Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Lennar Corporation’s Schedule 13G/A reports Warren E. Buffett and Berkshire Hathaway Inc. each as beneficially owning 26,034,436 Class A shares, or 12.5%, with shared voting and dispositive power. National Indemnity Company reports 21,502,349 shares, or 10.3%.
Other reporting persons also list positions: WestGUARD Insurance Company reports 5,511,000 shares (2.7%); Medical Protective Company, MedPro Group Inc. and Columbia Insurance Company each report 4,532,087 shares (2.2%); and Berkshire Hathaway Life Insurance Company of Nebraska and BHG Life Insurance Company each report 3,625,000 shares (1.7%). These are amounts shown on individual reporting-person cover pages.
Key Figures
Class A shares beneficially owned:26,034,436 sharesPercent of class:12.5%Class A shares beneficially owned:21,502,349 shares+5 more
8 metrics
Class A shares beneficially owned26,034,436 sharesReported by Warren E. Buffett and Berkshire Hathaway Inc. on their respective cover pages
Percent of class12.5%Reported by Warren E. Buffett and Berkshire Hathaway Inc.
Class A shares beneficially owned21,502,349 sharesNational Indemnity Company
Percent of class10.3%National Indemnity Company
Class A shares beneficially owned5,511,000 sharesWestGUARD Insurance Company
Percent of class2.7%WestGUARD Insurance Company
Class A shares beneficially owned1,195,000 sharesNorGUARD Insurance Company
Percent of class0.6%NorGUARD Insurance Company
Key Terms
beneficially owned, shared voting power, shared dispositive power
3 terms
beneficially ownedregulatory
"Amount beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared voting powerregulatory
"Shared Voting Power 26,034,436.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerregulatory
"Shared Dispositive Power 26,034,436.00"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many Lennar (LEN) shares does Warren Buffett report owning?
Warren E. Buffett reports beneficial ownership of 26,034,436 Class A shares, or 12.5%. The cover page also reports shared voting and shared dispositive power over those shares.
How many Lennar (LEN) shares does National Indemnity report?
National Indemnity Company reports beneficial ownership of 21,502,349 Class A shares, or 10.3%, with shared voting and shared dispositive power.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
LENNAR CORPORATION
(Name of Issuer)
Class A Common Stock, par value $.10
(Title of Class of Securities)
526057104
(CUSIP Number)
09/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
526057104
1
Names of Reporting Persons
Warren E. Buffett
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
26,034,436.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
26,034,436.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
26,034,436.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
12.5 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
CUSIP Number(s):
526057104
1
Names of Reporting Persons
Berkshire Hathaway Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
26,034,436.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
26,034,436.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
26,034,436.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
12.5 %
12
Type of Reporting Person (See Instructions)
HC, CO
SCHEDULE 13G
CUSIP Number(s):
526057104
1
Names of Reporting Persons
National Indemnity Company
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NEBRASKA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
21,502,349.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
21,502,349.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
21,502,349.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
10.3 %
12
Type of Reporting Person (See Instructions)
IC, CO
SCHEDULE 13G
CUSIP Number(s):
526057104
1
Names of Reporting Persons
Berkshire Hathaway Life Insurance Company of Nebraska
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NEBRASKA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,625,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,625,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,625,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.7 %
12
Type of Reporting Person (See Instructions)
IC, CO
SCHEDULE 13G
CUSIP Number(s):
526057104
1
Names of Reporting Persons
BHG Life Insurance Company
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NEBRASKA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,625,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,625,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,625,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.7 %
12
Type of Reporting Person (See Instructions)
IC, CO
SCHEDULE 13G
CUSIP Number(s):
526057104
1
Names of Reporting Persons
AZGUARD Insurance Company
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NEBRASKA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,098,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,098,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,098,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.5 %
12
Type of Reporting Person (See Instructions)
IC, CO
SCHEDULE 13G
CUSIP Number(s):
526057104
1
Names of Reporting Persons
Medical Protective Company
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
INDIANA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
4,532,087.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
4,532,087.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
4,532,087.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
2.2 %
12
Type of Reporting Person (See Instructions)
IC, CO
SCHEDULE 13G
CUSIP Number(s):
526057104
1
Names of Reporting Persons
MedPro Group Inc
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
INDIANA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
6
Shared Voting Power
4,532,087.00
7
Sole Dispositive Power
8
Shared Dispositive Power
4,532,087.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
4,532,087.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
2.2 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP Number(s):
526057104
1
Names of Reporting Persons
Columbia Insurance Company
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NEBRASKA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
6
Shared Voting Power
4,532,087.00
7
Sole Dispositive Power
8
Shared Dispositive Power
4,532,087.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
4,532,087.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
2.2 %
12
Type of Reporting Person (See Instructions)
IC, CO
SCHEDULE 13G
CUSIP Number(s):
526057104
1
Names of Reporting Persons
BH Columbia Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NEBRASKA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
6
Shared Voting Power
4,532,087.00
7
Sole Dispositive Power
8
Shared Dispositive Power
4,532,087.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
4,532,087.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
2.2 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP Number(s):
526057104
1
Names of Reporting Persons
NorGUARD Insurance Company
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NEBRASKA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,195,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,195,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,195,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.6 %
12
Type of Reporting Person (See Instructions)
IC, CO
SCHEDULE 13G
CUSIP Number(s):
526057104
1
Names of Reporting Persons
WestGUARD Insurance Company
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NEBRASKA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
5,511,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
5,511,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
5,511,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
2.7 %
12
Type of Reporting Person (See Instructions)
IC, CO
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
LENNAR CORPORATION
(b)
Address of issuer's principal executive offices:
5505 Waterford District Drive, Miami, Florida 33126
Item 2.
