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 ($41.7m this quarter). Holder counts are more reliable. Shares outstanding: 54.3m as of 2024-10-21, 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 ≈ $109.29. Options: 16 managers hold calls ($36.2m notional), 13 hold puts ($38.6m).
Trends to Q3 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 |
| Q3 2024 | 433 |
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 |
| Q3 2024 | 199 | 233 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $31.3m | $21.1m | 0.68 |
| Q1 2024 | $27.1m | $26.3m | 0.97 |
| Q2 2024 | $19.2m | $24.1m | 1.25 |
| Q3 2024 | $36.2m | $38.6m | 1.06 |
Biggest buyers
| PZENA INVESTMENT MANAGEMENT LLC | Added | +526.8k |
| DIMENSIONAL FUND ADVISORS LP | Added | +459.0k |
| RWC Asset Management LLP | Added | +329.5k |
| Pacer Advisors, Inc. | Added | +247.3k |
| FIRST TRUST ADVISORS LP | Added | +212.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +206.8k |
| Focus Partners Wealth | New | +133.3k |
| Loews Corp | New | +120.5k |
| ExodusPoint Capital Management, LP | Added | +111.4k |
| VANGUARD GROUP INC | Added | +100.7k |
Biggest sellers
| FMR LLC | Reduced | -656.3k |
| Point72 Asset Management, L.P. | Reduced | -530.9k |
| CITADEL ADVISORS LLC | Reduced | -415.2k |
| GOLDMAN SACHS GROUP INC | Reduced | -354.7k |
| NORGES BANK | Reduced | -335.1k |
| HARRIS ASSOCIATES L P | Reduced | -261.3k |
| DEPRINCE RACE & ZOLLO INC | Reduced | -210.5k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -153.9k |
| Invesco Ltd. | Reduced | -148.3k |
| Legal & General Group Plc | Reduced | -127.6k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $10.5m96.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $6.0m55.4k shares |
| Portman Square Capital LLP | Unchanged | $2.9m26.6k shares |
| SIMPLEX TRADING, LLC | Added | $2.7m24.7k shares |
| PEAK6 Investments LLC | New | $2.3m20.7k shares |
| Walleye Capital LLC | Added | $2.2m20.4k shares |
| Cubist Systematic Strategies, LLC | Added | $1.7m15.2k shares |
| Muzinich & Co., Inc. | New | $1.6m15.0k shares |
| JANE STREET GROUP, LLC | Added | $1.6m14.4k shares |
| Walleye Trading LLC | Added | $1.5m14.2k shares |
Biggest puts
| Portman Square Capital LLP | Unchanged | $8.4m76.6k shares |
| PEAK6 Investments LLC | Added | $6.7m61.8k shares |
| Walleye Capital LLC | Added | $4.9m45.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.9m45.1k shares |
| CITADEL ADVISORS LLC | Added | $4.1m37.9k shares |
| SIMPLEX TRADING, LLC | Added | $3.6m33.1k shares |
| Cubist Systematic Strategies, LLC | Added | $1.8m16.3k shares |
| D. E. Shaw & Co., Inc. | Reduced | $1.4m12.8k shares |
| Walleye Trading LLC | Added | $1.3m12.1k shares |
| JANE STREET GROUP, LLC | Added | $567.6k5.2k 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 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q3 2024 | 0 | — | 0 | — | — |
None reported in Q3 2024.
