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 ($49.4m this quarter). Holder counts are more reliable. Shares outstanding: 57.0m as of 2024-02-05, 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 ≈ $141.18. Options: 10 managers hold calls ($31.3m notional), 11 hold puts ($21.1m).
Trends to Q4 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 |
| Q4 2023 | 476 |
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 |
| Q4 2023 | 211 | 219 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $19.8m | $17.6m | 0.89 |
| Q2 2023 | $32.8m | $17.6m | 0.54 |
| Q3 2023 | $28.2m | $19.7m | 0.70 |
| Q4 2023 | $31.3m | $21.1m | 0.68 |
Biggest buyers
| MORGAN STANLEY | Added | +711.0k |
| Point72 Asset Management, L.P. | Added | +490.3k |
| FMR LLC | Added | +471.4k |
| GOLDMAN SACHS GROUP INC | Added | +410.3k |
| Boston Partners | Added | +391.9k |
| LYRICAL ASSET MANAGEMENT LP | Added | +380.8k |
| JPMORGAN CHASE & CO | Added | +221.7k |
| FRANKLIN RESOURCES INC | Added | +153.3k |
| NORDEA INVESTMENT MANAGEMENT AB | Added | +150.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +121.3k |
Biggest sellers
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -827.5k |
| Balyasny Asset Management L.P. | Sold out | -608.4k |
| BlackRock Inc. | Reduced | -398.8k |
| Invesco Ltd. | Reduced | -273.6k |
| PZENA INVESTMENT MANAGEMENT LLC | Reduced | -261.5k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -156.4k |
| Paradice Investment Management LLC | Reduced | -154.4k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -133.2k |
| MIZUHO MARKETS AMERICAS LLC | Reduced | -114.3k |
| CHURCHILL MANAGEMENT Corp | Sold out | -106.4k |
Biggest calls
| SCOPUS ASSET MANAGEMENT, L.P. | New | $7.1m50.0k shares |
| UBS Group AG | New | $7.1m50.0k shares |
| MILLENNIUM MANAGEMENT LLC | New | $5.6m40.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.6m25.8k shares |
| Walleye Trading LLC | Added | $2.8m19.8k shares |
| CITADEL ADVISORS LLC | Added | $2.4m17.1k shares |
| SIMPLEX TRADING, LLC | Added | $1.3m8.9k shares |
| Walleye Capital LLC | Added | $861.4k6.1k shares |
| GTS SECURITIES LLC | Reduced | $522.5k3.7k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| D. E. Shaw & Co., Inc. | New | $7.1m50.0k shares |
| MILLENNIUM MANAGEMENT LLC | New | $5.6m40.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.9m13.3k shares |
| CITADEL ADVISORS LLC | Reduced | $1.8m12.6k shares |
| Walleye Trading LLC | Reduced | $1.6m11.3k shares |
| Walleye Capital LLC | Added | $1.5m10.5k shares |
| SIMPLEX TRADING, LLC | Added | $861.0k6.1k shares |
| PEAK6 Investments LLC | Added | $282.4k2.0k shares |
| JANE STREET GROUP, LLC | Reduced | $268.3k1.9k shares |
| WOLVERINE TRADING, LLC | New | $254.2k1.8k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q4 2023 | 0 | — | 0 | — | — |
None reported in Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.03% of their portfolio | 7.5m $1.1bn | Reduced -398.8k |
| PZENA INVESTMENT MANAGEMENT LLC 3.32% of their portfolio | 6.3m $883.1m | Reduced -261.5k |
| VANGUARD GROUP INC 0.02% of their portfolio | 5.9m $835.0m | Added +1.4k |
| STATE STREET CORP 0.02% of their portfolio | 2.5m $348.7m | Added +48.2k |
| FMR LLC 0.03% of their portfolio | 2.4m $334.4m | Added +471.4k |
| FRANKLIN RESOURCES INC 0.14% of their portfolio | 2.2m $307.7m | Added +153.3k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 1.33% of their portfolio | 2.1m $301.8m | Added +101.3k |
| GREENHAVEN ASSOCIATES INC 2.70% of their portfolio | 1.8m $253.2m | Added +3.0k |
| MORGAN STANLEY 0.01% of their portfolio | 1.2m $175.4m | Added +711.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.22% of their portfolio | 1.2m $174.4m | Added +150.0k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 1.1m $156.7m | Reduced -156.4k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.05% of their portfolio | 1.1m $156.5m | Reduced -827.5k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 1.1m $155.3m | Added +410.3k |
