Yes, you can limit the number of records displayed in the Dynamics 365 Model Driven App Homepage Grid to 250. To do this, follow these steps:
Go to Settings: Navigate to the Dynamics 365 settings.
Personalization Settings: Under the Personalization section, find the option to change the number of records per page.
Set the Limit: Change the setting to display 250 records per page.
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Blog Link: How to Change the Number of Records Per Page Displayed in Dynamics 365 - Carl de Souza
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