WallStSmart

Greenhaven Associates

Greenhaven Associates

Latest 13F filing
Q1 2026
filed Apr 6, 2026
Portfolio value
$6.07B
Positions
27
Top 10 concentration
84.2%
QoQ change
-1.6%
$-98.47M
Activity vs. Q4 2025
1
New positions
11
Added to
6
Unchanged
9
Reduced
11
Exited

Portfolio composition — Q1 2026

  • ?General Motors Co (GM)15.4%
  • LENLennar Corporation - A (LEN)15.2%
  • TOLToll Brothers, Inc. (TOL)12.7%
  • PHMPulteGroup Inc. (PHM)10.6%
  • DHID R Horton, Inc. (DHI)7.8%
  • OSKOshkosh Corp (OSK)6.1%
  • ARWArrow Electronics Inc (ARW)4.5%
  • AVTAvnet Inc (AVT)4.0%
  • BAXBaxter International Inc (BAX)4.0%
  • SLBSLB LTD (SLB)3.9%
  • Other17 more positions15.8%

Top buys

New & added positions, by size

  • LENADD
    Lennar Corporation - A (LEN)
    $923.29M
    +5.3%
  • TOLADD
    Toll Brothers, Inc. (TOL)
    $770.42M
    +0.8%
  • OSKADD
    Oshkosh Corp (OSK)
    $372.59M
    +0.4%
  • BAXADD
    Baxter International Inc (BAX)
    $240.37M
    +33.8%
  • SLBADD
    SLB LTD (SLB)
    $239.71M
    +0.1%

Top sells

Reduced & exited positions, biggest cuts first

  • FTIEXIT
    Technipfmc PLC (FTI)
    -100.0%
    Exited
  • CEXIT
    Citigroup Inc (C)
    -100.0%
    Exited
  • MRPEXIT
    Millrose Properties (MRP)
    -100.0%
    Exited
  • RHIEXIT
    Robert Half Inc (RHI)
    -100.0%
    Exited
  • GSEXIT
    Goldman Sachs (GS)
    -100.0%
    Exited

Holdings as of Q1 2026

#TickerIssuerSharesValue% PortfolioReported priceActionΔ Shares
1General Motors Co (GM)12,526,135$933.20M15.37%$74.50REDUCE-17.5%
2LENLennar Corporation - A (LEN)10,632,131$923.29M15.21%$86.84ADD+5.3%
3TOLToll Brothers, Inc. (TOL)5,645,309$770.42M12.69%$136.47ADD+0.8%
4PHMPulteGroup Inc. (PHM)5,497,109$646.51M10.65%$117.61REDUCE-0.7%
5DHID R Horton, Inc. (DHI)3,466,920$475.73M7.84%$137.22REDUCE-0.5%
6OSKOshkosh Corp (OSK)2,531,005$372.59M6.14%$147.21ADD+0.4%
7ARWArrow Electronics Inc (ARW)1,895,860$271.89M4.48%$143.41REDUCE-0.2%
8AVTAvnet Inc (AVT)3,920,512$241.58M3.98%$61.62REDUCE-0.2%
9BAXBaxter International Inc (BAX)14,307,688$240.37M3.96%$16.80ADD+33.8%
10SLBSLB LTD (SLB)4,664,577$239.71M3.95%$51.39ADD+0.1%
11ICLRIcon PLC (ICLR)2,002,411$221.59M3.65%$110.66ADD+11412.1%
12LEALear Corporation (LEA)1,697,369$205.52M3.38%$121.08REDUCE-4.4%
13AVTRAvantor Inc (AVTR)22,593,838$177.14M2.92%$7.84ADD+10.2%
14NOVNOV INC (NOV)5,751,338$108.18M1.78%$18.81ADD+0.1%
15VBILVanguard 0-3M T-Bill ETF (VBIL)1,196,425$90.51M1.49%$75.65ADD+54.8%
16MTHMeritage Homes Corp (MTH)1,454,849$89.97M1.48%$61.84REDUCE-0.7%
17LEN/BLennar Corporation - B SHS (LEN/B)364,059$30.62M0.50%$84.120%
18TMHCTaylor Morrison Home Corp (TMHC)270,608$15.76M0.26%$58.24ADD+469.7%
19DNOWDNOW INC (DNOW)824,487$9.82M0.16%$11.91NEW
20CRHCRH PLC (CRH)17,500$1.84M0.03%$105.12REDUCE-12.5%
21AAgilent Technologies, Inc. (A)10,700$1.22M0.02%$113.980%
22JPMJ P Morgan Chase (JPM)4,000$1.18M0.02%$294.160%
23SCHWCharles Schwab Corporation (SCHW)12,500$1.17M0.02%$93.980%
24TEXTerex Corp (TEX)10,922$645.49K0.01%$59.10REDUCE-43.8%
25UNPUnion Pacific Corp (UNP)2,032$493.00K0.01%$242.620%
26GGenpact LTD (G)10,000$372.50K0.01%$37.250%
27STLAStellantis NV (STLA)37,000$262.33K0.00%$7.09ADD+2.8%

Positions exited in Q1 2026

TickerIssuerPrior shares
FTITechnipfmc PLC (FTI)0
CCitigroup Inc (C)33,260
MRPMillrose Properties (MRP)4,596,584
RHIRobert Half Inc (RHI)104,700
GSGoldman Sachs (GS)0
BRK/BBerkshire Hathaway Inc. Class B (BRK/B)0
IPInternational Paper Co (IP)0
MMM3M Company (MMM)0
WRKUSDWestrock CO (WRK)0
MSMorgan Stanley (MS)0
TFXTeleflex Inc (TFX)122,079

Source: SEC EDGAR 13F-HR filing Apr 6, 2026. Reported prices are derived from the filing's value-to-shares ratio (effectively the quarter-end mark). Filings are published with a 45-day delay. CIK 0000846222.