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 ($7.2m this quarter). Holder counts are more reliable. Shares outstanding: 117.6m as of 2024-04-30, 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 ≈ $7.36. Options: 11 managers hold calls ($8.5m notional), 9 hold puts ($5.4m).
Trends to Q1 2024
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 |
| Q4 2023 | 211 |
| Q1 2024 | 228 |
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 |
| Q4 2023 | 74 | 128 |
| Q1 2024 | 100 | 114 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $22.5m | $10.6m | 0.47 |
| Q3 2023 | $35.0m | $10.5m | 0.30 |
| Q4 2023 | $14.5m | $7.4m | 0.51 |
| Q1 2024 | $8.5m | $5.4m | 0.63 |
Biggest buyers
| MORGAN STANLEY | Added | +2.1m |
| SONA ASSET MANAGEMENT (US) LLC | New | +965.0k |
| MILLENNIUM MANAGEMENT LLC | New | +900.0k |
| HRT FINANCIAL LP | New | +891.9k |
| Dana Investment Advisors, Inc. | New | +866.9k |
| BANK OF AMERICA CORP /DE/ | Added | +854.4k |
| TWO SIGMA INVESTMENTS, LP | New | +836.9k |
| CITADEL ADVISORS LLC | Added | +770.2k |
| Empowered Funds, LLC | Added | +496.7k |
| WHITEBOX ADVISORS LLC | Added | +468.6k |
Biggest sellers
| Pacer Advisors, Inc. | Sold out | -8.9m |
| FMR LLC | Reduced | -3.7m |
| GOLDMAN SACHS GROUP INC | Reduced | -1.3m |
| Penn Capital Management Company, LLC | Sold out | -1.3m |
| LSV ASSET MANAGEMENT | Reduced | -933.5k |
| NEW YORK STATE COMMON RETIREMENT FUND | Reduced | -897.9k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -460.3k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Reduced | -393.4k |
| VANGUARD GROUP INC | Reduced | -344.5k |
| Assenagon Asset Management S.A. | Reduced | -245.5k |
Biggest calls
| Lombard Odier Asset Management (USA) Corp | Added | $2.7m372.4k shares |
| GROUP ONE TRADING LLC | Added | $1.9m254.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.7m224.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $877.0k119.2k shares |
| CITADEL ADVISORS LLC | Reduced | $565.2k76.8k shares |
| Walleye Trading LLC | Reduced | $359.2k48.8k shares |
| JANE STREET GROUP, LLC | Reduced | $186.9k25.4k shares |
| CSS LLC/IL | New | $110.4k15.0k shares |
| GTS SECURITIES LLC | Added | $100.8k13.7k shares |
| Walleye Capital LLC | New | $69.9k9.5k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $1.7m231.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.4m190.5k shares |
| Lombard Odier Asset Management (USA) Corp | Unchanged | $736.0k100.0k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $515.2k70.0k shares |
| PEAK6 Investments LLC | Reduced | $482.1k65.5k shares |
| JANE STREET GROUP, LLC | Reduced | $224.5k30.5k shares |
| GROUP ONE TRADING LLC | Added | $202.4k27.5k shares |
| SIMPLEX TRADING, LLC | Added | $105.0k14.4k 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.
| 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 Q1 2024
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 |
|---|---|---|---|---|---|
| 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 | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
None reported in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 18.9m $139.0m | Reduced -237.4k |
| VANGUARD GROUP INC 0.00% of their portfolio | 13.8m $101.6m | Reduced -344.5k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 8.0m $59.1m | Added +363.1k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.14% of their portfolio | 5.8m $42.8m | Reduced -44.3k |
| MORGAN STANLEY 0.00% of their portfolio | 5.5m $40.8m | Added +2.1m |
| STATE STREET CORP 0.00% of their portfolio | 4.8m $35.4m | Added +39.8k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.11% of their portfolio | 3.3m $24.5m | Added +90.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 2.9m $21.6m | Reduced -143.1k |
| Invesco Ltd. 0.00% of their portfolio | 2.8m $20.3m | Added +367.0k |
| TOWLE & CO 2.32% of their portfolio | 2.7m $19.8m | Reduced -67.9k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 2.5m $18.3m | Added +369.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.5m $18.3m | Added +30.5k |
| Sequoia Financial Advisors, LLC 0.18% of their portfolio | 1.9m $14.1m | Added +304.8k |
| LSV ASSET MANAGEMENT 0.03% of their portfolio | 1.7m $12.2m | Reduced -933.5k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.21% of their portfolio | 1.4m $10.5m | Added +386.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.4m $10.4m | Added +854.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.2m $8.7m | Reduced -47.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 1.2m $8.7m | Added +98.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.2m $8.5m | Reduced -1.3m |
| WHITEBOX ADVISORS LLC 0.31% of their portfolio | 1.1m $8.1m | Added +468.6k |
| Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio | 1.0m $7.8m | Reduced -58.0k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 1.0m $7.6m | Added +770.2k |
| SONA ASSET MANAGEMENT (US) LLC 0.62% of their portfolio | 965.0k $7.1m | New |
| Empowered Funds, LLC 0.06% of their portfolio | 923.5k $6.8m | Added +496.7k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 900.0k $6.6m | New |
| HRT FINANCIAL LP 0.04% of their portfolio | 891.9k $6.6m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 871.2k $6.4m | Reduced -106.8k |
| S&T Bank/PA 1.23% of their portfolio | 871.1k $6.4m | Reduced -13.6k |
| Dana Investment Advisors, Inc. 0.21% of their portfolio | 866.9k $6.4m | New |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.04% of their portfolio | 841.6k $6.2m | Reduced -29.3k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 836.9k $6.2m | New |
