LITHIA MTRS INC LAD
COM · Common Stock · CUSIP 536797103 · ISIN US5367971034
American automobile dealer/retailer
- SectorConsumer discretionary
- IndustryRetail-Auto Dealers & Gasoline Stations
- HeadquartersMedford, OR
- Founded1946
- Websitelithia.com
- FilingsSEC EDGAR
* 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 ($51.0m this quarter). Holder counts are more reliable. Shares outstanding: 26.6m as of 2024-10-25, 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 ≈ $317.16. Options: 16 managers hold calls ($104.5m notional), 14 hold puts ($57.3m).
Trends to Q3 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 393 |
| Q4 2022 | 373 |
| Q1 2023 | 377 |
| Q2 2023 | 369 |
| Q3 2023 | 388 |
| Q4 2023 | 388 |
| Q1 2024 | 414 |
| Q2 2024 | 376 |
| Q3 2024 | 406 |
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 | 163 | 206 |
| Q1 2023 | 182 | 171 |
| Q2 2023 | 159 | 205 |
| Q3 2023 | 167 | 183 |
| Q4 2023 | 178 | 177 |
| Q1 2024 | 190 | 174 |
| Q2 2024 | 177 | 220 |
| Q3 2024 | 210 | 187 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $101.5m | $141.3m | 1.39 |
| Q1 2024 | $91.3m | $94.9m | 1.04 |
| Q2 2024 | $45.1m | $41.6m | 0.92 |
| Q3 2024 | $104.5m | $57.3m | 0.55 |
Biggest buyers
| Madison Asset Management, LLC | New | +230.3k |
| Point72 Asset Management, L.P. | Added | +215.5k |
| STEADFAST CAPITAL MANAGEMENT LP | New | +193.6k |
| Balyasny Asset Management L.P. | Added | +185.4k |
| DIMENSIONAL FUND ADVISORS LP | Added | +151.0k |
| MILLENNIUM MANAGEMENT LLC | Added | +143.6k |
| Verition Fund Management LLC | Added | +120.7k |
| Alyeska Investment Group, L.P. | New | +114.1k |
| Covalis Capital LLP | New | +112.6k |
| HITE Hedge Asset Management LLC | Added | +105.6k |
Biggest sellers
| MFN Partners Management, LP | Sold out | -890.0k |
| ROYAL LONDON ASSET MANAGEMENT LTD | Reduced | -255.9k |
| Fiera Capital Corp | Sold out | -191.9k |
| Brandywine Global Investment Management, LLC | Reduced | -122.2k |
| Invesco Ltd. | Reduced | -70.8k |
| VANGUARD GROUP INC | Reduced | -69.7k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC | Reduced | -63.0k |
| NEW YORK STATE COMMON RETIREMENT FUND | Reduced | -53.4k |
| BANK OF MONTREAL /CAN/ | Reduced | -46.0k |
| CARDINAL CAPITAL MANAGEMENT LLC /CT | Sold out | -43.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $40.7m128.1k shares |
| JANE STREET GROUP, LLC | New | $16.4m51.5k shares |
| D. E. Shaw & Co., Inc. | Added | $16.0m50.4k shares |
| CITADEL ADVISORS LLC | Added | $13.2m41.7k shares |
| Twin Tree Management, LP | New | $6.6m20.7k shares |
| SIMPLEX TRADING, LLC | Added | $3.0m9.6k shares |
| GTS SECURITIES LLC | Added | $2.5m7.8k shares |
| WOLVERINE TRADING, LLC | Added | $2.2m6.9k shares |
| Point72 Asset Management, L.P. | New | $1.3m4.0k shares |
| Walleye Trading LLC | Reduced | $825.9k2.6k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $26.3m82.8k shares |
| CITADEL ADVISORS LLC | Added | $6.3m19.8k shares |
| D. E. Shaw & Co., Inc. | Added | $5.5m17.3k shares |
| JANE STREET GROUP, LLC | New | $5.2m16.4k shares |
| SIMPLEX TRADING, LLC | New | $3.5m11.0k shares |
| WOLVERINE TRADING, LLC | Added | $3.3m10.2k shares |
| Walleye Trading LLC | Added | $1.5m4.8k shares |
| GTS SECURITIES LLC | Added | $1.5m4.7k shares |
| BARCLAYS PLC | New | $1.5m4.6k shares |
| Point72 Asset Management, L.P. | New | $1.5m4.6k 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 |
|---|---|
| ABRAMS CAPITAL MANAGEMENT, L.P. 13G · passive investor filed 2025-11-04 | 10.3% |
| FMR LLC 13G · institution +2.0 pts · filed 2026-08-06 | 9.6% |
| HARRIS ASSOCIATES L P 13G · institution filed 2026-05-15 | 8.4% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution +1.1 pts · filed 2026-07-14 | 6.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.3% |
Fell to 5% or below in the last year: VANGUARD PORTFOLIO MANAGEMENT LLC (4.9%, 2026-07-31; now reported by VANGUARD CAPITAL MANAGEMENT LLC), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL 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 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 1 | $43.4k | — |
| Q2 2023 | 0 | — | 2 | $421.7k | — |
| Q3 2023 | 0 | — | 6 | $20.0m | — |
| Q4 2023 | 0 | — | 1 | $24.8k | — |
| Q1 2024 | 0 | — | 1 | $40.2k | — |
| Q2 2024 | 0 | — | 1 | $35.1k | — |
| Q3 2024 | 0 | — | 3 | $4.6m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-09-13 | DEBOER SIDNEY B Director | Sold | $3.0m10.8k shares |
