.10% of their portfolio | 7.9k $60.2m | Reduced -2.5k |
| JANE STREET GROUP, LLC 0.06% of their portfolio | 7.9k $59.6m | Added +7.3k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 7.7k $58.1m | Added +578 |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 7.5k $57.2m | Reduced -535 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.14% of their portfolio | 6.9k $52.7m | Added +3 |
| UBS Group AG 0.02% of their portfolio | 6.9k $52.5m | Added +2.3k |
| RHUMBLINE ADVISERS 0.05% of their portfolio | 6.7k $51.0m | Reduced -564 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio | 6.7k $50.7m | Reduced -924 |
| Quantum Capital Management, LLC / NJ 5.58% of their portfolio | 6.5k $49.3m | Reduced -180 |
| Amundi 0.02% of their portfolio | 6.1k $45.1m | Reduced -2.8k |
| HRT FINANCIAL LP 0.26% of their portfolio | 6.0k $45.7m | Added +5.6k |
| California Public Employees Retirement System 0.03% of their portfolio | 5.9k $45.1m | Reduced -83 |
| Skandinaviska Enskilda Banken AB (publ) 0.21% of their portfolio | 5.8k $43.7m | Reduced -805 |
| BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio | 5.6k $42.8m | Added +1.8k |
| AltraVue Capital, LLC 4.16% of their portfolio | 5.5k $41.8m | Unchanged |
| National Pension Service 0.05% of their portfolio | 5.4k $41.3m | Reduced -61 |
| Zurich Insurance Group Ltd/FI 0.35% of their portfolio | 5.3k $40.3m | Added +100 |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 5.3k $39.9m | Added +350 |
| CITIGROUP INC 0.04% of their portfolio | 4.9k $37.4m | Added +792 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 4.9k $37.3m | Reduced -192 |
| TODD ASSET MANAGEMENT LLC 0.77% of their portfolio | 4.9k $37.0m | Reduced -902 |
| Railway Pension Investments Ltd 0.43% of their portfolio | 4.8k $36.4m | Reduced -1.9k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.20% of their portfolio | 4.7k $35.8m | Added +1.4k |
| Obermeyer Wealth Partners 2.04% of their portfolio | 4.7k $35.6m | Reduced -69 |
| Pictet Asset Management Holding SA 0.04% of their portfolio | 4.6k $34.6m | Reduced -1.2k |
| CANADA LIFE ASSURANCE Co 0.06% of their portfolio | 4.3k $33.0m | Reduced -79 |
| Mitsubishi UFJ Trust & Banking Corp 0.08% of their portfolio | 4.3k $32.5m | Reduced -1.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 4.2k $32.2m | Added +370 |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.04% of their portfolio | 4.1k $31.4m | Added +451 |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 4.1k $31.1m | Reduced -2.5k |
| Archon Partners LLC 3.67% of their portfolio | 3.8k $28.6m | Unchanged |
| GUARDIAN POINT CAPITAL, LP 12.50% of their portfolio | 3.5k $26.6m | Unchanged |
| Avalon Trust Co 2.03% of their portfolio | 3.4k $25.6m | Reduced -14 |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 3.3k $25.3m | Added +220 |
| T. Rowe Price Investment Management, Inc. 0.02% of their portfolio | 3.3k $25.3m | Added +419 |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.22% of their portfolio | 3.3k $24.9m | Reduced -614 |
| Broad Run Investment Management, LLC 3.41% of their portfolio | 3.3k $24.9m | Reduced -386 |
| Connor, Clark & Lunn Investment Management Ltd. 0.10% of their portfolio | 3.2k $24.5m | Added +692 |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 3.1k $23.5m | Reduced -607 |
| TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio | 3.1k $23.5m | New |
| Allegheny Financial Group 6.70% of their portfolio | 3.1k $23.3m | Reduced -5 |
| AXA S.A. 0.03% of their portfolio | 3.0k $22.8m | Reduced -1.2k |