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 ($332.4m this quarter). Holder counts are more reliable. Shares outstanding: 230.8m as of 2026-07-20, 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 ≈ $506.06. Options: 43 managers hold calls ($2.2bn notional), 37 hold puts ($1.9bn).
Trends to Q2 2026
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 |
| Q3 2024 | 2,605 |
| Q4 2024 | 2,697 |
| Q1 2025 | 2,571 |
| Q2 2025 | 2,610 |
| Q3 2025 | 2,585 |
| Q4 2025 | 2,726 |
| Q1 2026 | 2,930 |
| Q2 2026 | 2,776 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 1,200 | 1,085 |
| Q4 2024 | 1,182 | 1,145 |
| Q1 2025 | 1,152 | 1,261 |
| Q2 2025 | 1,241 | 1,060 |
| Q3 2025 | 1,092 | 1,296 |
| Q4 2025 | 1,139 | 1,179 |
| Q1 2026 | 1,374 | 1,236 |
| Q2 2026 | 1,295 | 1,280 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $3.0bn | $1.8bn | 0.61 |
| Q4 2025 | $2.6bn | $1.5bn | 0.58 |
| Q1 2026 | $2.3bn | $2.1bn | 0.91 |
| Q2 2026 | $2.2bn | $1.9bn | 0.85 |
Biggest buyers
| T. Rowe Price Investment Management, Inc. | Added | +1.4m |
| BlackRock, Inc. | Added | +1.0m |
| Sanders Capital, LLC | Added | +952.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +653.6k |
| Lester Murray Antman dba SimplyRich | Added | +643.7k |
| Papamarkou Wellner Asset Management inc. | Added | +624.7k |
| Invesco Ltd. | Added | +467.2k |
| STATE STREET CORP | Added | +419.6k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | New | +256.5k |
| HSBC HOLDINGS PLC | Added | +249.0k |
Biggest sellers
| DIAMANT ASSET MANAGEMENT, INC. | Reduced | -877.8k |
| D. E. Shaw & Co., Inc. | Reduced | -595.0k |
| FMR LLC | Reduced | -582.3k |
| VAN ECK ASSOCIATES CORP | Reduced | -511.4k |
| BANK OF AMERICA CORP /DE/ | Reduced | -411.0k |
| UBS Group AG | Reduced | -316.9k |
| BARCLAYS PLC | Reduced | -312.6k |
| DEUTSCHE BANK AG\ | Reduced | -270.8k |
| HRT FINANCIAL LP | Sold out | -261.4k |
| Bahl & Gaynor LLC | Reduced | -232.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $867.2m1.7m shares |
| CITADEL ADVISORS LLC | Reduced | $318.3m624.8k shares |
| IMC-Chicago, LLC | Added | $238.5m468.1k shares |
| JANE STREET GROUP, LLC | Added | $225.1m441.8k shares |
| Walleye Trading LLC | Added | $72.1m141.5k shares |
| ROYAL BANK OF CANADA | Added | $56.0m110.0k shares |
| Point72 Asset Management, L.P. | Added | $48.4m95.0k shares |
| GROUP ONE TRADING LLC | Reduced | $42.6m83.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $39.1m76.8k shares |
| Jain Global LLC | Unchanged | $35.7m70.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $582.0m1.1m shares |
| CITADEL ADVISORS LLC | Added | $318.9m626.0k shares |
| IMC-Chicago, LLC | Added | $249.8m490.4k shares |
| JANE STREET GROUP, LLC | Added | $240.0m471.0k shares |
| HSBC HOLDINGS PLC | Added | $98.8m195.4k shares |
| Walleye Trading LLC | Reduced | $51.1m100.3k shares |
| Jain Global LLC | Unchanged | $35.7m70.0k shares |
| Qube Research & Technologies Ltd | Reduced | $31.6m62.0k shares |
| MARSHALL WACE, LLP | New | $31.1m61.0k shares |
| GROUP ONE TRADING LLC | Reduced | $27.4m53.7k 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 since 1 Apr 2026
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 |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 3 | $3.9m | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 1 | $3.8m | — |
| Q1 2026 | 0 | — | 3 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 2 | $117.6k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-13 | Donovan John Director | Sold | —3.4k shares |
| 2026-08-12 | Lightfoot Robert M JR President Space | Sold | $117.6k196 shares |
| 2026-08-11 | Lightfoot Robert M JR President Space | Sold | —2.4k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| STATE STREET CORP 0.50% of their portfolio | 33.0m $16.8bn | Added +419.6k |
| BlackRock, Inc. 0.14% of their portfolio | 18.9m $9.6bn | Added +1.0m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.15% of their portfolio | 14.2m $7.2bn | Added +93.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.53% of their portfolio | 7.8m $4.0bn | Added +653.6k |
| MORGAN STANLEY 0.15% of their portfolio | 5.7m $2.9bn | Added +41.6k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.13% of their portfolio | 5.6m $2.8bn | Added +228.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.14% of their portfolio | 5.2m $2.7bn | Added +144.4k |
