Vault-13

AIR LEASE CORP AL

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

464 institutional holders +1 vs Q3 2025
103,870,813103.9m shares reported held*
$6.7bnreported value*
56 new 135 added 176 reduced 74 sold out net bought ≈ $151.9m (+2.4m 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 ($12.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $64.23. Options: 6 managers hold calls ($17.2m notional), 4 hold puts ($240.7k).

Trends to Q4 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: 463Q4 25: 464464Q3 22Q2 23Q1 24Q4 24Q4 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
Q4 2025464

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 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 25Q3 25: 223 bought or addedQ3 25: 239 cut or sold outQ4 25: 191 bought or addedQ4 25: 250 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024199162
Q2 2024167171
Q3 2024165172
Q4 2024163157
Q1 2025186158
Q2 2025230184
Q3 2025223239
Q4 2025191250

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ1 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 0.16Q4 25 calls: $17.2mQ4 25 puts: $240.7kQ4 25P/C 0.01
Numbers
QuarterCallsPutsP/C
Q1 2025$11.8m$7.1m0.60
Q2 2025$44.8m$16.0m0.36
Q3 2025$19.6m$3.2m0.16
Q4 2025$17.2m$240.7k0.01

Biggest buyers

TWO SIGMA ADVISERS, LP Added +2,247,800+2.2m
GLAZER CAPITAL, LLC Added +2,236,473+2.2m
OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) Added +2,222,043+2.2m
UBS Group AG Added +2,056,637+2.1m
TWO SIGMA INVESTMENTS, LP Added +1,896,425+1.9m
HBK INVESTMENTS L P Added +1,852,260+1.9m
Qube Research & Technologies Ltd Added +1,497,961+1.5m
ALPINE ASSOCIATES MANAGEMENT INC. Added +1,070,853+1.1m
SOROS FUND MANAGEMENT LLC Added +996,015+996.0k
KRYGER CAPITAL Ltd New +860,598+860.6k

Biggest sellers

DIMENSIONAL FUND ADVISORS LP Reduced -2,807,673-2.8m
EARNEST PARTNERS LLC Reduced -1,759,534-1.8m
Capital Research Global Investors Sold out -1,625,000-1.6m
BlackRock, Inc. Reduced -1,016,887-1.0m
Allspring Global Investments Holdings, LLC Sold out -824,867-824.9k
Invesco Ltd. Reduced -809,760-809.8k
COOKE & BIELER LP Sold out -719,812-719.8k
REINHART PARTNERS, LLC. Sold out -679,191-679.2k
MOORE CAPITAL MANAGEMENT, LP Reduced -633,280-633.3k
AMERICAN CENTURY COMPANIES INC Reduced -624,054-624.1k

Biggest calls

Schonfeld Strategic Advisors LLC Added $6.4m100.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.6m55.9k shares
Caption Management, LLC Reduced $3.2m50.0k shares
CITIGROUP INC Unchanged $3.0m47.1k shares
GROUP ONE TRADING LLC Reduced $918.5k14.3k shares
FNY Investment Advisers, LLC New $1.0k21 shares

