Vanguard Capital Management Acquires 7.38% Stake in NVR Inc.

Vanguard Capital Management LLC has filed a Schedule 13G reporting a new significant ownership position in NVR Inc. (NVR). As of the event date on March 31, 2026, Vanguard beneficially owns 205,105 shares of NVR common stock, representing a 7.38% stake in the company. This filing marks an increase from a previously reported 0.0% position, establishing Vanguard as a major institutional shareholder. The filing indicates that Vanguard holds sole dispositive power over all 205,105 shares, while maintaining sole voting power over 27,480 shares. The securities were acquired in the ordinary course of business and are not held for the purpose of influencing or changing the control of the issuer. The reported holdings include shares managed by various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. This substantial investment by one of the world's largest asset managers reflects a significant vote of confidence in the homebuilding and mortgage banking company.