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 ($19.3m this quarter). Holder counts are more reliable. Shares outstanding: 56.8m as of 2024-04-26, 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 ≈ $144.83. Options: 13 managers hold calls ($27.1m notional), 9 hold puts ($26.3m).
Trends to Q1 2024
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 |
| Q1 2024 | 483 |
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 |
| Q1 2024 | 226 | 220 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $32.8m | $17.6m | 0.54 |
| Q3 2023 | $28.2m | $19.7m | 0.70 |
| Q4 2023 | $31.3m | $21.1m | 0.68 |
| Q1 2024 | $27.1m | $26.3m | 0.97 |
Biggest buyers
| MORGAN STANLEY | Added | +1.2m |
| Diamond Hill Capital Management, LLC (Investment Advisor) | Added | +378.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +366.0k |
| FMR LLC | Added | +312.0k |
| FIRST TRUST ADVISORS LP | Added | +295.0k |
| DIMENSIONAL FUND ADVISORS LP | Added | +257.4k |
| ARGA Investment Management, LP | Added | +211.6k |
| CITADEL ADVISORS LLC | Added | +197.8k |
| BANK OF AMERICA CORP /DE/ | Added | +134.8k |
| Varma Mutual Pension Insurance Co | New | +122.0k |
Biggest sellers
| NORDEA INVESTMENT MANAGEMENT AB | Reduced | -787.6k |
| Point72 Asset Management, L.P. | Reduced | -280.4k |
| JUPITER ASSET MANAGEMENT LTD | Sold out | -261.2k |
| Amundi | Reduced | -249.5k |
| Caisse de depot et placement du Quebec | Reduced | -241.4k |
| GOLDMAN SACHS GROUP INC | Reduced | -172.3k |
| Qube Research & Technologies Ltd | Reduced | -126.7k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Sold out | -124.8k |
| HARRIS ASSOCIATES L P | Reduced | -123.8k |
| Cubist Systematic Strategies, LLC | Sold out | -123.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $7.7m53.3k shares |
| MILLENNIUM MANAGEMENT LLC | Unchanged | $5.8m40.0k shares |
| CITADEL ADVISORS LLC | Added | $5.4m37.6k shares |
| SCOPUS ASSET MANAGEMENT, L.P. | Reduced | $3.6m25.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.2m8.0k shares |
| GTS SECURITIES LLC | Added | $869.3k6.0k shares |
| WOLVERINE TRADING, LLC | New | $738.9k5.1k shares |
| Walleye Capital LLC | Reduced | $637.5k4.4k shares |
| TWO SIGMA SECURITIES, LLC | New | $507.1k3.5k shares |
| Walleye Trading LLC | Reduced | $333.2k2.3k shares |
Biggest puts
| BARCLAYS PLC | New | $6.2m42.7k shares |
| MILLENNIUM MANAGEMENT LLC | Unchanged | $5.8m40.0k shares |
| CITADEL ADVISORS LLC | Added | $5.1m34.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.9m26.6k shares |
| Walleye Capital LLC | Added | $2.3m15.8k shares |
| SIMPLEX TRADING, LLC | Added | $1.7m11.7k shares |
| Walleye Trading LLC | Reduced | $1.2m8.0k shares |
| WOLVERINE TRADING, LLC | Added | $275.3k1.9k 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 |
|---|---|
| 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 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 | 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 | — | — |
| Q1 2024 | 0 | — | 2 | $2.2m | $1.8m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-03-05 | Cardew Jason M Sr. VP & CFO | Sold | $387.2k2.8k shares |
| 2024-02-09 | SCOTT RAYMOND E President and CEO, director | Sold plan | $1.4m10.7k shares |
| 2024-01-08 | SCOTT RAYMOND E President and CEO, director | Sold plan | $402.7k3.0k 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, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.03% of their portfolio | 7.6m $1.1bn | Added +64.9k |
| PZENA INVESTMENT MANAGEMENT LLC 3.10% of their portfolio | 6.2m $904.3m | Reduced -12.1k |
| VANGUARD GROUP INC 0.02% of their portfolio | 6.0m $872.6m | Added +109.7k |
| FMR LLC 0.03% of their portfolio | 2.7m $388.3m | Added +312.0k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 1.49% of their portfolio | 2.5m $364.5m | Added +378.3k |
| MORGAN STANLEY 0.01% of their portfolio | 2.4m $350.9m | Added +1.2m |
| STATE STREET CORP 0.02% of their portfolio | 2.4m $341.0m | Reduced -115.7k |
