LOCKHEED MARTIN CORP LMT
COM · Common Stock · CUSIP 539830109 · ISIN US5398301094
US aerospace and defense manufacturer
- SectorIndustrials
- IndustryGuided Missiles & Space Vehicles & Parts
- HeadquartersBethesda, MD
- Founded1995
- Websitelockheedmartin.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($392.0m this quarter). Holder counts are more reliable. Shares outstanding: 238.4m as of 2024-07-19, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $466.69. Options: 56 managers hold calls ($1.9bn notional), 50 hold puts ($1.4bn).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 2,134 |
| Q4 2022 | 2,323 |
| Q1 2023 | 2,283 |
| Q2 2023 | 2,309 |
| Q3 2023 | 2,267 |
| Q4 2023 | 2,450 |
| Q1 2024 | 2,420 |
| Q2 2024 | 2,438 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 1,009 | 956 |
| Q1 2023 | 1,003 | 1,035 |
| Q2 2023 | 995 | 1,036 |
| Q3 2023 | 1,036 | 1,012 |
| Q4 2023 | 1,073 | 1,007 |
| Q1 2024 | 1,093 | 1,098 |
| Q2 2024 | 1,181 | 988 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $1.7bn | $1.6bn | 0.92 |
| Q4 2023 | $2.1bn | $2.1bn | 1.02 |
| Q1 2024 | $1.8bn | $1.6bn | 0.86 |
| Q2 2024 | $1.9bn | $1.4bn | 0.75 |
Biggest buyers
| MILLENNIUM MANAGEMENT LLC | Added | +490.5k |
| Balyasny Asset Management L.P. | Added | +430.9k |
| JANE STREET GROUP, LLC | Added | +335.3k |
| GOLDMAN SACHS GROUP INC | Added | +173.0k |
| Holocene Advisors, LP | Added | +159.1k |
| Invesco Ltd. | Added | +156.2k |
| BANK OF NOVA SCOTIA | Added | +156.2k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +147.0k |
| Kodai Capital Management LP | Added | +134.3k |
| Strategic Financial Concepts, LLC | Added | +131.8k |
Biggest sellers
| MORGAN STANLEY | Reduced | -9.8m |
| BlackRock Inc. | Reduced | -1.6m |
| Capital Research Global Investors | Reduced | -885.6k |
| FRANKLIN RESOURCES INC | Reduced | -385.9k |
| Capital World Investors | Reduced | -373.1k |
| STATE STREET CORP | Reduced | -322.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Reduced | -252.7k |
| California Public Employees Retirement System | Reduced | -199.7k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -195.6k |
| Global Assets Advisory, LLC | Sold out | -162.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $379.9m813.3k shares |
| CITADEL ADVISORS LLC | Reduced | $243.2m520.6k shares |
| PEAK6 Investments LLC | Added | $202.3m433.0k shares |
| Parallax Volatility Advisers, L.P. | Added | $106.1m227.2k shares |
| JANE STREET GROUP, LLC | Reduced | $102.6m219.6k shares |
| GROUP ONE TRADING LLC | Added | $101.6m217.6k shares |
| IMC-Chicago, LLC | Added | $96.0m205.5k shares |
| SIMPLEX TRADING, LLC | Added | $84.5m181.0k shares |
| CITIGROUP INC | Added | $66.7m142.7k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $57.5m123.2k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $254.0m543.7k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $177.1m379.1k shares |
| CITADEL ADVISORS LLC | Added | $164.4m352.0k shares |
| Balyasny Asset Management L.P. | Added | $136.8m292.8k shares |
| IMC-Chicago, LLC | Added | $113.4m242.8k shares |
| SIMPLEX TRADING, LLC | Added | $71.6m153.2k shares |
| JANE STREET GROUP, LLC | Reduced | $49.0m104.9k shares |
| CITIGROUP INC | Reduced | $45.0m96.3k shares |
| WOLVERINE TRADING, LLC | Reduced | $33.3m71.3k shares |
| Eisler Capital (US) LLC | Added | $28.9m61.8k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 1 | $250.4k | 1 | $2.9m | — |
| Q4 2022 | 1 | $250.7k | 0 | — | — |
| Q1 2023 | 1 | $250.9k | 6 | $8.0m | — |
| Q2 2023 | 1 | $250.6k | 1 | $1.2m | — |
| Q3 2023 | 1 | $250.5k | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 5 | $9.4m | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| STATE STREET CORP 0.73% of their portfolio | 36.0m $16.8bn | Reduced -322.4k |
| VANGUARD GROUP INC 0.19% of their portfolio | 21.4m $10.0bn | Reduced -132.4k |
| BlackRock Inc. 0.18% of their portfolio | 17.0m $7.9bn | Reduced -1.6m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.61% of their portfolio | 6.8m $3.2bn | Reduced -252.7k |
| MORGAN STANLEY 0.19% of their portfolio | 5.3m $2.5bn | Reduced -9.8m |
| GEODE CAPITAL MANAGEMENT, LLC 0.19% of their portfolio | 4.7m $2.2bn | Added +79.5k |
