Heartland Advisors released its third-quarter 2025 investor letter for the Heartland Mid Cap Value Fund, noting a 1.63% increase, falling behind the Russell Midcap® Value Index’s 6.18% gain. The market saw large- and mid-cap growth stocks rise due to optimism about the AI boom and increased electricity demand, regardless of business model quality or valuation.

D.R. Horton, Inc. (NYSE:DHI), a homebuilding company, was highlighted in the investor letter for its performance. The stock had a one-month return of -11.92% and lost 18.99% over the last 52 weeks. On October 10, 2025, D.R. Horton, Inc. (NYSE:DHI) closed at $151.58 per share with a market capitalization of $45.19 billion.

D.R. Horton, Inc. (NYSE:DHI) was the best-performing holding in the quarter for Heartland Mid Cap Value Fund. The homebuilder enjoys a 10% market share and scale advantages in a fragmented industry. D.R. Horton, Inc. (NYSE:DHI) is not among the 30 most popular stocks among hedge funds, but 64 hedge fund portfolios held it at the end of the second quarter.

Read more at Yahoo Finance: D.R. Horton (DHI) Surged in Q3 Following Earnings That Surpassed Expectations