Lockheed Martin

LMT • NYSE

Lockheed Martin is a aerospace & defense company in the industrials sector on NYSE, led by James D. Taiclet, with a market cap of $103.75B. As of Q3 2025, 73% of shares are held by 2,524 institutional investors, with STATE STREET CORP as the largest holder at 14.64%.

Chairman, President and CEOJames D. Taiclet

Market Cap$103.75B

Aerospace & Defense

Industrials

Employees122.0K

Websitelockheedmartin.com

Country

United States of America

Overview

Overview of institutional ownership in LMT as of Q3 2025 with a market cap of $116.55B

All Institutions

Institutions: 2,524
Value Held: $84.7B
Shares Held: 169.8M
Avg Position: $33.6M
Median Position: $989.8K

Hedge Funds

Hedge Funds: 89
Value Held: $3.4B
Shares Held: 6.8M
Avg Position: $38.3M
Median Position: $3.7M

Ownership Breakdown

Institutional (non-HF)

69.77%

$81.3B

Hedge Funds

2.93%

$3.4B

Retail & Other

27.3%

$31.8B

Based on market cap of $116.55B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in LMT as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$17.1B 0.59% of portfolio	14.64% 34.2M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$10.6B 0.16% of portfolio	9.12% 21.3M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$8.4B 0.15% of portfolio	7.22% 16.9M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$4.3B 0.69% of portfolio	3.65% 8.5M shares	≤ Q2 2013 Held for 12y 5m+	$620.51B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$2.6B 0.16% of portfolio	2.23% 5.2M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$2.4B 0.16% of portfolio	2.09% 4.9M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$1.5B 0.11% of portfolio	1.29% 3.0M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
C Capital World Investors Institution	-	$1.4B 0.20% of portfolio	1.22% 2.9M shares	≤ Q2 2013 Held for 12y 5m+	$730.00B
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Edmund Wellington Iii President	$1.2B 0.21% of portfolio	1.02% 2.4M shares	≤ Q2 2013 Held for 12y 5m+	$571.21B
FMR LLC Institution	-	$1.1B 0.06% of portfolio	0.96% 2.2M shares	≤ Q2 2013 Held for 12y 5m+	$1.92T

Net Capital Flow

Institutional buying and selling activity for LMT in Q3 2025

Net Flow: −$2.4B
Buyers: 908
Sellers: 1,274
Total Bought: +$3.7B
Total Sold: −$6.1B
Avg Position: $33.4M

Biggest Buyers

Institution	Net Bought	Current Position
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$405.8M +812.8K shares	$473.6M 948.7K shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	+$375.2M +751.6K shares	$669.7M 1.3M shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	+$337.6M +676.3K shares	$4.3B 8.5M shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$329.3M +659.7K shares	$335.2M 671.4K shares
D D. E. Shaw & Co., Inc. Institution	+$280.6M +562.2K shares	$320.1M 641.2K shares
T T. Rowe Price Investment Management, Inc. Insurance Manager	+$220.8M +442.4K shares	$430.9M 863.2K shares
FIRST TRUST ADVISORS LP ETF Provider	+$186.2M +373.0K shares	$251.3M 503.4K shares
GOLDMAN SACHS GROUP INC Institution	+$161.4M +323.3K shares	$749.5M 1.5M shares
M MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Institution	+$117.9M +236.1K shares	$403.5M 808.4K shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	+$76.9M +154.1K shares	$589.8M 1.2M shares

Biggest Sellers

Institution	Net Sold	Current Position
Marshall Wace LLP Institution	−$406.5M −814.2K shares	$50.0M 100.1K shares
FMR LLC Institution	−$344.3M −689.8K shares	$1.1B 2.2M shares
Q Qube Research & Technologies Ltd Institution	−$319.4M −689.5K shares	Sold Off 0 shares
T TABLEAUX LLC Institution	−$309.2M −619.5K shares	$1.8M 3.6K shares
VANGUARD GROUP INC Institution	−$204.1M −408.9K shares	$10.6B 21.3M shares
B BlackRock, Inc. Institution	−$202.5M −405.6K shares	$8.4B 16.9M shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	−$182.6M −365.8K shares	$15.6M 31.3K shares
STATE STREET CORP Institution	−$172.8M −346.1K shares	$17.1B 34.2M shares
L LSV ASSET MANAGEMENT Long Only Manager	−$164.0M −328.6K shares	$127.7M 255.8K shares
R ROYAL BANK OF CANADA Institution	−$135.0M −270.4K shares	$870.5M 1.7M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited LMT in Q3 2025

New Positions: 66
New Value: $147.3M
Exited Positions: 175
Exited Value: $1.0B

New Positions

Institution	Position Value
Junto Capital Management LP Hedge Fund•Long/Short	$59.8M 119.7K shares
Davidson Kempner Capital Management LP Hedge Fund•Multi-Strategy	$22.5M 45.0K shares
Paradiem, LLC RIA/Wealth	$16.1M 32.3K shares
N NWI MANAGEMENT LP Hedge Fund•Global Macro	$13.5M 27.0K shares
M Mubadala Investment Co PJSC Institution	$9.3M 18.6K shares
KEYSTONE INVESTORS PTE LTD RIA/Wealth	$2.5M 5.1K shares
Eos Management, L.P. Private Equity	$1.8M 3.5K shares
T TEMA ETFS LLC Institution	$1.7M 3.4K shares
Granite Group Advisors, LLC RIA/Wealth	$1.6M 3.2K shares
HORAN Wealth, LLC RIA/Wealth	$1.3M 2.6K shares

