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Focused investors/Greenhaven Associates

Greenhaven Associates

As of Q2 2026, Greenhaven Associates reported 28 long-equity positions worth $8.66B in aggregate.

Copy-investor backtest

Latest quarter
+16.39%
1-year
+22.78%
3-year
+55.78%
5-year
+56.69%
3-year vs S&P 500
-9.02%
5-year vs S&P 500
-12.61%
5-year top 5
+45.94%

Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.

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Sells

These are the positions the manager reduced or sold out of this quarter, showing where they pulled money back. The quarter shown is Q2 2026.

TickerSecurityActivity% portfolioSharesValueReported priceQ range
STLAStellantis NV (STLA)Sold0$0-
TMHCTaylor Morrison Home Corp (TMHC)Sold0$0-
TEXTerex Corp (TEX)Sold0$0-
VBILVanguard 0-3M T-Bill ETF (VBIL)Reduce -44.7%0.58%662,000$50.1M$75.68$75.45 - $75.69(96%)$75.45 -> $75.68
SLBSLB Ltd (SLB)Reduce -18.5%2.04%3,802,344$176.77M$46.49$45.87 - $58.81(5%)$50.03 -> $46.49
LEALear Corporation (LEA)Reduce -14.2%2.25%1,455,933$195.18M$134.06$116.03 - $150.33(53%)$122.06 -> $134.06
ARWArrow Electronics Inc (ARW)Reduce -7.0%4.35%1,764,153$376.49M$213.41$142.37 - $237.33(75%)$146.63 -> $213.39
MTHMeritage Homes Corp (MTH)Reduce -10.8%1.26%1,297,494$108.79M$83.85$59.12 - $85.38(94%)$62.11 -> $83.85
AVTAvnet Inc (AVT)Reduce -3.8%3.87%3,772,861$335.11M$88.82$61.10 - $95.26(81%)$62.91 -> $88.80
PHMPulteGroup Inc. (PHM)Reduce -0.8%8.64%5,455,949$748.61M$137.21$108.49 - $140.09(91%)$117.15 -> $137.21
TOLToll Brothers, Inc. (TOL)Reduce -0.3%10.71%5,630,109$927.56M$164.75$123.15 - $166.23(97%)$136.85 -> $164.75
NOVNov Inc (NOV)Reduce -2.3%1.20%5,620,019$104.25M$18.55$17.99 - $21.55(16%)$18.67 -> $18.55
JPMJ P Morgan Chase (JPM)Reduce -37.5%0.01%2,500$818.33K$327.33$288.72 - $343.45(71%)$295.38 -> $327.33
BAXBaxter International Inc (BAX)Reduce -0.2%3.52%14,285,228$304.56M$21.32$16.17 - $22.18(86%)$16.78 -> $21.34