# Edgar Wachenheim — Greenhaven Associates

Portfolio USD 8,660,706,000 · 28 positions · 2026 Q2 · history from 2019 Q1.
Source: quarterly 13F filings via dataroma.com. Page: https://gigainvestors.com/GA

## Positions (2026 Q2)

| Ticker | Company | % of portfolio | Value | This quarter | Holders |
|---|---|---:|---:|---|---:|
| LEN | Lennar Corp. | 12% | USD 1,024,010,000 | +6.43% |  |
| GM | General Motors | 12% | USD 992,290,000 | +2.77% |  |
| TOL | Toll Brothers | 11% | USD 927,560,000 | -0.27% |  |
| BDX | Becton Dickinson | 9.9% | USD 859,813,000 | new |  |
| PHM | PulteGroup Inc. | 8.6% | USD 748,611,000 | -0.75% |  |
| DHI | D.R. Horton | 6.6% | USD 571,025,000 | +1.12% |  |
| ICLR | ICON plc | 6.2% | USD 538,608,000 | +54.84% |  |
| ACN | Accenture | 4.9% | USD 421,190,000 | new |  |
| OSK | Oshkosh Corp. | 4.5% | USD 392,706,000 | +1.09% |  |
| ARW | Arrow Electronics | 4.4% | USD 376,488,000 | -6.95% |  |
| AVT | Avnet Inc. | 3.9% | USD 335,106,000 | -3.77% |  |
| BAX | Baxter International Inc. | 3.5% | USD 304,561,000 | -0.16% |  |
| AVTR | Avantor Inc. | 2.8% | USD 243,909,000 | +9.04% |  |
| LEA | Lear Corp. | 2.3% | USD 195,182,000 | -14.22% |  |
| SLB | Schlumberger Ltd. | 2.0% | USD 176,771,000 | -18.48% |  |
| IQV | IQVIA Holdings Inc. | 1.7% | USD 148,402,000 | new |  |
| MTH | Meritage Homes Corp. | 1.3% | USD 108,795,000 | -10.82% |  |
| NOV | Nov Inc. | 1.2% | USD 104,251,000 | -2.28% |  |
| DNOW | NOW Inc. | 0.7% | USD 56,337,000 | +426.83% |  |
| VBIL | Vanguard 0 3m T Bill ETF | 0.6% | USD 50,100,000 | -44.67% |  |
| EPAM | EPAM Systems Inc. | 0.5% | USD 46,602,000 | new |  |
| LEN.B | Lennar Corp. CL B | 0.4% | USD 32,296,000 | hold |  |
| CRH | CRH plc | <0.1% | USD 1,873,000 | hold |  |
| A | Agilent Technologies | <0.1% | USD 1,421,000 | hold |  |
| SCHW | Charles Schwab Corp. | <0.1% | USD 1,153,000 | hold |  |
| JPM | JPMorgan Chase & Co. | <0.1% | USD 818,000 | -37.5% |  |
| UNP | Union Pacific | <0.1% | USD 553,000 | hold |  |
| G | Genpact Ltd. | 0.0% | USD 275,000 | hold |  |

## Moves this quarter (25)

- LEN Lennar Corp.: +6.43% (USD 1,024,010,000)
- GM General Motors: +2.77% (USD 992,290,000)
- TOL Toll Brothers: -0.27% (USD 927,560,000)
- BDX Becton Dickinson: new (USD 859,813,000)
- PHM PulteGroup Inc.: -0.75% (USD 748,611,000)
- DHI D.R. Horton: +1.12% (USD 571,025,000)
- ICLR ICON plc: +54.84% (USD 538,608,000)
- ACN Accenture: new (USD 421,190,000)
- OSK Oshkosh Corp.: +1.09% (USD 392,706,000)
- ARW Arrow Electronics: -6.95% (USD 376,488,000)
- AVT Avnet Inc.: -3.77% (USD 335,106,000)
- BAX Baxter International Inc.: -0.16% (USD 304,561,000)
- AVTR Avantor Inc.: +9.04% (USD 243,909,000)
- LEA Lear Corp.: -14.22% (USD 195,182,000)
- SLB Schlumberger Ltd.: -18.48% (USD 176,771,000)
- IQV IQVIA Holdings Inc.: new (USD 148,402,000)
- MTH Meritage Homes Corp.: -10.82% (USD 108,795,000)
- NOV Nov Inc.: -2.28% (USD 104,251,000)
- DNOW NOW Inc.: +426.83% (USD 56,337,000)
- VBIL Vanguard 0 3m T Bill ETF: -44.67% (USD 50,100,000)
- EPAM EPAM Systems Inc.: new (USD 46,602,000)
- TMHC-OLD Taylor Morrison Home Corp.: sold (USD 15,760,210)
- JPM JPMorgan Chase & Co.: -37.5% (USD 818,000)
- TEX Terex Corp.: sold (USD 645,053)
- STLA Stellantis N.V.: sold (USD 261,960)

## Portfolio value by quarter

- 2019 Q1: USD 5,628,070,352 (24 positions)
- 2019 Q2: USD 5,728,723,227 (25 positions)
- 2019 Q3: USD 4,944,617,849 (22 positions)
- 2019 Q4: USD 4,482,961,014 (20 positions)
- 2020 Q1: USD 2,687,142,811 (27 positions)
- 2020 Q2: USD 4,517,008,807 (34 positions)
- 2020 Q3: USD 4,551,806,551 (28 positions)
- 2020 Q4: USD 5,309,422,557 (28 positions)
- 2021 Q1: USD 4,424,228,686 (24 positions)
- 2021 Q2: USD 3,422,307,072 (20 positions)
- 2021 Q3: USD 2,999,857,903 (19 positions)
- 2021 Q4: USD 3,954,779,737 (21 positions)
- 2022 Q1: USD 3,770,662,096 (22 positions)
- 2022 Q2: USD 4,632,409,156 (27 positions)
- 2022 Q3: USD 4,752,735,074 (31 positions)
- 2022 Q4: USD 5,631,114,022 (32 positions)
- 2023 Q1: USD 6,444,781,865 (32 positions)
- 2023 Q2: USD 7,530,840,500 (29 positions)
- 2023 Q3: USD 7,714,634,442 (29 positions)
- 2023 Q4: USD 9,379,353,856 (27 positions)
- 2024 Q1: USD 10,860,505,135 (27 positions)
- 2024 Q2: USD 7,611,865,525 (25 positions)
- 2024 Q3: USD 8,527,767,734 (24 positions)
- 2024 Q4: USD 6,759,332,228 (24 positions)
- 2025 Q1: USD 6,293,328,506 (26 positions)
- 2025 Q2: USD 6,720,231,674 (25 positions)
- 2025 Q3: USD 6,575,478,931 (27 positions)
- 2025 Q4: USD 6,169,434,144 (30 positions)
- 2026 Q1: USD 6,070,973,020 (27 positions)
- 2026 Q2: USD 8,660,706,000 (28 positions)