HARLEY DAVIDSON INC HOG
COM · Common Stock · CUSIP 412822108 · ISIN US4128221086
American motorcycle manufacturer
- SectorConsumer discretionary
- IndustryMotorcycles, Bicycles & Parts
- HeadquartersMilwaukee, WI
- Founded1903
- Websiteharley-davidson.com
- FilingsSEC EDGAR
* 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 ($2.8m this quarter). Holder counts are more reliable. Shares outstanding: 111.9m as of 2026-01-30, 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 ≈ $20.52. Options: 17 managers hold calls ($55.8m notional), 20 hold puts ($53.3m).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 415 |
| Q4 2022 | 450 |
| Q1 2023 | 439 |
| Q2 2023 | 432 |
| Q3 2023 | 417 |
| Q4 2023 | 422 |
| Q1 2024 | 414 |
| Q2 2024 | 413 |
| Q3 2024 | 422 |
| Q4 2024 | 410 |
| Q1 2025 | 393 |
| Q2 2025 | 398 |
| Q3 2025 | 404 |
| Q4 2025 | 389 |
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 | 175 | 188 |
| Q2 2024 | 174 | 193 |
| Q3 2024 | 187 | 187 |
| Q4 2024 | 135 | 237 |
| Q1 2025 | 175 | 191 |
| Q2 2025 | 177 | 193 |
| Q3 2025 | 178 | 166 |
| Q4 2025 | 152 | 223 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $42.1m | $75.8m | 1.80 |
| Q2 2025 | $59.1m | $69.0m | 1.17 |
| Q3 2025 | $84.4m | $91.2m | 1.08 |
| Q4 2025 | $55.8m | $53.3m | 0.96 |
Biggest buyers
| DONALD SMITH & CO., INC. | Added | +2.1m |
| TWO SIGMA INVESTMENTS, LP | New | +1.7m |
| TWO SIGMA ADVISERS, LP | New | +1.5m |
| CITADEL ADVISORS LLC | Added | +1.3m |
| SG Americas Securities, LLC | Added | +1.0m |
| D. E. Shaw & Co., Inc. | Added | +750.5k |
| Qube Research & Technologies Ltd | New | +722.0k |
| Pine Valley Investments Ltd Liability Co | Added | +643.0k |
| GOLDMAN SACHS GROUP INC | Added | +584.6k |
| UBS Group AG | Added | +468.8k |
Biggest sellers
| Boston Partners | Sold out | -4.0m |
| H PARTNERS MANAGEMENT, LLC | Reduced | -3.2m |
| VANGUARD GROUP INC | Reduced | -1.5m |
| Pacer Advisors, Inc. | Reduced | -1.1m |
| Beutel, Goodman & Co Ltd. | Reduced | -490.5k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -462.7k |
| BlackRock, Inc. | Reduced | -432.1k |
| JPMORGAN CHASE & CO | Reduced | -357.3k |
| WINTON GROUP Ltd | Sold out | -295.7k |
| ALGERT GLOBAL LLC | Reduced | -254.6k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $16.4m801.4k shares |
| JANE STREET GROUP, LLC | Added | $8.6m419.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $8.0m390.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $5.8m282.8k shares |
| GROUP ONE TRADING LLC | Added | $5.2m252.6k shares |
| IMC-Chicago, LLC | Added | $3.8m185.6k shares |
| D. E. Shaw & Co., Inc. | New | $1.8m87.0k shares |
| Walleye Trading LLC | Added | $1.1m54.8k shares |
| Squarepoint Ops LLC | Reduced | $1.0m49.9k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $797.1k38.9k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $10.9m530.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $8.3m406.3k shares |
| PEAK6 LLC | Added | $7.3m358.4k shares |
| D. E. Shaw & Co., Inc. | Added | $5.8m281.3k shares |
| IMC-Chicago, LLC | Added | $3.4m164.3k shares |
| Caption Management, LLC | Added | $2.7m131.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.5m121.1k shares |
| Crawford Fund Management, LLC | Reduced | $2.1m102.0k shares |
| JANE STREET GROUP, LLC | Reduced | $1.9m90.6k shares |
| Walleye Capital LLC | Added | $1.4m69.4k 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 filed 2026-04-24 | 9.4% |
| DONALD SMITH & CO., INC. 13G · institution -0.2 pts · filed 2026-08-11 | 8.8% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution new · filed 2025-01-23 | 5.4% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.4% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.3% |
| AMERICAN CENTURY INVESTMENT MANAGEMENT INC 13G · institution new · filed 2026-08-14 | 5.1% |
Fell to 5% or below in the last year: FMR LLC (0.0%, 2026-05-06), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), Beutel, Goodman & Co Ltd. (4.7%, 2026-02-04)
Insider purchases and sales in Q4 2025
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 |
|---|---|---|---|---|---|
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 1 | $138.0k | — |
