Hedge Fund - Greenhaven Associates

Edgar Wachenheim Iii Bio, Returns, AUM, Net Worth

Greenhaven Associates is a long-term, long-only investor in public markets, overseeing a concentrated portfolio of value stocks valued at $10 billion. Founded to manage the wealth of the Wachenheim and Wallach families, Greenhaven also invests on behalf of clients such as college endowments, museums, non-profits, and other affluent families. Mr. Edgar Wachenheim III has served as the fund's founder and CEO since 1987.

Edgar Wachenheim III founded Greenhaven Associates in 1987, which originated as a branch of Central National-Gottesman, and has served as CEO since its inception. According to CNBC, Wachenheim's firm achieved an average annual return before fees of approximately 19% from 1988 to 2017. Wachenheim initially attended MIT for two years as an undergraduate before completing his studies at Williams College, graduating in 1959. Following this, he gained experience at IBM before pursuing his Master of Business Administration at Harvard Business School from 1964 to 1966. He later joined Goldman Sachs, where he worked as a securities analyst.

Greenhaven Associates is a prominent advisory firm serving 131 clients with discretionary assets under management (AUM) totaling $9,569,807,287, as reported in its Form ADV on January 4, 2024. Their latest 13F filing for Q1 2024 revealed holdings of $10,860,504,532 in managed 13F securities, with a top 10 holdings concentration of 83.48%. Greenhaven Associates' largest holding is Lennar Corp. Class A, with 8,933,457 shares held.

Edgar Wachenheim Iii
Fund Profile
Filing Period:
Fund Name: Greenhaven Associates
Manager Edgar Wachenheim Iii
Portfolio Value $10,860,504,532
Change This QTR +1.16%
Filing Period:
Last update:
No. Security Ticker Shares Value Activity % Port History
1. LEN, LEN.B 8,933,457 $1,536,375,935 -2% 14.14%
General Motors Co (Gm)
23,154,158 $1,050,041,065 +1% 9.66%
3. C 16,291,760 $1,030,290,902 +2% 9.48%
4. GS 2,296,177 $959,090,171 -2% 8.83%
Crh Plc (Crh)
11,028,797 $951,344,029 -2% 8.75%
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