GREENHAVEN ASSOCIATES INC adds 53,630 shares of LENNAR to their portfolio.

Greenhaven Associates Inc. added 53,630 shares of LENNAR to their portfolio, according to a new SEC 13F filing. This disclosure reflects the funds' holdings for the 06-30-2025 report period. LENNAR hedge fund activity has seen 467 institutional investors add shares and 503 decrease their positions in their most recent quarter.

Greenhaven Associates Inc. has recently added 53,630 shares of LENNAR (LEN) to their portfolio, as per a new SEC 13F filing. This addition reflects the fund's holdings for the period ending June 30, 2025 [1]. The move comes amidst a broader trend of hedge fund activity surrounding LENNAR, with 467 institutional investors increasing their shares and 503 decreasing their positions in the most recent quarter [1].

Some of the notable moves include:
- Eagle Capital Management LLC added 7,297,990 shares (+infinite percent) in Q1 2025, an estimated $837,663,292 [1].
- BlackRock, Inc. removed 3,063,474 shares (-12.3%) from their portfolio in Q1 2025, an estimated $351,625,545 [1].
- Manufacturers Life Insurance Company, THE added 2,777,567 shares (+45.4%) in Q1 2025, an estimated $318,809,140 [1].

Additionally, members of Congress have traded LEN stock 6 times in the past six months, with 2 purchases and 4 sales. Representative Jefferson Shreve, for instance, made 1 purchase worth up to $50,000 on May 8 and 3 sales worth up to $150,000 on May 12, March 31, and February 24 [1].

Analysts have issued various price targets for LEN, with a median target of $120.0. Jade Rahmani from Lennar set a target price of $114.0 on June 20, 2025 [1].

The housing sector's continued deterioration, as seen in LENNAR's incentives surging to 13% of home building revenues in Q1 2025, is a significant concern for the broader economy. The housing sector's contribution to GDP was 16.4% in Q1 2025, with residential fixed investment accounting for roughly a quarter of this contribution [2]. The survey of homebuilders showed a decline in single-family home starts for the year, indicating potential further strain on the sector. This decline in housing could impact consumer confidence and spending, potentially exacerbating economic concerns.

In summary, Greenhaven Associates Inc.'s addition of LENNAR shares to their portfolio reflects broader institutional interest in the company. The housing sector's ongoing challenges, however, pose a significant risk to the economy and financial markets.

References:
[1] https://www.quiverquant.com/news/Fund+Update%3A+GREENHAVEN+ASSOCIATES+INC+added+53%2C630+shares+of+LENNAR+%28%24LEN%29+to+their+portfolio
[2] https://seekingalpha.com/article/4799908-housing-could-be-tipping-point-for-economy-markets