Vault-13

AIR LEASE CORP AL

CL A · Common Stock · CUSIP 00912X302 · ISIN US00912X3026

435 institutional holders +41 vs Q1 2025
104,347,770104.3m shares reported held*
$6.1bnreported value*
80 new 150 added 144 reduced 40 sold out net sold ≈ $304.7m (-5.1m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($33.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $58.50. Options: 11 managers hold calls ($44.8m notional), 10 hold puts ($16.0m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 280Q4 22: 296Q1 23: 298Q2 23: 307Q3 23: 308Q4 23: 336Q1 24: 362Q2 24: 350Q3 24: 354Q4 24: 359Q1 25: 394Q2 25: 435435Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022280
Q4 2022296
Q1 2023298
Q2 2023307
Q3 2023308
Q4 2023336
Q1 2024362
Q2 2024350
Q3 2024354
Q4 2024359
Q1 2025394
Q2 2025435

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q3 23: 156 bought or addedQ3 23: 132 cut or sold outQ4 23: 165 bought or addedQ4 23: 139 cut or sold outQ4 23Q1 24: 199 bought or addedQ1 24: 162 cut or sold outQ2 24: 167 bought or addedQ2 24: 171 cut or sold outQ2 24Q3 24: 165 bought or addedQ3 24: 172 cut or sold outQ4 24: 163 bought or addedQ4 24: 157 cut or sold outQ4 24Q1 25: 186 bought or addedQ1 25: 158 cut or sold outQ2 25: 230 bought or addedQ2 25: 184 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023156132
Q4 2023165139
Q1 2024199162
Q2 2024167171
Q3 2024165172
Q4 2024163157
Q1 2025186158
Q2 2025230184

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20m$40m$60mQ3 24 calls: $6.8mQ3 24 puts: $5.9mQ3 24P/C 0.87Q4 24 calls: $4.0mQ4 24 puts: $1.3mQ4 24P/C 0.33Q1 25 calls: $11.8mQ1 25 puts: $7.1mQ1 25P/C 0.60Q2 25 calls: $44.8mQ2 25 puts: $16.0mQ2 25P/C 0.36
Numbers
QuarterCallsPutsP/C
Q3 2024$6.8m$5.9m0.87
Q4 2024$4.0m$1.3m0.33
Q1 2025$11.8m$7.1m0.60
Q2 2025$44.8m$16.0m0.36

Biggest buyers

Cubist Systematic Strategies, LLC New +392,982+393.0k
ADAGE CAPITAL PARTNERS GP, L.L.C. New +379,839+379.8k
TUDOR INVESTMENT CORP ET AL New +379,136+379.1k
Boston Partners Added +331,291+331.3k
CITADEL ADVISORS LLC New +308,037+308.0k
ROYAL BANK OF CANADA Added +293,034+293.0k
VANGUARD GROUP INC Added +269,646+269.6k
Allspring Global Investments Holdings, LLC Added +265,423+265.4k
SCOPIA CAPITAL MANAGEMENT LP New +208,433+208.4k
Davidson Kempner Capital Management LP Added +205,000+205.0k

Biggest sellers

WELLINGTON MANAGEMENT GROUP LLP Reduced -2,310,017-2.3m
Thrivent Financial for Lutherans Reduced -1,377,816-1.4m
Invesco Ltd. Reduced -851,630-851.6k
REINHART PARTNERS, LLC. Reduced -690,970-691.0k
ROYCE & ASSOCIATES LP Reduced -620,395-620.4k
Jain Global LLC Sold out -596,093-596.1k
Nuveen, LLC Reduced -421,531-421.5k
J. Goldman & Co LP Sold out -416,572-416.6k
BlackRock, Inc. Reduced -336,078-336.1k
Brandywine Global Investment Management, LLC Sold out -329,867-329.9k