| 2024-08-23 | DEBOER SIDNEY B Director | Sold | $1.4m5.0k shares |
| 2024-08-15 | Miramontes Louis Director | Sold | $85.3k300 shares |
| 2024-08-02 | McIntyre Shauna Director | Sold | $88.6k306 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 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 2.7m $862.5m | Reduced -69.7k |
| ABRAMS CAPITAL MANAGEMENT, L.P. 12.20% of their portfolio | 2.4m $759.5m | Unchanged |
| BlackRock, Inc. 0.02% of their portfolio | 2.3m $733.8m | First filing |
| HARRIS ASSOCIATES L P 0.85% of their portfolio | 2.0m $648.4m | Added +24.0k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 1.70% of their portfolio | 1.6m $520.3m | Reduced -63.0k |
| DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio | 1.2m $370.9m | Added +151.0k |
| Brave Warrior Advisors, LLC 5.63% of their portfolio | 854.6k $271.4m | Reduced -621 |
| STATE STREET CORP 0.01% of their portfolio | 827.9k $263.0m | Reduced -2.2k |
| FMR LLC 0.01% of their portfolio | 753.1k $239.2m | Added +85.6k |
| Conifer Management, L.L.C. 25.45% of their portfolio | 700.0k $222.3m | Unchanged |
| CANADA PENSION PLAN INVESTMENT BOARD 0.20% of their portfolio | 679.7k $215.9m | Reduced -10.6k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 519.8k $165.1m | Added +75.4k |
| LYRICAL ASSET MANAGEMENT LP 2.31% of their portfolio | 498.7k $158.4m | Reduced -22.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 446.6k $141.9m | Reduced -5.1k |
| COOPERMAN LEON G 5.61% of their portfolio | 416.1k $132.2m | Unchanged |
| MORGAN STANLEY 0.01% of their portfolio | 385.4k $122.4m | Reduced -24.7k |
| NORGES BANK 0.02% of their portfolio | 372.7k $118.4m | Added +24.5k |
| River Road Asset Management, LLC 1.52% of their portfolio | 365.2k $116.0m | Added +78.8k |
| Balyasny Asset Management L.P. 0.27% of their portfolio | 330.5k $105.0m | Added +185.4k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.24% of their portfolio | 306.9k $97.5m | Reduced -255.9k |
| MILLENNIUM MANAGEMENT LLC 0.08% of their portfolio | 277.7k $88.2m | Added +143.6k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.82% of their portfolio | 273.1k $86.8m | Added +69.3k |
| Tensile Capital Management LP 8.98% of their portfolio | 261.5k $83.1m | Added +6.3k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 234.2k $74.4m | Reduced -26.3k |
| BRIDGES INVESTMENT MANAGEMENT INC 1.02% of their portfolio | 230.8k $73.3m | Added +69.9k |
| Madison Asset Management, LLC 0.82% of their portfolio | 230.3k $73.1m | New |
| Point72 Asset Management, L.P. 0.25% of their portfolio | 228.3k $72.5m | Added +215.5k |
| Chicago Capital, LLC 1.92% of their portfolio | 217.1k $69.0m | Added +2.7k |
| EVENTIDE ASSET MANAGEMENT, LLC 1.18% of their portfolio | 214.9k $68.3m | Reduced -30.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 206.1k $65.5m | Reduced -16.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 197.5k $62.7m | Reduced -1.2k |
| STEADFAST CAPITAL MANAGEMENT LP 1.43% of their portfolio | 193.6k $61.5m | New |
| Russell Investments Group, Ltd. 0.08% of their portfolio | 183.6k $58.6m | Reduced -18.6k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.33% of their portfolio | 173.5k $55.1m | Added +11.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.05% of their portfolio | 165.9k $52.7m | Reduced -897 |
| Invesco Ltd. 0.01% of their portfolio | 165.2k $52.5m | Reduced -70.8k |
| Advent International, L.P. 0.95% of their portfolio | 142.0k $45.1m | Unchanged |
| Verition Fund Management LLC 0.27% of their portfolio | 126.9k $40.3m | Added +120.7k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 123.8k $39.3m | Added +16.4k |
| Alyeska Investment Group, L.P. 0.18% of their portfolio | 114.1k $36.2m | New |
| Covalis Capital LLP 5.33% of their portfolio | 112.6k $35.8m | New |
| CADIAN CAPITAL MANAGEMENT, LP 1.82% of their portfolio | 112.1k $35.6m | Reduced -29.7k |
| J. Goldman & Co LP 1.54% of their portfolio | 112.0k $35.6m | Added +20.0k |
| Schonfeld Strategic Advisors LLC 0.29% of their portfolio | 110.7k $35.2m | Reduced -21.9k |
| HITE Hedge Asset Management LLC 3.93% of their portfolio | 107.6k $34.2m | Added +105.6k |
| BARCLAYS PLC 0.01% of their portfolio | 104.0k $33.0m | Added +59.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 103.5k $32.9m | Reduced -9.4k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 102.9k $32.7m | Added +5.5k |
