Bokf Na Trims Lockheed Martin Stake

Institutional investor reduces holding in aerospace giant by 4.3% in Q3

Mar. 12, 2026 at 8:34am

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Bokf Na, an institutional investor, trimmed its position in Lockheed Martin Corporation (NYSE:LMT) by 4.3% during the third quarter, according to a filing with the Securities and Exchange Commission. The firm now owns 53,351 shares of the aerospace company's stock, valued at $26,633,000 at the end of the reporting period.

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 investor activity in the company's stock can provide insights into broader market sentiment and expectations around the defense industry.

The details

In its SEC filing, