AMERICAN AXLE & MFG HLDGS IN DCH
COM · Common Stock · CUSIP 024061103
Manufacturer of automobile driveline and drivetrain components and systems
* 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 ($4.1m this quarter). Holder counts are more reliable. Shares outstanding: 117.1m as of 2023-10-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $7.32. Options: 15 managers hold calls ($35.0m notional), 14 hold puts ($10.5m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 214 |
| Q4 2022 | 220 |
| Q1 2023 | 209 |
| Q2 2023 | 209 |
| Q3 2023 | 212 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 102 | 102 |
| Q1 2023 | 89 | 104 |
| Q2 2023 | 87 | 95 |
| Q3 2023 | 100 | 96 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $32.8m | $13.0m | 0.40 |
| Q1 2023 | $21.9m | $9.8m | 0.45 |
| Q2 2023 | $22.5m | $10.6m | 0.47 |
| Q3 2023 | $35.0m | $10.5m | 0.30 |
Biggest buyers
| BARCLAYS PLC | Added | +942.2k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +737.8k |
| Assenagon Asset Management S.A. | New | +701.8k |
| MORGAN STANLEY | Added | +685.9k |
| S&T Bank/PA | Added | +665.6k |
| DIMENSIONAL FUND ADVISORS LP | Added | +506.1k |
| Boston Partners | New | +390.2k |
| Squarepoint Ops LLC | Added | +358.3k |
| GOLDMAN SACHS GROUP INC | Added | +290.6k |
| AMERICAN CENTURY COMPANIES INC | Added | +243.9k |
Biggest sellers
| FMR LLC | Reduced | -579.7k |
| Penn Capital Management Company, LLC | Reduced | -325.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -268.8k |
| TWO SIGMA INVESTMENTS, LP | Sold out | -252.5k |
| NEW YORK STATE COMMON RETIREMENT FUND | Reduced | -241.7k |
| CITADEL ADVISORS LLC | Reduced | -221.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Reduced | -208.2k |
| HITE Hedge Asset Management LLC | Reduced | -175.8k |
| Jump Financial, LLC | Reduced | -170.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Sold out | -153.6k |
Biggest calls
| BANK OF AMERICA CORP /DE/ | Added | $13.0m1.8m shares |
| Lombard Odier Asset Management (USA) Corp | Added | $6.7m921.4k shares |
| CITADEL ADVISORS LLC | Added | $3.2m435.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.3m311.9k shares |
| SIMPLEX TRADING, LLC | Added | $1.9m261.6k shares |
| WOLVERINE TRADING, LLC | Added | $1.8m251.9k shares |
| ExodusPoint Capital Management, LP | New | $1.8m250.0k shares |
| GROUP ONE TRADING LLC | Added | $1.4m190.2k shares |
| MILLENNIUM MANAGEMENT LLC | New | $731.1k100.7k shares |
| Caption Management, LLC | New | $726.0k100.0k shares |
Biggest puts
| Squarepoint Ops LLC | New | $2.4m332.5k shares |
| CITADEL ADVISORS LLC | Reduced | $2.2m297.6k shares |
| BANK OF AMERICA CORP /DE/ | Unchanged | $1.5m200.0k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $887.9k122.3k shares |
| P SCHOENFELD ASSET MANAGEMENT LP | New | $810.9k111.7k shares |
| Lombard Odier Asset Management (USA) Corp | Unchanged | $726.0k100.0k shares |
| PEAK6 Investments LLC | Reduced | $683.9k94.2k shares |
| WOLVERINE TRADING, LLC | Reduced | $584.4k80.5k shares |
| Walleye Trading LLC | Reduced | $402.2k55.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $288.2k39.7k 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.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution -1.1 pts · filed 2025-10-17 | 14.1% |
| DME Capital Management, LP 13G · institution new · filed 2026-08-14 | 5.2% |
Fell to 5% or below in the last year: FMR LLC (4.3%, 2026-05-06), DIMENSIONAL FUND ADVISORS LP (3.4%, 2026-04-09), VANGUARD GROUP INC (0.0%, 2026-03-26), MILLENNIUM MANAGEMENT LLC (0.7%, 2026-02-06)
Insider purchases and sales in Q3 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 2 | $799.2k | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 1 | $320.0k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-08-09 | Kemp Terri M. Senior VP Human Resources | Sold | $320.0k40.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 18.1m $131.7m | Reduced -141.9k |
