Mitsubishi UFJ Asset Management Boosts Stake in L3Harris Technologies

Asset manager increases position in defense contractor by 5.9% in Q3

Published on Feb. 27, 2026

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Mitsubishi UFJ Asset Management Co. Ltd. has increased its stake in L3Harris Technologies Inc. (NYSE:LHX) by 5.9% in the third quarter, according to a recent SEC filing. The asset management firm now owns 394,908 shares of the defense contractor's stock, worth approximately $120.6 million.

Why it matters

This transaction reflects growing institutional investor interest in L3Harris Technologies, a major player in the aerospace and defense industry. The company's diverse portfolio of communications systems, avionics, electronic warfare, and intelligence, surveillance and reconnaissance (ISR) technologies make it an attractive investment for asset managers.

The details

According to the filing, Mitsubishi UFJ Asset Management purchased an additional 21,968 shares of L3Harris Technologies during the third quarter, increasing its total position by 5.9%. The asset manager now owns about 0.21% of the company's outstanding shares.

  • Mitsubishi UFJ Asset Management filed the 13F report disclosing the increased stake on February 27, 2026.
  • The transactions occurred during the third quarter of 2025.

The players

Mitsubishi UFJ Asset Management Co. Ltd.

A Japanese asset management firm and subsidiary of Mitsubishi UFJ Financial Group, one of the largest financial institutions in the world.

L3Harris Technologies Inc.

An American aerospace and defense company formed in 2019 through the combination of L3 Technologies and Harris Corporation. It designs, manufactures and supports a range of technology solutions for government and commercial customers.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

This transaction highlights the growing institutional interest in L3Harris Technologies, a leading defense contractor with a diverse portfolio of advanced technologies. The increase in Mitsubishi UFJ Asset Management's stake reflects the firm's confidence in L3Harris's long-term growth prospects.