| LYRICAL ASSET MANAGEMENT LP 2.46% of their portfolio | 1.1m $150.8m | Added +380.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 1.0m $143.7m | Added +23.1k |
| Boston Partners 0.18% of their portfolio | 981.7k $138.6m | Added +391.9k |
| HARRIS ASSOCIATES L P 0.20% of their portfolio | 818.1k $115.5m | Reduced -13.9k |
| Amundi 0.05% of their portfolio | 718.4k $100.7m | Reduced -11.1k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 688.3k $97.2m | Reduced -6.4k |
| LSV ASSET MANAGEMENT 0.20% of their portfolio | 642.7k $90.8m | Reduced -13.9k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.43% of their portfolio | 608.6k $85.9m | Reduced -9.6k |
| NORGES BANK 0.01% of their portfolio | 563.8k $79.6m | Reduced -26.9k |
| Point72 Asset Management, L.P. 0.23% of their portfolio | 540.9k $76.4m | Added +490.3k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 508.7k $71.8m | Reduced -20.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 450.9k $63.7m | Added +13.6k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 432.1k $61.0m | Reduced -17.1k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 419.2k $59.2m | Reduced -67.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 404.3k $57.1m | Added +221.7k |
| Alberta Investment Management Corp 0.49% of their portfolio | 370.3k $52.3m | Unchanged |
| Legal & General Group Plc 0.01% of their portfolio | 321.1k $45.3m | Reduced -9.8k |
| Paradice Investment Management LLC 5.44% of their portfolio | 306.6k $43.3m | Reduced -154.4k |
| Invesco Ltd. 0.01% of their portfolio | 304.1k $42.9m | Reduced -273.6k |
| Russell Investments Group, Ltd. 0.08% of their portfolio | 301.8k $42.6m | Reduced -19.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 298.1k $42.1m | Reduced -915 |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 282.6k $39.9m | Added +13.0k |
| Qube Research & Technologies Ltd 0.09% of their portfolio | 267.5k $37.8m | Reduced -6.5k |
| JUPITER ASSET MANAGEMENT LTD 0.37% of their portfolio | 261.2k $36.9m | Added +18.2k |
| Caisse de depot et placement du Quebec 0.09% of their portfolio | 252.6k $35.7m | Reduced -42.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 213.9k $30.2m | Reduced -2.8k |
| STOREBRAND ASSET MANAGEMENT AS 0.11% of their portfolio | 207.7k $29.3m | Added +33.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.11% of their portfolio | 203.7k $28.8m | Added +121.3k |
| Thrivent Financial for Lutherans 0.06% of their portfolio | 200.1k $28.3m | Reduced -25.6k |
| Swiss National Bank 0.02% of their portfolio | 184.0k $26.0m | Reduced -5.3k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 180.0k $25.4m | Reduced -6.1k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 179.2k $25.3m | Reduced -6.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 175.8k $24.8m | Added +735 |
| DEPRINCE RACE & ZOLLO INC 0.55% of their portfolio | 171.7k $24.2m | Reduced -2.3k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 167.7k $23.7m | Reduced -23.3k |
| GREAT LAKES ADVISORS, LLC 0.19% of their portfolio | 140.2k $19.8m | Reduced -8.2k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 138.6k $19.6m | Added +26.1k |
| Retirement Systems of Alabama 0.08% of their portfolio | 137.4k $19.4m | Reduced -385 |
| TUDOR INVESTMENT CORP ET AL 0.27% of their portfolio | 137.0k $19.3m | Added +62.5k |
| BARCLAYS PLC 0.01% of their portfolio | 136.3k $19.3m | Added +75.0k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 131.9k $18.6m | Added +15.8k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio | 124.8k $17.6m | Reduced -62.0k |
