Third Avenue Management acquired 73.8k D.R. Horton shares worth $10.8M. That's 1.69% of their equity portfolio (19th largest holding). The first D.R. Horton trade was made in Q1 2022. Since then Third Avenue Management bought shares two more times and sold shares on eleven occasions. The stake costed the investor $5.21M, netting the investor a gain of 106% 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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