Third Avenue Management LEN-B trades
Marty Whitman
Third Avenue Management Lennar Corp stake
total: 405
Trades details
- Total transactions:
- 37
- New positions:
- 1
- Added:
- 15
- Reduced:
- 21
- Held since:
- 2016 Q4
- Held for:
- 39 quarters
- Latest activity:
- 2026 Q2
According to 2026 Q2 report, Third Avenue Management holds 149,658 Lennar Corp (LEN-B) shares with a market value of roughly $13.28M accounting for 2.12% of the overall portfolio. To date, the estimated cost basis is nearly $43.84 for "buy" trades and estimated average "sell" price is $62.17. Third Avenue Management first purchased LEN-B in 2016 Q4, initially acquiring 11,583 shares. Since the initial investment in Lennar Corp (LEN-B), Third Avenue Management has made 36 more transactions.
When did Third Avenue Management buy Lennar Corp (LEN-B)?
Third Avenue Management first invested in Lennar Corp (LEN-B) in 2016 Q4 at the reported quarter-end price of $33.84 per share.
What's the cost basis of Third Avenue Management's LEN-B stake?
The estimated cost basis for Lennar Corp (LEN-B) stake is around $43.84 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $43.84
- Weighted AVG sell price:
- $62.17
Third Avenue Management's historical trades in Lennar Corp
37 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q2
|
2.12%
|
149,658
|
$88.71
|
$13,276,161
|
+4.77% (+6,815)
|
+0.1%
|
|
2026 Q1
|
1.95%
|
142,843
|
$84.12
|
$12,015,953
|
-3.49% (-5,165)
|
-0.08%
|
|
2025 Q4
|
2.56%
|
148,008
|
$95.12
|
$14,078,521
|
+0.11% (+165)
|
+0%
|
|
2025 Q3
|
3.39%
|
147,843
|
$121.97
|
$18,032,411
|
-0.13% (-190)
|
-0%
|
|
2025 Q2
|
3.21%
|
148,033
|
$105.25
|
$15,580,473
|
+0.18% (+263)
|
+0.01%
|
|
2025 Q1
|
3.23%
|
147,770
|
$109.07
|
$16,117,274
|
-8.66% (-14,011)
|
-0.3%
|
|
2024 Q2
|
3.87%
|
161,781
|
$139.43
|
$22,557,125
|
-3.30% (-5,513)
|
-0.12%
|
|
2024 Q1
|
4.12%
|
167,294
|
$154.18
|
$25,793,389
|
-3.69% (-6,416)
|
-0.16%
|
|
2023 Q4
|
3.82%
|
173,710
|
$134.05
|
$23,285,826
|
-15.62% (-32,162)
|
-0.72%
|
|
2023 Q3
|
3.60%
|
205,872
|
$104.25
|
$21,462,156
|
-3.51% (-7,496)
|
-0.13%
|
|
2023 Q2
|
3.98%
|
$112.98
|
-21.98% (-60,100)
|
|||
|
2023 Q1
|
4.17%
|
$89.31
|
-16.63% (-54,540)
|
|||
|
2022 Q4
|
4.27%
|
$74.78
|
-16.64% (-65,463)
|
|||
|
2022 Q3
|
4.61%
|
$59.51
|
-1.98% (-7,941)
|
|||
|
2022 Q2
|
4.19%
|
$58.71
|
-15.40% (-73,079)
|
|||
|
2022 Q1
|
4.42%
|
$68.35
|
-0.76% (-3,639)
|
|||
|
2021 Q4
|
6.01%
|
$95.62
|
-1.35% (-6,554)
|
|||
|
2021 Q3
|
5.06%
|
$77.59
|
+0.40% (+1,943)
|
|||
|
2021 Q2
|
5.20%
|
$81.45
|
+0.20% (+941)
|
|||
|
2021 Q1
|
5.25%
|
$82.34
|
+0.17% (+826)
|
|||
|
2020 Q4
|
4.13%
|
$61.20
|
-31.11% (-217,209)
|
|||
|
2020 Q3
|
6.37%
|
$65.66
|
-14.72% (-120,513)
|
|||
|
2020 Q2
|
5.29%
|
$46.09
|
-17.57% (-174,487)
|
|||
|
2020 Q1
|
4.25%
|
$28.92
|
-12.14% (-137,205)
|
|||
|
2019 Q4
|
5.00%
|
$44.70
|
-11.35% (-144,747)
|
|||
|
2019 Q3
|
5.11%
|
$44.37
|
+0.70% (+8,813)
|
|||
|
2019 Q2
|
4.09%
|
$38.51
|
+1.45% (+18,121)
|
|||
|
2019 Q1
|
3.95%
|
$40.90
|
+0.46% (+5,665)
|
|||
|
2018 Q4
|
3.15%
|
$31.33
|
+5.68% (+66,736)
|
|||
|
2018 Q3
|
2.56%
|
$38.50
|
+7.09% (+77,797)
|
|||
|
2018 Q2
|
2.32%
|
$42.69
|
+149.61% (+658,113)
|
|||
|
2018 Q1
|
1.07%
|
$47.69
|
+212.50% (+299,127)
|
|||
|
2017 Q4
|
0.35%
|
$51.68
|
+193.59% (+92,816.88)
|
|||
|
2017 Q3
|
0.10%
|
$44.22
|
-2.43% (-1,196.46)
|
|||
|
2017 Q2
|
0.10%
|
$44.10
|
-4.51% (-2,322.54)
|
|||
|
2017 Q1
|
0.10%
|
$40.98
|
+344.31% (+39,882)
|
|||
|
2016 Q4
|
0.02%
|
$33.84
|
new
|
|||
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.