Citadel Advisors LLC Grows Stock Position in NVR, Inc. $NVR

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Citadel Advisors LLC significantly increased its stake in NVR, Inc. (NYSE:NVR) by 318.4% in the third quarter, acquiring an additional 14,623 shares, bringing their total to 19,215 shares valued at $154.39 million. This move is part of a broader trend of institutional investment in NVR, with hedge funds and other institutional investors collectively owning 83.67% of the company’s stock. Despite some insider selling, NVR recently announced a $750 million stock buyback program, indicating management’s belief that its stock is undervalued.

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