Stellantis (STLA)

• Market cap: $37B
• 1 day: 0.39%
• 5 days: -3.52%
• 1 month: 0.31%
• 3 months: -14.07%
• 6 months: -37.09%
• Year to date: -44.08%
• 1 year: -43.66%
• 5 years: -13.84%
• 10 years: 10.45%

About: Stellantis was created out of the merger of US-based Fiat Chrysler Automobiles, or FCA, and French-based Peugeot, or PSA, in January 2021, resulting in the fourth-largest automotive original equipment manufacturer, or OEM, by vehicle sales. In 2023 it sold 6.4 million vehicles, 44% and 30% in Europe and North America, respectively. North America is the most profitable region, contributing 53% of operating income. Its brands include Fiat, Jeep, Chrysler, Ram, Peugeot, Citroen, Opel, Alfa Romeo, and Maserati.

Employees: 258,275

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

0.73% less ownership

Funds ownership: 31.74% [Q2] → 31.01% (-0.73%) [Q3]

9% less repeat investments, than reductions

Existing positions increased: 147 | Existing positions reduced: 161

6% less funds holding

Funds holding: 454 [Q2] → 425 (-29) [Q3]

33% less capital invested

Capital invested by funds: $18.9B [Q2] → $12.7B (-$6.23B) [Q3]

33% less first-time investments, than exits

New positions opened: 58 | Existing positions closed: 87

41% less funds holding in top 10

Funds holding in top 10: 17 [Q2] → 10 (-7) [Q3]

45% less call options, than puts

Call options by funds: $814M | Put options by funds: $1.49B