COMERICA INC CMA
COM · Common Stock · CUSIP 200340107
* 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 ($18.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $86.96. Options: 18 managers hold calls ($663.1m notional), 21 hold puts ($127.7m).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 581 |
| Q4 2022 | 568 |
| Q1 2023 | 521 |
| Q2 2023 | 494 |
| Q3 2023 | 510 |
| Q4 2023 | 559 |
| Q1 2024 | 557 |
| Q2 2024 | 511 |
| Q3 2024 | 531 |
| Q4 2024 | 574 |
| Q1 2025 | 533 |
| Q2 2025 | 536 |
| Q3 2025 | 536 |
| Q4 2025 | 573 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 251 | 277 |
| Q2 2024 | 230 | 293 |
| Q3 2024 | 235 | 263 |
| Q4 2024 | 260 | 252 |
| Q1 2025 | 211 | 304 |
| Q2 2025 | 231 | 267 |
| Q3 2025 | 220 | 265 |
| Q4 2025 | 222 | 301 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $122.7m | $103.6m | 0.84 |
| Q2 2025 | $330.1m | $99.9m | 0.30 |
| Q3 2025 | $854.7m | $118.0m | 0.14 |
| Q4 2025 | $663.1m | $127.7m | 0.19 |
Biggest buyers
| HBK INVESTMENTS L P | New | +4.0m |
| Pentwater Capital Management LP | New | +2.0m |
| GLAZER CAPITAL, LLC | New | +1.7m |
| WELLINGTON MANAGEMENT GROUP LLP | New | +1.7m |
| TORONTO DOMINION BANK | New | +1.6m |
| WHITEBOX ADVISORS LLC | New | +1.3m |
| Magnetar Financial LLC | New | +1.1m |
| TUDOR INVESTMENT CORP ET AL | Added | +1.1m |
| AQR Arbitrage LLC | New | +1.0m |
| Jefferies Financial Group Inc. | Added | +978.5k |
Biggest sellers
| Bank of New York Mellon Corp | Reduced | -3.9m |
| North Reef Capital Management LP | Sold out | -3.6m |
| Balyasny Asset Management L.P. | Reduced | -2.7m |
| PRIMECAP MANAGEMENT CO/CA/ | Reduced | -2.5m |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | Reduced | -2.1m |
| FMR LLC | Reduced | -1.9m |
| JPMORGAN CHASE & CO | Reduced | -1.9m |
| CITADEL ADVISORS LLC | Reduced | -1.7m |
| Azora Capital LP | Sold out | -950.9k |
| Artemis Investment Management LLP | Sold out | -761.0k |
Biggest calls
| MILLENNIUM MANAGEMENT LLC | Reduced | $217.3m2.5m shares |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | $191.1m22.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $120.6m1.4m shares |
| GROUP ONE TRADING LLC | Added | $27.1m311.9k shares |
| JANE STREET GROUP, LLC | Reduced | $24.3m279.7k shares |
| Walleye Trading LLC | Added | $21.9m251.8k shares |
| Caption Management, LLC | Reduced | $21.7m250.0k shares |
| HRT FINANCIAL LP | New | $12.7m145.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $7.7m88.3k shares |
| CITADEL ADVISORS LLC | Reduced | $5.0m57.1k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $33.7m387.4k shares |
| BNP PARIBAS FINANCIAL MARKETS | Unchanged | $15.8m1.8k shares |
| CITADEL ADVISORS LLC | Reduced | $10.4m120.2k shares |
| Walleye Trading LLC | Added | $10.1m116.3k shares |
| BARCLAYS PLC | Added | $9.9m113.9k shares |
| JANE STREET GROUP, LLC | Reduced | $9.4m107.9k shares |
| PEAK6 LLC | Reduced | $7.2m82.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $6.5m75.0k shares |
| IMC-Chicago, LLC | Reduced | $4.6m52.6k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $4.3m50.0k 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.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: BlackRock, Inc. (2.4%, 2026-02-06), VANGUARD GROUP INC (4.1%, 2026-02-05), Bank of New York Mellon Corp (2.6%, 2026-01-29)
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.02% of their portfolio | 14.9m $1.3bn | Reduced -175.7k |
| VANGUARD GROUP INC 0.02% of their portfolio | 12.5m $1.1bn | Reduced -287.4k |
| DIMENSIONAL FUND ADVISORS LP 0.11% of their portfolio | 5.9m $511.6m | Added +1.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.06% of their portfolio | 4.7m $412.4m | Added +66.6k |
| STATE STREET CORP 0.01% of their portfolio | 4.3m $377.4m | Reduced -149.7k |
| HBK INVESTMENTS L P 3.74% of their portfolio | 4.0m $345.5m | New |
