Greenhaven Associates 13F, Q2 2025
Greenhaven Associates · quarter ending 30 June 2025 · filed 8 July 2025 · SEC CIK 846222
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q2 2025
Weights are against the whole filed book. Changes are in shares held, against the Q1 2025 filing.
| Company | Ticker | Value | % of book | vs Q1 2025 |
|---|---|---|---|---|
| Citigroup Inc (C) | C | $1.38B | 20.5% | -3% shares |
| General Motors Co (GM) | $1.16B | 17.3% | unchanged | |
| Lennar Corporation - A (LEN) | LEN | $1.05B | 15.6% | unchanged |
| Toll Brothers, Inc. (TOL) | TOL | $639.35M | 9.5% | unchanged |
| PulteGroup Inc. (PHM) | PHM | $588.51M | 8.8% | unchanged |
| D R Horton, Inc. (DHI) | DHI | $474.56M | 7.1% | unchanged |
| Oshkosh Corp (OSK) | OSK | $290.03M | 4.3% | unchanged |
| Arrow Electronics Inc (ARW) | ARW | $243.74M | 3.6% | unchanged |
| Millrose Properties (MRP) | MRP | $224.87M | 3.4% | unchanged |
| Avnet Inc (AVT) | AVT | $210.35M | 3.1% | unchanged |
| Lear Corporation (LEA) | LEA | $174.92M | 2.6% | unchanged |
| Meritage Homes Corp (MTH) | MTH | $99.92M | 1.5% | +4% shares |
| Terex Corp (TEX) | TEX | $70.03M | 1.0% | unchanged |
| NOV INC (NOV) | NOV | $61.93M | 0.9% | +21% shares |
| Lennar Corporation - B SHS (LEN/B) | LEN/B | $38.32M | 0.6% | unchanged |
| Icon PLC (ICLR) | $2.56M | 0.0% | new | |
| CRH PLC (CRH) | $2.47M | 0.0% | unchanged | |
| Charles Schwab Corporation (SCHW) | SCHW | $1.82M | 0.0% | unchanged |
| Goldman Sachs (GS) | GS | $1.77M | 0.0% | unchanged |
| J P Morgan Chase (JPM) | JPM | $1.45M | 0.0% | unchanged |
| Morgan Stanley (MS) | MS | $1.41M | 0.0% | unchanged |
| Agilent Technologies, Inc. (A) | A | $1.26M | 0.0% | unchanged |
| Genpact LTD (G) | $484.9K | 0.0% | -93% shares | |
| Union Pacific Corp (UNP) | UNP | $467.5K | 0.0% | unchanged |
| Stellantis NV (STLA) | $361.1K | 0.0% | +20% shares |
What changed since Q1 2025
Against the Q1 2025 filing, Greenhaven Associates opened 1 new position, added to 3, trimmed 2, left 19 unchanged and exited 2. 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 0001213900-25-061983, 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.