Exited Positions

Institution	Previous Position
Q Qube Research & Technologies Ltd Institution	$319.4M 689.5K shares
Holocene Advisors, LP Hedge Fund•Long/Short	$92.6M 200.0K shares
R Rokos Capital Management LLP Hedge Fund•Global Macro	$77.2M 166.8K shares
O OSSIAM Institution	$61.8M 133.5K shares
L Laurel Wealth Advisors LLC RIA/Wealth	$45.9M 99.1K shares
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$35.2M 75.9K shares
LIBERTY ONE INVESTMENT MANAGEMENT, LLC RIA/Wealth	$30.1M 64.9K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	$28.8M 62.1K shares
C Capitolis Liquid Global Markets LLC Private Equity	$27.3M 59.0K shares
IMC-Chicago, LLC RIA/Wealth	$24.0M 51.8K shares

Options Activity

Institutions with the largest Call and Put options positions in LMT as of Q3 2025

Call Positions: 52
Call Value: $2.6B
Put Positions: 47
Put Value: $1.5B

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$725.9M 14.5K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$526.0M 10.5K contracts
UBS Group AG Institution	$279.9M 5.6K contracts
J JANE STREET GROUP, LLC Institution	$249.1M 5.0K contracts
W WOLVERINE TRADING, LLC Institution	$112.2M 2.3K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$92.6M 1.9K contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$83.9M 1.7K contracts
Q Qube Research & Technologies Ltd Institution	$73.0M 1.5K contracts
D D. E. Shaw & Co., Inc. Institution	$71.6M 1.4K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$66.0M 1.3K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$473.3M 9.5K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$313.4M 6.3K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$166.9M 3.3K contracts
J JANE STREET GROUP, LLC Institution	$111.0M 2.2K contracts
Q Qube Research & Technologies Ltd Institution	$62.5M 1.3K contracts
W WOLVERINE TRADING, LLC Institution	$59.7M 1.2K contracts
Walleye Trading LLC RIA/Wealth	$51.8M 1.0K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$44.4M 890.0 contracts
D D. E. Shaw & Co., Inc. Institution	$41.6M 833.0 contracts
Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy	$32.2M 645.0 contracts

Most Committed Institutions

Institutions with LMT as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Spectrum Financial Alliance Ltd LLC RIA/Wealth	Brenda Sue Friedlander Owner	10.75% $43.8M	0.04% 87.8K shares	Q4 2022 Held for 2y 11m	$407.6M
C Campion Asset Management RIA/Wealth	Terence Edmund Burns President	6.17% $8.7M	0.01% 17.4K shares	Q1 2021 Held for 4y 8m	$140.9M
B Belfer Management LLC Institution	-	5.60% $403.3K	0.00% 808.0 shares	Q3 2022 Held for 3y 2m	$7.2M
Rockbridge Capital Management LLC Hedge Fund•Long/Short	Peter Creighton Keefe Managing Partner	5.07% $8.6M	0.01% 17.3K shares	Q4 2024 Held for 11 months	$169.8M
O Old West Investment Management, LLC Hedge Fund•Multi-Strategy	Brian Alan Laks Managing Partner	4.41% $19.4M	0.02% 38.8K shares	Q4 2020 Held for 4y 11m	$439.2M
Wills Financial Group LLC RIA/Wealth	Janet Howard Wills President	4.34% $10.6M	0.01% 21.2K shares	Q1 2025 Held for 8 months	$243.8M
C Canal Insurance CO Institution	-	4.10% $18.3M	0.02% 36.6K shares	≤ Q2 2013 Held for 12y 5m+	$445.8M
P Patrick Mauro Investment Advisor, INC. RIA/Wealth	Patrick John Mauro CEO	3.92% $7.4M	0.01% 14.8K shares	Q3 2022 Held for 3y 2m	$188.2M
Founders Capital Management RIA/Wealth	James Lincoln Walter President	3.92% $7.4M	0.01% 14.8K shares	Q4 2020 Held for 4y 11m	$188.8M
T Trust Co of Kansas Institution	-	3.85% $7.4M	0.01% 14.8K shares	Q3 2020 Held for 5y 2m	$192.0M

Hedge Fund Spotlight

Discover hedge funds investing in LMT

Vinva Investment Management Ltd

Hedge Fund • Quant

Portfolio Value: $5.1B
Positions: 421
Last Reported: Q3 2025

Sector Allocation

Position in Lockheed Martin

Market Value: $939.7K
Shares Held: 1.9K
Portfolio Weight: 0.02%
Owned Since: 2024-Q2

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$394.4M	7.71%
2 Apple AAPL	Consumer Electronics Technology	$322.2M	6.30%
3 Microsoft MSFT	Software - Infrastructure Technology	$302.5M	5.91%