13F filing recap · Q4 2025

What did Greenhaven Associates buy in Q4 2025?

Reported stock-position changes between this filing and the previous one.

Stock value

$6.17B

Positions

Estimated turnover

17.8%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Quarter in review

Greenhaven Associates opened new positions in Slb Limited/nv, Teleflex Incorporated, Robert Half Inc., and Taylor Morrison Home Corp, while exiting The Goldman Sachs Group entirely. The firm trimmed General Motors and increased Baxter International and Vanguard Group substantially. It also added to Avantor and Lennar, and reduced Citigroup and Terex.

New positions

SLBSlb Limited/nv$178.88Mreported value+4.66M shares TFXTeleflex Incorporated$14.90Mreported value+122.1K shares RHIRobert Half Inc.$2.84Mreported value+104.7K shares TMHCTaylor Morrison Home Corp$2.80Mreported value+47.5K shares

Increased positions

LENLennar Corp /new/$1.04Breported value+440.8K shares+4.6%TOLToll Brothers, Inc.$757.66Mreported value+22.2K shares+0.4%AVTRAvantor, Inc.$234.94Mreported value+2.19M shares+12.0%ARWArrow Electronics, Inc.$209.34Mreported value+1.6K shares

Reduced positions

GMGeneral Motors Company$1.23Breported value-7.89M shares-34.2%PHMPultegroup, Inc.$648.97Mreported value-35.4K shares-0.6%DHID.r. Horton, Inc.$501.82Mreported value-153.6K shares-4.2%OSKOshkosh Corporation$316.75Mreported value-5.3K shares

Exited positions

GSThe Goldman Sachs Group, Inc.$796.4Kprior reported value-1.0K shares-100.0%