Value-focused investor First Eagle Investment Management disclosed a significant new stake in NVR Inc., one of the nation's largest homebuilders. According to a quarterly report filed with the SEC, the firm acquired over 65,000 shares, valued at approximately $400.09 million as of September 30, 2026. This new holding represents about 0.63% of First Eagle's portfolio.
Investors should note that 13F filings are released with a delay, reflecting positions held at the end of the previous quarter and not necessarily current holdings. NVR, the parent company of Ryan Homes, NVHomes, and Heartland Homes, operates primarily on the U.S. East Coast and is known for its business model that minimizes risk by acquiring finished land lots rather than engaging in land development.