Who owns LMT (LMT)
Which tracked institutional funds hold LMT, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See LMT 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 LMT is one-sided between 2025-Q4 and 2026-Q1: 1229 added or opened and 223 trimmed or exited — on balance accumulating.
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
LMT’s largest tracked holder by dollar value, STATE STREET CORP, sizes it at 0.7% of its own reported 13F book, while the median holder sizes it at 0.2% of theirs — a 0.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in LMT 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 2887 tracked filers holding LMT, 1398 increased or opened the position and 1293 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 LMT 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 121
- VANGUARD CAPITAL MANAGEMENT LLC$8.5B
- VANGUARD PORTFOLIO MANAGEMENT LLC$3.2B
- VANGUARD FIDUCIARY TRUST CO$707M
- Vanguard Global Advisers, LLC$269M
- VANGUARD ASSET MANAGEMENT, Ltd$227M
- Holocene Advisors, LP$219M
Full exits 82
- VANGUARD GROUP INC$10.3B
- TWO SIGMA ADVISERS, LP$592M
- Brandywine Global Investment Management, LLC$109M
- VIRGINIA RETIREMENT SYSTEMS ET Al$53M
- CIBC WORLD MARKETS CORP$48M
- RNC CAPITAL MANAGEMENT LLC$42M
Largest adds
- STATE STREET CORP$3.4B
- BlackRock, Inc.$1.8B
- Capital Research Global Investors$721M
- GEODE CAPITAL MANAGEMENT, LLC$705M
- MORGAN STANLEY$653M
- TWO SIGMA INVESTMENTS, LP$581M
Largest trims
- WELLINGTON MANAGEMENT GROUP LLP$524M
- DEUTSCHE BANK AG\$208M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$90M
- Rathbones Group PLC$87M
- Quadrature Capital Ltd$79M
- D. E. Shaw & Co., Inc.$65M
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 |
|---|---|---|---|---|
| STATE STREET CORP trimmed | 32,555,588 | $19.7B | 19.7% | 2026-Q1 |
| BlackRock, Inc. trimmed | 17,217,796 | $10.4B | 10.4% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 14,065,488 | $8.5B | 8.5% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 7,152,449 | $4.3B | 4.3% | 2026-Q1 |
| MORGAN STANLEY trimmed | 5,664,857 | $3.4B | 3.4% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 5,330,585 | $3.2B | 3.2% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 5,072,402 | $3.1B | 3.1% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 2,695,689 | $1.6B | 1.6% | 2026-Q1 |
| FMR LLC added | 2,250,073 | $1.4B | 1.4% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 1,941,095 | $1.2B | 1.2% | 2026-Q1 |
| Invesco Ltd. trimmed | 1,934,002 | $1.2B | 1.2% | 2026-Q1 |
| Capital World Investors added | 1,870,753 | $1.1B | 1.1% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 1,806,952 | $1.1B | 1.1% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 1,701,825 | $1.0B | 1.0% | 2026-Q1 |
| UBS Group AG added | 1,606,409 | $971M | 1.0% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 1,507,371 | $911M | 0.9% | 2026-Q1 |
| Capital Research Global Investors added | 1,464,995 | $885M | 0.9% | 2026-Q1 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 1,443,279 | $872M | 0.9% | 2026-Q1 |
| FRANKLIN RESOURCES INC trimmed | 1,405,747 | $850M | 0.9% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 1,349,172 | $815M | 0.8% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 1,256,803 | $760M | 0.8% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 1,254,665 | $758M | 0.8% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 1,211,613 | $732M | 0.7% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 1,197,183 | $724M | 0.7% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 1,170,031 | $707M | 0.7% | 2026-Q1 |
| Sanders Capital, LLC trimmed | 1,141,023 | $690M | 0.7% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 1,075,288 | $644M | 0.6% | 2026-Q1 |
| Legal & General Group Plc trimmed | 992,654 | $600M | 0.6% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 965,634 | $584M | 0.6% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 812,459 | $491M | 0.5% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 809,692 | $489M | 0.5% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 807,427 | $488M | 0.5% | 2026-Q1 |
| BARCLAYS PLC added | 756,093 | $457M | 0.5% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 749,241 | $453M | 0.5% | 2026-Q1 |
| LPL Financial LLC added | 739,164 | $447M | 0.4% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 649,832 | $393M | 0.4% | 2026-Q1 |
| National Pension Service added | 634,533 | $384M | 0.4% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 631,261 | $382M | 0.4% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 617,920 | $373M | 0.4% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 604,946 | $366M | 0.4% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 601,894 | $364M | 0.4% | 2026-Q1 |
