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 ($22.1m this quarter). Holder counts are more reliable. Shares outstanding: 56.3m as of 2024-07-22, 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 ≈ $114.23. Options: 12 managers hold calls ($19.2m notional), 13 hold puts ($24.1m).
Trends to Q2 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 |
| Q2 2024 | 442 |
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 |
| Q2 2024 | 203 | 280 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $28.2m | $19.7m | 0.70 |
| Q4 2023 | $31.3m | $21.1m | 0.68 |
| Q1 2024 | $27.1m | $26.3m | 0.97 |
| Q2 2024 | $19.2m | $24.1m | 1.25 |
Biggest buyers
| Pacer Advisors, Inc. | Added | +1.0m |
| PZENA INVESTMENT MANAGEMENT LLC | Added | +946.1k |
| GOLDMAN SACHS GROUP INC | Added | +517.5k |
| DIMENSIONAL FUND ADVISORS LP | Added | +504.1k |
| FMR LLC | Added | +433.0k |
| Point72 Asset Management, L.P. | Added | +300.7k |
| CITADEL ADVISORS LLC | Added | +276.2k |
| Diamond Hill Capital Management, LLC (Investment Advisor) | Added | +239.0k |
| ROYAL LONDON ASSET MANAGEMENT LTD | Added | +183.7k |
| DEPRINCE RACE & ZOLLO INC | Added | +170.6k |
Biggest sellers
| FRANKLIN RESOURCES INC | Reduced | -2.0m |
| MORGAN STANLEY | Reduced | -1.6m |
| NORDEA INVESTMENT MANAGEMENT AB | Reduced | -416.5k |
| Amundi | Reduced | -387.8k |
| STATE STREET CORP | Reduced | -330.3k |
| BANK OF AMERICA CORP /DE/ | Reduced | -296.5k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -220.5k |
| MARSHALL WACE, LLP | Sold out | -210.4k |
| Sumitomo Mitsui Trust Group, Inc. | Reduced | -145.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -119.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $8.5m74.4k shares |
| Portman Square Capital LLP | New | $3.0m26.6k shares |
| CITADEL ADVISORS LLC | Reduced | $2.7m23.5k shares |
| Cubist Systematic Strategies, LLC | New | $1.4m12.5k shares |
| GTS SECURITIES LLC | Added | $902.3k7.9k shares |
| Walleye Capital LLC | Added | $742.4k6.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $662.0k5.8k shares |
| Walleye Trading LLC | Added | $502.5k4.4k shares |
| WOLVERINE TRADING, LLC | Reduced | $479.7k4.2k shares |
| JANE STREET GROUP, LLC | Unchanged | $205.6k1.8k shares |
Biggest puts
| Portman Square Capital LLP | New | $8.7m76.6k shares |
| PEAK6 Investments LLC | New | $3.9m33.8k shares |
| CITADEL ADVISORS LLC | Reduced | $3.7m32.7k shares |
| D. E. Shaw & Co., Inc. | New | $1.8m15.8k shares |
| Cubist Systematic Strategies, LLC | New | $1.5m13.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.2m10.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.1m9.3k shares |
| WOLVERINE TRADING, LLC | Added | $799.5k7.0k shares |
| JANE STREET GROUP, LLC | New | $582.5k5.1k shares |
| Walleye Trading LLC | Reduced | $422.6k3.7k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 |
| Q2 2024 | 0 | — | 2 | $455.4k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-05-28 | MALLETT CONRAD L JR Director | Sold | $159.2k1.3k shares |
| 2024-05-23 | SMITH GREG C Director | Sold | $296.3k2.4k 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, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.02% of their portfolio | 7.6m $870.0m | Added +12.6k |
| PZENA INVESTMENT MANAGEMENT LLC 2.89% of their portfolio | 7.2m $820.9m | Added +946.1k |
| VANGUARD GROUP INC 0.01% of their portfolio | 5.9m $678.8m | Reduced -79.8k |
| FMR LLC 0.02% of their portfolio | 3.1m $355.6m | Added +433.0k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 1.35% of their portfolio | 2.8m $314.6m | Added +239.0k |
| STATE STREET CORP 0.01% of their portfolio | 2.0m $231.1m | Reduced -330.3k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 1.9m $213.7m | Added +504.1k |
