Vault-13

AIR LEASE CORP AL

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

463 institutional holders +28 vs Q2 2025
100,635,584100.6m shares reported held*
$6.4bnreported value*
99 new 124 added 169 reduced 70 sold out net sold ≈ $397.8m (-6.2m 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 ($25.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $63.65. Options: 12 managers hold calls ($19.6m notional), 9 hold puts ($3.2m).

Trends to Q3 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: 435Q3 25: 463463Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 2025463

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 23: 165 bought or addedQ4 23: 139 cut or sold outQ1 24: 199 bought or addedQ1 24: 162 cut or sold outQ1 24Q2 24: 167 bought or addedQ2 24: 171 cut or sold outQ3 24: 165 bought or addedQ3 24: 172 cut or sold outQ3 24Q4 24: 163 bought or addedQ4 24: 157 cut or sold outQ1 25: 186 bought or addedQ1 25: 158 cut or sold outQ1 25Q2 25: 230 bought or addedQ2 25: 184 cut or sold outQ3 25: 223 bought or addedQ3 25: 239 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023165139
Q1 2024199162
Q2 2024167171
Q3 2024165172
Q4 2024163157
Q1 2025186158
Q2 2025230184
Q3 2025223239

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ4 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 0.36Q3 25 calls: $19.6mQ3 25 puts: $3.2mQ3 25P/C 0.16
Numbers
QuarterCallsPutsP/C
Q4 2024$4.0m$1.3m0.33
Q1 2025$11.8m$7.1m0.60
Q2 2025$44.8m$16.0m0.36
Q3 2025$19.6m$3.2m0.16

Biggest buyers

FIL Ltd Added +4,458,942+4.5m
Pentwater Capital Management LP New +2,200,000+2.2m
AQR CAPITAL MANAGEMENT LLC Added +2,061,817+2.1m
Magnetar Financial LLC New +1,579,485+1.6m
BlackRock, Inc. Added +1,048,334+1.0m
AQR Arbitrage LLC New +1,008,638+1.0m
NEXPOINT ASSET MANAGEMENT, L.P. New +764,898+764.9k
High Ground Investment Management LLP New +549,201+549.2k
UBS Group AG Added +539,482+539.5k
GOLDMAN SACHS GROUP INC Added +508,610+508.6k

Biggest sellers

JPMORGAN CHASE & CO Reduced -3,488,772-3.5m
Allspring Global Investments Holdings, LLC Reduced -2,794,359-2.8m
WELLINGTON MANAGEMENT GROUP LLP Reduced -2,666,715-2.7m
Invesco Ltd. Reduced -2,028,735-2.0m
LYRICAL ASSET MANAGEMENT LP Reduced -1,707,042-1.7m
ROYCE & ASSOCIATES LP Reduced -1,079,144-1.1m
EARNEST PARTNERS LLC Reduced -812,415-812.4k
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Sold out -798,189-798.2k
Boston Partners Sold out -648,679-648.7k
Copeland Capital Management, LLC Reduced -440,554-440.6k