| Bank of New York Mellon Corp 0.05% of their portfolio | 3.4m $292.6m | Reduced -3.9m |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 7.69% of their portfolio | 3.3m $287.9m | Not comparable |
| MILLENNIUM MANAGEMENT LLC 0.17% of their portfolio | 2.8m $242.1m | Reduced -322.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.5m $213.2m | Added +14.6k |
| FMR LLC 0.01% of their portfolio | 2.0m $178.1m | Reduced -1.9m |
| Invesco Ltd. 0.02% of their portfolio | 2.0m $177.2m | Added +82.6k |
| HoldCo Asset Management, LP 13.32% of their portfolio | 2.0m $177.1m | Reduced -253.1k |
| Pentwater Capital Management LP 1.26% of their portfolio | 2.0m $173.9m | New |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.9m $162.0m | Added +119.8k |
| GLAZER CAPITAL, LLC 3.96% of their portfolio | 1.7m $150.7m | New |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 1.7m $148.3m | New |
| TORONTO DOMINION BANK 0.25% of their portfolio | 1.6m $140.5m | New |
| NORGES BANK 0.01% of their portfolio | 1.6m $138.7m | Not comparable |
| MORGAN STANLEY 0.01% of their portfolio | 1.5m $129.9m | Reduced -580.6k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.4m $121.9m | Reduced -6.9k |
| UBS Group AG 0.02% of their portfolio | 1.3m $116.8m | Added +422.6k |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 1.3m $114.0m | Added +77.1k |
| WHITEBOX ADVISORS LLC 1.81% of their portfolio | 1.3m $108.7m | New |
| Magnetar Financial LLC 0.97% of their portfolio | 1.1m $99.1m | New |
| TUDOR INVESTMENT CORP ET AL 0.53% of their portfolio | 1.1m $96.2m | Added +1.1m |
| AQR Arbitrage LLC 1.85% of their portfolio | 1.0m $87.7m | New |
| Jefferies Financial Group Inc. 0.72% of their portfolio | 1.0m $87.5m | Added +978.5k |
| BANK OF NOVA SCOTIA 0.12% of their portfolio | 910.1k $79.1m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 827.5k $71.9m | Reduced -1.9m |
| Polar Asset Management Partners Inc. 1.36% of their portfolio | 787.0k $68.4m | New |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 759.3k $66.0m | Reduced -1.7m |
| First Trust Capital Management L.P. 3.98% of their portfolio | 756.3k $65.7m | New |
| SOROS FUND MANAGEMENT LLC 0.87% of their portfolio | 749.0k $65.1m | New |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 725.4k $63.2m | Added +561.9k |
| Capital World Investors 0.01% of their portfolio | 706.6k $61.4m | Unchanged |
| Westchester Capital Management, LLC 2.69% of their portfolio | 658.4k $57.2m | New |
| NewEdge Wealth, LLC 0.63% of their portfolio | 641.8k $55.8m | Added +14.5k |
| NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio | 637.8k $55.4m | Added +597.0k |
| Capital International Investors 0.01% of their portfolio | 542.3k $47.1m | Reduced -69.6k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 484.0k $42.1m | Reduced -209.1k |
| CITIGROUP INC 0.03% of their portfolio | 472.2k $41.0m | Reduced -320.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 455.6k $39.6m | Added +95.3k |
| Man Group plc 0.07% of their portfolio | 434.5k $37.8m | New |
| Squarepoint Ops LLC 0.08% of their portfolio | 429.8k $37.4m | New |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.09% of their portfolio | 423.8k $36.8m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 420.6k $36.6m | Reduced -12.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 412.9k $35.9m | Added +233.6k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.14% of their portfolio | 409.7k $35.6m | Reduced -30.8k |
| WATER ISLAND CAPITAL LLC 4.23% of their portfolio | 398.0k $34.6m | New |
| Balyasny Asset Management L.P. 0.06% of their portfolio | 389.9k $33.9m | Reduced -2.7m |
| Blackstone Inc. 0.15% of their portfolio | 388.7k $33.8m | Not comparable |
| PZENA INVESTMENT MANAGEMENT LLC 0.10% of their portfolio | 374.0k $32.5m | Reduced -47.3k |