| Nuveen, LLC added | 594,373 | $359M | 0.4% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 564,405 | $341M | 0.3% | 2026-Q1 |
| Allianz Asset Management GmbH added | 559,832 | $338M | 0.3% | 2026-Q1 |
| California Public Employees Retirement System added | 550,545 | $333M | 0.3% | 2026-Q1 |
| VAN ECK ASSOCIATES CORP added | 546,932 | $331M | 0.3% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. added | 522,616 | $316M | 0.3% | 2026-Q1 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 505,807 | $306M | 0.3% | 2026-Q1 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 485,260 | $293M | 0.3% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 463,815 | $280M | 0.3% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC added | 451,276 | $273M | 0.3% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 448,502 | $271M | 0.3% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 444,314 | $269M | 0.3% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 418,964 | $253M | 0.3% | 2026-Q1 |
| JACOBS LEVY EQUITY MANAGEMENT, INC trimmed | 412,186 | $249M | 0.2% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 393,550 | $238M | 0.2% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 375,831 | $227M | 0.2% | 2026-Q1 |
| Holocene Advisors, LP added | 363,084 | $219M | 0.2% | 2026-Q1 |
| BAHL & GAYNOR INC trimmed | 349,873 | $211M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 342,910 | $207M | 0.2% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 329,294 | $199M | 0.2% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 325,499 | $197M | 0.2% | 2026-Q1 |
| LAZARD ASSET MANAGEMENT LLC added | 322,075 | $195M | 0.2% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 310,475 | $188M | 0.2% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 303,149 | $183M | 0.2% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 302,356 | $183M | 0.2% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 300,682 | $182M | 0.2% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 370,838 | $179M | 0.2% | 2026-Q1 |
| Point72 Asset Management, L.P. added | 295,283 | $178M | 0.2% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 283,263 | $171M | 0.2% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. added | 277,684 | $168M | 0.2% | 2026-Q1 |
| SG Americas Securities, LLC added | 276,383 | $167M | 0.2% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 275,178 | $166M | 0.2% | 2026-Q1 |
| Squarepoint Ops LLC added | 274,063 | $166M | 0.2% | 2026-Q1 |
| CONFLUENCE INVESTMENT MANAGEMENT LLC trimmed | 269,640 | $163M | 0.2% | 2026-Q1 |
| Vident Advisory, LLC trimmed | 267,442 | $162M | 0.2% | 2026-Q1 |
| Canoe Financial LP trimmed | 258,076 | $156M | 0.2% | 2026-Q1 |
| CITIGROUP INC added | 256,537 | $155M | 0.2% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 254,056 | $154M | 0.2% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 249,653 | $153M | 0.2% | 2026-Q1 |
| Focus Partners Wealth added | 247,406 | $149M | 0.1% | 2026-Q1 |
| WORLDQUANT MILLENNIUM ADVISORS LLC trimmed | 246,061 | $149M | 0.1% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 245,231 | $148M | 0.1% | 2026-Q1 |
| UniSuper Management Pty Ltd trimmed | 227,617 | $138M | 0.1% | 2026-Q1 |
| CREDIT AGRICOLE S A added | 223,325 | $135M | 0.1% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 220,846 | $133M | 0.1% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND trimmed | 220,762 | $133M | 0.1% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 236,710 | $132M | 0.1% | 2026-Q1 |
| YACKTMAN ASSET MANAGEMENT LP trimmed | 213,628 | $129M | 0.1% | 2026-Q1 |
| Mirae Asset Global Investments Co., Ltd. trimmed | 206,531 | $125M | 0.1% | 2026-Q1 |
| ACADIAN ASSET MANAGEMENT LLC added | 195,884 | $118M | 0.1% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 194,946 | $118M | 0.1% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 194,640 | $118M | 0.1% | 2026-Q1 |
| ROYAL LONDON ASSET MANAGEMENT LTD added | 193,715 | $117M | 0.1% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 192,663 | $116M | 0.1% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC added | 192,135 | $116M | 0.1% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP added | 185,571 | $112M | 0.1% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ trimmed | 184,529 | $112M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 21,271,039 | $10.3B | 10.3% | 2025-Q4 stale |
| TWO SIGMA ADVISERS, LP added | 1,223,160 | $592M | 0.6% | 2025-Q4 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.