Home builders
- Real estate
- Finance
- Construction
This portfolio tracks home builders. We believe the current high long term interest rates (May 2025) are a significant headwind. As long term rates come down (which we believe they will) the demand side will come back. At the same time, we believe there will be bipartisan political support for speeding up home building in the form of deregulation.
Performance
Growth of $1,000 · 1 month
$1,001.44+$1.44 (+0.14%)
S&P 500: 1,027.11
| Date | Portfolio | S&P 500 |
|---|---|---|
| Jul 13, 2026 | $1,000.00 | Not available |
| Jul 13, 2026 | $1,000.00 | $1,000.00 |
| Jul 13, 2026 | $999.59 | $996.23 |
| Jul 13, 2026 | $997.58 | $995.82 |
| Jul 14, 2026 | $992.62 | $998.70 |
| Jul 14, 2026 | $993.45 | $998.82 |
| Jul 14, 2026 | $997.80 | $999.31 |
| Jul 15, 2026 | $1,010.10 | $1,001.04 |
| Jul 15, 2026 | $1,014.36 | $999.98 |
| Jul 15, 2026 | $1,013.88 | $1,000.65 |
| Jul 16, 2026 | $1,030.26 | $1,001.95 |
| Jul 16, 2026 | $1,023.82 | $1,000.21 |
| Jul 16, 2026 | $1,023.56 | $996.71 |
| Jul 17, 2026 | $1,023.57 | $989.79 |
| Jul 17, 2026 | $1,009.90 | $991.50 |
| Jul 17, 2026 | $1,005.81 | $989.04 |
| Jul 20, 2026 | $984.12 | $988.58 |
| Jul 20, 2026 | $985.31 | $989.76 |
| Jul 20, 2026 | $981.25 | $986.74 |
| Jul 21, 2026 | $981.89 | $992.08 |
| Jul 21, 2026 | $983.96 | $994.68 |
| Jul 21, 2026 | $979.36 | $994.23 |
| Jul 22, 2026 | $973.02 | $994.79 |
| Jul 22, 2026 | $979.91 | $996.09 |
| Jul 22, 2026 | $981.20 | $994.44 |
| Jul 23, 2026 | $960.09 | $982.56 |
| Jul 23, 2026 | $961.12 | $980.26 |
| Jul 23, 2026 | $962.19 | $979.39 |
| Aug 10, 2026 | $1,001.44 | $1,027.11 |
PortfolioS&P 500
- Time-weighted return
- +0.14%
- Modified Dietz return
- +0.14%
- Normalized wealth
- 1,001.44
- Holdings
- 7
Holdings
| Instrument | Weight | Quantity | Value | Unrealized P&L |
|---|---|---|---|---|
 DHID.R. Horton Inc. | +35.23% | 253.98 | $37,192.67 | $5,871.99 |
| PHMPultegroup, Inc. | +20.05% | 163.82 | $21,160.71 | $4,437.90 |
 LENLennar Corporation Class A | +17.62% | 217.16 | $18,597.83 | -$4,642.94 |
 NVRNVR, Inc. | +14.39% | 2.42 | $15,189.22 | -$1,698.15 |
| TMHCTaylor Morrison Home Corporation Common Stock | +5.52% | 80.37 | $5,824.54 | $1,142.89 |
 MTHMeritage Homes Corporation | +4.05% | 59.56 | $4,274.15 | $298.40 |
 KBHKB Home | +3.15% | 59.09 | $3,324.00 | $152.46 |