Biggest calls

Caption Management, LLC Reduced $4.8m75.0k shares
GOLDMAN SACHS GROUP INC New $3.2m50.0k shares
CITIGROUP INC New $3.0m47.1k shares
Walleye Trading LLC Added $2.2m33.8k shares
Schonfeld Strategic Advisors LLC New $1.3m20.0k shares
CITADEL ADVISORS LLC Reduced $1.1m18.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.0m15.9k shares
WOLVERINE TRADING, LLC Added $1.0m15.9k shares
GROUP ONE TRADING LLC Added $973.8k15.3k shares
JANE STREET GROUP, LLC Reduced $757.4k11.9k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $1.3m20.4k shares
SIMPLEX TRADING, LLC Reduced $598.0k9.4k shares
JANE STREET GROUP, LLC Reduced $305.5k4.8k shares
WOLVERINE TRADING, LLC Reduced $305.5k4.8k shares
GROUP ONE TRADING LLC Reduced $267.3k4.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $248.2k3.9k shares
Walleye Trading LLC Reduced $127.3k2.0k shares
Walleye Capital LLC New $6.4k100 shares
Alpine Global Management, LLC New $300300 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, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.02% of their portfolio New York, NY 13,501,50413.5m $859.4m $859.4m 0.02% Added +1.0m +1,048,334
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 11,549,44511.5m $735.1m $735.1m 0.01% Reduced -412.0k -412,023
3 DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio AUSTIN, TX 6,591,3876.6m $419.5m $419.5m 0.09% Added +42.0k +41,975
4 FIL Ltd 0.22% of their portfolio HAMILTON, D0 4,470,6014.5m $284.6m $284.6m 0.22% Added +4.5m +4,458,942
5 AMERICAN CENTURY COMPANIES INC 0.12% of their portfolio KANSAS CITY, MO 3,551,4643.6m $226.1m $226.1m 0.12% Reduced -12.7k -12,716
6 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 3,405,0783.4m $217.5m $217.5m 0.01% Reduced -54.0k -53,970
7 HBK INVESTMENTS L P 2.58% of their portfolio DALLAS, TX 2,750,0002.8m $175.0m $175.0m 2.58% Not comparable
8 AQR CAPITAL MANAGEMENT LLC 0.09% of their portfolio Greenwich, CT 2,283,4922.3m $145.3m $145.3m 0.09% Added +2.1m +2,061,817
9 Pentwater Capital Management LP 1.26% of their portfolio Naples, FL 2,200,0002.2m $140.0m $140.0m 1.26% New
10 EARNEST PARTNERS LLC 0.49% of their portfolio ATLANTA, GA 1,767,3851.8m $112.5m $112.5m 0.49% Reduced -812.4k -812,415
11 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,738,6741.7m $110.7m $110.7m 0.01% Added +42.7k +42,679
12 Capital Research Global Investors 0.02% of their portfolio Los Angeles, CA 1,625,0001.6m $103.4m $103.4m 0.02% Reduced -425.0k -425,000
13 Magnetar Financial LLC 0.61% of their portfolio EVANSTON, IL 1,579,4851.6m $100.5m $100.5m 0.61% New
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,308,2041.3m $83.3m $83.3m 0.00% Reduced -3.5m -3,488,772
15 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,268,1181.3m $80.7m $80.7m 0.01% Reduced -69.8k -69,836
16 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,190,1791.2m $75.8m $75.8m 0.01% Added +26.2k +26,229
17 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 1,189,4161.2m $75.7m $75.7m 0.01% Reduced -2.0m -2,028,735
18 Copeland Capital Management, LLC 1.51% of their portfolio Conshohocken, PA 1,142,1711.1m $72.7m $72.7m 1.51% Reduced -440.6k -440,554
19 AQR Arbitrage LLC 1.63% of their portfolio Greenwich, CT 1,008,6381.0m $64.2m $64.2m 1.63% New
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 939,242939.2k $59.8m $59.8m 0.00% Reduced -195.8k -195,773
21 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 921,300921.3k $58.6m $58.6m 0.01% Reduced -43.0k -43,004
22 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 917,941917.9k $58.4m $58.4m 0.01% Added +508.6k +508,610
23 Davidson Kempner Capital Management LP 0.75% of their portfolio New York, NY 840,084840.1k $53.5m $53.5m 0.75% Added +385.1k +385,084
24 Allspring Global Investments Holdings, LLC 0.08% of their portfolio CHARLOTTE, NC 824,867824.9k $52.5m $52.5m 0.08% Reduced -2.8m -2,794,359
25 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 1.56% of their portfolio CHICAGO, IL 817,410817.4k $52.0m $52.0m 1.56% Not comparable
26 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 815,654815.7k $51.9m $51.9m 0.00% Reduced -419.6k -419,608
27 NEXPOINT ASSET MANAGEMENT, L.P. 4.33% of their portfolio Dallas, TX 764,898764.9k $48.7m $48.7m 4.33% New
