Phraction Management LLC Reduces Holdings in RTX Corporation

The institutional investor trimmed its stake in the aerospace and defense company during the fourth quarter.

Apr. 18, 2026 at 12:54pm

Got story updates? Submit your updates here. ›

A highly detailed, macro-level view of industrial banking equipment and mechanisms, conveying the tangible, mechanical nature of financial institutions and markets.An extreme close-up of the complex inner workings of the financial industry, representing the institutional forces that shape investment decisions.Chicago Today

Phraction Management LLC, an institutional investor, reduced its holdings in RTX Corporation (NYSE:RTX) by 6.3% during the fourth quarter. The firm now owns 64,690 shares of the company's stock, valued at $11,864,000, making RTX the 12th largest position in its portfolio.

Why it matters

This reduction in Phraction Management's RTX holdings provides insight into the investment decisions of this institutional investor. It suggests they may have a more cautious outlook on the aerospace and defense sector or RTX specifically, potentially due to market conditions or the company's performance.

The details

Phraction Management LLC sold 4,378 shares of RTX stock during the fourth quarter, reducing its total position to 64,690 shares. RTX accounts for approximately 3.2% of Phraction Management's portfolio, making it the firm's 12th largest holding. Other hedge funds have also recently modified their RTX holdings, with some increasing and others decreasing their positions.

  • Phraction Management LLC reduced its RTX holdings during the fourth quarter of 2025.

The players

Phraction Management LLC

An institutional investor that reduced its stake in RTX Corporation during the fourth quarter.

RTX Corporation

A U.S.-based aerospace and defense company that was created through the 2020 combination of Raytheon Company and United Technologies Corporation.

Got photos? Submit your photos here. ›

The takeaway

This reduction in Phraction Management's RTX holdings suggests the firm may have a more cautious outlook on the aerospace and defense sector or RTX specifically, potentially due to market conditions or the company's performance. However, without further details, it's difficult to determine the exact reasons behind the firm's decision to trim its position.