| Woodline Partners LP 0.12% of their portfolio | 360.0k $31.3m | New |
| BARCLAYS PLC 0.01% of their portfolio | 336.2k $29.2m | Added +140.3k |
| Birnam Oak Advisors, LP 6.50% of their portfolio | 333.6k $29.0m | New |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 333.4k $29.0m | Reduced -15.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio | 323.9k $28.2m | Added +159.7k |
| Allianz Asset Management GmbH 0.03% of their portfolio | 280.5k $24.4m | Added +122.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 274.7k $23.9m | Reduced -10.7k |
| Slotnik Capital, LLC 6.34% of their portfolio | 266.4k $23.2m | New |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 264.6k $23.0m | Added +120.4k |
| SG Americas Securities, LLC 0.03% of their portfolio | 257.6k $22.4m | Added +248.1k |
| Swiss National Bank 0.01% of their portfolio | 251.6k $21.9m | Reduced -3.1k |
| California Public Employees Retirement System 0.01% of their portfolio | 242.2k $21.1m | Reduced -4.0k |
| STIFEL FINANCIAL CORP 0.02% of their portfolio | 241.0k $21.0m | Reduced -7.6k |
| ALPINE ASSOCIATES MANAGEMENT INC. 1.41% of their portfolio | 240.4k $20.9m | New |
| OAKWORTH CAPITAL, INC. 1.13% of their portfolio | 237.9k $20.7m | Reduced -21.7k |
| Bridgewater Associates, LP 0.07% of their portfolio | 235.5k $20.5m | Reduced -136.4k |
| Verition Fund Management LLC 0.11% of their portfolio | 231.8k $20.2m | Added +173.4k |
| Legal & General Group Plc 0.00% of their portfolio | 222.0k $19.3m | Reduced -41.2k |
| FIL Ltd 0.01% of their portfolio | 220.6k $19.2m | Reduced -23.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 218.8k $19.1m | Reduced -5.5k |
| Versor Investments LP 2.95% of their portfolio | 217.4k $18.9m | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio | 211.9k $18.4m | Reduced -8.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio | 208.6k $18.1m | New |
| Public Sector Pension Investment Board 0.06% of their portfolio | 192.2k $16.7m | New |
| Stieven Capital Advisors, L.P. 2.80% of their portfolio | 173.9k $15.1m | Reduced -500 |
| Quantinno Capital Management LP 0.03% of their portfolio | 172.9k $15.0m | Added +27.0k |
| Nuveen, LLC 0.00% of their portfolio | 168.1k $14.6m | Reduced -4.6k |
| Amundi 0.00% of their portfolio | 163.4k $14.2m | Added +110.0k |
| Retirement Systems of Alabama 0.04% of their portfolio | 153.3k $13.3m | Reduced -2.1k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 144.7k $12.6m | Reduced -42.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 135.0k $11.7m | Reduced -12.7k |
| Quarry LP 1.88% of their portfolio | 131.8k $11.5m | Added +130.9k |
| Caption Management, LLC 0.50% of their portfolio | 129.8k $11.3m | Reduced -12.6k |
| PRIMECAP MANAGEMENT CO/CA/ 0.01% of their portfolio | 125.2k $10.9m | Reduced -2.5m |
| Focus Partners Wealth 0.01% of their portfolio | 123.9k $10.8m | Added +119.2k |
| ALGERT GLOBAL LLC 0.17% of their portfolio | 122.9k $10.7m | Reduced -40.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 121.0k $10.5m | Reduced -3.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 120.1k $10.4m | Reduced -2.1k |
| Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio | 115.5k $10.0m | Reduced -4.4k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio | 112.0k $9.7m | New |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 111.6k $9.7m | Reduced -16.2k |
| COMERICA BANK 0.04% of their portfolio | 111.3k $9.7m | Reduced -15.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 108.4k $9.4m | Added +5.4k |
| Carmignac Gestion 0.13% of their portfolio | 107.9k $9.4m | New |
| Corient Private Wealth LP 0.01% of their portfolio | 106.0k $9.2m | Added +56.1k |
| NOMURA HOLDINGS INC 0.03% of their portfolio | 104.3k $9.1m | New |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 104.2k $9.1m | Reduced -47.7k |