Biggest puts

SIMPLEX TRADING, LLC Reduced $160.6k2.5k shares
CSS LLC/IL New $70.7k1.1k shares
GROUP ONE TRADING LLC Reduced $6.4k100 shares
FNY Investment Advisers, LLC New $3.0k53 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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.01% of their portfolio New York, NY 12,484,61712.5m $801.9m $801.9m 0.01% Reduced -1.0m -1,016,887
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 11,424,77211.4m $733.8m $733.8m 0.01% Reduced -124.7k -124,673
3 HBK INVESTMENTS L P 3.20% of their portfolio DALLAS, TX 4,602,2604.6m $295.6m $295.6m 3.20% Added +1.9m +1,852,260
4 FIL Ltd 0.22% of their portfolio HAMILTON, D0 4,470,6014.5m $287.1m $287.1m 0.22% Unchanged
5 DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio AUSTIN, TX 3,783,7143.8m $243.0m $243.0m 0.05% Reduced -2.8m -2,807,673
6 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 3,345,9153.3m $215.7m $215.7m 0.01% Reduced -59.2k -59,163
7 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 5.21% of their portfolio CHICAGO, IL 3,039,4533.0m $195.2m $195.2m 5.21% Added +2.2m +2,222,043
8 AMERICAN CENTURY COMPANIES INC 0.09% of their portfolio KANSAS CITY, MO 2,927,4102.9m $188.0m $188.0m 0.09% Reduced -624.1k -624,054
9 UBS Group AG 0.04% of their portfolio ZURICH, V8 2,818,6672.8m $181.0m $181.0m 0.04% Added +2.1m +2,056,637
10 AQR CAPITAL MANAGEMENT LLC 0.08% of their portfolio Greenwich, CT 2,477,2642.5m $159.1m $159.1m 0.08% Added +193.8k +193,772
11 GLAZER CAPITAL, LLC 4.08% of their portfolio New York, NY 2,414,9692.4m $155.1m $155.1m 4.08% Added +2.2m +2,236,473
12 TWO SIGMA ADVISERS, LP 0.29% of their portfolio NEW YORK, NY 2,343,4002.3m $150.5m $150.5m 0.29% Added +2.2m +2,247,800
13 Pentwater Capital Management LP 1.04% of their portfolio Naples, FL 2,240,0002.2m $143.9m $143.9m 1.04% Added +40.0k +40,000
14 TWO SIGMA INVESTMENTS, LP 0.20% of their portfolio NEW YORK, NY 2,134,4482.1m $137.1m $137.1m 0.20% Added +1.9m +1,896,425
15 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,883,4501.9m $121.0m $121.0m 0.01% Added +144.8k +144,776
16 Qube Research & Technologies Ltd 0.16% of their portfolio LONDON, X0 1,761,5471.8m $113.1m $113.1m 0.16% Added +1.5m +1,497,961
17 Magnetar Financial LLC 1.00% of their portfolio EVANSTON, IL 1,586,8001.6m $101.9m $101.9m 1.00% Added +7.3k +7,315
18 AQR Arbitrage LLC 2.01% of their portfolio Greenwich, CT 1,485,2091.5m $95.4m $95.4m 2.01% Added +476.6k +476,571
19 NORGES BANK 0.01% of their portfolio OSLO, Q8 1,333,0701.3m $85.6m $85.6m 0.01% Not comparable
20 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,194,2421.2m $76.7m $76.7m 0.01% Added +4.1k +4,063
21 ALPINE ASSOCIATES MANAGEMENT INC. 4.84% of their portfolio PALM BEACH, FL 1,118,6561.1m $71.9m $71.9m 4.84% Added +1.1m +1,070,853
22 SOROS FUND MANAGEMENT LLC 0.96% of their portfolio NEW YORK, NY 1,109,2931.1m $71.2m $71.2m 0.96% Added +996.0k +996,015
23 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 942,431942.4k $60.5m $60.5m 0.00% Added +3.2k +3,189
24 KRYGER CAPITAL Ltd 4.27% of their portfolio LONDON, X0 860,598860.6k $55.3m $55.3m 4.27% New
25 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 843,123843.1k $54.2m $54.2m 0.00% Reduced -465.1k -465,081
26 NEXPOINT ASSET MANAGEMENT, L.P. 3.42% of their portfolio Dallas, TX 764,898764.9k $49.1m $49.1m 3.42% Unchanged
27 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 751,464751.5k $48.3m $48.3m 0.01% Reduced -516.7k -516,654
28 TORONTO DOMINION BANK 0.08% of their portfolio TORONTO, ONTARIO, A6 699,656699.7k $44.9m $44.9m 0.08% Added +469.9k +469,855
29 Squarepoint Ops LLC 0.09% of their portfolio NEW YORK, NY 696,190696.2k $44.7m $44.7m 0.09% Added +622.3k +622,332
30 TIG Advisors, LLC 2.00% of their portfolio New York, NY 645,058645.1k $41.4m $41.4m 2.00% Added +480.5k +480,534
31 PICTON MAHONEY ASSET MANAGEMENT 0.45% of their portfolio Toronto, A6 642,725642.7k $41.3m $41.3m 0.45% Added +442.7k +442,725
32 Copeland Capital Management, LLC 0.87% of their portfolio Conshohocken, PA 604,892604.9k $38.9m $38.9m 0.87% Reduced -537.3k -537,279