(a)
Name of person filing:
Warren E. Buffett
Berkshire Hathaway Inc.
National Indemnity Company
Berkshire Hathaway Life Insurance Company of Nebraska
BHG Life Insurance Company
AZGUARD Insurance Company
Medical Protective Company
MedPro Group Inc
Columbia Insurance Company
BH Columbia Inc.
NorGUARD Insurance Company
WestGUARD Insurance Company
(b)
Address or principal business office or, if none, residence:
Warren E. Buffett
3555 Farnam Street
Omaha, Nebraska 68131
Berkshire Hathaway Inc.
3555 Farnam Street
Omaha, Nebraska 68131
National Indemnity Company
1314 Douglas Street
Omaha, Nebraska 68102
Berkshire Hathaway Life Insurance Company of Nebraska
1314 Douglas Street
Omaha, Nebraska 68102
BHG Life Insurance Company
1314 Douglass Street
Omaha, Nebraska 68102
AZGUARD Insurance Company
39 Public Square
Wilkes-Barre, Pennsylvania 18703
Medical Protective Company
5814 Reed Road
Fort Wayne, Indiana 46835
MedPro Group Inc.
5814 Reed Road
Fort Wayne, Indiana 46835
Columbia Insurance Company
1314 Douglas Street
Omaha, Nebraska 68102
BH Columbia Inc.
1314 Douglas Street
Omaha, Nebraska 68102
NorGUARD Insurance Company
39 Public Square
Wilkes-Barre, Pennsylvania 18703
WestGUARD Insurance Company
39 Public Square
Wilkes-Barre, Pennsylvania 18703
(c)
Citizenship:
Warren E. Buffett (United States Citizen); Berkshire Hathaway Inc. (State of Delaware); National Indemnity Company (State of Nebraska); Berkshire Hathaway Life Insurance Company of Nebraska (State of Nebraska); BHG Life Insurance Company (State of Nebraska); AZGUARD Insurance Company (State of Nebraska); Medical Protective Company (State of Indiana); MedPro Group Inc. (State of Indiana); Columbia Insurance Company (State of Nebraska); BH Columbia Inc. (State of Nebraska); NorGUARD Insurance Company (State of Nebraska); WestGUARD Insurance Company (Nebraska).
(d)
Title of class of securities:
Class A Common Stock, par value $.10
(e)
CUSIP No.:
526057104
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
See the Cover Pages for each of the Reporting Persons.
(b)
Percent of class:
See the Cover Pages for each of the Reporting Persons.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See the Cover Pages for each of the Reporting Persons.
(ii) Shared power to vote or to direct the vote:
See the Cover Pages for each of the Reporting Persons.
(iii) Sole power to dispose or to direct the disposition of:
See the Cover Pages for each of the Reporting Persons.
(iv) Shared power to dispose or to direct the disposition of:
See the Cover Pages for each of the Reporting Persons.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Exhibit A.
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
See Exhibit A.
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Warren E. Buffett
Signature:
/s/ Warren E. Buffett
Name/Title:
Warren E. Buffett
Date:
10/07/2026
Berkshire Hathaway Inc.
Signature:
/s/ Warren E. Buffett
Name/Title:
Warren E. Buffett, Attorney-in-Fact
Date:
10/07/2026
National Indemnity Company
Signature:
/s/ Warren E. Buffett
Name/Title:
Warren E. Buffett, Attorney-in-Fact
Date:
10/07/2026
Berkshire Hathaway Life Insurance Company of Nebraska
