Greenhaven Associates Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 2, 2025), Greenhaven Associates Inc. reported 26 stock positions worth $6.3 billion. Its top holding was Citigroup (C) at 18.8% of the portfolio, followed by General Motors Co (GM) (17.8%) and Lennar Class A (LEN, 17.2%). Compared with Q4 2024, it opened 2 new positions, sold out of 1, added to 11 and reduced 4. The biggest buy was Millrose Properties (MRP, shares +72%) and the biggest sale CRH (CRH, shares −96%).
- Most Recent 13F
- Q2 2026
- Location
- Purchase, NY
- CIK
- 0000846222
- Portfolio Value
- $6.3B (Q1 2025)
- SEC Filing
- 0001213900-25-027816 ↗ filed Apr 2, 2025
Holdings Value
Holdings 26 stocks · $6.3B
| C Citigroup Inc. | 18.80% | 16,665,843 | $1.2B | Reduce -1.2% |
| General Motors Co (GM) | 17.77% | 23,780,060 | $1.1B | Add +0.2% |
| LEN Lennar Corp. Class A | 17.22% | 9,439,955 | $1.1B | Add +3.0% |
| TOL Toll Brothers Inc. | 9.33% | 5,562,582 | $587.4M | Add +0.5% |
| PHM Pultegroup Inc. | 9.13% | 5,587,328 | $574.4M | Add +0.1% |
| DHI D.R. Horton Inc. | 7.42% | 3,674,763 | $467.2M | Add +0.1% |
| OSK Oshkosh Corp. | 3.82% | 2,553,606 | $240.2M | Add +0.1% |
| MRP Millrose Properties | 3.32% | 7,888,017 | $209.1M | Add +72.1% |
| ARW Arrow Electronics Inc. | 3.16% | 1,913,757 | $198.7M | Add +0.5% |
| AVT Avnet Inc. | 3.03% | 3,965,237 | $190.7M | Add +0.1% |
| LEA Lear Corp. | 2.58% | 1,843,447 | $162.6M | Add +0.1% |
| MTH Meritage Homes Corp. | 1.62% | 1,434,368 | $101.7M | Reduce -3.0% |
| NOV Nov Inc. | 0.99% | 4,114,157 | $62.6M | Add +25.0% |
| TEX Terex Corp. | 0.90% | 1,503,133 | $56.8M | No change |
| LEN.B Lennar Corp. Class B | 0.63% | 364,059 | $39.7M | No change |
| G Genpact Ltd. | 0.12% | 146,678 | $7.4M | Reduce -88.1% |
| CRH CRH PLC | 0.04% | 26,937 | $2.4M | Reduce -95.7% |
| SCHW Schwab (charles) Corp. | 0.02% | 20,000 | $1.6M | No change |
| GS Goldman Sachs Group Inc. | 0.02% | 2,500 | $1.4M | No change |
| A Agilent Technologies Inc. | 0.02% | 10,700 | $1.3M | No change |
| JPM JPMorgan Chase & Co. | 0.02% | 5,000 | $1.2M | No change |
| MS Morgan Stanley | 0.02% | 10,000 | $1.2M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.01% | 1,001 | $533K | No change |
| UNP Union Pacific Corp. | 0.01% | 2,032 | $480K | No change |
| STLA Stellantis NV | 0.01% | 30,000 | $336K | New |
| RHI Robert Half Inc. | 0.00% | 3,800 | $207K | New |
Portfolio Sells Q4 2024 → Q1 2025
Portfolio Buys Q4 2024 → Q1 2025
| MRP Millrose Properties | Add +72.1% | 3.32% | +1.53 |
| NOV Nov Inc. | Add +25.0% | 0.99% | +0.28 |
| OSK Oshkosh Corp. | Add +0.1% | 3.82% | +0.23 |
| PHM Pultegroup Inc. | Add +0.1% | 9.13% | +0.13 |
| STLA Stellantis NV | New | 0.01% | +0.01 |
| RHI Robert Half Inc. | New | 0.00% | +0.00 |
| LEA Lear Corp. | Add +0.1% | 2.58% | +0.00 |
| ARW Arrow Electronics Inc. | Add +0.5% | 3.16% | −0.03 |
| AVT Avnet Inc. | Add +0.1% | 3.03% | −0.04 |
| DHI D.R. Horton Inc. | Add +0.1% | 7.42% | −0.17 |
| General Motors Co (GM) | Add +0.2% | 17.77% | −0.93 |
| TOL Toll Brothers Inc. | Add +0.5% | 9.33% | −0.98 |
| LEN Lennar Corp. Class A | Add +3.0% | 17.22% | −1.27 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 28 | $8.7B | LEN, General Motors Co (GM), TOL, BDX, PHM |
| Q1 2026 | 27 | $6.1B | General Motors Co (GM), LEN, TOL, PHM, DHI |
| Q4 2025 | 30 | $6.2B | General Motors Co (GM), LEN, TOL, PHM, DHI |
| Q3 2025 | 27 | $6.6B | General Motors Co (GM), LEN, TOL, PHM, DHI |
| Q2 2025 | 25 | $6.7B | C, General Motors Co (GM), LEN, TOL, PHM |
| Q1 2025 | 26 | $6.3B | C, General Motors Co (GM), LEN, TOL, PHM |
| Q4 2024 | 24 | $6.8B | General Motors Co (GM), LEN, C, TOL, PHM |
| Q3 2024 | 24 | $8.5B | LEN, General Motors Co (GM), C, CRH, TOL |
| Q2 2024 | 25 | $7.6B | LEN, General Motors Co (GM), C, CRH, TOL |
| Q1 2024 | 27 | $10.9B | LEN, General Motors Co (GM), C, GS, CRH |