| Invesco Ltd. 0.10% of their portfolio | 2.4m $1.2bn | Added +467.2k |
| BANK OF AMERICA CORP /DE/ 0.07% of their portfolio | 2.3m $1.2bn | Reduced -411.0k |
| Sanders Capital, LLC 1.07% of their portfolio | 2.1m $1.1bn | Added +952.5k |
| NORTHERN TRUST CORP 0.12% of their portfolio | 2.0m $999.1m | Added +19.9k |
| GOLDMAN SACHS GROUP INC 0.10% of their portfolio | 1.9m $969.4m | Added +201.0k |
| Capital World Investors 0.11% of their portfolio | 1.8m $939.6m | Reduced -26.5k |
| ROYAL BANK OF CANADA 0.15% of their portfolio | 1.7m $874.1m | Reduced -91.2k |
| FMR LLC 0.04% of their portfolio | 1.7m $849.7m | Reduced -582.3k |
| TWO SIGMA INVESTMENTS, LP 0.60% of their portfolio | 1.6m $799.8m | Added +220.7k |
| FRANKLIN RESOURCES INC 0.17% of their portfolio | 1.5m $772.0m | Added +109.5k |
| AQR CAPITAL MANAGEMENT LLC 0.24% of their portfolio | 1.4m $701.5m | Reduced -130.9k |
| T. Rowe Price Investment Management, Inc. 0.46% of their portfolio | 1.4m $698.0m | Added +1.4m |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.80% of their portfolio | 1.3m $672.9m | Reduced -122.3k |
| UBS Group AG 0.10% of their portfolio | 1.3m $656.9m | Reduced -316.9k |
| Bank of New York Mellon Corp 0.11% of their portfolio | 1.3m $645.3m | Added +9.7k |
| DIMENSIONAL FUND ADVISORS LP 0.12% of their portfolio | 1.3m $640.1m | Added +44.8k |
| Capital Research Global Investors 0.09% of their portfolio | 1.2m $631.0m | Reduced -226.5k |
| WELLS FARGO & COMPANY/MN 0.11% of their portfolio | 1.2m $626.6m | Reduced -24.8k |
| VANGUARD FIDUCIARY TRUST CO 0.13% of their portfolio | 1.2m $605.1m | Added +17.7k |
| STIFEL FINANCIAL CORP 0.49% of their portfolio | 1.2m $594.5m | Reduced -30.4k |
| Legal & General Group Plc 0.10% of their portfolio | 976.5k $497.5m | Reduced -16.2k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 900.8k $452.3m | Reduced -174.4k |
| BANK OF MONTREAL /CAN/ 0.16% of their portfolio | 848.2k $432.1m | Added +40.7k |
| LPL Financial LLC 0.09% of their portfolio | 765.7k $390.1m | Added +26.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.07% of their portfolio | 746.2k $380.2m | Reduced -66.3k |
| CITADEL ADVISORS LLC 0.20% of their portfolio | 671.4k $342.1m | Reduced -77.8k |
| RAYMOND JAMES FINANCIAL INC 0.09% of their portfolio | 668.0k $340.3m | Added +36.7k |
| Nuveen, LLC 0.08% of their portfolio | 666.0k $339.3m | Added +71.6k |
| National Pension Service 0.21% of their portfolio | 650.3k $331.3m | Added +15.8k |
| Lester Murray Antman dba SimplyRich 0.59% of their portfolio | 646.9k $2.5m | Added +643.7k |
| Papamarkou Wellner Asset Management inc. 1.17% of their portfolio | 627.8k $1.9m | Added +624.7k |
| Qube Research & Technologies Ltd 0.35% of their portfolio | 622.6k $317.2m | Reduced -27.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.17% of their portfolio | 596.4k $303.8m | Reduced -21.5k |
| AMERIPRISE FINANCIAL INC 0.06% of their portfolio | 581.3k $296.1m | Reduced -20.6k |
| Holocene Advisors, LP 0.67% of their portfolio | 570.5k $290.6m | Added +207.4k |
| Allianz Asset Management GmbH 0.31% of their portfolio | 556.2k $303.7m | Reduced -3.6k |
| DEUTSCHE BANK AG\ 0.08% of their portfolio | 538.9k $274.6m | Reduced -270.8k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.15% of their portfolio | 527.5k $268.8m | Added +42.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.15% of their portfolio | 501.5k $255.5m | Reduced -4.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.06% of their portfolio | 498.3k $253.9m | Reduced -66.1k |
| FIRST TRUST ADVISORS LP 0.14% of their portfolio | 469.4k $239.1m | Reduced -135.5k |
| BARCLAYS PLC 0.07% of their portfolio | 443.5k $225.9m | Reduced -312.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 442.9k $225.6m | Added +24.0k |
| Vanguard Global Advisers, LLC 0.10% of their portfolio | 437.9k $223.1m | Reduced -6.4k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.15% of their portfolio | 421.5k $214.7m | Added +45.7k |
| California Public Employees Retirement System 0.12% of their portfolio | 415.4k $211.6m | Reduced -135.2k |
| PNC Financial Services Group, Inc. 0.10% of their portfolio | 413.6k $210.7m | Reduced -109.0k |
