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 ($40.2m this quarter). Holder counts are more reliable. Shares outstanding: 2.9m as of 2025-07-31, 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 ≈ $7388.05.
Trends to Q2 2025
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 |
| Q3 2024 | 707 |
| Q4 2024 | 705 |
| Q1 2025 | 683 |
| Q2 2025 | 657 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 251 | 259 |
| Q4 2023 | 247 | 292 |
| Q1 2024 | 266 | 285 |
| Q2 2024 | 253 | 281 |
| Q3 2024 | 268 | 298 |
| Q4 2024 | 252 | 323 |
| Q1 2025 | 290 | 305 |
| Q2 2025 | 280 | 311 |
Biggest buyers
| ROYAL BANK OF CANADA | Added | +15.3k |
| Capital Research Global Investors | Added | +15.3k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. | New | +14.0k |
| Boston Partners | Added | +5.9k |
| RENAISSANCE TECHNOLOGIES LLC | New | +4.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +4.5k |
| JANE STREET GROUP, LLC | Added | +4.4k |
| CITADEL ADVISORS LLC | Added | +4.2k |
| Holocene Advisors, LP | Added | +4.1k |
| DIMENSIONAL FUND ADVISORS LP | Added | +3.8k |
Biggest sellers
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -16.5k |
| JPMORGAN CHASE & CO | Reduced | -10.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -10.1k |
| HSBC HOLDINGS PLC | Reduced | -8.4k |
| Artisan Partners Limited Partnership | Sold out | -8.1k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -7.3k |
| MIRABELLA FINANCIAL SERVICES LLP | Sold out | -7.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -6.4k |
| BlackRock, Inc. | Reduced | -6.0k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -4.9k |
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 2025
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 2023 | 0 | — | 5 | $89.5m | — |
| Q4 2023 | 0 | — | 4 | $122.1m | — |
| Q1 2024 | 0 | — | 6 | $106.2m | — |
| Q2 2024 | 0 | — | 4 | $12.2m | — |
| Q3 2024 | 0 | — | 4 | $10.8m | — |
| Q4 2024 | 0 | — | 3 | $16.5m | — |
| Q1 2025 | 0 | — | 1 | $4.8m | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 336.2k $2.5bn | Reduced -4.8k |
| BlackRock, Inc. 0.04% of their portfolio | 313.5k $2.3bn | Reduced -6.0k |
| STATE STREET CORP 0.04% of their portfolio | 136.0k $1.0bn | Reduced -879 |
| Capital Research Global Investors 0.18% of their portfolio | 123.1k $909.4m | Added +15.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 74.0k $544.5m | Reduced -413 |
| Boston Partners 0.53% of their portfolio | 65.0k $479.9m | Added +5.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.23% of their portfolio | 58.0k $428.2m | Added +1.6k |
| Nuveen, LLC 0.10% of their portfolio | 46.6k $344.1m | Added +352 |
| WELLINGTON MANAGEMENT GROUP LLP 0.06% of their portfolio | 46.2k $341.2m | Reduced -1.8k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 41.6k $307.2m | Reduced -10.8k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 1.40% of their portfolio | 41.2k $304.4m | Reduced -364 |
| Capital World Investors 0.04% of their portfolio | 40.5k $298.9m | Added +28 |
| Invesco Ltd. 0.05% of their portfolio | 37.7k $278.2m | Added +2.6k |
| NORGES BANK 0.03% of their portfolio | 36.3k $268.4m | Added +772 |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 35.0k $258.3m | Added +3.8k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 32.0k $236.7m | Reduced -1.2k |
| MORGAN STANLEY 0.02% of their portfolio | 31.7k $234.2m | Added +1.7k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 30.7k $226.5m | Added +15.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.05% of their portfolio | 30.4k $224.2m | Added +4.5k |
| Smead Capital Management, Inc. 4.21% of their portfolio | 28.5k $210.4m | Reduced -3.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 26.6k $196.3m | Added +64 |
| FIRST TRUST ADVISORS LP 0.15% of their portfolio | 25.0k $184.8m | Added +894 |
| MARSHFIELD ASSOCIATES 3.61% of their portfolio | 23.9k $176.6m | Added +74 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 21.6k $159.6m | Added +132 |
| TD Asset Management Inc 0.13% of their portfolio | 20.7k $152.7m | Added +140 |
| Legal & General Group Plc 0.04% of their portfolio | 20.6k $152.3m | Reduced -1.2k |
| Epoch Investment Partners, Inc. 0.78% of their portfolio | 20.4k $150.5m | Reduced -1.0k |
| Caisse de depot et placement du Quebec 0.31% of their portfolio | 19.9k $147.1m | Added +2.7k |
| Liontrust Investment Partners LLP 1.86% of their portfolio | 17.6k $130.2m | Added +1.7k |
| FMR LLC 0.01% of their portfolio | 15.9k $117.6m | Reduced -1.0k |
| Qube Research & Technologies Ltd 0.16% of their portfolio | 15.9k $117.2m | Reduced -1.4k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 15.7k $116.3m | Reduced -1.0k |
| UBS Group AG 0.02% of their portfolio | 15.6k $115.5m | Reduced -3.2k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.43% of their portfolio | 14.7k $108.6m | Added +2.8k |
| Pacer Advisors, Inc. 0.27% of their portfolio | 14.4k $106.7m | Added +58 |
| Giverny Capital Inc. 3.56% of their portfolio | 14.0k $103.7m | Added +548 |
| BARCLAYS PLC 0.04% of their portfolio | 14.0k $103.6m | Added +211 |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.98% of their portfolio | 14.0k $103.1m | New |
