D R HORTON INC

Genuine holder disagreement one tier below a static anchor defines D.R. Horton's (DHI) quarter, across 162 institutional holders and $692.4 million in tracked value. Swedbank AB, the largest holder at 16.2% of the book, was essentially static this quarter (shares flat at 688,343). The real action sits one level down: Wealth Enhancement Advisory Services grew its stake 43.1% (a genuine $20.1 million real addition, the largest buy in the stock), while Argent Capital Management cut 12.8% of its shares (a real $10.6 million reduction, the largest true sale) — two holders moving in opposite directions at comparable scale. Y-Intercept (Hong Kong) more than tripled its position (+217.8%, a real $4.74 million buy), and Assenagon Asset Management, flagged quasi-passive in this dataset, cut 18.9% of its shares ($5.77 million) — likely index-driven rather than a discretionary call.