| Q1 2025 | 0 | — | 1 | $88.3k | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 1 | $49.8k | 0 | — | — |
| Q4 2025 | 0 | — | 2 | $372.4k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-11-20 | Mansfield Luke Christopher Chief Commercial Officer | Sold | $266.9k11.5k shares |
| 2025-11-07 | Do Charles Sr. Vice President, HDFSI | Sold | $105.5k4.1k 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, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 11.4m $234.5m | Reduced -1.5m |
| BlackRock, Inc. 0.00% of their portfolio | 10.5m $214.7m | Reduced -432.1k |
| DONALD SMITH & CO., INC. 3.42% of their portfolio | 8.9m $182.3m | Added +2.1m |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 6.6m $135.4m | Added +8.9k |
| Beutel, Goodman & Co Ltd. 0.80% of their portfolio | 6.4m $130.7m | Reduced -490.5k |
| FMR LLC 0.01% of their portfolio | 5.9m $120.0m | Reduced -64.5k |
| LSV ASSET MANAGEMENT 0.23% of their portfolio | 5.1m $104.3m | Reduced -26.8k |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 4.3m $88.3m | Added +364.3k |
| STATE STREET CORP 0.00% of their portfolio | 3.7m $76.6m | Reduced -90.3k |
| H PARTNERS MANAGEMENT, LLC 32.44% of their portfolio | 2.5m $51.2m | Reduced -3.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.2m $44.2m | Reduced -72.0k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 2.0m $40.0m | Added +1.3m |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.9m $39.9m | Added +69.2k |
| TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio | 1.7m $35.3m | New |
| MORGAN STANLEY 0.00% of their portfolio | 1.6m $32.3m | Added +314.1k |
| TWO SIGMA ADVISERS, LP 0.06% of their portfolio | 1.5m $31.4m | New |
| NORGES BANK 0.00% of their portfolio | 1.3m $25.8m | Not comparable |
| UBS Group AG 0.01% of their portfolio | 1.2m $25.4m | Added +468.8k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 1.2m $25.1m | Added +750.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio | 1.2m $23.8m | Added +381.8k |
| Pine Valley Investments Ltd Liability Co 1.17% of their portfolio | 1.1m $23.5m | Added +643.0k |
| SG Americas Securities, LLC 0.03% of their portfolio | 1.1m $22.4m | Added +1.0m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.0m $21.1m | Reduced -2.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.0m $20.6m | Reduced -59.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 959.5k $19.7m | Added +584.6k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 840.8k $17.2m | Added +450.2k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 722.0k $14.8m | New |
| Invesco Ltd. 0.00% of their portfolio | 703.8k $14.4m | Added +241.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 541.5k $11.1m | Added +143.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 519.9k $10.7m | Reduced -357.3k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 468.4k $9.6m | Added +3.1k |
| FIFTHDELTA Ltd 1.93% of their portfolio | 447.2k $9.2m | New |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 446.4k $9.1m | Reduced -178.2k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 436.4k $8.9m | Added +289.5k |
| Trexquant Investment LP 0.07% of their portfolio | 409.2k $8.4m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 400.0k $8.2m | Reduced -1.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 395.7k $8.1m | Added +313.2k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 365.3k $7.5m | Reduced -462.7k |
| Bridgewater Associates, LP 0.03% of their portfolio | 364.2k $7.5m | Added +279.9k |
| ALGERT GLOBAL LLC 0.12% of their portfolio | 363.5k $7.4m | Reduced -254.6k |
| Man Group plc 0.01% of their portfolio | 346.8k $7.1m | New |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 331.1k $8.8m | Reduced -72.6k |
| Squarepoint Ops LLC 0.01% of their portfolio | 324.7k $6.7m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 311.7k $6.4m | Added +45.2k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 310.6k $6.4m | Reduced -20.5k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 300.0k $6.1m | Added +5.8k |
| Nuveen, LLC 0.00% of their portfolio | 296.3k $6.1m | Added +6.6k |
| CAPITAL FUND MANAGEMENT S.A. 0.05% of their portfolio | 277.5k $5.7m | Added +21.5k |