33 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 575,869575.9k $37.0m $37.0m 0.01% Reduced -345.4k -345,431
34 LMR Partners LLP 0.35% of their portfolio LONDON, X0 564,090564.1k $36.2m $36.2m 0.35% Added +514.1k +514,090
35 Sagefield Capital LP 2.81% of their portfolio DALLAS, TX 516,695516.7k $33.2m $33.2m 2.81% Added +447.8k +447,795
36 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 504,011504.0k $32.4m $32.4m 0.00% Reduced -413.9k -413,930
37 PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio DES MOINES, IA 501,123501.1k $32.2m $32.2m 0.02% Reduced -102.5k -102,529
38 GAGNON SECURITIES LLC 6.50% of their portfolio New York, NY 496,957497.0k $31.9m $31.9m 6.50% Reduced -108.7k -108,661
39 LAKEWOOD CAPITAL MANAGEMENT, LP 2.17% of their portfolio New York, NY 485,878485.9k $31.2m $31.2m 2.17% Unchanged
40 COBALT CAPITAL MANAGEMENT, INC. 12.79% of their portfolio SHORT HILLS, NJ 450,000450.0k $28.9m $28.9m 12.79% Reduced -50.0k -50,000
41 Alberta Investment Management Corp 0.17% of their portfolio EDMONTON, A0 450,000450.0k $28.9m $28.9m 0.17% Added +300.0k +300,000
42 M3F, Inc. 7.91% of their portfolio SALT LAKE CITY, UT 448,401448.4k $28.8m $28.8m 7.91% Reduced -19.5k -19,500
43 Absolute Gestao de Investimentos Ltda. 3.01% of their portfolio SAO PAULO, D5 446,067446.1k $28.7m $28.7m 3.01% New
44 Gotham Asset Management, LLC 0.10% of their portfolio NEW YORK, NY 429,626429.6k $27.6m $27.6m 0.10% Added +194.7k +194,678
45 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 413,028413.0k $26.5m $26.5m 0.02% Added +292.2k +292,193
46 Barton Investment Management 2.79% of their portfolio WEST CONSHOHOCKEN, PA 403,246403.2k $25.9m $25.9m 2.79% Reduced -70.0k -69,971
47 Holocene Advisors, LP 0.05% of their portfolio New York, NY 390,605390.6k $25.1m $25.1m 0.05% New
48 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 379,656379.7k $24.4m $24.4m 0.00% Reduced -809.8k -809,760
49 Public Sector Pension Investment Board 0.08% of their portfolio MONTREAL, A8 374,815374.8k $24.1m $24.1m 0.08% Reduced -35.0k -34,980
50 Grantham, Mayo, Van Otterloo & Co. LLC 0.06% of their portfolio Boston, MA 349,903349.9k $22.5m $22.5m 0.06% Added +239.0k +239,010
51 Westchester Capital Management, LLC 1.01% of their portfolio VALHALLA, NY 334,421334.4k $21.5m $21.5m 1.01% Added +180.7k +180,721
52 GABELLI FUNDS LLC 0.14% of their portfolio Rye, NY 313,617313.6k $20.1m $20.1m 0.14% Reduced -5.3k -5,263
53 WATER ISLAND CAPITAL LLC 2.34% of their portfolio NEW YORK, NY 298,440298.4k $19.2m $19.2m 2.34% Reduced -2.2k -2,237
54 Verition Fund Management LLC 0.10% of their portfolio GREENWICH, CT 295,409295.4k $19.0m $19.0m 0.10% Reduced -110.0k -110,024
55 Kopernik Global Investors, LLC 1.46% of their portfolio TAMPA, FL 285,013285.0k $18.3m $18.3m 1.46% Unchanged
56 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 278,231278.2k $17.9m $17.9m 0.00% Reduced -198.9k -198,896
57 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 274,674274.7k $17.6m $17.6m 0.00% Reduced -541.0k -540,980
58 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 272,848272.8k $17.5m $17.5m 0.01% Reduced -157.6k -157,567
59 Legal & General Group Plc 0.00% of their portfolio London, X0 270,072270.1k $17.3m $17.3m 0.00% Reduced -10.0k -9,978
60 MARSHALL WACE, LLP 0.02% of their portfolio LONDON, X0 255,140255.1k $16.4m $16.4m 0.02% Added +44.9k +44,913
61 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 254,660254.7k $16.4m $16.4m 0.01% Added +60.0k +60,024
62 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 253,960254.0k $16.3m $16.3m 0.01% Reduced -5.3k -5,308
63 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 252,128252.1k $16.2m $16.2m 0.00% Reduced -21.1k -21,082
64 HUNTINGTON NATIONAL BANK 0.10% of their portfolio COLUMBUS, OH 251,456251.5k $16.2m $16.2m 0.10% Reduced -10 -10
65 ROYCE & ASSOCIATES LP 0.16% of their portfolio New York, NY 247,812247.8k $15.9m $15.9m 0.16% Reduced -120.9k -120,867
66 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 244,448244.4k $15.7m $15.7m 0.01% Added +198.5k +198,548
