Who owns LAD (LAD)
Which tracked institutional funds hold LAD, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See LAD company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on LAD is one-sided between 2025-Q4 and 2026-Q1: 61 added or opened and 206 trimmed or exited — on balance reducing.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
LAD’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes LAD more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in LAD divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 434 tracked filers holding LAD, 208 increased or opened the position and 262 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in LAD between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 24
- VANGUARD PORTFOLIO MANAGEMENT LLC$288M
- VANGUARD CAPITAL MANAGEMENT LLC$264M
- COOKE & BIELER LP$87M
- VANGUARD FIDUCIARY TRUST CO$37M
- Covalis Capital LLP$20M
- IMC-Chicago, LLC$14M
Full exits 36
- VANGUARD GROUP INC$791M
- Hook Mill Capital Partners, LP$37M
- Engineers Gate Manager LP$20M
- LOGAN CAPITAL MANAGEMENT INC$17M
- CIBC Private Wealth Group LLC$14M
- Woodline Partners LP$8M
Largest adds
- FMR LLC$151M
- UBS Group AG$53M
- AMERICAN CENTURY COMPANIES INC$25M
- BARCLAYS PLC$24M
- JONES FINANCIAL COMPANIES LLLP$21M
- ProShare Advisors LLC$19M
Largest trims
- BlackRock, Inc.$260M
- ABRAMS CAPITAL MANAGEMENT, L.P.$206M
- HARRIS ASSOCIATES L P$165M
- DIMENSIONAL FUND ADVISORS LP$101M
- River Road Asset Management, LLC$84M
- Conifer Management, L.L.C.$80M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| ABRAMS CAPITAL MANAGEMENT, L.P. | 2,490,534 | $622M | 8.7% | 2026-Q1 |
| BlackRock, Inc. trimmed | 2,079,943 | $519M | 7.3% | 2026-Q1 |
| HARRIS ASSOCIATES L P trimmed | 1,956,637 | $489M | 6.8% | 2026-Q1 |
| FMR LLC added | 1,764,690 | $441M | 6.2% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 1,389,870 | $347M | 4.9% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 1,154,703 | $288M | 4.0% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 1,058,904 | $264M | 3.7% | 2026-Q1 |
| STATE STREET CORP added | 788,570 | $197M | 2.8% | 2026-Q1 |
| River Road Asset Management, LLC trimmed | 652,815 | $163M | 2.3% | 2026-Q1 |
| NORGES BANK added | 430,562 | $126M | 1.8% | 2026-Q1 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC trimmed | 503,230 | $126M | 1.8% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 469,896 | $117M | 1.6% | 2026-Q1 |
| LYRICAL ASSET MANAGEMENT LP trimmed | 460,622 | $115M | 1.6% | 2026-Q1 |
| UBS Group AG added | 392,768 | $98M | 1.4% | 2026-Q1 |
| COOKE & BIELER LP new | 346,436 | $87M | 1.2% | 2026-Q1 |
| COOPERMAN LEON G added | 340,000 | $85M | 1.2% | 2026-Q1 |
| BRIDGES INVESTMENT MANAGEMENT INC added | 285,062 | $71M | 1.0% | 2026-Q1 |
| ROYAL LONDON ASSET MANAGEMENT LTD trimmed | 237,057 | $59M | 0.8% | 2026-Q1 |
| Madison Asset Management, LLC trimmed | 232,682 | $58M | 0.8% | 2026-Q1 |
| NORTHERN TRUST CORP added | 231,221 | $58M | 0.8% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 227,884 | $57M | 0.8% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 227,375 | $57M | 0.8% | 2026-Q1 |
| Tensile Capital Management LP trimmed | 222,963 | $56M | 0.8% | 2026-Q1 |
| Conifer Management, L.L.C. trimmed | 212,000 | $53M | 0.7% | 2026-Q1 |
| Chicago Capital, LLC added | 205,825 | $51M | 0.7% | 2026-Q1 |
| MARSHALL WACE, LLP added | 199,363 | $50M | 0.7% | 2026-Q1 |
| Life Cycle Investment Partners Ltd added | 183,664 | $46M | 0.6% | 2026-Q1 |
| THOMPSON SIEGEL & WALMSLEY LLC added | 179,476 | $45M | 0.6% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 177,787 | $44M | 0.6% | 2026-Q1 |
| MORGAN STANLEY trimmed | 172,685 | $43M | 0.6% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 162,974 | $41M | 0.6% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 159,363 | $40M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 150,145 | $37M | 0.5% | 2026-Q1 |
| SEI INVESTMENTS CO added | 142,812 | $36M | 0.5% | 2026-Q1 |
| BARCLAYS PLC added | 142,117 | $35M | 0.5% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 133,137 | $33M | 0.5% | 2026-Q1 |
| GLENVIEW CAPITAL MANAGEMENT, LLC | 127,605 | $32M | 0.4% | 2026-Q1 |
| Invesco Ltd. trimmed | 127,469 | $32M | 0.4% | 2026-Q1 |
| HENNESSY ADVISORS INC trimmed | 106,800 | $27M | 0.4% | 2026-Q1 |
| SCHRODER INVESTMENT MANAGEMENT GROUP added | 105,937 | $26M | 0.4% | 2026-Q1 |
| Advent International, L.P. trimmed | 95,273 | $24M | 0.3% | 2026-Q1 |