| VANGUARD GROUP INC 0.00% of their portfolio | 14.0m $101.3m | Added +144.5k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 7.2m $52.3m | Added +506.1k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.16% of their portfolio | 5.9m $43.0m | Added +110.7k |
| STATE STREET CORP 0.00% of their portfolio | 4.5m $32.8m | Added +4.4k |
| FMR LLC 0.00% of their portfolio | 4.1m $29.8m | Reduced -579.7k |
| LSV ASSET MANAGEMENT 0.07% of their portfolio | 3.9m $28.0m | Reduced -129.3k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.14% of their portfolio | 3.4m $24.4m | Reduced -54.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.9m $21.0m | Added +196.5k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.8m $20.4m | Added +290.6k |
| MORGAN STANLEY 0.00% of their portfolio | 2.4m $17.5m | Added +685.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.3m $17.0m | Added +132.1k |
| Invesco Ltd. 0.00% of their portfolio | 2.2m $16.1m | Added +65.1k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 1.9m $13.5m | Added +243.9k |
| S&T Bank/PA 3.60% of their portfolio | 1.7m $18.7m | Added +665.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.4m $10.4m | Added +8.9k |
| Penn Capital Management Company, LLC 1.04% of their portfolio | 1.4m $10.1m | Reduced -325.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.2m $9.0m | Added +8.4k |
| Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio | 1.2m $8.8m | Added +204.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 1.2m $8.7m | Added +737.8k |
| BARCLAYS PLC 0.01% of their portfolio | 1.1m $8.1m | Added +942.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 1.1m $7.7m | Reduced -241.7k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.18% of their portfolio | 1.0m $7.6m | Added +35.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.0m $7.6m | Reduced -37.2k |
| Smith, Graham & Co., Investment Advisors, LP 0.86% of their portfolio | 956.0k $6.9m | Reduced -8.9k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 950.0k $6.9m | Added +194.9k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 924.3k $6.7m | Reduced -67.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.04% of their portfolio | 910.0k $6.6m | Reduced -208.2k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.04% of their portfolio | 871.9k $6.3m | Added +200 |
| NORGES BANK 0.00% of their portfolio | 869.8k $6.3m | Added +64.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 831.6k $6.0m | Reduced -131.4k |
| Lombard Odier Asset Management (USA) Corp 1.01% of their portfolio | 811.3k $5.9m | Added +29.3k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 734.5k $5.3m | Reduced -114.9k |
| HITE Hedge Asset Management LLC 0.57% of their portfolio | 728.9k $5.3m | Reduced -175.8k |
| Assenagon Asset Management S.A. 0.02% of their portfolio | 701.8k $5.1m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 631.5k $4.6m | Reduced -34.1k |
| GREAT LAKES ADVISORS, LLC 0.04% of their portfolio | 621.6k $4.5m | Reduced -1.9k |
| WHITEBOX ADVISORS LLC 0.22% of their portfolio | 612.1k $4.4m | Added +107.1k |
| Mariner, LLC 0.01% of their portfolio | 513.5k $3.7m | Reduced -137.3k |
| Mill Road Capital Management LLC 1.89% of their portfolio | 494.6k $3.6m | Added +123.7k |
| Empowered Funds, LLC 0.09% of their portfolio | 434.2k $3.2m | Added +35.7k |
| Squarepoint Ops LLC 0.01% of their portfolio | 412.3k $3.0m | Added +358.3k |
| Boston Partners 0.00% of their portfolio | 390.2k $2.8m | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 386.0k $2.8m | Reduced -5.0k |
| Legal & General Group Plc 0.00% of their portfolio | 323.5k $2.3m | Reduced -6.0k |
| Miller Value Partners, LLC 1.46% of their portfolio | 319.2k $2.3m | Reduced -69.4k |
| Swiss National Bank 0.00% of their portfolio | 257.3k $1.9m | Added +2.9k |
| Rockefeller Capital Management L.P. 0.01% of their portfolio | 255.5k $1.9m | Reduced -46.4k |
| ALGERT GLOBAL LLC 0.09% of their portfolio | 254.5k $1.8m | Added +193.4k |
| READYSTATE ASSET MANAGEMENT LP 0.15% of their portfolio | 250.5k $1.8m | Added +23.9k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 218.0k $1.6m | Added +70.9k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 206.5k $1.5m | Reduced -15.2k |