| Lombard Odier Asset Management (USA) Corp 0.89% of their portfolio | 834.3k $6.1m | Reduced -121.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 831.1k $6.1m | Reduced -239.3k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 706.5k $5.2m | Reduced -46.8k |
| NORGES BANK 0.00% of their portfolio | 657.0k $4.8m | Reduced -140.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 607.6k $4.5m | Reduced -2.3k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 531.6k $3.9m | Reduced -206.2k |
| Mariner, LLC 0.01% of their portfolio | 504.8k $3.7m | Reduced -4.4k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 500.0k $3.7m | Reduced -460.3k |
| Jump Financial, LLC 0.10% of their portfolio | 490.5k $3.6m | Added +407.8k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio | 467.4k $3.4m | Reduced -393.4k |
| TUDOR INVESTMENT CORP ET AL 0.04% of their portfolio | 418.1k $3.1m | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 368.6k $2.7m | Reduced -63.4k |
| FMR LLC 0.00% of their portfolio | 360.1k $2.7m | Reduced -3.7m |
| Legal & General Group Plc 0.00% of their portfolio | 328.8k $2.4m | Reduced -8.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 323.3k $2.4m | Added +166.0k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 317.8k $2.3m | Added +301.3k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 314.4k $2.3m | Added +184.7k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 294.3k $2.2m | Added +175.2k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 286.7k $2.1m | Reduced -81.6k |
| ExodusPoint Capital Management, LP 0.03% of their portfolio | 286.7k $2.1m | New |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 269.7k $2.0m | New |
| Public Sector Pension Investment Board 0.01% of their portfolio | 242.9k $1.8m | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 233.7k $1.7m | Added +52.6k |
| Swiss National Bank 0.00% of their portfolio | 230.7k $1.7m | Unchanged |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 215.8k $1.6m | Added +163.4k |
| Miller Value Partners, LLC 0.93% of their portfolio | 198.4k $1.5m | Reduced -10.2k |
| ALGERT GLOBAL LLC 0.06% of their portfolio | 191.9k $1.4m | Reduced -3.4k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 180.1k $1.3m | Added +9.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 179.3k $1.3m | Added +33.1k |
| Nebula Research & Development LLC 0.27% of their portfolio | 171.1k $1.3m | New |
| Mutual Advisors, LLC 0.04% of their portfolio | 164.7k $1.2m | Unchanged |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 163.9k $1.2m | New |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 158.0k $1.2m | Reduced -3.7k |
| GSA CAPITAL PARTNERS LLP 0.09% of their portfolio | 157.8k $1.2m | New |
| PDT Partners, LLC 0.10% of their portfolio | 149.8k $1.1m | Reduced -27.6k |
| CITIGROUP INC 0.00% of their portfolio | 137.7k $1.0m | Added +53.9k |
| JB CAPITAL PARTNERS LP 0.18% of their portfolio | 132.5k $975.2k | Unchanged |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 132.4k $974.8k | Reduced -1.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 130.4k $960.0k | Reduced -3.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 126.1k $927.9k | Unchanged |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 119.3k $877.9k | Added +7.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 118.7k $873.6k | Reduced -424 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 116.7k $859.2k | Reduced -6.3k |
| Alberta Investment Management Corp 0.01% of their portfolio | 116.6k $858.2k | Unchanged |
| Ziegler Capital Management, LLC 0.03% of their portfolio | 116.1k $854.7k | Added +7.7k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 112.1k $825.0k | Reduced -2.8k |
| Boston Partners 0.00% of their portfolio | 111.9k $823.5k | Reduced -244.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 110.0k $809.5k | Reduced -4.6k |
| Dynamic Technology Lab Private Ltd 0.09% of their portfolio | 109.2k $804.0k | New |
| UBS Group AG 0.00% of their portfolio | 103.8k $763.7k | Added +66.7k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.01% of their portfolio | 102.5k $754.0k | Added +1.4k |
| CAPSTONE INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 100.4k $738.7k | Added +70.2k |
| Gotham Asset Management, LLC 0.01% of their portfolio | 98.6k $725.6k | Added +1.4k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 93.2k $686.1k | New |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 93.2k $686.0k | Unchanged |
| Aquatic Capital Management LLC 0.02% of their portfolio | 93.2k $686.0k | Added +53.0k |
| Quantbot Technologies LP 0.04% of their portfolio | 88.9k $654.2k | Added +75.3k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 87.9k $646.6k | Reduced -6.4k |
| Amundi 0.00% of their portfolio | 86.9k $606.4k | Reduced -4.2k |
| READYSTATE ASSET MANAGEMENT LP 0.02% of their portfolio | 86.6k $637.4k | Reduced -62.1k |
| SummerHaven Investment Management, LLC 0.38% of their portfolio | 82.5k $607.4k | Added +1.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 79.3k $583.4k | Added +23.4k |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 78.2k $575.5k | Reduced -17.7k |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 76.1k $560.0k | New |
| COMERICA BANK 0.00% of their portfolio | 72.9k $536.5k | Reduced -5.1k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 71.3k $524.0k | Reduced -704 |
| HITE Hedge Asset Management LLC 0.05% of their portfolio | 71.1k $523.2k | Added +17.1k |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 69.4k $511.0k | Added +5.5k |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 68.8k $506.4k | Reduced -245.5k |