Greenhaven Associates 13F, Q1 2025
Greenhaven Associates · quarter ending 31 March 2025 · filed 2 April 2025 · SEC CIK 846222
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2025
The 25 largest of 26 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2024 filing.
| Company | Ticker | Value | % of book | vs Q4 2024 |
|---|---|---|---|---|
| Citigroup Inc (C) | C | $1.18B | 18.8% | unchanged |
| General Motors Co (GM) | $1.12B | 17.8% | unchanged | |
| Lennar Corporation - A (LEN) | LEN | $1.08B | 17.2% | +3% shares |
| Toll Brothers, Inc. (TOL) | TOL | $587.35M | 9.3% | unchanged |
| PulteGroup Inc. (PHM) | PHM | $574.38M | 9.1% | unchanged |
| D R Horton, Inc. (DHI) | DHI | $467.17M | 7.4% | unchanged |
| Oshkosh Corp (OSK) | OSK | $240.24M | 3.8% | unchanged |
| Millrose Properties (MRP) | MRP | $209.11M | 3.3% | new |
| Arrow Electronics Inc (ARW) | ARW | $198.71M | 3.2% | unchanged |
| Avnet Inc (AVT) | AVT | $190.69M | 3.0% | unchanged |
| Lear Corporation (LEA) | LEA | $162.63M | 2.6% | unchanged |
| Meritage Homes Corp (MTH) | MTH | $101.67M | 1.6% | +94% shares |
| NOV INC (NOV) | NOV | $62.62M | 1.0% | +25% shares |
| Terex Corp (TEX) | TEX | $56.79M | 0.9% | unchanged |
| Lennar Corporation - B SHS (LEN/B) | LEN/B | $39.71M | 0.6% | unchanged |
| Genpact LTD (G) | $7.39M | 0.1% | -88% shares | |
| CRH PLC (CRH) | $2.37M | 0.0% | -96% shares | |
| Charles Schwab Corporation (SCHW) | SCHW | $1.57M | 0.0% | unchanged |
| Goldman Sachs (GS) | GS | $1.37M | 0.0% | unchanged |
| Agilent Technologies, Inc. (A) | A | $1.25M | 0.0% | unchanged |
| J P Morgan Chase (JPM) | JPM | $1.23M | 0.0% | unchanged |
| Morgan Stanley (MS) | MS | $1.17M | 0.0% | unchanged |
| Berkshire Hathaway Inc. Class B (BRK/B) | BRK/B | $533.1K | 0.0% | unchanged |
| Union Pacific Corp (UNP) | UNP | $480.0K | 0.0% | unchanged |
| Stellantis NV (STLA) | $336.3K | 0.0% | new |
What changed since Q4 2024
Against the Q4 2024 filing, Greenhaven Associates opened 3 new positions, added to 3, trimmed 2, left 18 unchanged and exited 1. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001213900-25-027816, filed by GREENHAVEN ASSOCIATES INC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.