Edgar Wachenheim III Portfolio Update: December 2025 Holdings

Edgar Wachenheim III, managing a $6.11 billion portfolio at Greenhaven Associates as of December 2025, saw notable shifts in his top holdings during the period.

General Motors (GM) experienced a significant decrease, with shares falling by 34.19% to 15,178,957 shares, valued at $1.23 billion, reflecting a major reduction in allocation.

Lennar Corporation (LEN) saw modest growth, with a 4.57% increase in shares (440,753 more shares) and a slight rise in its portfolio allocation to 16.82%.

Toll Brothers (TOL) maintained its position with a small increase in shares (0.4%) and a stable portfolio allocation of 12.28%.

PulteGroup (PHM) and D.R. Horton (DHI) both saw slight decreases in their portfolio allocations (10.52% and 8.13% respectively), though PHM's share count decreased minimally while DHI's shares dropped by 4.22%.

Oshkosh Corp (OSK) experienced a minor decrease in its portfolio allocation (5.13%), despite a small reduction in shares.

Avantor Inc (AVTR) showed strong growth with an 11.95% increase in shares (2.19 million more shares) and a slight rise in its portfolio allocation to 3.81%.

Arrow Electronics (ARW) maintained its position with virtually no change in shares (0.08%) and a stable allocation of 3.39%.

Baxter International (BAX) experienced a substantial increase, with shares growing by 70.05% (4.4 million more shares) and its portfolio allocation rising to 3.31%.

Lear Corporation (LEA) saw a slight decrease in its portfolio allocation (3.3%), with a minimal reduction in shares (-1.1%).

For detailed analysis of these holdings, visit the investor profile and individual stock pages.