| HighTower Advisors, LLC 0.20% of their portfolio | 412.5k $210.2m | Added +19.0k |
| SG Americas Securities, LLC 0.12% of their portfolio | 400.4k $204.0m | Added +124.0k |
| Balyasny Asset Management L.P. 0.35% of their portfolio | 371.6k $189.3m | Added +68.5k |
| D. E. Shaw & Co., Inc. 0.12% of their portfolio | 370.6k $188.8m | Reduced -595.0k |
| HSBC HOLDINGS PLC 0.09% of their portfolio | 364.5k $184.5m | Added +249.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.10% of their portfolio | 361.5k $184.2m | Reduced -87.0k |
| CAPTRUST FINANCIAL ADVISORS 0.28% of their portfolio | 356.7k $181.7m | Added +56.0k |
| RHUMBLINE ADVISERS 0.13% of their portfolio | 349.7k $178.2m | Added +6.8k |
| LAZARD ASSET MANAGEMENT LLC 0.26% of their portfolio | 341.0k $173.7m | Added +18.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.15% of their portfolio | 320.0k $163.0m | Reduced -5.5k |
| TRUIST FINANCIAL CORP 0.19% of their portfolio | 311.8k $158.8m | Added +1.3k |
| CITIGROUP INC 0.07% of their portfolio | 307.2k $156.5m | Added +50.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 302.4k $154.1m | Added +70 |
| RENAISSANCE TECHNOLOGIES LLC 0.21% of their portfolio | 298.5k $152.1m | Added +103.9k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.24% of their portfolio | 297.4k $141.5m | Added +60.7k |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC 0.65% of their portfolio | 293.9k $149.7m | Added +169.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.12% of their portfolio | 291.2k $148.3m | Reduced -172.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.08% of their portfolio | 272.1k $138.6m | Reduced -11.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.06% of their portfolio | 268.3k $136.7m | Reduced -6.9k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.25% of their portfolio | 263.6k $134.3m | Added +69.9k |
| Canoe Financial LP 1.65% of their portfolio | 261.0k $133.0m | Added +2.9k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 2.06% of their portfolio | 258.6k $131.7m | Reduced -11.1k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.38% of their portfolio | 256.5k $130.7m | New |
| JONES FINANCIAL COMPANIES LLLP 0.05% of their portfolio | 256.0k $129.9m | Added +6.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.06% of their portfolio | 250.4k $127.6m | Reduced -3.6k |
| Cetera Investment Advisers 0.12% of their portfolio | 249.4k $127.1m | Added +4.2k |
| Vident Advisory, LLC 0.94% of their portfolio | 247.8k $126.3m | Reduced -19.6k |
| Russell Investments Group, Ltd. 0.10% of their portfolio | 234.2k $119.3m | Added +13.4k |
| Connor, Clark & Lunn Investment Management Ltd. 0.23% of their portfolio | 233.6k $119.0m | Reduced -44.1k |
| Mirae Asset Global Investments Co., Ltd. 0.22% of their portfolio | 230.7k $117.5m | Added +24.2k |
| CREDIT AGRICOLE S A 0.30% of their portfolio | 229.2k $116.8m | Added +5.9k |
| ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio | 229.0k $138.4m | Reduced -141.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.14% of their portfolio | 222.5k $113.4m | Added +1.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.10% of their portfolio | 219.3k $111.7m | Added +141.9k |
| NATIONAL BANK OF CANADA /FI/ 0.10% of their portfolio | 219.1k $111.6m | Added +34.5k |
| YACKTMAN ASSET MANAGEMENT LP 1.36% of their portfolio | 216.4k $110.2m | Added +2.7k |
| Focus Partners Wealth 0.11% of their portfolio | 215.7k $109.9m | Reduced -31.7k |
| AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio | 200.5k $102.1m | Added +5.5k |
| UniSuper Management Pty Ltd 0.53% of their portfolio | 200.2k $102.0m | Reduced -27.4k |
| MACQUARIE GROUP LTD 0.44% of their portfolio | 197.7k $100.7m | Added +88.2k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.34% of their portfolio | 187.5k $95.5m | Reduced -224.7k |
| Creative Planning 0.06% of their portfolio | 187.3k $95.4m | Added +18.0k |
| ING GROEP NV 0.46% of their portfolio | 185.9k $94.7m | Added +79.8k |
| Corient Private Wealth LP 0.13% of their portfolio | 180.8k $92.1m | Added +6.7k |
| M&T Bank Corp 0.27% of their portfolio | 180.3k $91.9m | Added +2.4k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.11% of their portfolio | 175.8k $89.6m | Reduced -16.9k |