LEAR CORP LEA
COM NEW · Common Stock · CUSIP 521865204 · ISIN US5218652049
American automotive parts manufacturer
* 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 ($52.3m this quarter). Holder counts are more reliable. Shares outstanding: 58.3m as of 2023-10-23, 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 ≈ $134.42. Options: 11 managers hold calls ($28.2m notional), 13 hold puts ($19.7m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 407 |
| Q4 2022 | 440 |
| Q1 2023 | 451 |
| Q2 2023 | 436 |
| Q3 2023 | 448 |
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 | 197 | 188 |
| Q1 2023 | 244 | 171 |
| Q2 2023 | 185 | 242 |
| Q3 2023 | 200 | 210 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $23.5m | $21.2m | 0.90 |
| Q1 2023 | $19.8m | $17.6m | 0.89 |
| Q2 2023 | $32.8m | $17.6m | 0.54 |
| Q3 2023 | $28.2m | $19.7m | 0.70 |
Biggest buyers
| Balyasny Asset Management L.P. | New | +608.4k |
| Invesco Ltd. | Added | +405.9k |
| GOLDMAN SACHS GROUP INC | Added | +326.7k |
| ALLIANCEBERNSTEIN L.P. | Added | +321.4k |
| FMR LLC | Added | +287.5k |
| JUPITER ASSET MANAGEMENT LTD | Added | +210.3k |
| Amundi | Added | +201.9k |
| NORDEA INVESTMENT MANAGEMENT AB | Added | +182.2k |
| MIZUHO MARKETS AMERICAS LLC | New | +129.3k |
| Man Group plc | New | +91.2k |
Biggest sellers
| Sanders Capital, LLC | Sold out | -556.4k |
| HARRIS ASSOCIATES L P | Reduced | -552.1k |
| Holocene Advisors, LP | Reduced | -438.0k |
| DEUTSCHE BANK AG\ | Reduced | -324.4k |
| Point72 Asset Management, L.P. | Reduced | -243.5k |
| CITADEL ADVISORS LLC | Reduced | -227.1k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -139.2k |
| BlackRock Inc. | Reduced | -109.4k |
| Squarepoint Ops LLC | Reduced | -88.3k |
| Cubist Systematic Strategies, LLC | Reduced | -83.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $17.7m131.7k shares |
| JANE STREET GROUP, LLC | Added | $4.6m34.3k shares |
| PEAK6 Investments LLC | Reduced | $2.2m16.4k shares |
| CITADEL ADVISORS LLC | Reduced | $1.9m14.0k shares |
| GTS SECURITIES LLC | New | $577.1k4.3k shares |
| TWO SIGMA SECURITIES, LLC | Added | $523.4k3.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $469.0k3.5k shares |
| Centiva Capital, LP | New | $134.2k1.0k shares |
| Walleye Trading LLC | Reduced | $67.1k500 shares |
| Walleye Capital LLC | New | $53.7k400 shares |
Biggest puts
| BANK OF AMERICA CORP /DE/ | New | $6.7m50.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.6m26.9k shares |
| Walleye Trading LLC | Added | $3.1m23.2k shares |
| CITADEL ADVISORS LLC | Reduced | $2.3m17.5k shares |
| Walleye Capital LLC | New | $1.4m10.1k shares |
| Manatuck Hill Partners, LLC | New | $1.1m8.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $416.0k3.1k shares |
| JANE STREET GROUP, LLC | New | $335.5k2.5k shares |
| TWO SIGMA SECURITIES, LLC | New | $228.1k1.7k shares |
| PEAK6 Investments LLC | New | $214.7k1.6k 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 |
|---|---|
| PZENA INVESTMENT MANAGEMENT LLC 13G · institution new · filed 2024-10-07 | 13.8% |
| BlackRock, Inc. 13G · institution filed 2025-04-24 | 8.8% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.0% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution new · filed 2025-07-15 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
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 | 1 | $5.2k | 1 | $30.4k | — |
| Q1 2022 | 1 | $5.3k | 0 | — | — |
| Q2 2022 | 1 | $7.2k | 4 | $2.0m | — |
| Q3 2022 | 1 | $7.2k | 1 | $2.5m | — |
| Q4 2022 | 1 | $7.3k | 4 | $6.0m | — |
| Q1 2023 | 1 | $7.3k | 4 | $5.3m | — |
| Q2 2023 | 1 | $7.4k | 3 | $2.7m | — |
| Q3 2023 | 1 | $8.4k | 3 | $3.9m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-09-19 | FOSTER JONATHAN F Director | Bought | $8.4k61 shares |
| 2023-08-04 | Esposito Carl A. SVP & President E-Systems | Sold | $1.6m10.3k shares |
| 2023-08-03 | Orsini Frank C EVP & President, Seating | Sold | $1.9m12.3k shares |
| 2023-08-03 | Cardew Jason M Sr. VP & CFO | Sold | $416.8k2.8k 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. 0.03% of their portfolio | 7.9m $1.1bn | Reduced -109.4k |
