Greenhaven Associates 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Greenhaven Associates disclosed 30 US equity positions worth $6.2bn in its Q4 2025 13F filing. The largest position was General Motors Co (GM) at 20.0% of the reported book, followed by LEN and TOL. Against the Q3 2025 filing, it opened 4 new positions, added to 5 and reduced 8 among the top 30 holdings.
What did Greenhaven Associates own in Q4 2025? Top 30 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | General Motors Co (GM) | 20.0% | $1.2bn | 15,178,957 | -34% | reduced | |
| 2 | LEN Lennar Corporation - A (LEN) | Consumer Cyclical | 16.8% | $1.0bn | 10,094,147 | 5% | added |
| 3 | TOL Toll Brothers, Inc. (TOL) | Consumer Cyclical | 12.3% | $757.7m | 5,603,187 | 0% | held |
| 4 | PHM PulteGroup Inc. (PHM) | Consumer Cyclical | 10.5% | $649.0m | 5,534,428 | -1% | reduced |
| 5 | DHI D R Horton, Inc. (DHI) | Consumer Cyclical | 8.1% | $501.8m | 3,484,146 | -4% | reduced |
| 6 | OSK Oshkosh Corp (OSK) | Industrials | 5.1% | $316.8m | 2,521,296 | -0% | held |
| 7 | AVTR Avantor Inc (AVTR) | Healthcare | 3.8% | $234.9m | 20,500,653 | 12% | added |
| 8 | ARW Arrow Electronics Inc (ARW) | Technology | 3.4% | $209.3m | 1,899,971 | 0% | held |
| 9 | BAX Baxter International Inc (BAX) | Healthcare | 3.3% | $204.3m | 10,693,223 | 70% | added |
| 10 | LEA Lear Corporation (LEA) | Consumer Cyclical | 3.3% | $203.5m | 1,776,038 | -1% | reduced |
| 11 | AVT Avnet Inc (AVT) | Technology | 3.1% | $188.9m | 3,928,866 | -0% | held |
| 12 | SLB SLB LTD (SLB) | Energy | 2.9% | $178.9m | 4,660,827 | – | new |
| 13 | MRP Millrose Properties (MRP) | Real Estate | 2.2% | $137.3m | 4,596,584 | -0% | held |
| 14 | MTH Meritage Homes Corp (MTH) | Consumer Cyclical | 1.6% | $96.4m | 1,465,340 | 1% | added |
| 15 | NOV NOV INC (NOV) | Energy | 1.5% | $89.8m | 5,745,138 | -0% | held |
| 16 | Vanguard 0-3M T-Bill ETF (VBIL) | 0.9% | $58.3m | 772,725 | 55% | added | |
| 17 | LEN/B Lennar Corporation - B SHS (LEN/B) | 0.6% | $34.6m | 364,059 | 0% | held | |
| 18 | TFX Teleflex Inc (TFX) | Healthcare | 0.2% | $14.9m | 122,079 | – | new |
| 19 | C Citigroup Inc (C) | Financial Services | 0.1% | $3.9m | 33,260 | -60% | reduced |
| 20 | ICLR Icon PLC (ICLR) | Healthcare | 0.1% | $3.2m | 17,394 | -0% | held |
| 21 | RHI Robert Half Inc (RHI) | Industrials | 0.0% | $2.8m | 104,700 | – | new |
| 22 | TMHC* Taylor Morrison Home Corp (TMHC) | 0.0% | $2.8m | 47,500 | – | new | |
| 23 | CRH CRH PLC (CRH) | Basic Materials | 0.0% | $2.5m | 20,000 | -20% | reduced |
| 24 | A Agilent Technologies, Inc. (A) | Healthcare | 0.0% | $1.5m | 10,700 | 0% | held |
| 25 | JPM J P Morgan Chase (JPM) | Financial Services | 0.0% | $1.3m | 4,000 | 0% | held |
| 26 | SCHW Charles Schwab Corporation (SCHW) | Financial Services | 0.0% | $1.2m | 12,500 | -17% | reduced |
| 27 | TEX Terex Corp (TEX) | Industrials | 0.0% | $1.0m | 19,422 | -99% | reduced |
| 28 | UNP Union Pacific Corp (UNP) | Industrials | 0.0% | $470.0k | 2,032 | 0% | held |
| 29 | G Genpact LTD (G) | Technology | 0.0% | $467.8k | 10,000 | 0% | held |
| 30 | STLA Stellantis NV (STLA) | Consumer Cyclical | 0.0% | $392.0k | 36,000 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.