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| PZENA INVESTMENT MANAGEMENT LLC 2.71% of their portfolio | 7.7m $842.1m | Added +526.8k |
| BlackRock, Inc. 0.02% of their portfolio | 6.8m $741.6m | First filing |
| VANGUARD GROUP INC 0.01% of their portfolio | 6.0m $659.7m | Added +100.7k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 1.16% of their portfolio | 2.6m $287.2m | Reduced -123.9k |
| FMR LLC 0.02% of their portfolio | 2.5m $268.2m | Reduced -656.3k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 2.3m $254.4m | Added +459.0k |
| STATE STREET CORP 0.01% of their portfolio | 2.0m $212.9m | Reduced -73.2k |
| GREENHAVEN ASSOCIATES INC 2.33% of their portfolio | 1.8m $198.6m | Added +2.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.06% of their portfolio | 1.7m $187.0m | Added +206.8k |
| Pacer Advisors, Inc. 0.29% of their portfolio | 1.3m $138.0m | Added +247.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.1m $124.6m | Added +44.1k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.1m $119.0m | Reduced -354.7k |
| LYRICAL ASSET MANAGEMENT LP 1.63% of their portfolio | 1.0m $112.1m | Reduced -43.9k |
| Boston Partners 0.12% of their portfolio | 964.8k $105.3m | Reduced -50.8k |
| MORGAN STANLEY 0.01% of their portfolio | 851.1k $92.9m | Added +13.5k |
| FIRST TRUST ADVISORS LP 0.08% of their portfolio | 776.4k $84.7m | Added +212.8k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.30% of their portfolio | 715.8k $78.1m | Added +46.3k |
| LSV ASSET MANAGEMENT 0.15% of their portfolio | 630.1k $68.8m | Reduced -26.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 577.9k $63.1m | Reduced -59.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.20% of their portfolio | 496.4k $54.2m | Added +61.0k |
| ARGA Investment Management, LP 1.71% of their portfolio | 473.9k $51.7m | Added +36.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 467.9k $51.1m | Added +12.4k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 391.8k $42.8m | Reduced -45.9k |
| HARRIS ASSOCIATES L P 0.05% of their portfolio | 360.2k $39.3m | Reduced -261.3k |
| Qube Research & Technologies Ltd 0.07% of their portfolio | 359.3k $39.2m | Added +66.7k |
| NORGES BANK 0.01% of their portfolio | 347.7k $37.9m | Reduced -335.1k |
| RWC Asset Management LLP 2.11% of their portfolio | 333.2k $36.4m | Added +329.5k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 315.8k $34.5m | Reduced -4.3k |
| Alberta Investment Management Corp 0.28% of their portfolio | 295.4k $32.2m | Unchanged |
| ExodusPoint Capital Management, LP 0.32% of their portfolio | 285.0k $31.1m | Added +111.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 271.9k $29.7m | Added +14.4k |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 259.5k $28.3m | Reduced -49.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 237.4k $25.9m | Reduced -29.4k |
| Paradice Investment Management LLC 4.41% of their portfolio | 232.1k $25.3m | Added +3.1k |
| Invesco Ltd. 0.00% of their portfolio | 226.1k $24.7m | Reduced -148.3k |
| Thrivent Financial for Lutherans 0.04% of their portfolio | 203.3k $22.2m | Added +11.3k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 196.8k $21.0m | Added +30.5k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.05% of their portfolio | 184.5k $20.1m | Reduced -23.4k |
| STOREBRAND ASSET MANAGEMENT AS 0.06% of their portfolio | 184.3k $20.1m | Reduced -4.0k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 159.2k $17.4m | Reduced -3.3k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 155.6k $17.0m | Added +51.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 146.5k $16.0m | Reduced -34.6k |
| Retirement Systems of Alabama 0.06% of their portfolio | 144.3k $15.7m | Added +9.8k |
| DEPRINCE RACE & ZOLLO INC 0.30% of their portfolio | 144.1k $15.7m | Reduced -210.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 139.6k $15.2m | Added +32.8k |
| BARCLAYS PLC 0.01% of their portfolio | 135.0k $14.7m | Added +12.1k |
| Focus Partners Wealth 0.07% of their portfolio | 133.3k $23.2m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 130.2k $14.2m | Reduced -58.9k |
| Arnhold LLC 1.28% of their portfolio | 120.6k $13.2m | Reduced -41 |