Biggest calls

JANE STREET GROUP, LLC Added $10.1m173.1k shares
Arvin Capital Management LP Reduced $8.8m150.4k shares
Caption Management, LLC New $7.8m133.7k shares
PEAK6 LLC New $7.1m121.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $5.9m100.7k shares
CITADEL ADVISORS LLC Added $3.6m61.0k shares
WOLVERINE TRADING, LLC Unchanged $604.7k10.3k shares
GROUP ONE TRADING LLC Reduced $567.4k9.7k shares
SIMPLEX TRADING, LLC Reduced $198.0k3.4k shares
Walleye Trading LLC New $87.7k1.5k shares

Biggest puts

Caption Management, LLC Unchanged $5.4m92.0k shares
SIMPLEX TRADING, LLC Added $2.7m45.8k shares
JANE STREET GROUP, LLC New $2.3m39.8k shares
GROUP ONE TRADING LLC New $1.5m25.4k shares
CITADEL ADVISORS LLC Reduced $1.3m22.0k shares
Walleye Trading LLC New $941.7k16.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $760.4k13.0k shares
PEAK6 LLC Added $737.0k12.6k shares
WOLVERINE TRADING, LLC New $446.2k7.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution filed 2025-04-29 11.1% 12.4m 2025-04-29
VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-28 5.6% new 6.3m 2026-04-28

Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), UDVAR-HAZY STEVEN F (4.8%, 2026-01-22), DIMENSIONAL FUND ADVISORS LP (3.4%, 2026-01-21)

