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Value GiantsValue investors’ 13F holdings, as a whole
Q2 2026 13FData as of Aug 18, 2026
Classic value

Edgar Wachenheim

Q2 2026 13F: 28 holdings worth about $8.7B; that quarter 4 new, 7 added, 9 trimmed, 3 sold out.

Firm: Greenhaven Associates Inc
Filer: GREENHAVEN ASSOCIATES INC CIK 846222
Last filed: Jul 28, 2026 | Classic value | Counted in this quarter’s totals

13F lists only long positions in US-listed stocks (and some ETFs and convertibles); short positions, cash, bonds, shares listed outside the US and private companies are not shown, so this is not the giant’s whole portfolio.

Why This Giant Is Included

  • Rule numbers (Q2 2026): 28 holdings, top 10 = 79%, stocks $8.7B, options 0%; all four rules met
  • Source for the value approach: Brochure About Greenhaven Associates, Inc. (Form ADV Part 2A) (Greenhaven Associates, Inc. (filed with the SEC Investment Adviser Public Disclosure system, CRD 104729), 2026-01-09, p. 3): “We primarily focus on purchasing and holding undervalued common stocks.” (checked 2026-10-11)

Full selection rules →

13F value
$8.7B
previous $6.1B (+42.6%)
Holdings
28
4 new / 3 sold out
Net deploymentest.
+28.9%
est. net buying ÷ last quarter’s portfolio
Top-10 concentration
79%
overlap with the composite 3%
Turnoverest.
2.5%
held 20 quarters on average
I

Trades in Q2 2026

Sorted by position shift: how many percentage points of the portfolio the trade moved.

How to Read This

Share changes are split-adjusted. Est. trade price = (start + end price) ÷ 2; 13F does not show the actual trade date or price.

MoveCompanyChange in sharesChange %Position shift (pts)Start → end priceEst. trade price
NewBDXBecton Dickinson and Co+5.68M—+9.93$157.23 → $151.33$154.28
NewACNAccenture plc+3.38M—+4.86$198.29 → $124.44$161.36
AddedICLRIcon PLC+1.10M+55%+2.20$110.66 → $173.71$142.19
NewIQVIQVIA Holdings Inc+768.0K—+1.71$170.54 → $193.22$181.88
AddedLENLennar Corp+684.1K+6%+0.71$86.84 → $90.49$88.66
NewEPAMEPAM Systems Inc+587.3K—+0.54$135.40 → $79.35$107.38
AddedDNOWDNOW Inc+3.52M+427%+0.53$11.91 → $12.97$12.44
TrimmedVBILVanguard 0-3M T-Bill ETF−534.4K−45%−0.47$75.65 → $75.68$75.66
TrimmedSLBSLB Ltd−862.2K−18%−0.46$51.39 → $46.49$48.94
TrimmedLEALear Corp−241.4K−14%−0.37$121.08 → $134.06$127.57
TrimmedARWArrow Electronics Inc−131.7K−7%−0.32$143.41 → $213.41$178.41
AddedGMGeneral Motors Co+347.4K+3%+0.31$74.50 → $77.08$75.79
AddedAVTRAvantor, Inc+2.04M+9%+0.23$7.84 → $9.90$8.87
Sold outTMHCTaylor Morrison Home Corp−270.6K—−0.22$58.24 → $71.74$64.99
TrimmedMTHMeritage Homes Corp−157.4K−11%−0.15$61.84 → $83.85$72.84
TrimmedAVTAvnet Inc−147.7K−4%−0.15$61.62 → $88.82$75.22
AddedDHID.R. Horton+38.9K+1%+0.07$137.22 → $162.88$150.05
TrimmedPHMPulteGroup Inc−41.2K−1%−0.07$117.61 → $137.21$127.41
AddedOSKOshkosh Corp+27.7K+1%+0.05$147.21 → $153.48$150.35
TrimmedNOVNOV Inc−131.3K−2%−0.03$18.81 → $18.55$18.68
Sold outTEXTerex Corp−10.9K—−0.01$59.10 → $72.39$65.74
TrimmedJPMJPMorgan Chase & Co−1.5K−38%−0.01$294.16 → $327.33$310.75
Sold outSTLAStellantis N.V−37.0K—−0.00$7.09 → $5.74$6.42
II

All Holdings (27 Companies)

Share classes of one company are combined; click a heading to re-sort.