| FRANKLIN RESOURCES INC 0.10% of their portfolio | 2.2m $315.1m | Reduced -4.6k |
| GREENHAVEN ASSOCIATES INC 2.40% of their portfolio | 1.8m $260.6m | Added +6.2k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.06% of their portfolio | 1.5m $213.6m | Added +366.0k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 1.4m $198.1m | Added +257.4k |
| LYRICAL ASSET MANAGEMENT LP 2.35% of their portfolio | 1.1m $157.9m | Added +21.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.1m $155.0m | Added +52.4k |
| Boston Partners 0.18% of their portfolio | 1.0m $148.2m | Added +41.5k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 927.8k $134.4m | Reduced -172.3k |
| HARRIS ASSOCIATES L P 0.16% of their portfolio | 694.3k $100.6m | Reduced -123.8k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 665.2k $96.4m | Reduced -23.1k |
| LSV ASSET MANAGEMENT 0.19% of their portfolio | 630.7k $91.4m | Reduced -12.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.39% of their portfolio | 609.9k $88.4m | Added +1.3k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 553.9k $80.3m | Added +134.8k |
| NORGES BANK 0.01% of their portfolio | 532.8k $77.2m | Reduced -31.0k |
| Amundi 0.03% of their portfolio | 468.9k $66.2m | Reduced -249.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.08% of their portfolio | 449.4k $65.6m | Reduced -787.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 449.4k $65.1m | Reduced -1.5k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 445.5k $64.5m | Reduced -63.2k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 430.1k $62.3m | Reduced -2.0k |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 426.9k $61.8m | Added +295.0k |
| Invesco Ltd. 0.01% of their portfolio | 409.3k $59.3m | Added +105.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 341.1k $49.4m | Reduced -63.2k |
| ARGA Investment Management, LP 1.55% of their portfolio | 319.2k $46.2m | Added +211.6k |
| Legal & General Group Plc 0.01% of their portfolio | 317.0k $45.9m | Reduced -4.1k |
| Russell Investments Group, Ltd. 0.07% of their portfolio | 307.4k $44.5m | Added +5.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 300.1k $43.5m | Added +1.9k |
| Alberta Investment Management Corp 0.44% of their portfolio | 297.1k $43.1m | Reduced -73.2k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 296.9k $43.0m | Added +14.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.15% of their portfolio | 274.0k $39.7m | Added +70.3k |
| Point72 Asset Management, L.P. 0.11% of their portfolio | 260.4k $37.7m | Reduced -280.4k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 239.9k $34.8m | Added +197.8k |
| Paradice Investment Management LLC 5.75% of their portfolio | 229.0k $33.2m | Reduced -77.6k |
| Thrivent Financial for Lutherans 0.07% of their portfolio | 227.6k $33.0m | Added +27.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 214.9k $31.1m | Added +973 |
| MARSHALL WACE, LLP 0.05% of their portfolio | 210.4k $30.5m | Added +107.0k |
| STOREBRAND ASSET MANAGEMENT AS 0.10% of their portfolio | 196.0k $28.4m | Reduced -11.7k |
| DEPRINCE RACE & ZOLLO INC 0.57% of their portfolio | 183.9k $26.6m | Added +12.2k |
| BARCLAYS PLC 0.01% of their portfolio | 180.3k $26.1m | Added +44.0k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 174.8k $25.3m | Reduced -4.4k |
| Swiss National Bank 0.02% of their portfolio | 174.5k $25.3m | Reduced -9.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 173.6k $25.1m | Reduced -2.3k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 160.0k $23.2m | Reduced -7.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 156.3k $22.6m | Added +77.7k |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 140.8k $20.4m | Reduced -126.7k |
| Retirement Systems of Alabama 0.08% of their portfolio | 136.0k $19.7m | Reduced -1.3k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 134.6k $19.5m | Reduced -45.4k |