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.01% of their portfolio New York, NY 12,453,17012.5m $728.4m $728.4m 0.01% Reduced -336.1k -336,078
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 11,961,46812.0m $699.6m $699.6m 0.01% Added +269.6k +269,646
3 DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio AUSTIN, TX 6,549,4126.5m $383.1m $383.1m 0.09% Reduced -43.1k -43,098
4 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 4,796,9764.8m $280.6m $280.6m 0.02% Reduced -228.4k -228,445
5 Allspring Global Investments Holdings, LLC 0.35% of their portfolio CHARLOTTE, NC 3,619,2263.6m $211.8m $211.8m 0.35% Added +265.4k +265,423
6 AMERICAN CENTURY COMPANIES INC 0.11% of their portfolio KANSAS CITY, MO 3,564,1803.6m $208.5m $208.5m 0.11% Added +883 +883
7 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 3,459,0483.5m $203.1m $203.1m 0.01% Added +28.2k +28,227
8 Invesco Ltd. 0.03% of their portfolio ATLANTA, GA 3,218,1513.2m $188.2m $188.2m 0.03% Reduced -851.6k -851,630
9 WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio Boston, MA 3,143,8423.1m $183.9m $183.9m 0.03% Reduced -2.3m -2,310,017
10 EARNEST PARTNERS LLC 0.68% of their portfolio ATLANTA, GA 2,579,8002.6m $150.9m $150.9m 0.68% Added +9.7k +9,650
11 Capital Research Global Investors 0.02% of their portfolio Los Angeles, CA 2,050,0002.0m $119.9m $119.9m 0.02% Unchanged
12 LYRICAL ASSET MANAGEMENT LP 1.44% of their portfolio NEW YORK, NY 1,713,1701.7m $100.2m $100.2m 1.44% Reduced -211.3k -211,337
13 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,695,9951.7m $99.2m $99.2m 0.01% Reduced -9.0k -8,965
14 Copeland Capital Management, LLC 1.90% of their portfolio Conshohocken, PA 1,582,7251.6m $92.6m $92.6m 1.90% Reduced -147.1k -147,103
15 ROYCE & ASSOCIATES LP 0.87% of their portfolio New York, NY 1,447,8231.4m $84.7m $84.7m 0.87% Reduced -620.4k -620,395
16 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,337,9541.3m $78.3m $78.3m 0.01% Reduced -54.3k -54,338
17 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,235,2621.2m $72.3m $72.3m 0.01% Added +48.4k +48,413
18 NORGES BANK 0.01% of their portfolio OSLO, Q8 1,229,4481.2m $71.9m $71.9m 0.01% Added +117.7k +117,670
19 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,163,9501.2m $68.1m $68.1m 0.01% Added +17.3k +17,329
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,135,0151.1m $66.4m $66.4m 0.00% Added +117.8k +117,791
21 REINHART PARTNERS, LLC. 2.16% of their portfolio MEQUON, WI 1,082,8601.1m $63.3m $63.3m 2.16% Reduced -691.0k -690,970
22 COOKE & BIELER LP 0.62% of their portfolio PHILADELPHIA, PA 1,063,1941.1m $62.2m $62.2m 0.62% Reduced -202.1k -202,060
23 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 964,304964.3k $56.4m $56.4m 0.01% Reduced -32.3k -32,322
24 PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio DES MOINES, IA 870,210870.2k $50.9m $50.9m 0.03% Reduced -1.9k -1,879
25 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio Boston, MA 798,189798.2k $46.7m $46.7m 0.01% Reduced -278.5k -278,492
26 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 756,690756.7k $44.3m $44.3m 0.01% Reduced -76.4k -76,397
27 GAGNON SECURITIES LLC 8.75% of their portfolio New York, NY 736,437736.4k $43.1m $43.1m 8.75% Added +5.4k +5,354
28 T. Rowe Price Investment Management, Inc. 0.02% of their portfolio BALTIMORE, MD 674,351674.4k $39.4m $39.4m 0.02% Added +844 +844
29 Boston Partners 0.04% of their portfolio BOSTON, MA 648,679648.7k $37.9m $37.9m 0.04% Added +331.3k +331,291
30 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 646,106646.1k $37.8m $37.8m 0.00% Added +293.0k +293,034
31 COBALT CAPITAL MANAGEMENT, INC. 17.43% of their portfolio SHORT HILLS, NJ 635,000635.0k $37.1m $37.1m 17.43% Reduced -57.4k -57,383
32 Barton Investment Management 3.61% of their portfolio WEST CONSHOHOCKEN, PA 595,023595.0k $34.8m $34.8m 3.61% Reduced -73.4k -73,395
33 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 580,918580.9k $34.0m $34.0m 0.01% Reduced -64.0k -63,989
