NVR · NYSE · CIK 0000906163
NVR, Inc.
No equity stake in another company appears in NVR, Inc.'s filings. That is the sourced answer, not a hole in the research.
NVR, Inc. - Profile
- Sector
- Consumer DiscretionaryGICS
- Industry
- Operative BuildersSIC 1531
- Listed on
- NYSE
- Employees
- 5,930stated 2024
- Incorporated in
- Virginia
- Financial year ends
- 31 December
Source
Address, industry classification, listing and incorporation come from NVR, Inc.'s own SEC filer record, so the industry is the SEC's dry classification rather than a marketing label. The website comes from Wikidata. The headcount is the figure the Wikipedia article states for 2024, not a figure this site has verified against a filing. The description is the opening paragraph of its Wikipedia article, used under CC BY-SA 4.0.
Share price
NVR
Description
NVR, Inc. is an American company engaged in home construction headquartered in Reston, Virginia. It also operates a mortgage banking and title services business. The company primarily operates on the East Coast of the United States, but its operations encompass 14 states as well as Washington, D.C. In 2021, 22% of the company's revenue was from the Washington metropolitan area.
Who owns NVR, Inc..
sized by
modelled, reported or pending
Select a row or a slice for its provenance: the filing it came from, when it was measured, and the arithmetic behind it if it was modelled.
The full register, from 13F filings
The Register tab above is hand research: a dozen holders, each traced to the filing it came from. This asks the same question of the whole market for the quarter ended 31-mar-2026, where 644 managers reported a position. Broad where the research is deep, and shallow in the ways a 13F always is.
644 managers reported a position, together holding 2.3m shares, or 85.4% of the company. The 40 largest are listed. Percentages are of the 2.7m shares outstanding at 30 Apr 2026, the count in force when this quarter was measured rather than the count today.
Built from 13F filings, which report US listed, long, US custodied positions only. A register from this source is a floor rather than a level: a holder's true position can be far larger, as BlackRock's ASML stake shows at 1.28m shares in a 13F against 26.3m in its 13G/A. Holdings held through derivatives, outside US custody, or below a manager's reporting obligation do not appear. Where a holder is marked as a family, its total sums several separate filing entities and describes something no single filing describes; the constituent entities and their share counts are listed so the total can be checked. That roll-up can legitimately exceed the family's own Schedule 13G, because a 13G is filed by one legal entity: Vanguard reports Alphabet through ten advisory entities, and The Vanguard Group Inc itself reported zero after its January 2026 disaggregation.
What a reader needs to know to read these numbers
- Holdings side: NVR follows the classic homebuilder land-option/joint-venture model rather than holding equity stakes in other companies. Searched the newest 10-Q (period 30 Jun 2026, filed 5 Aug 2026) for 'equity method', 'joint venture', 'unconsolidated', 'investment in', 'equity investment', 'non-marketable', 'minority interest', 'equity in earnings': only 'joint venture' and 'unconsolidated' hit, describing lot-purchase-agreement (LPA) joint venture LLCs in which NVR is a non-controlling member, at risk only for amounts invested or committed, not a borrower/guarantor on JV debt, and determined NOT to be the primary beneficiary of any JV (so none are consolidated or reported as a named equity-method investee). No JV, partner, or investee is named by name or ownership percentage anywhere in the 10-Q. The FY2025 10-K (filed 11 Feb 2026) confirms the same shape ('investment in JVs is reported in the Other assets line item... None of the JVs had any individually [material commitments]') with likewise no named investee or percentage. Exhibit 21 of the FY2025 10-K (a2025ex21.htm) was read directly: it is a bare 4-name list of NVR's own wholly owned subsidiaries (NVR Mortgage Finance Inc, NVR Settlement Services Inc, RVN Inc, NVR Funding II Inc), no ownership-percentage column and no JV names, which is a genuine negative in the same shape as Labcorp's and Darden's Exhibit 21, not evidence of looking in the wrong place. Conclusion: holdings is legitimately empty; NVR's JV/LPA structures are land-option arrangements, not equity holdings, and turning them into holdings rows would invent positions that do not exist.