| NATIXIS ADVISORS, LLC trimmed | 94,816 | $24M | 0.3% | 2026-Q1 |
| Nuveen, LLC trimmed | 91,113 | $23M | 0.3% | 2026-Q1 |
| WESTWOOD HOLDINGS GROUP INC added | 90,517 | $23M | 0.3% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 87,037 | $22M | 0.3% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 86,520 | $22M | 0.3% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 80,894 | $20M | 0.3% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 80,655 | $20M | 0.3% | 2026-Q1 |
| Covalis Capital LLP added | 79,868 | $20M | 0.3% | 2026-Q1 |
| ProShare Advisors LLC added | 76,677 | $19M | 0.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 76,307 | $19M | 0.3% | 2026-Q1 |
| Nokomis Capital, L.L.C. added | 75,241 | $19M | 0.3% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 75,111 | $19M | 0.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 72,855 | $18M | 0.3% | 2026-Q1 |
| FRANKLIN RESOURCES INC trimmed | 70,730 | $18M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 70,305 | $18M | 0.2% | 2026-Q1 |
| IRIDIAN ASSET MANAGEMENT LLC/CT added | 65,587 | $16M | 0.2% | 2026-Q1 |
| Retirement Systems of Alabama added | 64,747 | $16M | 0.2% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 62,623 | $16M | 0.2% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 58,243 | $15M | 0.2% | 2026-Q1 |
| HRT FINANCIAL LP added | 56,589 | $14M | 0.2% | 2026-Q1 |
| Long Focus Capital Management, LLC added | 56,000 | $14M | 0.2% | 2026-Q1 |
| FRONTIER CAPITAL MANAGEMENT CO LLC trimmed | 55,240 | $14M | 0.2% | 2026-Q1 |
| IMC-Chicago, LLC new | 55,132 | $14M | 0.2% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 54,197 | $14M | 0.2% | 2026-Q1 |
| Swiss National Bank trimmed | 47,940 | $12M | 0.2% | 2026-Q1 |
| CIBC Bancorp USA Inc. new | 45,994 | $11M | 0.2% | 2026-Q1 |
| First Eagle Investment Management, LLC added | 43,700 | $11M | 0.2% | 2026-Q1 |
| EVENTIDE ASSET MANAGEMENT, LLC trimmed | 42,568 | $11M | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 30,983 | $10M | 0.1% | 2026-Q1 |
| Walleye Trading LLC added | 40,543 | $10M | 0.1% | 2026-Q1 |
| Legal & General Group Plc trimmed | 38,808 | $10M | 0.1% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 38,415 | $10M | 0.1% | 2026-Q1 |
| Boston Partners trimmed | 35,618 | $9M | 0.1% | 2026-Q1 |
| California Public Employees Retirement System trimmed | 34,118 | $9M | 0.1% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 31,849 | $8M | 0.1% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 31,516 | $8M | 0.1% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 31,483 | $8M | 0.1% | 2026-Q1 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 31,443 | $8M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 2,378,810 | $791M | 11.1% | 2025-Q4 stale |
| Brave Warrior Advisors, LLC trimmed | 381,889 | $112M | 1.6% | 2025-Q1 stale |
| STEADFAST CAPITAL MANAGEMENT LP trimmed | 276,898 | $81M | 1.1% | 2025-Q1 stale |
| HITE Hedge Asset Management LLC trimmed | 130,295 | $41M | 0.6% | 2025-Q3 stale |
| BALYASNY ASSET MANAGEMENT L.P. trimmed | 115,373 | $39M | 0.5% | 2025-Q2 stale |
| WEDGE CAPITAL MANAGEMENT L L P/NC trimmed | 126,377 | $37M | 0.5% | 2025-Q1 stale |
| Hook Mill Capital Partners, LP added | 111,458 | $37M | 0.5% | 2025-Q4 stale |
| Assenagon Asset Management S.A. trimmed | 99,543 | $34M | 0.5% | 2025-Q2 stale |
| CADIAN CAPITAL MANAGEMENT, LP added | 112,641 | $33M | 0.5% | 2025-Q1 stale |
| Squarepoint Ops LLC trimmed | 66,727 | $21M | 0.3% | 2025-Q3 stale |
| Cartenna Capital, LP trimmed | 70,000 | $21M | 0.3% | 2025-Q1 stale |
| Engineers Gate Manager LP added | 60,909 | $20M | 0.3% | 2025-Q4 stale |
| Coppell Advisory Solutions LLC added | 2,027,362 | $20M | 0.3% | 2025-Q1 stale |
| Driehaus Capital Management LLC trimmed | 65,894 | $19M | 0.3% | 2025-Q1 stale |
| LOGAN CAPITAL MANAGEMENT INC added | 50,268 | $17M | 0.2% | 2025-Q4 stale |
| Trexquant Investment LP added | 42,298 | $14M | 0.2% | 2025-Q2 stale |
| CIBC Private Wealth Group LLC added | 42,081 | $14M | 0.2% | 2025-Q4 stale |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ new | 30,636 | $10M | 0.1% | 2025-Q2 stale |
| Corebridge Financial, Inc. trimmed | 29,419 | $9M | 0.1% | 2025-Q1 stale |
| Woodline Partners LP trimmed | 23,943 | $8M | 0.1% | 2025-Q4 stale |
| CASTLEARK MANAGEMENT LLC trimmed | 23,150 | $8M | 0.1% | 2025-Q2 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.