Greenhaven Associates
Edgar Wachenheim IIIPurchase, NYfiles as GREENHAVEN ASSOCIATES INC
$8.7bn in 28 US stocks at the end of 30 June 2026. The top 10 are 79.1% of the money. It changed about 20.1% of the portfolio this quarter.
Value
$8.7bn
Stocks
28
Top 10 share
79.1%
Turnover
20.1%
What changed this quarter
New
Bought for the first time this quarter.
- Becton DickinsonBDX9.9% of the fund
- AccentureACN4.9% of the fund
- Iqvia HoldingsIQV1.7% of the fund
- EPAM SystemsEPAM0.5% of the fund
Added
Bought more of a stock they already held.
- LennarLEN11.8% of the fund+6%
- General Motors Co (GM)11.5% of the fund+3%
- IconICLR6.2% of the fund+55%
- AvantorAVTR2.8% of the fund+9%
- DnowDNOW0.7% of the fund+427%
Cut
Sold some of their stake.
- Arrow ElectronicsARW4.3% of the fund-7%
- AvnetAVT3.9% of the fund-4%
- LearLEA2.3% of the fund-14%
- SLB LimitedSLB2.0% of the fund-18%
- Meritage HomesMTH1.3% of the fund-11%
- NOVNOV1.2% of the fund-2%
- Vanguard Instl Index FDVBIL0.6% of the fund-45%
- JPMorgan ChaseJPM<0.1% of the fund-38%
Sold out
Sold their entire stake.
- Taylor Morrison Home-100%
- TerexTEX-100%
- StellantisSTLA-100%
Holdings
- General Motors Co (GM)
- Share
- 11.5%
- Value
- $992m
- Shares
- 12,873,506
+3%
- Vanguard Instl Index FDVBIL
- Share
- 0.6%
- Value
- $50m
- Shares
- 662,000
-45%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| LennarLEN | 11.8% | $1.0bn | 11,316,279 | +6% |
| General Motors Co (GM) | 11.5% | $992m | 12,873,506 | +3% |
| Toll BrothersTOL | 10.7% | $928m | 5,630,109 | Held |
| Becton DickinsonBDX | 9.9% | $860m | 5,681,708 | New |
| PultegroupPHM | 8.6% | $749m | 5,455,949 | Held |
| Horton D RDHI | 6.6% | $571m | 3,505,800 | Held |
| IconICLR | 6.2% | $539m | 3,100,615 | +55% |
| AccentureACN | 4.9% | $421m | 3,384,681 | New |
| OshkoshOSK | 4.5% | $393m | 2,558,680 | Held |
| Arrow ElectronicsARW | 4.3% | $376m | 1,764,153 | -7% |
| AvnetAVT | 3.9% | $335m | 3,772,861 | -4% |
| Baxter InternationalBAX | 3.5% | $305m | 14,285,228 | Held |
| AvantorAVTR | 2.8% | $244m | 24,637,310 | +9% |
| LearLEA | 2.3% | $195m | 1,455,933 | -14% |
| SLB LimitedSLB | 2.0% | $177m | 3,802,344 | -18% |
| Iqvia HoldingsIQV | 1.7% | $148m | 768,045 | New |
| Meritage HomesMTH | 1.3% | $109m | 1,297,494 | -11% |
| NOVNOV | 1.2% | $104m | 5,620,019 | -2% |
| DnowDNOW | 0.7% | $56m | 4,343,617 | +427% |
| Vanguard Instl Index FDVBIL | 0.6% | $50m | 662,000 | -45% |
| EPAM SystemsEPAM | 0.5% | $47m | 587,300 | New |
| LennarLEN-B | 0.4% | $32m | 364,059 | Held |
| CRH PublicCRH | <0.1% | $2m | 17,500 | Held |
| Agilent TechnologiesA | <0.1% | $1m | 10,700 | Held |
| Charles SchwabSCHW | <0.1% | $1m | 12,500 | Held |
| JPMorgan ChaseJPM | <0.1% | $818,325 | 2,500 | -38% |
| Union PacificUNP | <0.1% | $552,704 | 2,032 | Held |
| GenpactG | <0.1% | $275,000 | 10,000 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 28.8% since 30 June 2025.
Where the money is
Retail & consumer41.7%
Health care24.2%
Technology13.6%
Industrials5.2%
Energy3.2%
Financial services0.0%
Materials0.0%
Other12.0%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.