34 FIRST TRUST ADVISORS LP 0.03% of their portfolio Wheaton, IL 579,904579.9k $33.9m $33.9m 0.03% Reduced -96.0k -96,029
35 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 498,772498.8k $29.2m $29.2m 0.01% Added +10.8k +10,805
36 SEI INVESTMENTS CO 0.03% of their portfolio OAKS, PA 492,151492.2k $28.8m $28.8m 0.03% Added +44.4k +44,429
37 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio CHICAGO, IL 491,811491.8k $28.8m $28.8m 0.08% Reduced -272.8k -272,833
38 LAKEWOOD CAPITAL MANAGEMENT, LP 2.16% of their portfolio New York, NY 485,878485.9k $28.4m $28.4m 2.16% Added +37.0k +37,000
39 Russell Investments Group, Ltd. 0.04% of their portfolio Seattle, WA 478,728478.7k $28.0m $28.0m 0.04% Reduced -82.2k -82,250
40 Davidson Kempner Capital Management LP 0.41% of their portfolio New York, NY 455,000455.0k $26.6m $26.6m 0.41% Added +205.0k +205,000
41 M3F, Inc. 7.40% of their portfolio SALT LAKE CITY, UT 448,401448.4k $26.2m $26.2m 7.40% Added +39.1k +39,051
42 Balyasny Asset Management L.P. 0.06% of their portfolio Chicago, IL 439,623439.6k $25.7m $25.7m 0.06% Added +5.0k +4,956
43 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 429,730429.7k $25.1m $25.1m 0.01% Added +131.5k +131,455
44 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.03% of their portfolio FRANKFURT AM MAIN, 2M 428,044428.0k $25.0m $25.0m 0.03% Reduced -185.4k -185,432
45 Nuveen, LLC 0.01% of their portfolio CHARLOTTE, NC 410,087410.1k $24.0m $24.0m 0.01% Reduced -421.5k -421,531
46 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 409,331409.3k $23.9m $23.9m 0.00% Added +82.6k +82,614
47 W1M Investment Management Ltd 0.33% of their portfolio London, X0 405,769405.8k $23.7m $23.7m 0.33% Added +26.9k +26,917
48 NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio ALBANY, NY 401,139401.1k $23.5m $23.5m 0.03% Reduced -1.3k -1,257
49 Slate Path Capital LP 0.40% of their portfolio New York, NY 394,600394.6k $23.1m $23.1m 0.40% Added +6.7k +6,700
50 Cubist Systematic Strategies, LLC 0.25% of their portfolio STAMFORD, CT 392,982393.0k $23.0m $23.0m 0.25% New
51 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.04% of their portfolio Boston, MA 379,839379.8k $22.2m $22.2m 0.04% New
52 TUDOR INVESTMENT CORP ET AL 0.17% of their portfolio STAMFORD, CT 379,136379.1k $22.2m $22.2m 0.17% New
53 VR Advisory Services Ltd 5.85% of their portfolio CAMANA BAY, GRAND CAYMAN, E9 375,000375.0k $21.9m $21.9m 5.85% Unchanged
54 Cannell & Spears LLC 0.43% of their portfolio NEW YORK, NY 364,918364.9k $21.3m $21.3m 0.43% Reduced -187.8k -187,815
55 Public Sector Pension Investment Board 0.09% of their portfolio MONTREAL, A8 354,337354.3k $20.7m $20.7m 0.09% Added +25.8k +25,845
56 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 345,445345.4k $20.2m $20.2m 0.00% Added +20.4k +20,419
57 MetLife Investment Management, LLC 0.12% of their portfolio Whippany, NJ 340,953341.0k $19.9m $19.9m 0.12% Added +5.7k +5,685
58 LOOMIS SAYLES & CO L P 0.02% of their portfolio BOSTON, MA 331,248331.2k $19.4m $19.4m 0.02% Reduced -213.8k -213,768
59 MOORE CAPITAL MANAGEMENT, LP 0.38% of their portfolio NEW YORK, NY 325,931325.9k $19.1m $19.1m 0.38% Added +48.4k +48,408
60 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 308,037308.0k $18.0m $18.0m 0.02% New
61 Marathon Asset Management Ltd 0.57% of their portfolio London, X0 301,202301.2k $17.7m $17.7m 0.57% Reduced -4.3k -4,272
62 Douglas Lane & Associates, LLC 0.25% of their portfolio NEW YORK, NY 300,562300.6k $17.6m $17.6m 0.25% Reduced -132.1k -132,123
63 Legal & General Group Plc 0.00% of their portfolio London, X0 291,392291.4k $17.0m $17.0m 0.00% Added +5.1k +5,082
64 Kopernik Global Investors, LLC 1.84% of their portfolio TAMPA, FL 286,682286.7k $16.8m $16.8m 1.84% Reduced -10.2k -10,229
65 VALUEWORKS LLC 5.02% of their portfolio NEW YORK, NY 260,489260.5k $15.2m $15.2m 5.02% Added +61.0k +60,981