| Capital World Investors 0.30% of their portfolio | 3.9m $1.8bn | Reduced -373.1k |
| BANK OF AMERICA CORP /DE/ 0.15% of their portfolio | 3.3m $1.5bn | Added +79.5k |
| FMR LLC 0.10% of their portfolio | 3.2m $1.5bn | Reduced -76.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.24% of their portfolio | 2.8m $1.3bn | Reduced -25.4k |
| WELLS FARGO & COMPANY/MN 0.31% of their portfolio | 2.5m $1.2bn | Reduced -23.8k |
| FRANKLIN RESOURCES INC 0.33% of their portfolio | 2.3m $1.1bn | Reduced -385.9k |
| NORTHERN TRUST CORP 0.17% of their portfolio | 2.2m $1.0bn | Reduced -22.0k |
| ROYAL BANK OF CANADA 0.23% of their portfolio | 2.1m $957.6m | Reduced -146.4k |
| AMERIPRISE FINANCIAL INC 0.24% of their portfolio | 1.9m $902.7m | Added +31.5k |
| Bank of New York Mellon Corp 0.16% of their portfolio | 1.8m $834.0m | Reduced -62.8k |
| UBS Group AG 0.25% of their portfolio | 1.7m $800.6m | Added +49.1k |
| Invesco Ltd. 0.16% of their portfolio | 1.7m $779.5m | Added +156.2k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 1.5m $723.6m | Reduced -49.7k |
| GOLDMAN SACHS GROUP INC 0.12% of their portfolio | 1.3m $612.4m | Added +173.0k |
| STIFEL FINANCIAL CORP 0.65% of their portfolio | 1.2m $574.4m | Added +7.5k |
| DIMENSIONAL FUND ADVISORS LP 0.14% of their portfolio | 1.2m $546.1m | Added +119.1k |
| Legal & General Group Plc 0.14% of their portfolio | 1.0m $479.5m | Added +121.5k |
| TWO SIGMA ADVISERS, LP 0.89% of their portfolio | 855.6k $399.7m | Added +54.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.14% of their portfolio | 833.3k $389.2m | Added +2.9k |
| California Public Employees Retirement System 0.28% of their portfolio | 831.5k $388.4m | Reduced -199.7k |
| DEUTSCHE BANK AG\ 0.16% of their portfolio | 742.4k $346.8m | Added +71.5k |
| BARCLAYS PLC 0.15% of their portfolio | 717.2k $335.0m | Reduced -60.9k |
| BANK OF MONTREAL /CAN/ 0.09% of their portfolio | 643.6k $303.3m | Added +6.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.19% of their portfolio | 564.4k $263.6m | Reduced -46.8k |
| Qube Research & Technologies Ltd 0.49% of their portfolio | 563.5k $263.2m | Added +76.3k |
| Bahl & Gaynor LLC 1.46% of their portfolio | 559.6k $261.4m | Reduced -10.8k |
| LPL Financial LLC 0.13% of their portfolio | 552.7k $258.2m | Added +31.6k |
| MILLENNIUM MANAGEMENT LLC 0.21% of their portfolio | 546.4k $255.2m | Added +490.5k |
| Nuveen Asset Management, LLC 0.07% of their portfolio | 534.8k $249.8m | Reduced -77.0k |
| LSV ASSET MANAGEMENT 0.52% of their portfolio | 505.4k $236.1m | Added +16.3k |
| FIRST TRUST ADVISORS LP 0.24% of their portfolio | 503.8k $235.3m | Reduced -34.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.07% of their portfolio | 501.0k $234.0m | Added +12.2k |
| VAN ECK ASSOCIATES CORP 0.31% of their portfolio | 472.5k $220.7m | Reduced -8.6k |
| PNC Financial Services Group, Inc. 0.14% of their portfolio | 462.7k $216.1m | Reduced -5.1k |
| Balyasny Asset Management L.P. 0.56% of their portfolio | 461.8k $215.7m | Added +430.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.21% of their portfolio | 451.1k $210.7m | Added +126.6k |
| TWO SIGMA INVESTMENTS, LP 0.49% of their portfolio | 440.8k $205.9m | Reduced -40.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.19% of their portfolio | 439.9k $205.5m | Reduced -150.3k |
| AQR CAPITAL MANAGEMENT LLC 0.31% of their portfolio | 432.1k $201.8m | Reduced -40.5k |
| CITIGROUP INC 0.19% of their portfolio | 425.1k $198.6m | Added +32.7k |
| NATIONAL BANK OF CANADA /FI/ 0.30% of their portfolio | 414.0k $193.1m | Added +95.9k |
| RHUMBLINE ADVISERS 0.18% of their portfolio | 402.0k $187.8m | Reduced -16.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 401.9k $187.7m | Reduced -40.9k |
| JANE STREET GROUP, LLC 0.20% of their portfolio | 398.6k $186.2m | Added +335.3k |
| RAYMOND JAMES & ASSOCIATES 0.12% of their portfolio | 389.6k $182.0m | Added +18.9k |
| HighTower Advisors, LLC 0.26% of their portfolio | 363.2k $169.5m | Added +7.4k |
| National Pension Service 0.19% of their portfolio | 362.6k $169.4m | Reduced -2.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.20% of their portfolio | 357.8k $167.1m | Reduced -6.5k |
| Brandywine Global Investment Management, LLC 1.21% of their portfolio | 345.6k $161.4m | Added +36.7k |
