44 Wealth Management Reduces L3Harris Technologies Stake

Hedge fund cuts position in defense contractor by over 50% in Q3

Mar. 15, 2026 at 7:22am

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44 Wealth Management LLC, a financial advisory firm, reduced its position in L3Harris Technologies Inc. (NYSE: LHX) by 51.5% during the third quarter of 2025, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 4,343 shares of the defense contractor's stock, valued at $1.33 million.

Why it matters

L3Harris Technologies is a major player in the aerospace and defense industry, providing communications systems, avionics, electronic warfare, and other critical technologies to government and commercial customers. Changes in institutional ownership of the company's stock can signal shifts in investor sentiment and market expectations.

The details

According to the 13F filing, 44 Wealth Management sold 4,619 shares of L3Harris Technologies during the third quarter, reducing its total position by 51.5%. The firm now holds 4,343 shares of the company's stock, valued at $1.33 million. The filing does not provide specific reasons for the firm's decision to reduce its stake in L3Harris.

  • The 13F filing covers the third quarter of 2025, which ended on September 30th.

The players

44 Wealth Management LLC

A financial advisory firm that manages investments for its clients.

L3Harris Technologies Inc.

An American aerospace and defense company that provides a wide range of technology solutions to government and commercial customers.

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The takeaway

The reduction in 44 Wealth Management's position in L3Harris Technologies may indicate a shift in the firm's outlook on the defense industry or the company's prospects. However, without further details from the firm, it's difficult to draw any firm conclusions about the reasons behind the portfolio change.