Lennar Corporation
MX ˙ BMV ˙ US5260571048
SecurityMX:LEN / Lennar Corporation
InstitutionSippican Capital Advisors
Latest Disclosed Ownership16,660 shares
Latest Disclosed Value $ 1,446,754
Sippican Capital Advisors reports 2.13% decrease in ownership of LEN / Lennar Corporation

On April 23, 2026 - Sippican Capital Advisors filed a 13F-HR form disclosing ownership of 16,660 shares of Lennar Corporation (MX:LEN) valued at $1,446,754 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 23, 2026 disclosing 17,022 shares of Lennar Corporation. This represents a change in shares of -2.13% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-04-23 2026-03-31 13F Lennar Corp Cl A COM 526057104 16,660 -362 -2.13 1,447 -17.32 0.9901
2026-01-23 2025-12-31 13F Lennar Corp Cl A COM 526057104 17,022 -99 -0.58 1,750 -18.92 1.1244
2025-10-27 2025-09-30 13F Lennar Corp Cl A COM 526057104 17,121 3 0.02 2,158 13.95 1.4266
2025-07-25 2025-06-30 13F Lennar Corp Cl A COM 526057104 17,118 2 0.01 1,893 -3.62 1.3754
2025-04-28 2025-03-31 13F Lennar Corp Cl A COM 526057104 17,116 -10 -0.06 1,965 -15.89 1.4808
2025-01-23 2024-12-31 13F Lennar Corp Cl A COM 526057104 17,126 -255 -1.47 2,335 -28.33 1.7016
2024-10-28 2024-09-30 13F Lennar Corp Cl A COM 526057104 17,381 -15 -0.09 3,259 24.97 2.2733
2024-08-06 2024-06-30 13F Lennar Corp Cl A COM 526057104 17,396 -52 -0.30 2,607 -13.10 2.0634
2024-05-02 2024-03-31 13F Lennar Corp Cl A COM 526057104 17,448 -940 -5.11 3,001 9.49 2.3338
2024-01-30 2023-12-31 13F Lennar Corp Cl A COM 526057104 18,388 0 0.00 2,741 32.82 2.1498
2023-10-24 2023-09-30 13F Lennar Corp Cl A COM 526057104 18,388 0 0.00 2,064 -10.46 1.8634
2023-08-15 2023-06-30 13F Lennar Corp Cl A COM 526057104 18,388 -327 -1.75 2,304 17.13 2.1248
2023-07-14 2023-03-31 13F Lennar Corp Cl A cs 526057104 18,715 -560 -2.91 1,967 12.79 1.8806
2023-01-26 2022-12-31 13F Lennar Corp Cl A cs 526057104 19,275 -202 -1.04 1,744 20.11 1.6683
2022-10-17 2022-09-30 13F Lennar Corp Cl A cs 526057104 19,477 0 0.00 1,452 5.68 1.5146
2022-07-19 2022-06-30 13F Lennar Corp Cl A cs 526057104 19,477 0 0.00 1,374 -13.09 1.3635
2022-04-20 2022-03-31 13F Lennar Corp Cl A cs 526057104 19,477 -25 -0.13 1,581 -30.20 1.3124
2022-01-19 2021-12-31 13F Lennar Corp Cl A cs 526057104 19,502 -151 -0.77 2,265 23.03 1.9244
2021-10-20 2021-09-30 13F Lennar Corp Cl A cs 526057104 19,653 -325 -1.63 1,841 -7.25 1.5950
2021-07-22 2021-06-30 13F Lennar Corp Cl A cs 526057104 19,978 -250 -1.24 1,985 -3.08 1.7268
2021-04-15 2021-03-31 13F Lennar Corp Cl A CS 526057104 20,228 -238 -1.16 2,048 31.28 1.8920
2021-01-21 2020-12-31 13F Lennar Corp Cl A cs 526057104 20,466 -755 -3.56 1,560 -9.98 1.6923
2020-10-23 2020-09-30 13F Lennar Corp Cl A cs 526057104 21,221 -5,880 -21.70 1,733 3.77 2.1546
2020-07-15 2020-06-30 13F LENNAR CORP CL A Stock 526057104 27,101 -2,335 -7.93 1,670 48.58 2.2509
2020-04-16 2020-03-31 13F LENNAR CORP CL A Stock 526057104 29,436 -377 -1.26 1,124 -32.41 1.8307
2020-01-21 2019-12-31 13F LENNAR CORP CL A Stock 526057104 29,813 -2,377 -7.38 1,663 -7.51 1.8501
2019-10-17 2019-09-30 13F LENNAR CORP CL A Stock 526057104 32,190 -125 -0.39 1,798 14.81 2.1743
2019-07-17 2019-06-30 13F LENNAR CORP CL A Stock 526057104 32,315 -900 -2.71 1,566 -3.99 1.8456
2019-04-17 2019-03-31 13F LENNAR CORP CL A Stock 526057104 33,215 -325 -0.97 1,631 24.22 1.9385
2019-01-16 2018-12-31 13F LENNAR CORP CL A Stock 526057104 33,540 0 0.00 1,313 -6.55 1.7739
2018-11-13 2018-09-30 13F LENNAR CORP CL A Stock 526057104 33,540 0 0.00 1,405 -20.22 1.6253
2018-07-17 2018-06-30 13F Lennar Corp Cl A cs 526057104 33,540 -250 -0.74 1,761 -11.60 1.7603
2018-04-24 2018-03-31 13F Lennar Corp Cl A cs 526057104 33,790 -1,050 -3.01 1,992 -9.58 2.0664
2018-01-17 2017-12-31 13F Lennar Corp Cl A cs 526057104 34,840 0 0.00 2,203 19.73 2.1493
2017-10-30 2017-09-30 13F Lennar Corp Cl A cs 526057104 34,840 -150 -0.43 1,840 -1.39 1.8847
2017-07-18 2017-06-30 13F Lennar Corp Cl A cs 526057104 34,990 0 0.00 1,866 4.19 2.0259
2017-04-24 2017-03-31 13F Lennar Corp Cl A cs 526057104 34,990 -700 -1.96 1,791 16.91 1.9015
2017-02-09 2016-12-31 13F Lennar Corp Cl A cs 526057104 35,690 -3,700 -9.39 1,532 -8.15 1.6046
2016-10-19 2016-09-30 13F Lennar Corp Cl A cs 526057104 39,390 0 0.00 1,668 -8.15 1.9034
2016-07-26 2016-06-30 13F Lennar Corp Cl A cs 526057104 39,390 -375 -0.94 1,816 -5.56 2.1611
2016-05-09 2016-03-31 13F Lennar Corp Cl A cs 526057104 39,765 -500 -1.24 1,923 -2.34 2.4481
2016-02-09 2015-12-31 13F Lennar Corp Cl A cs 526057104 40,265 -115 -0.28 1,969 1.34 2.4858
2015-11-04 2015-09-30 13F Lennar Corp Cl A cs 526057104 40,380 -2,975 -6.86 1,943 -12.20 2.4670
2015-08-11 2015-06-30 13F Lennar Corp Cl A cs 526057104 43,355 -75 -0.17 2,213 -1.64 2.2312
2015-05-14 2015-03-31 13F Lennar Corp Cl A cs 526057104 43,430 0 0.00 2,250 15.62 2.2914
2015-02-17 2014-12-31 13F Lennar Corp Cl A cs 526057104 43,430 -15 -0.03 1,946 15.35 1.9429
2014-11-14 2014-09-30 13F Lennar Corp Cl A COM 526057104 43,445 43,445 1,687 1.7149
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.