| Loews Corp 0.10% of their portfolio | 120.5k $13.2m | New |
| California Public Employees Retirement System 0.01% of their portfolio | 117.8k $12.9m | Reduced -1.9k |
| Swiss National Bank 0.01% of their portfolio | 110.9k $12.1m | Reduced -1.2k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 107.9k $11.8m | Reduced -6.9k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.20% of their portfolio | 106.0k $11.6m | Added +4.9k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 104.7k $11.4m | Added +7.5k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 100.9k $11.0m | Reduced -415.2k |
| Legal & General Group Plc 0.00% of their portfolio | 99.0k $10.8m | Reduced -127.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 94.8k $10.3m | Reduced -17.3k |
| Candriam S.C.A. 0.06% of their portfolio | 94.8k $10.3m | Reduced -21.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 93.4k $10.2m | Added +3.3k |
| Gotham Asset Management, LLC 0.11% of their portfolio | 93.4k $10.2m | Added +27.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 91.2k $10.0m | Reduced -118.5k |
| EAGLE GLOBAL ADVISORS LLC 0.49% of their portfolio | 89.7k $9.8m | Reduced -2.9k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 87.5k $9.6m | Added +51.6k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 84.2k $9.2m | Added +9.0k |
| ALPS ADVISORS INC 0.06% of their portfolio | 83.1k $9.1m | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% of their portfolio | 83.1k $9.1m | Added +18.5k |
| Cubist Systematic Strategies, LLC 0.13% of their portfolio | 81.6k $8.9m | Added +65.9k |
| HANTZ FINANCIAL SERVICES, INC. 0.15% of their portfolio | 77.6k $8.5m | Added +31.5k |
| UBS Group AG 0.00% of their portfolio | 76.7k $8.4m | Added +12.0k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.03% of their portfolio | 73.9k $8.1m | Added +22.6k |
| Amundi 0.00% of their portfolio | 73.8k $7.7m | Reduced -7.3k |
| SKBA CAPITAL MANAGEMENT LLC 1.19% of their portfolio | 73.4k $8.0m | Reduced -2.6k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 70.0k $7.6m | Reduced -153.9k |
| NOMURA ASSET MANAGEMENT CO LTD 0.02% of their portfolio | 69.1k $7.5m | Added +5.5k |
| Corebridge Financial, Inc. 0.04% of their portfolio | 66.5k $7.3m | Reduced -5.3k |
| DekaBank Deutsche Girozentrale 0.01% of their portfolio | 66.1k $7.4m | Added +13.1k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 64.5k $7.0m | Added +2.2k |
| LEVEL FOUR ADVISORY SERVICES, LLC 0.25% of their portfolio | 63.0k $6.0m | Added +34.4k |
| GRIMES & Co WEALTH MANAGEMENT, LLC 0.18% of their portfolio | 60.3k $6.6m | Added +17.6k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 59.4k $6.5m | Added +7.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 54.9k $6.0m | Reduced -1.7k |
| GUGGENHEIM CAPITAL LLC 0.04% of their portfolio | 54.8k $6.0m | Reduced -19.3k |
| Robeco Institutional Asset Management B.V. 0.01% of their portfolio | 52.0k $5.7m | Reduced -21.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 51.4k $5.6m | Added +41.2k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 49.4k $5.4m | Reduced -112.0k |
| Squarepoint Ops LLC 0.02% of their portfolio | 48.6k $5.3m | Reduced -9.1k |
| Campbell & CO Investment Adviser LLC 0.39% of their portfolio | 48.0k $5.2m | Added +34.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 46.8k $5.1m | Reduced -6.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 46.5k $5.1m | Reduced -1.5k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 46.1k $5.0m | Reduced -17.7k |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 46.0k $5.0m | Added +8.9k |
| TUDOR INVESTMENT CORP ET AL 0.05% of their portfolio | 45.9k $5.0m | New |
| COMERICA BANK 0.02% of their portfolio | 45.5k $5.0m | Reduced -2.0k |
| Bridgewater Associates, LP 0.03% of their portfolio | 44.7k $4.9m | Reduced -1.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 43.9k $4.8m | Added +5.3k |
| CX Institutional 0.18% of their portfolio | 37.9k $4.1m | Added +14.7k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 37.8k $4.1m | Reduced -1.8k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 37.7k $4.1m | Reduced -1.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 37.2k $4.1m | Reduced -2.9k |