Clients
Greenhaven Associates serves 132 clients, 100 of them high-net-worth individuals. The average client has about $88 million with the firm, and high-net-worth clients hold 72% of its $11.7 billion in assets.
- High-net-worth individuals100 clients72%
- Charitable organizations27 clients21%
- Corporations and other businesses2 clients5%
- Pension and profit-sharing plans3 clients2%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 100 | $8,423,275,647 | 72.2% | $84.2M |
| Pension and profit-sharing plans | 3 | $221,180,408 | 1.9% | $73.7M |
| Charitable organizations | 27 | $2,453,533,721 | 21.0% | $90.9M |
| Corporations and other businesses | 2 | $562,701,250 | 4.8% | $281.4M |
| Total | 132 | $11,660,691,026 | 100% | $88.3M |
- Clients
- 100
- Regulatory AUM
- $8,423,275,647
- Share
- 72.2%
- Avg. per client
- $84.2M
- Clients
- 3
- Regulatory AUM
- $221,180,408
- Share
- 1.9%
- Avg. per client
- $73.7M
- Clients
- 27
- Regulatory AUM
- $2,453,533,721
- Share
- 21.0%
- Avg. per client
- $90.9M
- Clients
- 2
- Regulatory AUM
- $562,701,250
- Share
- 4.8%
- Avg. per client
- $281.4M
Total
- Clients
- 132
- Regulatory AUM
- $11,660,691,026
- Share
- 100%
- Avg. per client
- $88.3M
What it does
Greenhaven Associates provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.
Greenhaven Associates provided financial planning to 0 clients last fiscal year and advises no private funds.
100.0% of assets ($11.66B across 225 accounts) are managed with discretion. 3% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks53%
- Cash47%
Custodians
Greenhaven Associates’ client accounts are held mainly at J.P. Morgan, with 89% of managed assets. Greenhaven Associates does not have custody of client assets.
- J.P. MorganJP Morgan Chase Bank, NA · New York, NY · $10.33B89%
- All other custodians$1.33B11%
Ownership and leadership
Edgar Wachenheim owns 50% to 75% of Greenhaven Associates.
- Owns 50% to 75% of Greenhaven Associates Inc
Edgar Wachenheim
Control person · since January 1988
- Owns 10% to 25% of Greenhaven Associates Inc
Chris Wachenheim
since January 2017
- Owns 10% to 25% of Greenhaven Associates Inc
Lance Wachenheim
since January 1988
- Owns 10% to 25% of Greenhaven Associates Inc
Kim Wagman
since January 1988
- Owns 10% to 25% of Greenhaven Associates Inc
Amy McCaffery
since January 1988
Leadership
- Elihu DavidoffVice President
- Chris WachenheimPresident
- Edgar WachenheimChairman, Chief Financial Officer & Chief Compliance Officer
- Joshua SandbulteChief Investment Officer
- Lance WachenheimShareholder
- Kim WagmanShareholder
- Amy McCafferyShareholder
Staff
- 7 employees
- 4 in advisory functions
Reported holdings
Greenhaven Associates’ reported 13F holdings total $8.66B across 28 positions, and the ten largest make up 79.1% of it.
- $8.66B
- Reported 13F value
- 28
- Positions
- 79.1%
- In the 10 largest
- +42.6%
- Value vs. prior quarter
- Lennar Corporation - A (len)11.8%
- General Motors Co (gm)11.5%
- Toll Brothers, Inc.. (tol)10.7%
- Becton Dickinson & Co (bdx)9.9%
- Pultegroup Inc.. (phm)8.6%
- D R Horton, Inc.. (dhi)6.6%
- Icon PLC (iclr)6.2%
- Accenture PLC (acn)4.9%
- Oshkosh Corp. (osk)4.5%
- Arrow Electronics Inc. (arw)4.3%
Together, the ten largest are 79.1% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $8.66B is not its $11.66B in regulatory assets and does not represent any individual client's portfolio.
Fees
Greenhaven Associates is paid through a percentage of assets under management and performance-based fees.
Greenhaven Associates’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Greenhaven Associates has 0 offices, with 1 listed address in 1 state.
New York · 1 listed address
- Three Manhattanville Road, PurchaseHQ
Registration details
- Legal name
- Greenhaven Associates Inc
- Headquarters
- Three Manhattanville Road, Purchase, NY 10577-2130
- Phone
- 914-253-9350
- Website
- Not reported
- SEC file
- 801-31678
- Structure
- New York corporation
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Greenhaven Associates have?
Greenhaven Associates has 132 clients and manages $11.7 billion for them, as of February 2026. They include 100 high-net-worth individuals, 27 charitable organizations and 3 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 10 February 2026
What services does Greenhaven Associates offer?
Greenhaven Associates provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Greenhaven Associates use?
Greenhaven Associates’ separately managed account assets are held at JP Morgan Chase Bank, NA (New York, NY), with $10,332,943,294. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 10 February 2026
How many financial advisors does Greenhaven Associates have?
Greenhaven Associates has 0 investment adviser representatives registered with state securities authorities, out of 7 employees, and 4 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Greenhaven Associates invest in?
At the end of its last fiscal year, Greenhaven Associates’ separately managed accounts held 53% exchange-traded equities and 47% cash and equivalents. It advises no private funds of its own.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Greenhaven Associates?
Greenhaven Associates’ direct owners are Edgar Wachenheim (50% to 75%), Chris Wachenheim (10% to 25%), Lance Wachenheim (10% to 25%), Kim Wagman (10% to 25%) and Amy McCaffery (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 10 February 2026
How does Greenhaven Associates get paid?
Greenhaven Associates is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file