How to Read This

Est. average cost: shares bought each quarter × (start + end price) ÷ 2, weighted; trims do not change the cost. Positions held before Q1 1999 (or the giant’s earliest electronic filing) start from that quarter’s price and are marked ‘start point’. vs cost = quarter-end price ÷ est. average cost − 1, excluding dividends.

CompanySectorWeight (prev.)SharesValueThis quarterFirst boughtQuarters heldEst. avg costQuarter-end pricevs costHistory
LENLennar CorpIndustrials12.2%15.7%11.32M$1.1BAdded +6%Q4 201543$69.63est.$90.49+30%History
GMGeneral Motors CoConsumer discretionary11.5%15.4%12.87M$992.3MAdded +3%Q1 201834$38.55est.$77.08+100%History
TOLToll Brothers, IncIndustrials10.7%12.7%5.63M$927.6MHeldQ1 201642$35.11est.$164.75+369%History
BDXBecton Dickinson and CoHealth care9.9%—5.68M$859.8MNewQ2 20261$154.28est.$151.33−2%History
PHMPulteGroup IncIndustrials8.6%10.6%5.46M$748.6MTrimmed −1%Q2 202217$41.08est.$137.21+234%History
DHID.R. HortonIndustrials6.6%7.8%3.51M$571.0MAdded +1%Q4 201447$67.10est.$162.88+143%History
ICLRIcon PLCHealth care6.2%3.6%3.10M$538.6MAdded +55%Q2 20255$145.01est.$173.71+20%History
ACNAccenture plcIndustrials4.9%—3.38M$421.2MNewQ2 20261$161.36est.$124.44−23%History
OSKOshkosh CorpConsumer discretionary4.5%6.1%2.56M$392.7MAdded +1%Q3 202216$80.69est.$153.48+90%History
ARWArrow Electronics IncIndustrials4.3%4.5%1.76M$376.5MTrimmed −7%Q1 202314$126.50est.$213.41+69%History
AVTAvnet IncIndustrials3.9%4.0%3.77M$335.1MTrimmed −4%Q3 202216$43.15est.$88.82+106%History
BAXBaxter International IncHealth care3.5%4.0%14.29M$304.6MHeldQ3 20254$22.64est.$21.32−6%History
AVTRAvantor, IncInformation technology2.8%2.9%24.64M$243.9MAdded +9%Q3 20254$12.26est.$9.90−19%History
LEALear CorpConsumer discretionary2.3%3.4%1.46M$195.2MTrimmed −14%Q2 202025$128.83est.$134.06+4%History
SLBSLB LtdEnergy2.0%3.9%3.80M$176.8MTrimmed −18%Q4 20253$36.38est.$46.49+28%History
IQVIQVIA Holdings IncHealth care1.7%—768.0K$148.4MNewQ2 20261$181.88est.$193.22+6%History
MTHMeritage Homes CorpIndustrials1.3%1.5%1.30M$108.8MTrimmed −11%Q2 202217$92.89est.$83.85−10%History
NOVNOV IncIndustrials1.2%1.8%5.62M$104.3MTrimmed −2%Q3 202312$15.84est.$18.55+17%History
DNOWDNOW IncIndustrials0.7%0.2%4.34M$56.3MAdded +427%Q1 20262$12.47est.$12.97+4%History
VBILVanguard 0-3M T-Bill ETFFunds & ETFs0.6%1.5%662.0K$50.1MTrimmed −45%Q3 20254$75.57est.$75.68+0%History
EPAMEPAM Systems IncInformation technology0.5%—587.3K$46.6MNewQ2 20261$107.38est.$79.35−26%History
CRHCRH PLCMaterials0.0%0.0%17.5K$1.9MHeldQ3 202312$55.01est.$107.00+95%
AAgilent Technologies IncInformation technology0.0%0.0%10.7K$1.4MHeldQ1 200970$30.56est.$132.83+335%History
SCHWCharles Schwab CorpFinancials0.0%0.0%12.5K$1.2MHeldQ2 202025$33.68est.$92.27+174%History
JPMJPMorgan Chase & CoFinancials0.0%0.0%2.5K$818KTrimmed −38%Q4 201447$126.71est.$327.33+158%History
UNPUnion Pacific CorpIndustrials0.0%0.0%2.0K$553KHeldQ4 201639$100.60est.$272.00+170%History
GGenpact LtdIndustrials0.0%0.0%10.0K$275KHeldQ4 202311$34.07est.$27.50−19%History
III

