Brave Warrior Advisors, LLC: LENNAR CORPORATION - A (LEN) (LEN): Quarterly 13F Position History
As of Q1 2026, Brave Warrior Advisors, LLC reported 2,410,050 shares of LENNAR CORPORATION - A (LEN) (LEN), worth $209.3M and representing 5.2% of its 13F equity book. Quarter-over-quarter share count change: 1,364 (-0.1%) . The position first appeared in Q3 2018 and has been disclosed across 31 13F-HR filings in Pactolio's tracked window.
- 2,410,050Shares Held (Latest Filing)
- $209.3MReported Market Value (Latest Filing)
- 5.2%Portfolio Weight (% of 13F Equity Book)
- 1,364Quarter-over-Quarter Share Change
- -$38.6MQuarter-over-Quarter Value Change
- 3,637,167Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 31 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 2,410,050 | 1,364 | -0.1% | $209.3M | 5.2% | $86.8 |
| Q4 2025 | 2,411,414 | +405,908 | +20.2% | $247.9M | 5.8% | $102.8 |
| Q3 2025 | 2,005,506 | 151,621 | -7.0% | $252.8M | 5.9% | $126.0 |
| Q2 2025 | 2,157,127 | 32,481 | -1.5% | $238.6M | 5.5% | $110.6 |
| Q1 2025 | 2,189,608 | +415,218 | +23.4% | $251.3M | 5.8% | $114.8 |
| Q4 2024 | 1,774,390 | 6,462 | -0.4% | $242.0M | 6.0% | $136.4 |
| Q3 2024 | 1,780,852 | +195,540 | +12.3% | $333.9M | 6.9% | $187.5 |
| Q2 2024 | 1,585,312 | +570,871 | +56.3% | $237.6M | 5.3% | $149.9 |
| Q1 2024 | 1,014,441 | +442,874 | +77.5% | $174.5M | 3.6% | $172.0 |
| Q4 2023 | 571,567 | 442,371 | -43.6% | $85.2M | 2.0% | $149.0 |
| Q3 2023 | 1,013,938 | +290,822 | +40.2% | $113.8M | 2.8% | $112.2 |
| Q2 2023 | 723,116 | 151,774 | -17.3% | $90.6M | 2.4% | $125.3 |
| Q1 2023 | 874,890 | 3,575 | -0.4% | $92.0M | 2.8% | $105.1 |
| Q4 2022 | 878,465 | 19,454 | -2.2% | $79.5M | 2.5% | $90.5 |
| Q3 2022 | 897,919 | +85,455 | +10.5% | $66.9M | 2.3% | $74.6 |
| Q2 2022 | 812,464 | +96,660 | +13.5% | $57.3M | 2.0% | $70.6 |
| Q1 2022 | 715,804 | +715,804 | — | $58.1M | 1.7% | $81.2 |
| Q4 2021 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2021 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2021 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2021 | 0 | 0 | — | $0 | 0.0% | — |
| Q4 2020 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2020 | 0 | 1,208,285 | -100.0% | $0 | 0.0% | — |
| Q2 2020 | 1,208,285 | 469,166 | -28.0% | $74.5M | 3.7% | $61.6 |
| Q1 2020 | 1,677,451 | 692,176 | -29.2% | $64.1M | 3.7% | $38.2 |
| Q4 2019 | 2,369,627 | 145,117 | -5.8% | $132.2M | 7.0% | $55.8 |
| Q3 2019 | 2,514,744 | 859,753 | -25.5% | $140.4M | 7.5% | $55.8 |
| Q2 2019 | 3,374,497 | 262,670 | -7.2% | $163.5M | 8.7% | $48.5 |
| Q1 2019 | 3,637,167 | +213,785 | +6.2% | $178.5M | 9.0% | $49.1 |
| Q4 2018 | 3,423,382 | +1,208,074 | +54.5% | $134.0M | 6.8% | $39.1 |
| Q3 2018 | 2,215,308 | — | — | $103.4M | 4.4% | $46.7 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Brave Warrior Advisors, LLC first disclose a LEN position in 13F-HR filings?
Brave Warrior Advisors, LLC first reported LENNAR CORPORATION - A (LEN) (LEN) on its 13F-HR filing for the period ending 2018-09-30 (Q3 2018). The position has appeared on 31 reported quarters within Pactolio's tracked window.
What was Brave Warrior Advisors, LLC's most recent quarter-over-quarter share-count change in LEN?
Between Q4 2025 and Q1 2026, Brave Warrior Advisors, LLC reduced its LEN position by 1,364 shares (-0.1%), leaving 2,410,050 shares at a market value of $209.3M.
Does the implied price-per-share represent Brave Warrior Advisors, LLC's cost basis in LEN?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.