| Cubist Systematic Strategies, LLC 0.22% of their portfolio | 123.7k $17.5m | Added +81.5k |
| Arnhold LLC 1.94% of their portfolio | 122.7k $17.3m | Reduced -198 |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 115.3k $16.3m | Reduced -133.2k |
| California Public Employees Retirement System 0.01% of their portfolio | 115.0k $16.2m | Reduced -3.8k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.22% of their portfolio | 109.3k $15.4m | Reduced -88.4k |
| ARGA Investment Management, LP 0.53% of their portfolio | 107.6k $15.2m | Added +49.1k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 103.4k $14.6m | New |
| Robeco Institutional Asset Management B.V. 0.03% of their portfolio | 96.2k $13.6m | Added +32.8k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 95.1k $13.4m | Added +49.2k |
| EAGLE GLOBAL ADVISORS LLC 0.80% of their portfolio | 93.3k $13.2m | Added +32.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 92.6k $13.1m | Reduced -5.0k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 88.5k $12.5m | Added +528 |
| Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio | 87.5k $12.3m | Reduced -3.3k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 86.1k $12.2m | Added +2.7k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.22% of their portfolio | 85.6k $12.1m | Reduced -1.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 82.3k $11.6m | Reduced -3.2k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 81.9k $11.6m | Added +31.0k |
| Man Group plc 0.03% of their portfolio | 81.8k $11.6m | New |
| Candriam S.C.A. 0.08% of their portfolio | 80.8k $11.4m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 80.4k $11.4m | Reduced -10.2k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.05% of their portfolio | 78.7k $11.1m | Reduced -4.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 78.6k $11.1m | Reduced -61.7k |
| SKBA CAPITAL MANAGEMENT LLC 1.83% of their portfolio | 77.0k $10.9m | Added +2.7k |
| COBALT CAPITAL MANAGEMENT, INC. 3.69% of their portfolio | 75.0k $10.6m | New |
| SCOUT INVESTMENTS, INC. 0.26% of their portfolio | 73.6k $10.4m | Reduced -11.7k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.07% of their portfolio | 68.4k $9.7m | Added +59.1k |
| ISTHMUS PARTNERS, LLC 1.14% of their portfolio | 62.2k $8.8m | Added +2.6k |
| GUGGENHEIM CAPITAL LLC 0.06% of their portfolio | 60.2k $8.5m | Added +1.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 58.5k $8.3m | Added +11.3k |
| KBC Group NV 0.03% of their portfolio | 58.1k $8.2m | Reduced -19.7k |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 57.5k $8.1m | Added +2.7k |
| GLENMEDE TRUST CO NA 0.04% of their portfolio | 57.1k $8.1m | Added +43.9k |
| AMF Tjanstepension AB 0.07% of their portfolio | 56.9k $8.0m | Reduced -16.2k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.03% of their portfolio | 53.7k $7.6m | Reduced -4.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 53.5k $7.5m | Reduced -2.6k |
| COMERICA BANK 0.03% of their portfolio | 51.4k $7.3m | Reduced -600 |
| NOMURA ASSET MANAGEMENT CO LTD 0.03% of their portfolio | 51.3k $7.2m | Added +7.7k |
| NATIXIS ADVISORS, LLC 0.02% of their portfolio | 50.8k $7.2m | Reduced -15.3k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.06% of their portfolio | 50.3k $7.1m | Added +435 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 50.0k $7.1m | Reduced -4.2k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 48.3k $6.8m | Reduced -23.7k |
| Treasurer of the State of North Carolina 0.03% of their portfolio | 46.1k $6.5m | Added +9.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 43.1k $6.1m | Reduced -65 |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 42.1k $5.9m | Added +36.4k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 41.4k $5.9m | Added +150 |