Portfolio Map: Size Is Weight, Colour Is Gain or Loss against Cost

How to Read This

Each block is a company (up to 60); area = portfolio weight. The darker the colour, the further the quarter-end price is above (or below) the estimated cost: light 5–25%, medium 25–100%, darkest over 100%; grey is within 5%.

above costbelow costwithin 5%
Portfolio MapLENLennar CorpGMGeneral Motors CoTOLToll Brothers, IncBDXBecton Dickinson and CoPHMPulteGroup IncDHID.R. HortonICLRIcon PLCACNAccenture plcOSKOshkosh CorpARWArrow Electronics In…AVTAvnet IncBAXBaxter Interna…AVTRAvantor, IncLEALear CorpSLBSLB LtdIQVIQVIA Holdi…MTHMeritage Ho…NOVNOV IncDNOWVBIL
IV

Over Time

From Q1 1999, 110 quarters (this giant’s electronic 13F filings).

13F Value

13F Value$0$5.0B$10.0BQ1 1999Q4 2001Q3 2004Q2 2007Q1 2010Q4 2012Q3 2015Q2 2018Q1 2021Q2 2026

Holdings

Holdings050100Q1 1999Q4 2001Q3 2004Q2 2007Q1 2010Q4 2012Q3 2015Q2 2018Q1 2021Q2 2026

Top-10 Concentration

Top-10 Concentration0%25%50%75%100%Q1 1999Q4 2001Q3 2004Q2 2007Q1 2010Q4 2012Q3 2015Q2 2018Q1 2021Q2 2026

Turnover (Est.)

Turnover0%10%20%Q1 1999Q4 2001Q3 2004Q2 2007Q1 2010Q4 2012Q3 2015Q2 2018Q1 2021Q2 2026

Sector Mix

Information technologyFinancialsCommunication & mediaConsumer discretionaryIndustrialsHealth careEnergyOther (incl. unclassified)
Sector Mix0%25%50%75%100%Q1 1999Q4 2001Q3 2004Q2 2007Q1 2010Q4 2012Q3 2015Q2 2018Q1 2021Q2 2026
V

Quarter by Quarter, with the Original Filings

* = not counted in that quarter’s totals. Links open the original SEC filing; 13F-HR/A is an amendment.