| Varma Mutual Pension Insurance Co 0.15% of their portfolio | 122.0k $17.7m | New |
| Arnhold LLC 1.85% of their portfolio | 121.0k $17.5m | Reduced -1.7k |
| California Public Employees Retirement System 0.01% of their portfolio | 114.8k $16.6m | Reduced -251 |
| ExodusPoint Capital Management, LP 0.20% of their portfolio | 110.9k $16.1m | New |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 110.2k $16.0m | Reduced -28.3k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 102.7k $14.9m | Added +20.8k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 98.5k $14.3m | Added +10.0k |
| GLENMEDE TRUST CO NA 0.07% of their portfolio | 97.8k $14.2m | Added +40.7k |
| Empowered Funds, LLC 0.13% of their portfolio | 97.3k $14.1m | New |
| Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio | 96.4k $13.3m | Added +9.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 94.3k $13.7m | Added +1.7k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.22% of their portfolio | 93.6k $13.6m | Added +7.9k |
| EAGLE GLOBAL ADVISORS LLC 0.76% of their portfolio | 93.4k $13.5m | Added +106 |
| Robeco Institutional Asset Management B.V. 0.03% of their portfolio | 90.5k $13.1m | Reduced -5.7k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 88.1k $12.8m | Added +2.0k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 85.5k $12.4m | Added +82.5k |
| UBS Group AG 0.00% of their portfolio | 83.9k $12.2m | Added +42.8k |
| Candriam S.C.A. 0.08% of their portfolio | 81.7k $11.8m | Added +834 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 80.9k $11.7m | Reduced -1.4k |
| SKBA CAPITAL MANAGEMENT LLC 1.74% of their portfolio | 76.8k $11.1m | Reduced -150 |
| Man Group plc 0.03% of their portfolio | 76.3k $11.1m | Reduced -5.5k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.04% of their portfolio | 75.5k $10.9m | Reduced -3.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 72.6k $10.5m | Reduced -7.9k |
| GREAT LAKES ADVISORS, LLC 0.09% of their portfolio | 70.9k $10.3m | Reduced -69.2k |
| SCOUT INVESTMENTS, INC. 0.25% of their portfolio | 69.4k $10.0m | Reduced -4.2k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.06% of their portfolio | 67.7k $9.8m | Reduced -650 |
| GUGGENHEIM CAPITAL LLC 0.07% of their portfolio | 66.3k $9.6m | Added +6.1k |
| DekaBank Deutsche Girozentrale 0.02% of their portfolio | 63.8k $9.1m | Added +49.2k |
| ISTHMUS PARTNERS, LLC 1.04% of their portfolio | 63.1k $9.1m | Added +879 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 63.0k $8.8m | Added +4.6k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 61.2k $8.9m | Reduced -33.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 58.5k $8.5m | Added +8.4k |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 57.2k $8.3m | Reduced -262 |
| AMF Tjanstepension AB 0.06% of their portfolio | 56.9k $8.3m | Unchanged |
| Treasurer of the State of North Carolina 0.04% of their portfolio | 55.8k $8.1m | Added +9.8k |
| Mitsubishi UFJ Trust & Banking Corp 0.02% of their portfolio | 55.0k $8.0m | Added +14.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 54.4k $7.9m | Added +974 |
| NATIXIS ADVISORS, LLC 0.02% of their portfolio | 53.8k $7.8m | Added +3.1k |
| NOMURA ASSET MANAGEMENT CO LTD 0.03% of their portfolio | 52.1k $7.5m | Added +783 |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.03% of their portfolio | 51.0k $7.4m | Reduced -2.7k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 50.8k $7.4m | Added +9.4k |
| COMERICA BANK 0.03% of their portfolio | 50.4k $7.3m | Reduced -983 |
| TEXAS PERMANENT SCHOOL FUND CORP 0.06% of their portfolio | 49.9k $7.2m | Reduced -413 |
| Squarepoint Ops LLC 0.03% of their portfolio | 48.0k $7.0m | Added +12.3k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 47.2k $6.8m | Added +35.7k |
| Gotham Asset Management, LLC 0.10% of their portfolio | 44.6k $6.5m | Added +27.4k |
| HANTZ FINANCIAL SERVICES, INC. 0.12% of their portfolio | 43.8k $6.3m | Added +8.8k |