28 UBS Group AG 0.01% of their portfolio ZURICH, V8 762,030762.0k $48.5m $48.5m 0.01% Added +539.5k +539,482
29 MOORE CAPITAL MANAGEMENT, LP 0.94% of their portfolio NEW YORK, NY 743,280743.3k $47.3m $47.3m 0.94% Added +417.3k +417,349
30 COOKE & BIELER LP 0.47% of their portfolio PHILADELPHIA, PA 719,812719.8k $45.8m $45.8m 0.47% Reduced -343.4k -343,382
31 REINHART PARTNERS, LLC. 1.41% of their portfolio MEQUON, WI 679,191679.2k $43.2m $43.2m 1.41% Reduced -403.7k -403,669
32 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 646,327646.3k $41.1m $41.1m 0.01% Reduced -110.4k -110,363
33 GAGNON SECURITIES LLC 7.73% of their portfolio New York, NY 605,618605.6k $38.5m $38.5m 7.73% Reduced -130.8k -130,819
34 PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio DES MOINES, IA 603,652603.7k $38.4m $38.4m 0.02% Reduced -266.6k -266,558
35 High Ground Investment Management LLP 5.81% of their portfolio LONDON, X0 549,201549.2k $35.0m $35.0m 5.81% New
36 COBALT CAPITAL MANAGEMENT, INC. 14.63% of their portfolio SHORT HILLS, NJ 500,000500.0k $31.8m $31.8m 14.63% Reduced -135.0k -135,000
37 LAKEWOOD CAPITAL MANAGEMENT, LP 2.34% of their portfolio New York, NY 485,878485.9k $30.9m $30.9m 2.34% Unchanged
38 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 477,127477.1k $30.4m $30.4m 0.01% Reduced -2.7m -2,666,715
39 Barton Investment Management 3.07% of their portfolio WEST CONSHOHOCKEN, PA 473,217473.2k $30.1m $30.1m 3.07% Reduced -121.8k -121,806
40 M3F, Inc. 8.44% of their portfolio SALT LAKE CITY, UT 467,901467.9k $29.8m $29.8m 8.44% Added +19.5k +19,500
41 FIRST TRUST ADVISORS LP 0.02% of their portfolio Wheaton, IL 463,973464.0k $29.5m $29.5m 0.02% Reduced -115.9k -115,931
42 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 430,415430.4k $27.4m $27.4m 0.01% Reduced -150.5k -150,503
43 W1M Investment Management Ltd 0.35% of their portfolio London, X0 426,769426.8k $27.2m $27.2m 0.35% Added +21.0k +21,000
44 Public Sector Pension Investment Board 0.10% of their portfolio MONTREAL, A8 409,795409.8k $26.1m $26.1m 0.10% Added +55.5k +55,458
45 NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio ALBANY, NY 406,639406.6k $25.9m $25.9m 0.03% Added +5.5k +5,500
46 Verition Fund Management LLC 0.15% of their portfolio GREENWICH, CT 405,433405.4k $25.8m $25.8m 0.15% Added +378.5k +378,472
47 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 377,592377.6k $24.0m $24.0m 0.00% Reduced -268.5k -268,514
48 VR Advisory Services Ltd 5.79% of their portfolio CAMANA BAY, GRAND CAYMAN, E9 375,000375.0k $23.9m $23.9m 5.79% Unchanged
49 ROYCE & ASSOCIATES LP 0.23% of their portfolio New York, NY 368,679368.7k $23.5m $23.5m 0.23% Reduced -1.1m -1,079,144
50 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 368,408368.4k $23.4m $23.4m 0.00% Reduced -130.4k -130,364
51 Decagon Asset Management LLP 11.74% of their portfolio LONDON, X0 349,526349.5k $22.2m $22.2m 11.74% New
52 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio CHICAGO, IL 348,305348.3k $22.2m $22.2m 0.06% Reduced -143.5k -143,506
53 Arvin Capital Management LP 5.12% of their portfolio AUSTIN, TX 347,664347.7k $22.1m $22.1m 5.12% Added +102.1k +102,124
54 MetLife Investment Management, LLC 0.10% of their portfolio Whippany, NJ 339,622339.6k $21.6m $21.6m 0.10% Reduced -1.3k -1,331
55 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 330,485330.5k $21.0m $21.0m 0.02% Reduced -161.7k -161,666
56 GABELLI FUNDS LLC 0.14% of their portfolio Rye, NY 318,880318.9k $20.3m $20.3m 0.14% Added +191.1k +191,111
57 WATER ISLAND CAPITAL LLC 2.74% of their portfolio NEW YORK, NY 300,677300.7k $19.1m $19.1m 2.74% New
58 Diameter Capital Partners LP 2.00% of their portfolio New York, NY 300,000300.0k $19.1m $19.1m 2.00% New
59 T. Rowe Price Investment Management, Inc. 0.01% of their portfolio BALTIMORE, MD 296,315296.3k $18.9m $18.9m 0.01% Reduced -378.0k -378,036
60 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 285,519285.5k $18.2m $18.2m 0.00% Reduced -124.6k -124,568
61 Kopernik Global Investors, LLC 1.48% of their portfolio TAMPA, FL 285,013285.0k $18.1m $18.1m 1.48% Reduced -1.7k -1,669
62 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 284,525284.5k $18.1m $18.1m 0.00% Reduced -60.9k -60,920