| Perpetual Ltd 0.34% of their portfolio | 99.3k $31.6m | Reduced -255 |
| Lido Advisors, LLC 0.24% of their portfolio | 99.2k $31.5m | Added +43.2k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 97.1k $30.8m | Reduced -803 |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.03% of their portfolio | 96.4k $30.9m | New |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 95.9k $29.6m | Added +2.3k |
| WESTWOOD HOLDINGS GROUP INC 0.12% of their portfolio | 91.1k $28.9m | Added +20.7k |
| Cartenna Capital, LP 2.27% of their portfolio | 90.0k $28.6m | New |
| NATIXIS ADVISORS, LLC 0.05% of their portfolio | 82.1k $26.1m | New |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 81.4k $25.8m | Added +64.0k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 78.2k $24.8m | Reduced -2.3k |
| Clearbridge Investments, LLC 0.02% of their portfolio | 76.9k $24.4m | Reduced -43.1k |
| Retirement Systems of Alabama 0.09% of their portfolio | 76.0k $24.1m | Added +24.3k |
| Man Group plc 0.07% of their portfolio | 75.0k $23.8m | Added +46.9k |
| Driehaus Capital Management LLC 0.20% of their portfolio | 74.4k $23.6m | New |
| Ensign Peak Advisors, Inc 0.04% of their portfolio | 72.8k $23.1m | Added +168 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.07% of their portfolio | 70.4k $22.4m | Reduced -192 |
| UBS Group AG 0.01% of their portfolio | 68.7k $21.8m | Added +11.6k |
| Boston Partners 0.02% of their portfolio | 68.7k $19.5m | Reduced -20.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 68.4k $21.7m | Added +176 |
| KENNEDY CAPITAL MANAGEMENT LLC 0.47% of their portfolio | 66.8k $21.2m | Reduced -12.9k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 66.8k $21.2m | Added +16.4k |
| IRIDIAN ASSET MANAGEMENT LLC/CT 4.46% of their portfolio | 65.6k $20.9m | Reduced -7.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 62.0k $19.7m | Reduced -29.3k |
| Legal & General Group Plc 0.00% of their portfolio | 58.1k $18.5m | Added +4.3k |
| Swiss National Bank 0.01% of their portfolio | 53.5k $17.0m | Reduced -700 |
| Focus Partners Wealth 0.02% of their portfolio | 51.4k $5.0m | New |
| CIBC Private Wealth Group LLC 0.03% of their portfolio | 51.0k $16.2m | Reduced -824 |
| LOGAN CAPITAL MANAGEMENT INC 0.64% of their portfolio | 49.2k $15.6m | Reduced -480 |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 46.8k $14.9m | Added +10.6k |
| Lighthouse Investment Partners, LLC 0.77% of their portfolio | 44.8k $14.2m | New |
| Jefferies Financial Group Inc. 0.22% of their portfolio | 42.2k $13.4m | New |
| California Public Employees Retirement System 0.01% of their portfolio | 40.4k $12.8m | Reduced -1.7k |
| Engle Capital Management, L.P. 3.67% of their portfolio | 39.3k $12.5m | Reduced -3.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 37.0k $11.8m | Reduced -11.5k |
| First Eagle Investment Management, LLC 0.02% of their portfolio | 36.2k $11.5m | Added +14.7k |
| Harfst & Associates, Inc. 2.48% of their portfolio | 34.8k $11.0m | Added +27.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 34.2k $10.9m | Reduced -3.0k |
| Channing Capital Management, LLC 0.28% of their portfolio | 34.2k $10.9m | Added +127 |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 34.2k $10.9m | Added +3.3k |
| Dana Investment Advisors, Inc. 0.35% of their portfolio | 33.2k $10.5m | Reduced -4.0k |
| Corebridge Financial, Inc. 0.05% of their portfolio | 31.6k $10.0m | Reduced -3.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 29.1k $9.3m | Reduced -1.6k |
| COMERICA BANK 0.04% of their portfolio | 28.6k $9.1m | Added +7.2k |
| ALGERT GLOBAL LLC 0.24% of their portfolio | 28.2k $9.0m | Added +6.8k |
| GW&K Investment Management, LLC 0.08% of their portfolio | 28.0k $8.9m | Reduced -1.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 27.0k $8.6m | Reduced -9.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 26.3k $8.4m | Reduced -872 |
| Moran Wealth Management, LLC 0.22% of their portfolio | 23.0k $7.3m | Added +109 |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 23.0k $7.3m | Added +996 |
| Parkwood LLC 0.86% of their portfolio | 22.2k $7.1m | Reduced -2.4k |
| Holocene Advisors, LP 0.03% of their portfolio | 22.1k $7.0m | Added +9.3k |
| Trexquant Investment LP 0.08% of their portfolio | 20.9k $6.7m | New |