Show 110 Quarters
QuarterHoldingsNewSold out13F valueTurnoverNet deploymentSEC
Q2 20262843$8.7B2.5%+28.9%13F-HR
Q1 20262714$6.1B6.1%+1.8%13F-HR
Q4 20253041$6.2B6.0%−4.5%13F-HR
Q3 20252731$6.6B7.1%−17.7%13F-HR
Q2 20252512$6.7B0.4%−0.4%13F-HR
Q1 20252631$6.3B1.9%+3.2%13F-HR
Q4 20242400$6.8B0.5%−11.0%13F-HR
Q3 20242401$8.5B0.8%−3.0%13F-HR
Q2 20242502$7.6B0.7%−24.7%13F-HR
Q1 20242700$10.9B0.7%−0.4%13F-HR
Q4 20232713$9.4B2.7%+0.3%13F-HR
Q3 20232922$7.7B3.8%+7.2%13F-HR
Q2 20232914$7.5B1.3%+6.6%13F-HR
Q1 20233222$6.4B4.1%+8.7%13F-HR
Q4 20223210$5.6B0.7%+2.1%13F-HR
Q3 20223140$4.8B0.0%+9.3%13F-HR
Q2 20222750$4.6B0.0%+40.0%13F-HR
Q1 20222221$3.8B0.0%+19.6%13F-HR
Q4 20212131$4.0B0.9%+18.0%13F-HR
Q3 20211901$3.0B0.3%−7.3%13F-HR
Q2 20212004$3.4B0.0%−27.0%13F-HR
Q1 20212415$4.4B0.3%−38.4%13F-HR
Q4 20202811$5.3B3.9%−1.6%13F-HR
Q3 20202817$4.6B3.7%−19.1%13F-HR
Q2 202034103$4.5B12.3%+26.8%13F-HR
Q1 20202781$2.7B16.6%−0.8%13F-HR
Q4 20192002$4.5B0.0%−13.2%13F-HR
Q3 20192214$4.9B0.6%−16.8%13F-HR
Q2 20192532$5.7B1.0%−3.9%13F-HR
Q1 20192410$5.6B0.6%−7.5%13F-HR
Q4 20182301$5.2B0.4%−0.9%13F-HR
Q3 20182400$6.5B0.1%−0.6%13F-HR
Q2 20182410$6.7B4.8%+10.0%13F-HR
Q1 20182322$6.4B7.6%−0.6%13F-HR
Q4 20172322$6.6B3.3%−9.5%13F-HR
Q3 20172300$6.7B0.5%−7.2%13F-HR
Q2 20172313$6.6B3.2%+0.0%13F-HR
Q1 20172510$6.3B0.7%−0.4%13F-HR
Q4 20162420$5.9B4.9%−1.3%13F-HR
Q3 20162211$5.2B3.2%−1.0%13F-HR
Q2 20162224$5.1B5.5%−0.4%13F-HR 13F-HR/A
Q1 20162422$5.2B9.2%+0.7%13F-HR
Q4 20152442$5.3B10.3%−1.3%13F-HR
Q3 20152202$5.0B2.3%+0.3%13F-HR
Q2 20152412$5.5B6.8%−1.4%13F-HR
Q1 20152524$5.6B10.8%+0.8%13F-HR
Q4 20142754$5.6B16.2%−0.2%13F-HR
Q3 20142633$5.2B9.6%−0.5%13F-HR
Q2 20142631$5.3B7.8%+0.2%13F-HR
Q1 20142422$4.9B9.6%−0.2%13F-HR
Q4 20132454$4.8B7.9%+0.3%13F-HR
Q3 20132358$4.3B10.2%+0.4%13F-HR
Q2 20132632$3.7B2.8%+0.4%13F-HR
Q1 20132501$3.6B7.6%+0.4%13F-HR
Q4 20122620$3.3B3.3%−2.4%13F-HR
Q3 20122401$3.2B1.9%−0.3%13F-HR
Q2 20122511$3.1B2.9%+0.1%13F-HR
Q1 20122513$3.3B3.3%+0.2%13F-HR
Q4 20112730$3.0B14.1%−1.2%13F-HR
Q3 20112421$2.7B10.0%+1.2%13F-HR
Q2 20112321$3.3B12.1%+1.1%13F-HR
Q1 20112211$3.2B11.2%+0.9%13F-HR
Q4 20102223$3.0B9.8%+1.8%13F-HR
Q3 20102322$2.6B6.9%+0.0%13F-HR
Q2 20102321$2.3B2.3%+1.9%13F-HR
Q1 20102214$2.6B6.5%+3.8%13F-HR
Q4 20092525$2.3B6.4%+4.0%13F-HR
Q3 20092822$2.1B8.6%+10.9%13F-HR
Q2 20092862$1.5B6.7%+34.1%13F-HR
Q1 20092482$931.2M24.6%−11.3%13F-HR
Q4 20081834$1.3B15.4%−8.6%13F-HR
Q3 20081931$2.1B9.0%−5.2%13F-HR
Q2 20081701$2.6B1.5%−5.3%13F-HR
Q1 20081821$3.2B4.6%−1.3%13F-HR
Q4 20071720$3.5B9.9%+4.0%13F-HR
Q3 20071505$3.6B1.7%−5.2%13F-HR
Q2 20072033$3.9B5.6%+16.8%13F-HR
Q1 20072022$3.5B4.0%−12.8%13F-HR
Q4 20062024$3.5B17.2%+0.8%13F-HR
Q3 20062203$3.1B1.8%+2.5%13F-HR
Q2 20062512$3.0B10.7%+0.2%13F-HR
Q1 20062633$3.3B5.6%+10.9%13F-HR
Q4 20052634$2.8B13.0%−3.1%13F-HR
Q3 20052732$2.7B11.0%+3.0%13F-HR
Q2 20052642$2.5B10.9%+0.2%13F-HR
Q1 20052405$2.3B10.9%+2.6%13F-HR
Q4 20042964$2.2B12.1%−12.4%13F-HR
Q3 20042741$2.2B10.9%+2.4%13F-HR
Q2 20042434$1.9B11.5%+1.4%13F-HR
Q1 20042519$2.0B5.1%−8.8%13F-HR
Q4 20033344$2.0B10.9%−9.2%13F-HR
Q3 20033349$1.7B10.4%−5.5%13F-HR
Q2 2003 *3855$1.7B3.0%+4.8%13F-HR
Q1 2003 *3831$1.3B5.7%−0.1%13F-HR
Q4 2002 *3620$1.4B7.2%+5.3%13F-HR
Q3 2002 *3413$1.2B3.9%−0.4%13F-HR
Q2 2002 *3628$1.6B18.6%+6.0%13F-HR
Q1 2002 *4247$1.5B5.8%−1.5%13F-HR 13F-HR/A
Q4 2001 *4538$1.4B8.2%−7.8%13F-HR
Q3 200150511$1.2B13.5%+1.8%13F-HR
Q2 200156438$1.4B12.1%−0.6%13F-HR
Q1 20019089$1.3B12.7%−7.1%13F-HR
Q4 2000911310$1.3B8.3%+0.4%13F-HR
Q3 200088413$1.2B4.6%+2.8%13F-HR
Q2 200097621$1.0B15.1%+3.4%13F-HR
Q1 20001121911$1.0B15.9%−0.9%13F-HR
Q4 19991042113$1.1B7.1%+16.9%13F-HR
Q3 199996514$904.3M23.0%+2.0%13F-HR
Q2 19991051611$959.4M23.8%+1.5%13F-HR
Q1 199910000$842.3M——13F-HR
VI