| PUTNAM INVESTMENTS LLC 0.00% of their portfolio | 176.5k $1.3m | Reduced -1.5k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 167.6k $1.2m | Reduced -4.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 167.0k $1.2m | Reduced -48.9k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 166.2k $1.2m | Reduced -101.7k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 165.9k $1.2m | New |
| PEAK6 Investments LLC 0.06% of their portfolio | 161.1k $1.2m | Added +109.8k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 154.9k $1.1m | Reduced -627 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 154.3k $1.1m | Added +2.8k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 151.7k $1.1m | Added +25.7k |
| Amundi 0.00% of their portfolio | 149.8k $1.1m | Added +7.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 145.2k $1.1m | Reduced -3.8k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 144.7k $1.1m | Reduced -63.0k |
| PDT Partners, LLC 0.12% of their portfolio | 134.7k $978.0k | New |
| JB CAPITAL PARTNERS LP 0.24% of their portfolio | 132.5k $962.0k | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 128.6k $933.3k | Reduced -12.2k |
| WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio | 122.2k $886.8k | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 120.5k $874.7k | Added +7.2k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 118.2k $858.0k | Reduced -4.9k |
| JENNISON ASSOCIATES LLC 0.00% of their portfolio | 117.4k $852.6k | Added +2.6k |
| Alberta Investment Management Corp 0.01% of their portfolio | 116.6k $846.5k | Unchanged |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 115.3k $837.0k | Added +12.1k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 114.2k $829.0k | Unchanged |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 112.0k $812.9k | Added +330 |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 105.5k $765.8k | Added +17.8k |
| Ziegler Capital Management, LLC 0.03% of their portfolio | 105.3k $764.5k | Reduced -686 |
| MARTINGALE ASSET MANAGEMENT L P 0.02% of their portfolio | 103.0k $748.1k | Added +69.7k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 99.8k $724.9k | Reduced -28.5k |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 99.5k $722.6k | Added +20.6k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.01% of their portfolio | 99.4k $721.4k | Reduced -14.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 99.0k $718.4k | New |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 95.4k $692.3k | Added +76.2k |
| Trexquant Investment LP 0.02% of their portfolio | 92.6k $672.4k | New |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 91.5k $664.2k | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 82.3k $597.4k | Reduced -268.8k |
| COMERICA BANK 0.00% of their portfolio | 80.7k $585.7k | New |
| SummerHaven Investment Management, LLC 0.43% of their portfolio | 80.1k $581.7k | Reduced -4.8k |
| TCW GROUP INC 0.01% of their portfolio | 79.3k $575.5k | Reduced -31.9k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio | 78.3k $568.2k | Reduced -54.0k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 73.9k $536.7k | Reduced -221.5k |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.07% of their portfolio | 73.1k $531.0k | Reduced -85.4k |
| STRS OHIO 0.00% of their portfolio | 73.0k $529.0k | Reduced -1.4k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 73.0k $529.0k | Reduced -4.0k |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 66.3k $481.0k | New |
| UBS Group AG 0.00% of their portfolio | 65.2k $473.7k | Reduced -49.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 65.2k $473.3k | Added +8.8k |
| SG Americas Securities, LLC 0.01% of their portfolio | 62.9k $457.0k | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 62.8k $456.0k | Added +1.3k |
| CITIGROUP INC 0.00% of their portfolio | 61.9k $449.4k | Reduced -52.9k |