66 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 252,206252.2k $14.8m $14.8m 0.01% Added +5.5k +5,509
67 HUNTINGTON NATIONAL BANK 0.10% of their portfolio COLUMBUS, OH 251,631251.6k $14.7m $14.7m 0.10% Added +1 +1
68 Arvin Capital Management LP 4.10% of their portfolio AUSTIN, TX 245,540245.5k $14.4m $14.4m 4.10% Added +109.5k +109,530
69 First Eagle Investment Management, LLC 0.03% of their portfolio NEW YORK, NY 240,377240.4k $14.1m $14.1m 0.03% Reduced -22.6k -22,610
70 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 231,418231.4k $13.5m $13.5m 0.01% Added +27.4k +27,418
71 UBS Group AG 0.00% of their portfolio ZURICH, V8 222,548222.5k $13.0m $13.0m 0.00% Reduced -299.3k -299,330
72 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 221,710221.7k $13.0m $13.0m 0.01% Added +13.8k +13,762
73 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 221,675221.7k $13.0m $13.0m 0.01% Added +83.1k +83,108
74 SCOPIA CAPITAL MANAGEMENT LP 1.49% of their portfolio NEW YORK, NY 208,433208.4k $12.2m $12.2m 1.49% New
75 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio JUPITER, FL 207,299207.3k $12.1m $12.1m 0.04% Added +94.9k +94,855
76 Swiss National Bank 0.01% of their portfolio ZURICH, V8 202,800202.8k $11.9m $11.9m 0.01% Reduced -2.2k -2,200
77 Gagnon Advisors, LLC 7.72% of their portfolio New York, NY 196,479196.5k $11.5m $11.5m 7.72% Unchanged
78 Gotham Asset Management, LLC 0.06% of their portfolio NEW YORK, NY 184,037184.0k $10.8m $10.8m 0.06% Added +3.6k +3,564
79 THORNBURG INVESTMENT MANAGEMENT INC 0.14% of their portfolio SANTA FE, NM 183,352183.4k $10.7m $10.7m 0.14% Added +8.2k +8,206
80 Bayberry Capital Partners LP 3.54% of their portfolio NEW YORK, NY 183,300183.3k $10.7m $10.7m 3.54% New
81 Parkside Investments, LLC 1.43% of their portfolio DEERFIELD, IL 179,414179.4k $10.5m $10.5m 1.43% Reduced -17.6k -17,589
82 CI INVESTMENTS INC. 0.04% of their portfolio TORONTO, Z4 174,362174.4k $10.2m $10.2m 0.04% Reduced -234 -234
83 Lighthouse Investment Partners, LLC 0.44% of their portfolio Palm Beach Gardens, FL 172,120172.1k $10.1m $10.1m 0.44% Reduced -150.0k -149,961
84 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 170,376170.4k $10.0m $10.0m 0.01% Added +38.9k +38,889
85 NATIXIS 0.05% of their portfolio PARIS, I0 167,791167.8k $9.8m $9.8m 0.05% New
86 Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio VANCOUVER, A1 160,445160.4k $9.4m $9.4m 0.03% Added +88.3k +88,264
87 Campbell & CO Investment Adviser LLC 0.56% of their portfolio BALTIMORE, MD 152,864152.9k $8.9m $8.9m 0.56% New
88 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 144,340144.3k $8.4m $8.4m 0.01% Added +1.1k +1,091
89 HARBOR CAPITAL ADVISORS, INC. 0.33% of their portfolio CHICAGO, IL 136,178136.2k $8.0m $8.0m 0.33% Reduced -54.1k -54,118
90 Quantinno Capital Management LP 0.03% of their portfolio NEW YORK, NY 133,444133.4k $7.8m $7.8m 0.03% Added +82.4k +82,393
91 OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 0.40% of their portfolio SAN FRANCISCO, CA 129,471129.5k $7.6m $7.6m 0.40% New
92 GABELLI FUNDS LLC 0.05% of their portfolio Rye, NY 127,769127.8k $7.5m $7.5m 0.05% New
93 KNIGHTSBRIDGE ASSET MANAGEMENT, LLC 1.61% of their portfolio NEWPORT BEACH, CA 124,683124.7k $7.3m $7.3m 1.61% New
94 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 116,235116.2k $6.8m $6.8m 0.00% Reduced -41.5k -41,505
95 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 115,072115.1k $6.7m $6.7m 0.01% Reduced -1.4m -1,377,816
96 SKBA CAPITAL MANAGEMENT LLC 0.93% of their portfolio San Francisco, CA 110,550110.5k $6.5m $6.5m 0.93% Reduced -71.6k -71,644
97 Tribune Investment Group LP 3.17% of their portfolio NEW YORK, NY 110,000110.0k $6.4m $6.4m 3.17% New
98 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 107,536107.5k $6.3m $6.3m 0.01% Added +15.5k +15,507
99 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 107,003107.0k $6.3m $6.3m 0.01% New
100 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 105,077105.1k $6.1m $6.1m 0.01% Added +1.1k +1,050