63 Legal & General Group Plc 0.00% of their portfolio London, X0 280,050280.1k $17.8m $17.8m 0.00% Reduced -11.3k -11,342
64 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 273,210273.2k $17.4m $17.4m 0.00% Reduced -156.5k -156,520
65 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 263,586263.6k $16.8m $16.8m 0.02% New
66 Russell Investments Group, Ltd. 0.02% of their portfolio Seattle, WA 260,149260.1k $16.6m $16.6m 0.02% Reduced -218.6k -218,579
67 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 259,268259.3k $16.5m $16.5m 0.01% Added +7.1k +7,062
68 VALUEWORKS LLC 4.78% of their portfolio NEW YORK, NY 258,260258.3k $16.4m $16.4m 4.78% Reduced -2.2k -2,229
69 HUNTINGTON NATIONAL BANK 0.10% of their portfolio COLUMBUS, OH 251,466251.5k $16.0m $16.0m 0.10% Reduced -165 -165
70 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 238,023238.0k $15.2m $15.2m 0.02% Added +133.5k +133,510
71 Gotham Asset Management, LLC 0.07% of their portfolio NEW YORK, NY 234,948234.9k $15.0m $15.0m 0.07% Added +50.9k +50,911
72 TORONTO DOMINION BANK 0.03% of their portfolio TORONTO, ONTARIO, A6 229,801229.8k $14.6m $14.6m 0.03% New
73 Marathon Asset Management Ltd 0.52% of their portfolio London, X0 221,772221.8k $14.2m $14.2m 0.52% Reduced -79.4k -79,430
74 Cannell & Spears LLC 0.25% of their portfolio NEW YORK, NY 211,300211.3k $13.4m $13.4m 0.25% Reduced -153.6k -153,618
75 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 210,227210.2k $13.4m $13.4m 0.01% Added +185.2k +185,235
76 Swiss National Bank 0.01% of their portfolio ZURICH, V8 205,800205.8k $13.1m $13.1m 0.01% Added +3.0k +3,000
77 PICTON MAHONEY ASSET MANAGEMENT 0.16% of their portfolio Toronto, A6 200,000200.0k $12.7m $12.7m 0.16% New
78 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 198,824198.8k $12.7m $12.7m 0.01% Added +28.4k +28,448
79 Gagnon Advisors, LLC 7.72% of their portfolio New York, NY 196,479196.5k $12.5m $12.5m 7.72% Unchanged
80 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 194,636194.6k $12.4m $12.4m 0.01% Reduced -36.8k -36,782
81 Schonfeld Strategic Advisors LLC 0.08% of their portfolio NEW YORK, NY 188,054188.1k $12.0m $12.0m 0.08% New
82 GABELLI & Co INVESTMENT ADVISERS, INC. 1.87% of their portfolio Rye, NY 183,356183.4k $11.7m $11.7m 1.87% New
83 GLAZER CAPITAL, LLC 0.38% of their portfolio New York, NY 178,496178.5k $11.4m $11.4m 0.38% New
84 Parkside Investments, LLC 1.34% of their portfolio DEERFIELD, IL 168,946168.9k $10.8m $10.8m 1.34% Reduced -10.5k -10,468
85 WINTON GROUP Ltd 0.40% of their portfolio LONDON, X0 167,825167.8k $10.7m $10.7m 0.40% Added +143.4k +143,357
86 TIG Advisors, LLC 0.65% of their portfolio New York, NY 164,524164.5k $10.5m $10.5m 0.65% New
87 Westchester Capital Management, LLC 0.51% of their portfolio VALHALLA, NY 153,700153.7k $9.8m $9.8m 0.51% New
88 Alberta Investment Management Corp 0.07% of their portfolio EDMONTON, A0 150,000150.0k $9.5m $9.5m 0.07% New
89 REGIONS FINANCIAL CORP 0.03% of their portfolio BIRMINGHAM, AL 149,970150.0k $9.5m $9.5m 0.03% Added +75.2k +75,214
90 Amundi 0.00% of their portfolio Paris, I0 149,765149.8k $9.5m $9.5m 0.00% Added +57.4k +57,402
91 Slotnik Capital, LLC 3.33% of their portfolio DALLAS, TX 145,000145.0k $9.2m $9.2m 3.33% New
92 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 143,277143.3k $9.1m $9.1m 0.01% Reduced -1.1k -1,063
93 Point72 Asia (Singapore) Pte. Ltd. 1.30% of their portfolio SINGAPORE, U0 131,762131.8k $8.4m $8.4m 1.30% New
94 Villanova Investment Management Co LLC 5.78% of their portfolio WAYNE, PA 131,138131.1k $8.3m $8.3m 5.78% Added +35.3k +35,331
95 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.04% of their portfolio HARRISBURG, PA 123,282123.3k $7.8m $7.8m 0.04% Added +96.6k +96,598
96 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 120,835120.8k $7.7m $7.7m 0.01% Reduced -187.2k -187,202
97 Quantinno Capital Management LP 0.02% of their portfolio NEW YORK, NY 118,711118.7k $7.6m $7.6m 0.02% Reduced -14.7k -14,733
98 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 113,668113.7k $7.2m $7.2m 0.01% Reduced -1.4k -1,404
99 SOROS FUND MANAGEMENT LLC 0.11% of their portfolio NEW YORK, NY 113,278113.3k $7.2m $7.2m 0.11% New
100 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 112,007112.0k $7.1m $7.1m 0.01% Added +4.5k +4,471