LENNAR CORP /NEW/

Q4 2025 13F Holdings Report, Stock Holdings

Signature - Title: Mark Liberman - Assistant Secretary
Location: Miami, FL
Holdings as of: 31 Dec 2025
Value $: $172,986,772
Num holdings: 5
Filing time: 17 Feb 2026, 16:05:03 UTC
Form type: 13F-HR
Description: All US holdings of this investor are reported in this report. Top holdings included OPEN, HIPO, OPENW, OPENL, and OPENZ.
SEC: View on sec.gov

Sym	Weight	Trade Impact	Company	Class	Share Change	Activity	Value Change $	Value $	* Price $	Shares	Principal

* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.

Person Signing this Report on Behalf of Reporting Manager:

Name	Title	City, State	Date
Mark Liberman	Assistant Secretary	Miami, Florida	17 Feb 2026

Other Included Managers (2):

Num	Name	Location	File Number
1	Len X, LLC
2	Len FW Investor, LLC