| BARCLAYS PLC 0.00% of their portfolio | 275.8k $5.7m | Reduced -21.1k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 274.9k $5.6m | New |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 274.8k $5.6m | Reduced -100.3k |
| Walleye Capital LLC 0.03% of their portfolio | 270.8k $5.5m | Added +226.1k |
| Brandywine Global Investment Management, LLC 0.04% of their portfolio | 270.7k $5.5m | Added +209.0k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 265.6k $5.5m | Added +14.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 264.0k $5.4m | Added +218.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 253.8k $5.2m | Reduced -15.9k |
| Quantinno Capital Management LP 0.01% of their portfolio | 245.3k $5.0m | Reduced -134.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 243.9k $5.0m | Added +30.4k |
| Gotham Asset Management, LLC 0.02% of their portfolio | 234.2k $4.8m | Reduced -205.8k |
| California Public Employees Retirement System 0.00% of their portfolio | 227.9k $4.7m | Added +17.9k |
| Swiss National Bank 0.00% of their portfolio | 227.7k $4.7m | Added +3.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 227.4k $4.7m | Reduced -61.0k |
| HRT FINANCIAL LP 0.02% of their portfolio | 223.3k $4.6m | New |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 219.6k $4.5m | Added +28.4k |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 214.5k $4.4m | Reduced -92.2k |
| JUPITER ASSET MANAGEMENT LTD 0.03% of their portfolio | 204.9k $4.2m | Unchanged |
| Weiss Asset Management LP 0.06% of their portfolio | 199.4k $4.1m | Not comparable |
| Kiltearn Partners LLP 0.86% of their portfolio | 193.3k $4.0m | Reduced -35.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 183.9k $3.8m | Reduced -69.2k |
| PEAK6 LLC 0.05% of their portfolio | 180.8k $3.7m | Added +168.7k |
| Legal & General Group Plc 0.00% of their portfolio | 179.3k $3.7m | Reduced -16.2k |
| CITIGROUP INC 0.00% of their portfolio | 174.9k $3.6m | Added +81.0k |
| SummitTX Capital, L.P. 0.11% of their portfolio | 172.3k $3.5m | New |
| XTX Topco Ltd 0.09% of their portfolio | 170.8k $3.5m | New |
| ExodusPoint Capital Management, LP 0.04% of their portfolio | 169.6k $3.5m | Added +153.7k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 143.1k $2.9m | New |
| Verition Fund Management LLC 0.02% of their portfolio | 142.2k $2.9m | Reduced -180.0k |
| Retirement Systems of Alabama 0.01% of their portfolio | 141.8k $2.9m | Reduced -5.2k |
| MUFG Securities EMEA plc 0.03% of their portfolio | 140.0k $2.9m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 129.3k $2.6m | Reduced -29.5k |
| Redwood Investment Management, LLC 0.28% of their portfolio | 122.9k $2.5m | Added +9.8k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 122.5k $2.5m | Reduced -9.2k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 120.8k $2.5m | Added +111.9k |
| DIVERSIFIED TRUST CO 0.04% of their portfolio | 114.3k $2.3m | Added +2.4k |
| Y-Intercept (Hong Kong) Ltd 0.05% of their portfolio | 114.1k $2.3m | New |
| SEI INVESTMENTS CO 0.00% of their portfolio | 113.6k $2.3m | Reduced -55.1k |
| Bridgefront Capital, LLC 0.58% of their portfolio | 113.1k $2.3m | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 109.0k $2.2m | Added +10.1k |
| Quinn Opportunity Partners LLC 0.10% of their portfolio | 107.6k $2.2m | Reduced -5.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 106.8k $2.2m | Reduced -218 |
| Holocene Advisors, LP 0.00% of their portfolio | 102.2k $2.1m | Reduced -18.3k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 100.1k $2.1m | New |
| Brevan Howard Capital Management LP 0.04% of their portfolio | 94.7k $1.9m | Reduced -24.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 93.7k $1.9m | Added +7.8k |
| Atom Investors LP 0.15% of their portfolio | 90.9k $1.9m | New |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 90.8k $1.9m | Added +12.2k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 89.3k $1.8m | Added +66.6k |
| Crossmark Global Holdings, Inc. 0.02% of their portfolio | 84.9k $1.7m | Added +2.5k |
| Campbell & CO Investment Adviser LLC 0.08% of their portfolio | 83.6k $1.7m | Added +74.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 80.2k $1.6m | Reduced -5.1k |