| YACKTMAN ASSET MANAGEMENT LP 1.45% of their portfolio | 331.3k $154.7m | Reduced -275 |
| BNP PARIBAS FINANCIAL MARKETS 0.16% of their portfolio | 322.9k $150.8m | Added +147.0k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 2.15% of their portfolio | 319.1k $149.0m | Reduced -13.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.19% of their portfolio | 306.4k $143.1m | Reduced -6.9k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.17% of their portfolio | 292.4k $136.6m | Added +25.8k |
| Corient Private Wealth LP 0.23% of their portfolio | 287.1k $134.1m | Reduced -3.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.13% of their portfolio | 277.4k $129.6m | Added +19.7k |
| TRUIST FINANCIAL CORP 0.19% of their portfolio | 266.4k $124.4m | Added +1.3k |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 263.7k $123.2m | Reduced -4.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.07% of their portfolio | 260.5k $121.7m | Reduced -7.6k |
| PANAGORA ASSET MANAGEMENT INC 0.60% of their portfolio | 256.7k $119.9m | Added +649 |
| COMMONWEALTH EQUITY SERVICES, LLC 0.19% of their portfolio | 251.0k $117.2m | Added +10.8k |
| PRUDENTIAL FINANCIAL INC 0.17% of their portfolio | 247.2k $115.5m | Added +80.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.10% of their portfolio | 245.7k $114.8m | Reduced -77.8k |
| Raymond James Financial Services Advisors, Inc. 0.16% of their portfolio | 242.0k $113.0m | Reduced -10.5k |
| M&T Bank Corp 0.38% of their portfolio | 241.3k $112.7m | Reduced -2.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.41% of their portfolio | 238.0k $111.2m | Added +5.6k |
| D. E. Shaw & Co., Inc. 0.15% of their portfolio | 232.8k $108.8m | Reduced -138.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.22% of their portfolio | 220.9k $103.2m | Reduced -11.9k |
| BANK OF NOVA SCOTIA 0.20% of their portfolio | 217.6k $101.6m | Added +156.2k |
| Scharf Investments, LLC 2.90% of their portfolio | 217.3k $101.5m | Added +23.8k |
| HSBC HOLDINGS PLC 0.06% of their portfolio | 207.8k $97.4m | Reduced -11.7k |
| Focused Investors LLC 3.13% of their portfolio | 206.5k $96.5m | Reduced -5.9k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.34% of their portfolio | 201.3k $94.0m | Added +120.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.18% of their portfolio | 195.8k $91.5m | Reduced -51.7k |
| CAPTRUST FINANCIAL ADVISORS 0.29% of their portfolio | 193.1k $90.2m | Added +12.4k |
| Chevy Chase Trust Holdings, LLC 0.28% of their portfolio | 189.5k $88.5m | Reduced -5.4k |
| Cetera Investment Advisers 0.20% of their portfolio | 187.7k $87.7m | Reduced -2.3k |
| CITADEL ADVISORS LLC 0.08% of their portfolio | 184.1k $86.0m | Reduced -1.7k |
| MARSHALL WACE, LLP 0.12% of their portfolio | 183.5k $85.7m | Added +82.8k |
| AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio | 167.4k $78.2m | Reduced -150.7k |
| Kodai Capital Management LP 1.48% of their portfolio | 166.8k $77.9m | Added +134.3k |
| Holocene Advisors, LP 0.32% of their portfolio | 166.0k $77.5m | Added +159.1k |
| COMMERCE BANK 0.50% of their portfolio | 164.4k $76.8m | Reduced -808 |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.32% of their portfolio | 164.3k $76.8m | Reduced -5.5k |
| Rathbones Group PLC 0.41% of their portfolio | 161.5k $75.4m | Reduced -32 |
| US BANCORP \DE\ 0.10% of their portfolio | 159.7k $74.6m | Added +2.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.14% of their portfolio | 159.3k $74.4m | Reduced -195.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.13% of their portfolio | 156.3k $73.0m | Added +103.3k |
| Ensign Peak Advisors, Inc 0.13% of their portfolio | 151.7k $70.9m | Reduced -32.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.12% of their portfolio | 149.3k $69.7m | Added +95.9k |
| Mitsubishi UFJ Trust & Banking Corp 0.17% of their portfolio | 149.0k $69.6m | Reduced -17.6k |
| Allspring Global Investments Holdings, LLC 0.11% of their portfolio | 143.6k $67.1m | Reduced -50.0k |
| HUNTINGTON NATIONAL BANK 0.50% of their portfolio | 139.5k $65.1m | Added +2.9k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.15% of their portfolio | 138.7k $64.8m | Added +6.0k |