| Thrivent Financial for Lutherans 0.23% of their portfolio | 13.9k $103.0m | Reduced -1.8k |
| HSBC HOLDINGS PLC 0.07% of their portfolio | 13.8k $101.7m | Reduced -8.4k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 13.2k $97.3m | Added +280 |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 12.7k $93.5m | Reduced -3.6k |
| Amundi 0.03% of their portfolio | 12.1k $93.9m | Added +781 |
| Markel Group Inc. 0.74% of their portfolio | 11.9k $87.9m | Added +13 |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 11.7k $86.2m | Reduced -469 |
| TIMUCUAN ASSET MANAGEMENT INC/FL 2.45% of their portfolio | 11.3k $83.7m | Added +14 |
| Berkshire Hathaway Inc 0.03% of their portfolio | 11.1k $82.1m | Unchanged |
| Quantum Capital Management, LLC / NJ 8.35% of their portfolio | 10.5k $77.2m | Reduced -78 |
| Holocene Advisors, LP 0.18% of their portfolio | 10.0k $74.2m | Added +4.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 9.5k $70.4m | Added +940 |
| Corient Private Wealth LP 0.09% of their portfolio | 9.3k $68.5m | Reduced -109 |
| Swiss National Bank 0.04% of their portfolio | 9.0k $66.4m | Added +350 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.16% of their portfolio | 8.7k $64.2m | Reduced -2.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 8.3k $61.5m | Added +1.1k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 8.2k $60.4m | Reduced -234 |
| CANADA PENSION PLAN INVESTMENT BOARD 0.04% of their portfolio | 7.1k $52.5m | Added +197 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.19% of their portfolio | 7.0k $51.9m | Reduced -10.1k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 6.7k $49.6m | Reduced -2.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio | 6.7k $49.2m | Reduced -370 |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.34% of their portfolio | 6.7k $49.1m | Added +220 |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 6.6k $48.6m | Added +154 |
| Russell Investments Group, Ltd. 0.06% of their portfolio | 6.0k $44.2m | Added +428 |
| National Pension Service 0.04% of their portfolio | 5.7k $41.9m | Added +29 |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 5.6k $41.4m | Added +156 |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.03% of their portfolio | 5.5k $40.9m | Added +277 |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.17% of their portfolio | 5.5k $40.8m | Added +298 |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 5.4k $40.2m | Added +903 |
| AltraVue Capital, LLC 3.48% of their portfolio | 5.4k $39.6m | Unchanged |
| Brandywine Global Investment Management, LLC 0.28% of their portfolio | 5.3k $39.2m | Added +784 |
| California Public Employees Retirement System 0.02% of their portfolio | 5.1k $37.9m | Added +298 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio | 5.1k $37.9m | Reduced -6.4k |
| Man Group plc 0.08% of their portfolio | 5.0k $37.2m | Added +70 |
| Pictet Asset Management Holding SA 0.04% of their portfolio | 4.9k $36.4m | Added +123 |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 4.8k $35.7m | Reduced -4.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 4.7k $34.6m | Added +693 |
| RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio | 4.7k $34.5m | New |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 4.6k $33.9m | Added +4.2k |
| JANE STREET GROUP, LLC 0.05% of their portfolio | 4.5k $33.5m | Added +4.4k |
| Obermeyer Wealth Partners 1.50% of their portfolio | 4.1k $30.1m | Reduced -56 |
| CITIGROUP INC 0.02% of their portfolio | 4.0k $29.8m | Reduced -1.7k |
| CANADA LIFE ASSURANCE Co 0.05% of their portfolio | 4.0k $29.3m | Reduced -60 |
| Mitsubishi UFJ Trust & Banking Corp 0.07% of their portfolio | 3.9k $28.7m | Added +1.4k |
| Archon Partners LLC 3.21% of their portfolio | 3.8k $27.8m | Unchanged |
| Assenagon Asset Management S.A. 0.04% of their portfolio | 3.6k $26.7m | Reduced -4.8k |
| GUARDIAN POINT CAPITAL, LP 11.83% of their portfolio | 3.5k $25.8m | Unchanged |
| FIL Ltd 0.02% of their portfolio | 3.5k $25.5m | Reduced -1.2k |
| FEDERATED HERMES, INC. 0.05% of their portfolio | 3.4k $24.8m | Reduced -371 |
| Allianz Asset Management GmbH 0.03% of their portfolio | 3.4k $24.8m | Reduced -4.0k |
| Gotham Asset Management, LLC 0.14% of their portfolio | 3.2k $23.9m | Added +379 |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 3.1k $23.1m | Reduced -7.3k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.05% of their portfolio | 3.1k $23.0m | Added +80 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.61% of their portfolio | 3.1k $22.6m | Reduced -528 |
| Allegheny Financial Group 4.94% of their portfolio | 3.0k $22.2m | Reduced -2 |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 3.0k $22.1m | Reduced -58 |
| Broad Run Investment Management, LLC 3.30% of their portfolio | 2.9k $21.6m | Reduced -178 |
| Venator Management LLC 5.43% of their portfolio | 2.8k $21.0m | Added +98 |
| BROWN BROTHERS HARRIMAN & CO 0.13% of their portfolio | 2.8k $20.6m | Reduced -40 |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 2.7k $20.1m | Added +118 |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 2.7k $19.9m | Reduced -1.2k |
| Korea Investment CORP 0.04% of their portfolio | 2.6k $19.5m | Reduced -513 |