L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 6 Feb 2026
Managers listing it
35
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 11 listed it in both
Shares listed
408,110
combined, among listed positions
Reported value
$3.0bn
combined, at the quarter end

Among the 92 comparable managers: 23 buyers (opened or added shares) and 15 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +21,749.

Managers listing NVR in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

35 of 35 holders

ActionFiling
Capital Research Global Investors133,554$974m0.18%Added+55111 Feb 2026 (the filing on sec.gov)
Capital World Investors40,703$297munder 0.1%Added+12711 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP38,721$282munder 0.1%Trimmed-5,86517 Feb 2026 (the filing on sec.gov)
Invesco Ltd35,427$258munder 0.1%Trimmed-36319 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC28,730$210munder 0.1%Added+9,51517 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc25,882$189munder 0.1%Trimmed-7717 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC12,693$93munder 0.1%Added+9,08912 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)12,154$89munder 0.1%Trimmed-5,13917 Feb 2026 (the filing on sec.gov)
Markel Group Inc12,007$88m0.70%Added+1106 Feb 2026 (the filing on sec.gov)
Berkshire Hathaway Inc11,112$81munder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Millennium Management LLC8,712$64munder 0.1%Added+2,30317 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC8,601$63munder 0.1%Added+2,45917 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP6,576$48munder 0.1%Added+62013 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP6,203$45munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC4,860$35m0.05%Added+3,78012 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP3,826$28munder 0.1%Added+2,15917 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP3,625$26munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP2,852$21munder 0.1%Trimmed-4417 Feb 2026 (the filing on sec.gov)
Man Group PLC2,395$17munder 0.1%Added+65517 Feb 2026 (the filing on sec.gov)
Holocene Advisors LP1,934$14munder 0.1%Trimmed-3,53717 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp1,647$12munder 0.1%Added+63817 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC1,190$8.7munder 0.1%Added+28513 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP767$5.6m0.19%Added+54510 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.714$5.2munder 0.1%Added+30117 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP618$4.5munder 0.1%Added+14117 Feb 2026 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
20 in Q3 2024 to 12 in Q2 2026

Tracked managers listing it, at least.

01020302014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
NVR by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20138$581mn.a.n.a.
Q3 20137$611mn.a.n.a.
Q4 20136$452mn.a.n.a.
Q1 20145$331mn.a.n.a.
Q2 20145$372mn.a.n.a.
Q3 20146$456mn.a.n.a.
Q4 20147$407mn.a.n.a.
Q1 20154$413mn.a.n.a.
Q2 20155$366mn.a.n.a.
Q3 20156$302mn.a.n.a.
Q4 20157$345mn.a.n.a.
Q1 20166$373mn.a.n.a.
Q2 20165$371mn.a.n.a.
Q3 20166$399mn.a.n.a.
Q4 20164$379mn.a.n.a.
Q1 20176$513mn.a.n.a.
Q2 20177$957mn.a.n.a.
Q3 20179$1.2bnn.a.n.a.
Q4 201712$1.5bnn.a.n.a.
Q1 201811$1.3bnn.a.n.a.
Q2 201811$1.3bnn.a.n.a.
Q3 201813$1.2bnn.a.n.a.
Q4 201817$1.4bnn.a.n.a.
Q1 201912$1.6bnn.a.n.a.
Q2 201913$2.3bnn.a.n.a.
Q3 201922$2.6bnn.a.n.a.
Q4 201919$2.3bnn.a.n.a.
Q1 202019$1.4bnn.a.n.a.
Q2 202021$2.0bnn.a.n.a.
Q3 202018$2.7bnn.a.n.a.
Q4 202020$2.5bnn.a.n.a.
Q1 202115$2.6bnn.a.n.a.
Q2 202110$2.1bnn.a.n.a.
Q3 202111$2.0bnn.a.n.a.
Q4 202114$2.6bnn.a.n.a.
Q1 202212$1.6bnn.a.n.a.
Q2 202212$1.4bnn.a.n.a.
Q3 202214$1.5bnn.a.n.a.
Q4 202214$1.9bnn.a.n.a.
Q1 202315$2.3bnn.a.n.a.
Q2 202319$3.0bnn.a.n.a.
Q3 202319$2.9bnn.a.n.a.
Q4 202321$3.0bn812
Q1 202423$3.5bn1211
Q2 202423$2.8bn1113
Q3 202420$3.7bn138
Q4 202414$2.8bn94
Q1 202515$2.2bn95
Q2 202516$2.4bn115
Q3 202513$2.6bn65
Q4 202513$2.3bn2315
Q1 202613$1.9bn1917
Q2 202612$2.2bn1817

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

NVR and KLAC →NVR and GE →NVR and LRCX →Choose a stock to compare with NVR →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own NVR, latest filings →Back to the 13F Explorer →