| PZENA INVESTMENT MANAGEMENT LLC 3.76% of their portfolio | 6.5m $874.4m | Reduced -67.5k |
| VANGUARD GROUP INC 0.02% of their portfolio | 5.9m $793.4m | Added +45.6k |
| STATE STREET CORP 0.02% of their portfolio | 2.4m $324.9m | Added +43.4k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 1.32% of their portfolio | 2.0m $273.3m | Reduced -12.9k |
| FRANKLIN RESOURCES INC 0.14% of their portfolio | 2.0m $271.9m | Added +27.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.09% of their portfolio | 1.9m $259.8m | Reduced -27.7k |
| FMR LLC 0.02% of their portfolio | 1.9m $254.6m | Added +287.5k |
| GREENHAVEN ASSOCIATES INC 3.11% of their portfolio | 1.8m $240.2m | Reduced -19.2k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 1.3m $169.9m | Reduced -24.1k |
| NORDEA INVESTMENT MANAGEMENT AB 0.20% of their portfolio | 1.1m $146.1m | Added +182.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 996.2k $133.5m | Added +24.2k |
| HARRIS ASSOCIATES L P 0.22% of their portfolio | 832.0k $111.7m | Reduced -552.1k |
| Amundi 0.05% of their portfolio | 729.5k $98.2m | Added +201.9k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 694.7k $93.2m | Reduced -27.3k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 689.8k $92.6m | Added +326.7k |
| LYRICAL ASSET MANAGEMENT LP 1.74% of their portfolio | 687.1k $92.2m | Reduced -34.9k |
| LSV ASSET MANAGEMENT 0.20% of their portfolio | 656.6k $88.1m | Added +380 |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.49% of their portfolio | 618.2k $83.0m | Reduced -47.4k |
| Balyasny Asset Management L.P. 0.23% of their portfolio | 608.4k $81.6m | New |
| NORGES BANK 0.02% of their portfolio | 590.6k $79.3m | Added +9.4k |
| Boston Partners 0.11% of their portfolio | 589.7k $79.1m | Added +631 |
| Invesco Ltd. 0.02% of their portfolio | 577.7k $77.5m | Added +405.9k |
| MORGAN STANLEY 0.01% of their portfolio | 531.2k $71.3m | Added +7.5k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 529.3k $71.0m | Added +13.2k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 486.3k $65.3m | Added +36.9k |
| Paradice Investment Management LLC 5.30% of their portfolio | 461.0k $61.9m | Reduced -18.6k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 449.2k $60.3m | Added +321.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 437.3k $58.7m | Added +1.8k |
| Alberta Investment Management Corp 0.53% of their portfolio | 370.3k $49.7m | Unchanged |
| Legal & General Group Plc 0.02% of their portfolio | 330.9k $44.4m | Reduced -12.0k |
| Russell Investments Group, Ltd. 0.09% of their portfolio | 320.9k $43.1m | Reduced -51.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 299.1k $40.1m | Added +37.3k |
| Caisse de depot et placement du Quebec 0.11% of their portfolio | 295.1k $39.6m | Reduced -59.7k |
| Qube Research & Technologies Ltd 0.11% of their portfolio | 273.9k $36.8m | Added +73.6k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 269.6k $36.2m | Reduced -4.4k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 248.5k $33.3m | Reduced -139.2k |
| JUPITER ASSET MANAGEMENT LTD 0.36% of their portfolio | 243.0k $32.6m | Added +210.3k |
| Thrivent Financial for Lutherans 0.07% of their portfolio | 225.7k $30.3m | Added +7.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 216.7k $29.1m | Reduced -4.9k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.41% of their portfolio | 197.7k $26.5m | Added +1.9k |
| AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 190.9k $25.6m | Added +72.7k |
| Swiss National Bank 0.02% of their portfolio | 189.3k $25.4m | Reduced -23.2k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.04% of their portfolio | 186.8k $25.1m | Added +13.0k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 186.0k $25.0m | Reduced -20.1k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 185.5k $24.9m | Reduced -2.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 182.6k $24.5m | Reduced -21.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 175.1k $23.5m | Reduced -4.7k |
| STOREBRAND ASSET MANAGEMENT AS 0.11% of their portfolio | 174.2k $23.4m | Reduced -6.6k |
| DEPRINCE RACE & ZOLLO INC 0.57% of their portfolio | 174.0k $23.3m | Reduced -24.8k |
