Third Avenue Management acquired 78.7 Thousand D.R. Horton shares worth $9.61 Million. That's 1.89% of their equity portfolio (19th largest holding). Third Avenue Management started to build up the position in D.R. Horton in Q1 2022 and continued to invest until Q2 2022. Since then they sold 150 Thousand shares. The stake costed the investor $5.55 Million, netting the investor a gain of 73% so far.
Boris Schlossberg, BK Asset Management managing director, joins 'Power Lunch' to discuss stock plays for three stocks: D.R. Horton, JPMorgan and Gold
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