How much has Berkshire Hathaway bought of Lennar?
Published · Updated
Answer · as of
Berkshire Hathaway filed 4 Form 4s between Sep 21 and Oct 5, 2026 for $586M of open-market purchases at about $80 a share, holding 29.0M shares afterwards.
LEN closed $73.53 on Oct 14 and $84.92 on Oct 23, after rising 8.7% on Oct 22. It is 36.5% below its 52-week high of $133.76.
Four filings trace the Class A purchases
Berkshire Hathaway bought 7,387,444 Lennar Class A shares for $586,445,915.32 from Sep 17 through Oct 2, 2026, at a weighted average of $79.38. Its four Form 4s trace the holding from 21,050,601 shares before the purchases to 28,438,045 afterward. Each filing’s ending Class A balance matches the starting balance for the next group of trades.
The first filing reports the largest addition, 2,668,508 shares. Berkshire then added 1,659,025 shares, followed by the smallest group, 656,302 shares. The final filing adds 2,403,609 shares. The average price rose from $77.46 in the first filing to $81.22 and $81.60 in the next two, then fell to $79.65 in the last. The purchases continued across both higher and lower prices during this sequence.
The price footnotes describe groups of trades within stated ranges. Each row’s dollar total sums shares multiplied by the reported price on every Class A purchase line. Dividing those dollars by the shares gives the filing’s average. Weighting by shares matters because the purchase lines differ in size. Holdings on the transaction lines are cumulative; the last Class A line gives the balance after that filing’s purchases.
| Filed | Trade dates | Class A shares | Class A spent | Average | Held after |
|---|---|---|---|---|---|
| Sep 21, 2026 | Sep 17–21 | 2,668,508 | $206.7M | $77.46 | 23,719,109 |
| Sep 25, 2026 | Sep 23–25 | 1,659,025 | $134.7M | $81.22 | 25,378,134 |
| Sep 30, 2026 | Sep 28–30 | 656,302 | $53.6M | $81.60 | 26,034,436 |
| Oct 5, 2026 | Oct 1–2 | 2,403,609 | $191.5M | $79.65 | 28,438,045 |
Class B adds $8.8 million to the spending
Berkshire also bought 114,832 Class B shares for $8,849,046.29. Adding those purchases to the $586,445,915.32 spent on Class A gives $595,294,961.61 across both classes. The $586.4M purchase total and $79.38 average in the ranking refer to Class A, the stock quoted as LEN.
The Class B holding grew from 453,196 shares before the first transactions to 568,028 after the last. Together with the Class A balances, these figures account for each addition to the two holdings. At the end, Berkshire held 28,438,045 Class A shares and 568,028 Class B shares, or 29,006,073 shares combined.
The ownership footnotes place the shares in Berkshire insurance subsidiaries. Berkshire reports them because it sits in the ownership chain. Warren E. Buffett reports jointly as Berkshire’s controlling shareholder. The same shares appear under these overlapping ownership relationships, so the joint filing records one set of purchases.
LEN finished 7.0% above the Class A average
LEN closed at $84.92 on Oct 23, 2026, about 7.0% above Berkshire’s $79.38 Class A purchase average. It had closed at $73.53 on Oct 14, below that average. The rebound between those closes was 15.5%. On Oct 22 alone, the close rose 8.7%, from $77.70 to $84.45.
Around the filings, LEN closed at $78.08 on Sep 21, $82.15 on Sep 25 and $81.59 on Sep 30. The final filing followed purchases on Oct 1 and Oct 2; the stock closed at $74.44 on Oct 5. That puts the last filing’s $79.65 purchase average above the close on its disclosure date.
All four filings were accepted after the regular session, so each filing date’s close preceded its disclosure. The Oct 5 decline also came after the trades reported in that filing. By Oct 23, the stock had recovered above all four filings’ average purchase prices, while remaining 36.5% below its trailing 252-session high of $133.76.
What the four filings leave open
All four Form 4s leave the Rule 10b5-1 transaction-plan flag unselected. They state no reason for buying, intended final position or holding period. The 7.0% price comparison covers these recent Class A purchases, not Berkshire’s entire holding, and supplies no forecast.
Ask it yourself
Using Monk.trade, how much Lennar (LEN) stock has Berkshire Hathaway bought since September, according to its SEC Form 4 filings? How has the stock moved since?
Opens with the question filled in; nothing is sent until you press send. Not connected? Help
The MonkQL Monk.trade ran
from "LEN" on daily show close, insiders(code = "p", window = 30).net as bought, insiders(code = "p", window = 30).count as form_4s, highest(high, 252) as high_52w
Run 01a16ca0-f4d3-7792-9500-ba10f16ee61f
| Filed | Form | Purchases | SEC filing |
|---|---|---|---|
| 4 | $191.5M | 0001193125-26-414744 | |
| 4 | $53.6M | 0001193125-26-409451 | |
| 4 | $134.7M | 0001193125-26-403089 | |
| 4 | $206.7M | 0001193125-26-397059 | |
| Total | 4 filings | $586.4M |
Method
Monk.trade read every Form 4 filed for Lennar in the 30 sessions to the Oct 23, 2026 close and kept open-market purchases (transaction code P) of common stock. Each filing’s purchases are summed at the prices it reports.
Closes are regular-session daily closes. The 52-week high is the highest daily high in the last 252 sessions.
Limits
- Berkshire Hathaway files jointly with Warren E. Buffett; each filing counts once.
- A Form 4 reports trades up to two business days after they happen, and says nothing about why they were made.
- Figures are as of the Oct 23, 2026 close.
Sources
Research only. Not investment advice. Read the risk notice
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