Invenomic Capital Management LP Acquires 1.8M Shares of Goodyear Tire & Rubber

The investment firm now owns approximately 0.64% of the tire manufacturer's stock.

Mar. 16, 2026 at 12:20pm

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Invenomic Capital Management LP acquired a new stake of 1,838,636 shares in The Goodyear Tire & Rubber Company (NASDAQ:GT) during the 3rd quarter, according to a recent SEC filing. The shares are valued at approximately $13.75 million, making Invenomic the owner of around 0.64% of Goodyear's outstanding stock.

Why it matters

This investment by Invenomic Capital Management represents a significant new position in Goodyear Tire & Rubber, one of the world's largest tire manufacturers. The move suggests the investment firm sees value and growth potential in Goodyear's business, which has faced challenges in recent years due to market conditions.

The details

According to the SEC filing, Invenomic Capital Management purchased the 1,838,636 shares of Goodyear Tire & Rubber in the 3rd quarter. This new stake makes the investment firm one of Goodyear's larger institutional shareholders, owning approximately 0.64% of the company's outstanding stock.

  • Invenomic Capital Management acquired the Goodyear shares during the 3rd quarter of 2026.

The players

Invenomic Capital Management LP

An institutional investment firm that has acquired a new stake in Goodyear Tire & Rubber Company.

The Goodyear Tire & Rubber Company

A leading global tire manufacturer founded in 1898 and headquartered in Akron, Ohio.

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The takeaway

Invenomic Capital Management's significant investment in Goodyear Tire & Rubber suggests the firm sees potential in the tire maker's business, despite the company facing headwinds in recent years. This move could signal growing investor confidence in Goodyear's ability to navigate market challenges and capitalize on future growth opportunities.