Large Positions Sold Out

Positions that once made up 2% or more of the portfolio and were later sold out (latest 40): holding period and what became of the company, without profit or loss.

How to Read This

Sold out means the holding no longer appears on the 13F: it may have been sold, or the company was acquired or delisted. Company status is checked only for companies the giants together once held $100M or more of, from the company’s own SEC filings (for example 8-K item 1.03 = bankruptcy filing); a dash means not checked.

CompanyHeldPeak weightCompany since
CCitigroup IncQ4 2021 – Q1 202620%—
MRPMillrose Properties, IncQ1 2025 – Q1 20263%—
GSGoldman Sachs Group IncQ2 2014 – Q4 202529%—
MSMorgan StanleyQ1 2020 – Q3 202512%Still filing with the SEC
BRK.BBerkshire Hathaway IncQ2 2020 – Q2 20252%—
IPInternational Paper CoQ4 2021 – Q1 20256%Still filing with the SEC
MMM3M CoQ4 2006 – Q3 202416%—
WRKWestrock CoQ1 2022 – Q2 20249%Acquired or delisted Jul 18, 2024
WHRWhirlpool CorpQ2 2011 – Q4 202319%—
SWKStanley Black & Decker IncQ1 2022 – Q2 20233%Still filing with the SEC
CFCF Industries Holdings, IncQ2 2020 – Q4 20213%Still filing with the SEC
DEDeere & CoQ1 2020 – Q2 202110%—
PHMPulteGroup IncQ4 2015 – Q2 20214%—
CCitigroup IncQ3 2014 – Q1 202121%—
FFord Motor CoQ4 2017 – Q1 20217%Still filing with the SEC
ADNTAdient plcQ2 2017 – Q1 20212%Still filing with the SEC
FDXFedEx CorpQ2 2020 – Q3 20202%—
FDXFedEx CorpQ4 2007 – Q1 202015%—
EADSYAirbus SE - Unsp ADRQ1 2015 – Q3 201913%No SEC record found
—Linde Plc/oldQ1 2010 – Q4 20184%Still filing with the SEC
CAACalatlantic Group IncQ4 2015 – Q1 20183%Acquired or delisted Feb 26, 2018
LOWLowe’s Cos IncQ2 2011 – Q4 201714%—
BABoeing CoQ1 2016 – Q4 20178%—
OCOwens CorningQ4 2013 – Q2 20173%—
ARGAirgas IncQ4 2014 – Q2 20163%Acquired or delisted Jun 2, 2016
UPSUnited Parcel ServiceQ4 2010 – Q1 201610%—
BKRBaker Hughes CoQ4 2008 – Q4 201513%Still filing with the SEC
BABoeing CoQ4 2013 – Q4 20154%—
SLBSLB LtdQ1 2014 – Q2 20158%—
DVNDevon Energy CorpQ1 2009 – Q1 201511%—
APDAir Products & Chemicals, IncQ4 2008 – Q1 201510%—
—Superior Energy Services IncQ3 2013 – Q1 20153%Bankruptcy filing more than 2 years after the sale Dec 7, 2020
TELTE Connectivity plcQ1 2011 – Q4 20146%—
LUVSouthwest Airlines CoQ2 2012 – Q4 20145%Still filing with the SEC
—Boeing Company (ba)Q3 2013 – Q4 20135%No SEC record found
UNPUnion Pacific CorpQ2 2004 – Q3 201315%—
BABoeing CoQ4 2012 – Q3 20136%—
EQTEQT CorpQ1 2009 – Q2 20136%—
HDHome Depot IncQ3 2011 – Q2 20134%—
COLCollins AerospaceQ3 2008 – Q3 20125%Acquired or delisted Dec 7, 2018