| GREAT LAKES ADVISORS, LLC 0.18% of their portfolio | 148.4k $19.9m | Reduced -1.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 140.3k $18.8m | Reduced -77.1k |
| Retirement Systems of Alabama 0.09% of their portfolio | 137.8k $18.5m | Added +48.7k |
| MIZUHO MARKETS AMERICAS LLC 0.65% of their portfolio | 129.3k $17.4m | New |
| Arnhold LLC 1.97% of their portfolio | 122.9k $16.5m | Reduced -136 |
| California Public Employees Retirement System 0.01% of their portfolio | 118.8k $15.9m | Added +1.8k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 116.2k $15.6m | Added +10.2k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 112.4k $15.1m | Reduced -324.4k |
| CHURCHILL MANAGEMENT Corp 0.24% of their portfolio | 106.4k $14.3m | Reduced -501 |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 97.6k $13.1m | Added +16.6k |
| Man Group plc 0.04% of their portfolio | 91.2k $12.2m | New |
| Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio | 90.8k $12.2m | Reduced -3.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 90.7k $12.2m | Reduced -7.8k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 88.0k $11.8m | Added +130 |
| TWINBEECH CAPITAL LP 0.22% of their portfolio | 87.1k $11.7m | Added +42.2k |
| Point72 Middle East FZE 0.71% of their portfolio | 86.9k $11.7m | Added +50.8k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.23% of their portfolio | 86.9k $11.7m | Reduced -5.6k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 86.4k $12.0m | Added +71.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 85.4k $11.5m | Reduced -6.3k |
| SCOUT INVESTMENTS, INC. 0.26% of their portfolio | 85.3k $11.3m | Added +28.0k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 83.4k $11.2m | Added +917 |
| AMERICAN INTERNATIONAL GROUP, INC. 0.07% of their portfolio | 82.8k $11.1m | Reduced -6.3k |
| Unigestion Holding SA 0.68% of their portfolio | 82.6k $11.1m | Reduced -3.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 82.5k $11.1m | Added +1.5k |
| KBC Group NV 0.04% of their portfolio | 77.7k $10.4m | Reduced -13.3k |
| TUDOR INVESTMENT CORP ET AL 0.15% of their portfolio | 74.4k $10.0m | New |
| SKBA CAPITAL MANAGEMENT LLC 1.84% of their portfolio | 74.3k $10.0m | Unchanged |
| UBS Group AG 0.00% of their portfolio | 74.3k $10.0m | Reduced -75.6k |
| AMF Tjanstepension AB 0.10% of their portfolio | 73.2k $9.8m | Added +1.5k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 72.0k $9.7m | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.04% of their portfolio | 70.1k $9.4m | Added +15.5k |
| NATIXIS ADVISORS, LLC 0.03% of their portfolio | 66.1k $8.9m | Added +3.5k |
| Squarepoint Ops LLC 0.04% of their portfolio | 65.1k $8.7m | Reduced -88.3k |
| Robeco Institutional Asset Management B.V. 0.02% of their portfolio | 63.4k $8.5m | Added +48.9k |
| BARCLAYS PLC 0.01% of their portfolio | 61.3k $8.2m | Reduced -26.1k |
| EAGLE GLOBAL ADVISORS LLC 0.53% of their portfolio | 60.4k $8.1m | Reduced -374 |
| ISTHMUS PARTNERS, LLC 1.15% of their portfolio | 59.6k $8.0m | Added +287 |
| Capital International Investors 0.00% of their portfolio | 58.8k $7.9m | Reduced -792 |
| GUGGENHEIM CAPITAL LLC 0.07% of their portfolio | 58.7k $7.9m | Reduced -740 |
| ARGA Investment Management, LP 0.32% of their portfolio | 58.5k $7.9m | Reduced -438 |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.04% of their portfolio | 57.8k $7.8m | Added +18.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 56.0k $7.5m | Added +6.6k |
| Parkwood LLC 1.34% of their portfolio | 55.9k $7.5m | Reduced -1.2k |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 54.8k $7.3m | Reduced -1.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 54.2k $7.3m | Reduced -1.2k |
| COMERICA BANK 0.04% of their portfolio | 52.0k $7.0m | New |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 50.9k $6.8m | Added +10.1k |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 50.5k $6.8m | Reduced -243.5k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.07% of their portfolio | 49.9k $6.7m | Reduced -2.1k |
| Walleye Capital LLC 0.09% of their portfolio | 48.0k $6.4m | Added +43.8k |