Pacific Heights Asset Management’s Lennar Class A LEN Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$23.9M	Buy	275,000 +50,000	+22%	+$5.4M	0.8%	47
2025 Q4	$23.1M	Buy	225,000 +50,000	+29%	+$6.04M	0.87%	42
2025 Q3	$22.1M	Buy	175,000 +35,000	+25%	+$4.34M	0.98%	29
2025 Q2	$15.5M	Buy	140,000 +7,000	+5%	+$758K	0.83%	37
2025 Q1	$15.3M	Buy	133,000 +71,020	+115%	+$8.87M	1.04%	27
2024 Q4	$27.4M	Sell	61,980 -72,310	-54%	-$11.8M	1.87%	9
2024 Q3	$24.4M	Hold	134,290	–	–	1.81%	10
2024 Q2	$19.5M	Hold	134,290	–	–	1.53%	12
2024 Q1	$22.4M	Hold	134,290	–	–	1.83%	11
2023 Q4	$19.4M	Hold	134,290	–	–	1.66%	15
2023 Q3	$14.6M	Hold	134,290	–	–	1.38%	22
2023 Q2	$16.3M	Hold	134,290	–	–	1.48%	19
2023 Q1	$13.7M	Hold	134,290	–	–	1.28%	23
2022 Q4	$11.8M	Hold	134,290	–	–	1.15%	29
2022 Q3	$9.69M	Hold	134,290	–	–	1.03%	36
2022 Q2	$9.17M	Buy	134,290 +25,825	+24%	+$1.89M	0.93%	43
2022 Q1	$8.52M	Hold	108,465	–	–	0.73%	52
2021 Q4	$12.2M	Hold	108,465	–	–	1.03%	32
2021 Q3	$9.84M	Hold	108,465	–	–	0.93%	40
2021 Q2	$10.4M	Hold	108,465	–	–	0.96%	35
2021 Q1	$10.6M	Sell	108,465 -1,033	-0.9%	-$86.9K	0.97%	31
2020 Q4	$8.08M	Hold	109,498	–	–	0.8%	38
2020 Q3	$8.66M	Hold	109,498	–	–	1.13%	29
2020 Q2	$6.53M	Buy	109,498 +6,198	+6%	+$317K	0.97%	32
2020 Q1	$3.82M	Sell	103,300 -6,198	-6%	-$351K	0.64%	51
2019 Q4	$5.91M	Hold	109,498	–	–	0.74%	47
2019 Q3	$5.92M	Hold	109,498	–	–	0.8%	41
2019 Q2	$5.14M	Hold	109,498	–	–	0.67%	52
2019 Q1	$5.2M	Hold	109,498	–	–	0.68%	55
2018 Q4	$4.15M	Hold	109,498	–	–	0.57%	59
2018 Q3	$4.95M	Sell	109,498 -25,825	-19%	-$1.3M	0.54%	62
2018 Q2	$6.88M	Sell	135,323 -201	-0.1%	-$10.5K	0.71%	49
2018 Q1	$7.73M	Buy	+135,524	New	+$8.17M	0.82%	44