| GREENHAVEN ASSOCIATES INC 2.73% of their portfolio | 1.8m $207.5m | Added +17.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.05% of their portfolio | 1.5m $172.1m | Added +32.3k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 1.4m $165.1m | Added +517.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.1m $125.4m | Added +25.6k |
| LYRICAL ASSET MANAGEMENT LP 1.96% of their portfolio | 1.1m $122.3m | Reduced -18.4k |
| Pacer Advisors, Inc. 0.27% of their portfolio | 1.0m $116.1m | Added +1.0m |
| Boston Partners 0.14% of their portfolio | 1.0m $116.0m | Reduced -7.6k |
| MORGAN STANLEY 0.01% of their portfolio | 837.6k $95.7m | Reduced -1.6m |
| NORGES BANK 0.01% of their portfolio | 682.7k $78.0m | Added +150.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.32% of their portfolio | 669.5k $76.5m | Added +59.6k |
| LSV ASSET MANAGEMENT 0.16% of their portfolio | 656.1k $74.9m | Added +25.4k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 637.7k $72.8m | Reduced -27.6k |
| HARRIS ASSOCIATES L P 0.12% of their portfolio | 621.4k $71.0m | Reduced -72.9k |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 563.7k $64.4m | Added +136.8k |
| Point72 Asset Management, L.P. 0.21% of their portfolio | 561.1k $64.1m | Added +300.7k |
| CITADEL ADVISORS LLC 0.06% of their portfolio | 516.1k $58.9m | Added +276.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 455.5k $52.0m | Added +6.1k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 437.6k $50.0m | Reduced -7.9k |
| ARGA Investment Management, LP 1.75% of their portfolio | 437.4k $50.0m | Added +118.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.18% of their portfolio | 435.4k $49.7m | Added +161.4k |
| Invesco Ltd. 0.01% of their portfolio | 374.4k $42.8m | Reduced -34.8k |
| DEPRINCE RACE & ZOLLO INC 0.90% of their portfolio | 354.6k $40.5m | Added +170.6k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 320.1k $36.6m | Added +23.2k |
| Russell Investments Group, Ltd. 0.06% of their portfolio | 308.6k $35.2m | Added +1.2k |
| Alberta Investment Management Corp 0.36% of their portfolio | 295.4k $33.7m | Reduced -1.7k |
| Qube Research & Technologies Ltd 0.06% of their portfolio | 292.6k $33.4m | Added +151.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 266.8k $30.5m | Reduced -74.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 257.5k $29.4m | Reduced -296.5k |
| Paradice Investment Management LLC 4.62% of their portfolio | 229.0k $26.2m | Unchanged |
| Legal & General Group Plc 0.01% of their portfolio | 226.5k $25.9m | Reduced -90.4k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 224.0k $25.4m | Added +64.0k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 209.6k $23.9m | Reduced -220.5k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.06% of their portfolio | 207.9k $23.7m | Added +183.7k |
| Thrivent Financial for Lutherans 0.04% of their portfolio | 192.1k $21.9m | Reduced -35.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 189.1k $21.6m | Reduced -25.8k |
| STOREBRAND ASSET MANAGEMENT AS 0.07% of their portfolio | 188.3k $21.5m | Reduced -7.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 181.1k $20.7m | Reduced -119.0k |
| ExodusPoint Capital Management, LP 0.22% of their portfolio | 173.5k $19.8m | Added +62.6k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 166.3k $19.0m | Reduced -2.0m |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 162.5k $18.6m | Reduced -12.3k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 161.4k $18.4m | Added +155.5k |
| Retirement Systems of Alabama 0.06% of their portfolio | 134.5k $15.4m | Reduced -1.5k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 128.1k $14.6m | Added +115.2k |
| BARCLAYS PLC 0.01% of their portfolio | 123.0k $14.0m | Reduced -57.4k |
| Arnhold LLC 1.45% of their portfolio | 120.6k $13.8m | Reduced -395 |
| California Public Employees Retirement System 0.01% of their portfolio | 119.7k $13.7m | Added +4.9k |
