Xponance Inc. Reduces Lockheed Martin Holdings

Investment firm cuts stake in aerospace and defense company by 11.3%

Mar. 3, 2026 at 7:23am

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Xponance Inc., an investment management firm, reduced its holdings in Lockheed Martin Corporation (NYSE:LMT) by 11.3% in the third quarter, according to a filing with the Securities and Exchange Commission. The firm now owns 34,441 shares of the aerospace company's stock, valued at $17.19 million at the end of the quarter.

Why it matters

Lockheed Martin is one of the world's largest defense contractors, with a diverse portfolio of military aircraft, missile systems, and space technologies. Institutional investors closely monitor changes in ownership of the company's stock, as it can signal shifts in market sentiment or changes in investment strategies.

The details

Xponance Inc. sold 4,367 shares of Lockheed Martin during the third quarter, reducing its total position to 34,441 shares. The firm's holdings in Lockheed Martin were valued at $17.19 million at the end of the quarter. Several other institutional investors and hedge funds have also modified their positions in Lockheed Martin in recent quarters.

  • Xponance Inc. reduced its Lockheed Martin holdings in the third quarter of 2026.

The players

Xponance Inc.

An investment management firm that reduced its stake in Lockheed Martin Corporation.

Lockheed Martin Corporation

A global aerospace and defense company that designs, develops, and manufactures advanced technology systems for government and commercial customers.

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The takeaway

The reduction in Xponance Inc.'s Lockheed Martin holdings reflects the broader trend of institutional investors closely monitoring their positions in major defense contractors. While the reasons behind the firm's decision are not explicitly stated, it highlights the importance of tracking changes in ownership of Lockheed Martin and other industry leaders.