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Lennar Class B

256 hedge funds and large institutions have $713M invested in Lennar Class B in 2025 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 73 increasing their positions, 88 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 34

0% more funds holding

Funds holding: 255256 (+1)

0.27% more ownership

Funds ownership: 23.75%24.02% (+0.27%)

17% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 88

20% less capital invested

Capital invested by funds: $895M → $713M (-$181M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
256
Holders Change
+1
Holders Change %
+0.39%
% of All Funds
3.11%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.02%
New
39
Increased
73
Reduced
88
Closed
34
Calls
$27K
Puts
Net Calls
+$27K
Net Calls Change
+$27K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$147M +$1.16M +10,194 +0.7%
GF
2
Gabelli Funds
New York
$109M -$306K -2,700 -0.2%
GI
3
GAMCO Investors
Connecticut
$44.3M +$1.38M +12,209 +3%
GA
4
Greenhaven Associates
New York
$34.6M
BlackRock
5
BlackRock
New York
$31.7M -$684K -6,038 -2%
Norges Bank
6
Norges Bank
Norway
$21.6M +$25.7M +226,742 New
Berkshire Hathaway
7
Berkshire Hathaway
Nebraska
$17.2M
Morgan Stanley
8
Morgan Stanley
New York
$16.1M +$71.3K +629 +0.4%
GCM
9
GoodHaven Capital Management
New Jersey
$14.4M +$1.41M +12,400 +9%
Goldman Sachs
10
Goldman Sachs
New York
$14.3M -$121K -1,065 -0.7%
TAM
11
Third Avenue Management
New York
$14.1M +$18.7K +165 +0.1%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
12
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$12.8M
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$12.1M -$641K -5,654 -4%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$11.6M -$1.16M -10,232 -8%
6CM
15
683 Capital Management
New York
$10.9M
NI
16
NFC Investments
Tennessee
$10.8M -$72.4K -639 -0.6%
Principal Financial Group
17
Principal Financial Group
Iowa
$10.7M +$997K +8,793 +8%
Neuberger Berman Group
18
Neuberger Berman Group
New York
$8.72M -$2.86M -25,189 -22%
Legal & General Group
19
Legal & General Group
United Kingdom
$7.65M -$358K -3,159 -4%
Fidelity Investments
20
Fidelity Investments
Massachusetts
$7.37M -$1.04M -9,185 -11%
MG
21
Magnolia Group
Nebraska
$6.76M +$8.05M +71,031 New
RDWM
22
Red Door Wealth Management
Tennessee
$6.25M -$628K -5,541 -8%
State Street
23
State Street
Massachusetts
$6.2M +$57.8K +510 +0.8%
Arrowstreet Capital
24
Arrowstreet Capital
Massachusetts
$6.06M -$333K -2,940 -4%
MIM
25
Montgomery Investment Management
Maryland
$5.39M -$17K -150 -0.3%

LEN.B Hedge Fund Activity: Q4 2025 in Review

256 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q4 2025, worth a combined $713M — down 20% from $895M a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new LEN.B positions and 34 closed out — a net gain of 5 holders — while 73 added to existing stakes and 88 trimmed.

The largest buyer was Magnolia Group, opening a new position worth an estimated $8.05M. The largest seller was Torray Investment Partners, exiting entirely with an estimated $16.2M sold.

  • 256 institutional investors held Lennar Class B (LEN.B) as of Q4 2025, up from 255 in Q3 2025.
  • Funds reported $713M of Lennar Class B stock for Q4 2025, down 20% quarter-over-quarter.
  • 39 funds opened new Lennar Class B positions in Q4 2025 and 34 closed out, a net change of +5 holders.
  • The largest Lennar Class B buyer in Q4 2025 was Magnolia Group, an estimated $8.05M added.
  • The largest Lennar Class B seller in Q4 2025 was Torray Investment Partners, an estimated $16.2M sold.

Based on aggregated 13F filings for Q4 2025.