67 Capula Management Ltd 0.10% of their portfolio Grand Cayman, E9 243,831243.8k $15.7m $15.7m 0.10% Not comparable
68 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.03% of their portfolio TORONTO, A6 232,000232.0k $14.9m $14.9m 0.03% Added +157.0k +157,000
69 SG Americas Securities, LLC 0.02% of their portfolio NEW YORK, NY 222,007222.0k $14.3m $14.3m 0.02% Added +213.8k +213,767
70 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 216,087216.1k $13.9m $13.9m 0.00% Reduced -69.4k -69,432
71 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.47% of their portfolio BALA CYNWYD, PA 212,586212.6k $13.7m $13.7m 0.47% Added +100.9k +100,889
72 Swiss National Bank 0.01% of their portfolio ZURICH, V8 211,700211.7k $13.6m $13.6m 0.01% Added +5.9k +5,900
73 GABELLI & Co INVESTMENT ADVISERS, INC. 2.04% of their portfolio Rye, NY 211,456211.5k $13.6m $13.6m 2.04% Added +28.1k +28,100
74 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 208,485208.5k $13.4m $13.4m 0.01% Added +9.7k +9,661
75 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 199,326199.3k $12.4m $12.4m 0.01% Added +87.3k +87,319
76 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 197,397197.4k $12.7m $12.7m 0.00% Reduced -87.1k -87,128
77 Gagnon Advisors, LLC 8.01% of their portfolio New York, NY 196,479196.5k $12.6m $12.6m 8.01% Unchanged
78 Point72 Asset Management, L.P. 0.02% of their portfolio STAMFORD, CT 195,306195.3k $12.5m $12.5m 0.02% New
79 WINTON GROUP Ltd 0.43% of their portfolio LONDON, X0 192,435192.4k $12.4m $12.4m 0.43% Added +24.6k +24,610
80 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.06% of their portfolio HARRISBURG, PA 176,009176.0k $11.3m $11.3m 0.06% Added +52.7k +52,727
81 Marathon Asset Management Ltd 0.43% of their portfolio London, X0 175,295175.3k $11.3m $11.3m 0.43% Reduced -46.5k -46,477
82 Quantinno Capital Management LP 0.02% of their portfolio NEW YORK, NY 171,254171.3k $11.0m $11.0m 0.02% Added +52.5k +52,543
83 VALUEWORKS LLC 2.69% of their portfolio NEW YORK, NY 159,231159.2k $10.2m $10.2m 2.69% Reduced -99.0k -99,029
84 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 159,067159.1k $10.2m $10.2m 0.01% Reduced -304.9k -304,906
85 Parkside Investments, LLC 1.28% of their portfolio DEERFIELD, IL 158,791158.8k $10.2m $10.2m 1.28% Reduced -10.2k -10,155
86 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 158,121158.1k $10.2m $10.2m 0.01% Added +54.3k +54,290
87 BANK OF NOVA SCOTIA 0.01% of their portfolio TORONTO, A6 157,000157.0k $10.1m $10.1m 0.01% Added +142.0k +142,000
88 MUFG Securities EMEA plc 0.12% of their portfolio LONDON, X0 155,000155.0k $10.0m $10.0m 0.12% New
89 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 154,785154.8k $9.9m $9.9m 0.00% Reduced -491.5k -491,542
90 Arvin Capital Management LP 2.09% of their portfolio AUSTIN, TX 151,059151.1k $9.7m $9.7m 2.09% Reduced -196.6k -196,605
91 Jump Financial, LLC 0.12% of their portfolio Chicago, IL 145,136145.1k $9.3m $9.3m 0.12% Added +64.8k +64,836
92 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 140,941140.9k $9.1m $9.1m 0.01% Reduced -119.2k -119,208
93 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio CHICAGO, IL 139,279139.3k $8.9m $8.9m 0.02% Reduced -209.0k -209,026
94 New York Life Investment Management LLC 0.07% of their portfolio New York, NY 131,587131.6k $8.5m $8.5m 0.07% New
95 W1M Asset Management Ltd 0.09% of their portfolio London, X0 130,591130.6k $8.4m $8.4m 0.09% New
96 Carmignac Gestion 0.11% of their portfolio PARIS, I0 125,849125.8k $8.1m $8.1m 0.11% New
97 Cannell & Spears LLC 0.14% of their portfolio NEW YORK, NY 118,079118.1k $7.6m $7.6m 0.14% Reduced -93.2k -93,221
98 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 111,012111.0k $7.1m $7.1m 0.00% Added +45.1k +45,123
99 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 110,132110.1k $7.1m $7.1m 0.01% Reduced -3.5k -3,536
100 MOORE CAPITAL MANAGEMENT, LP 0.14% of their portfolio NEW YORK, NY 110,000110.0k $7.1m $7.1m 0.14% Reduced -633.3k -633,280