- Self-gate computed from this final file, using the chart's own formula (members at full value, an aggregate reduced only by members that roll into it, an aggregate with no members at full value; here no row has rolls_up_into set, so every row counts at full value): 11 register rows, 1,422,967 total shares, against shares_outstanding 2,664,860 = 53.40% of the company. This is above the brief's 25-45% typical band but below its 55% flag threshold. Checked for the three usual causes and none was found: every institutional row is the same CUSIP 62944T105 common stock read directly from each holder's own Q2 2026 13F-HR (or, for T. Rowe Price Associates, the same CUSIP restated out of its thousands-convention reporting), all implied per-share prices cluster tightly at $6,813-6,814 (Geode alone at $6,789, a small and separately flagged deviation, not a different instrument), and no holder appears twice: Vanguard is one family row summing 7 filing entities under a 13F-NT parent, Capital Group is one family row summing 2 of 11 enumerated registrants, both T. Rowe Price registrants were checked individually, and the directors/officers aggregate does not double-count any institutional row. NVR's shares outstanding is extraordinarily small (2,664,860 as of 31 Jul 2026, down from tens of millions decades ago) after uninterrupted buybacks with no stock split ever, which mechanically concentrates institutional and insider ownership percentages the same way it does for Domino's Pizza (see data/research/dominos.json): a handful of index funds, one active value manager, and the leadership group collectively own more than half of a very small float. This is reported as a real feature of the stock rather than suppressed.
- Implied per-share price check: institutional 13F dollar values divide by their share counts to $6,813-$6,814 across Vanguard's 7 entities, BlackRock, Capital Group's 2 entities, State Street, Boston Partners, Principal Financial, Dimensional Fund Advisors, Fidelity/FMR, and T. Rowe Price Associates (after restating its thousands-convention value), all dated 30 Jun 2026, a tight independent cross-check that these are all the same instrument at the same date. Geode alone reads $6,788.99/sh, about 0.4% low; flagged in its own method_note rather than silently averaged in, matching a Geode-specific deviation already documented on other companies in this database (Domino's Pizza).
- T. Rowe Price entities file dollar values in THOUSANDS, confirmed on this company for T. Rowe Price Associates, Inc. (CIK 0000080255): its raw reported value of 35,915 (implying an impossible $6.81/share) resolves to $35,915,000 once multiplied by 1,000, which matches the $6,813-6,814/share band every other holder shows. T. Rowe Price Investment Management, Inc. (CIK 0001897612) was checked separately and holds zero NVR shares, so the thousands question is moot for that registrant on this company.
- No Schedule 13D has ever been filed against NVR (checked the full SC 13D/13G filing history back to 2014: every filing is SC 13G or SC 13G/A, all passive). The most recent are a BlackRock 13G/A filed 10 Sep 2024 and a Vanguard 13G/A filed 13 Feb 2024, both stale relative to the fresh Q2 2026 13F figures used in this file; both are noted in their respective rows' method_note as reconciliations, and in both cases the fresh 13F figure is LOWER than the stale 13G figure, the opposite direction from Domino's Pizza's Vanguard reconciliation elsewhere in this database. No 13D/G filing since September 2024 means no new 5%+ strategic or activist holder has emerged.
- Current price used for market_cap_usd is a live end-of-day quote (Nasdaq API, NYSE-listed NVR, last sale $6,418.86, close of 19 Aug 2026) multiplied by the 31 Jul 2026 cover-page share count; the two dates are about three weeks apart because no single filing carries both a current price and a current share count. This is disclosed rather than treated as precise. Note the ~5.8% price move down from the ~$6,813-6,814/share level implied by the Q2 2026 13F filings (30 Jun 2026) to the 19 Aug 2026 close is a real market move over that window, not a data error.
Looked for, not found
Recorded rather than filled in. Each of these is a place where a number could have been invented and was not.
- No dollar value is disclosed for the directors/executive officers aggregate row; the DEF 14A reports only share counts and percent of class for insiders, not a dollar value.
- Individually named directors and officers below 1% (C. E. Andrews, Sallie B. Bailey, Michael J. DeVito, Alfred E. Festa, Alexandra A. Jung, Mel Martinez, George R. Oliver, David A. Preiser, W. Grady Rosier, Susan Williamson Ross, Eugene J. Bredow, Matthew B. Kelpy) were read from the 2026 proxy but not itemized as separate register rows; only the 14-person aggregate is recorded, with the two members over 1% (Saville, Malzahn) described in notes rather than broken out as rows.
- No holder-level 13F check was run beyond the 11 named institutions (Vanguard family, BlackRock, Capital Group family, State Street, Geode, Boston Partners, Principal Financial, Dimensional Fund Advisors, Fidelity/FMR, T. Rowe Price both registrants); other names ranked lower in data/registers/NVR.json's 31 Mar 2026 snapshot (Morgan Stanley, Wellington, Nuveen, Caisse de depot et placement du Quebec, Northern Trust, Marshfield Associates, Invesco and others) were not individually refreshed for Q2 2026 and are not included here.
- Market cap is a computed figure (a 19 Aug 2026 closing price times the 31 Jul 2026 share count), not a figure read directly off one page that states market cap; see the note on the date mismatch.
