Chicago Capital LLC Reduces Stake in Elbit Systems

Investment firm sells over 4,000 shares of the aerospace company's stock

Apr. 18, 2026 at 7:37am

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The reduction in institutional ownership of Elbit Systems' stock highlights the evolving dynamics within the defense electronics industry.Chicago Today

Chicago Capital LLC, an investment management firm, reduced its stake in Elbit Systems Ltd. (NASDAQ:ESLT) by 49.2% in the fourth quarter, according to a recent SEC filing. The firm sold 4,358 shares of the aerospace company's stock during the period, leaving it with 4,506 shares valued at $2.6 million as of the end of the quarter.

Why it matters

Elbit Systems is a major player in the defense electronics and aerospace industry, providing a range of systems and solutions to military, homeland security, and commercial aviation customers. Changes in institutional ownership of the company's stock can provide insights into market sentiment and potential shifts in the industry.

The details

Chicago Capital LLC's reduced stake in Elbit Systems comes amid a period of growth for the company. In its most recent earnings report, Elbit Systems reported a 4.7% increase in revenue and a 10.2% jump in earnings per share compared to the previous year. The company has also seen its stock price rise over 30% in the past 12 months, outpacing the broader market.

Chicago Capital LLC filed its SEC disclosure on April 18, 2026, detailing the firm's reduced stake in Elbit Systems during the fourth quarter of 2025.
Elbit Systems reported its latest quarterly earnings on March 17, 2026.

The players