| Candriam S.C.A. 0.08% of their portfolio | 116.3k $13.3m | Added +34.6k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 114.8k $13.1m | Reduced -19.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 112.1k $12.8m | Added +39.5k |
| Swiss National Bank 0.01% of their portfolio | 112.1k $12.8m | Reduced -62.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 106.8k $12.2m | Reduced -49.5k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 104.6k $11.9m | Added +1.9k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.20% of their portfolio | 101.1k $11.6m | Added +7.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 99.2k $11.3m | Added +87.1k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 97.2k $11.1m | Reduced -1.3k |
| EAGLE GLOBAL ADVISORS LLC 0.56% of their portfolio | 92.6k $10.6m | Reduced -777 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 90.1k $10.3m | Reduced -4.3k |
| AMF Tjanstepension AB 0.07% of their portfolio | 83.1k $9.5m | Added +26.2k |
| Amundi 0.00% of their portfolio | 81.1k $9.3m | Reduced -387.8k |
| Treasurer of the State of North Carolina 0.04% of their portfolio | 76.1k $8.7m | Added +20.3k |
| SKBA CAPITAL MANAGEMENT LLC 1.39% of their portfolio | 76.0k $8.7m | Reduced -850 |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 75.1k $8.6m | Added +13.9k |
| GUGGENHEIM CAPITAL LLC 0.06% of their portfolio | 74.1k $8.5m | Added +7.8k |
| Robeco Institutional Asset Management B.V. 0.02% of their portfolio | 73.1k $8.4m | Reduced -17.3k |
| Corebridge Financial, Inc. 0.05% of their portfolio | 71.8k $8.2m | First filing |
| Engineers Gate Manager LP 0.18% of their portfolio | 70.9k $8.1m | Added +62.1k |
| Gotham Asset Management, LLC 0.10% of their portfolio | 66.4k $7.6m | Added +21.7k |
| UBS Group AG 0.00% of their portfolio | 64.7k $7.4m | Reduced -19.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% of their portfolio | 64.6k $7.4m | First filing |
| ISTHMUS PARTNERS, LLC 0.87% of their portfolio | 64.4k $7.4m | Added +1.3k |
| Empowered Funds, LLC 0.13% of their portfolio | 64.1k $7.3m | Reduced -33.2k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 63.7k $7.3m | Added +27.5k |
| NOMURA ASSET MANAGEMENT CO LTD 0.02% of their portfolio | 63.6k $7.3m | Added +11.5k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 62.2k $7.1m | Added +5.0k |
| Varma Mutual Pension Insurance Co 0.05% of their portfolio | 58.1k $6.6m | Reduced -63.9k |
| Squarepoint Ops LLC 0.02% of their portfolio | 57.8k $6.6m | Added +9.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 56.5k $6.5m | Reduced -24.4k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 56.4k $7.3m | Added +42.3k |
| AustralianSuper Pty Ltd 0.04% of their portfolio | 54.9k $6.3m | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 53.6k $6.1m | Reduced -806 |
| DekaBank Deutsche Girozentrale 0.01% of their portfolio | 53.0k $5.9m | Reduced -10.8k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 51.5k $5.9m | Added +665 |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.02% of their portfolio | 51.3k $5.9m | Added +342 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 48.0k $5.5m | Reduced -10.5k |
| COMERICA BANK 0.02% of their portfolio | 47.5k $5.4m | Reduced -2.9k |
| Bridgewater Associates, LP 0.03% of their portfolio | 46.7k $5.3m | New |
| HANTZ FINANCIAL SERVICES, INC. 0.10% of their portfolio | 46.1k $5.3m | Added +2.2k |
| Y-Intercept (Hong Kong) Ltd 0.29% of their portfolio | 45.7k $5.2m | Added +43.7k |
| Brandywine Global Investment Management, LLC 0.04% of their portfolio | 45.3k $5.2m | Added +15.8k |
| Robeco Schweiz AG 0.09% of their portfolio | 42.8k $4.9m | Unchanged |
| GRIMES & Co WEALTH MANAGEMENT, LLC 0.15% of their portfolio | 42.8k $4.9m | Added +2.4k |
| TWINBEECH CAPITAL LP 0.09% of their portfolio | 41.7k $4.8m | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 40.1k $4.6m | Reduced -1.8k |