What smart money is saying about Strattec Security
2 funds in our archive have pitched Strattec Security — most recently Plural Partners Fund in June 2026.
Established in 1908 and headquartered in Milwaukee, Wisconsin, Strattec Security Corporation specializes in the design, development, manufacturing, and marketing of automotive access control products. Predominantly operating in North America, their solutions are frequently branded under the VAST Automotive Group. Their comprehensive product line includes both mechanical and electronically advanced locks and keys, passive entry and start systems, ignition lock housings for steering columns and instrument panels, various latches, power sliding side door systems, power tailgate and liftgate mechanisms, power deck lid systems, and door handles, among other related components. Beyond manufacturing, Strattec also provides full service and aftermarket support for its products. The company's diverse customer base encompasses original equipment manufacturers (OEMs) for cars and light trucks, other transportation-related manufacturers, as well as wholesale distributors, other marketers, and direct users of component parts. Furthermore, certain products are supplied to non-automotive commercial clients. Internationally, Strattec exports its goods to regions including Europe, South America, Korea, China, and India.
Get an email when a fund writes about it
Position history
Every position in Strattec Security on record in the archive was reported in Q2 2026, across 2 fund letters — 2 opened or added to the position.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 2 | 2 | 0 | 2 |
Fund activity · 2 positions · 2 moves
- New positionRiverwater Partners Micro Opportunities StrategyJune 2026
“We also initiated Strattec Security (STRT) in April.”
Read the letterStrattec Security - New positionPlural Partners FundJune 2026
“Strattec Security (STRT) Strattec Security (STRT) is an automotive supplier that designs and manufactures door handles, power access, keys, locks, latches and other products. The company sells mostly to GM, Ford, and Stellantis, and 65% of sales are to the US. Strattec has effectively been run by the Stratton family from inception until July 2024. The company now has its first CEO who is genuinely independent of the Stratton family and is significantly increasing margins. The stock trades on 11x EV/FCF, but we believe that will fall to 3x over the next three years because of increasing margins and cash generation. We first bought shares this quarter around $70, it now trades for $82,”
Read the letterStrattec Security
Fund coverage · 2 theses
- Plural Partners FundJune 2026
Strattec Security is an automotive supplier where a new independent CEO is driving margin expansion, higher cash generation, and a rerating opportunity.
Read the full thesis Strattec Security makes vehicle access and security hardware, with a new management team driving margin expansion, customer diversification, and insider buying at an undemanding valuation.
Read the full thesis
Read every full thesis on Strattec Security
Unlock all 2 theses — the full reasoning behind what funds are buying, plus unlimited access to the entire archive.
View plans→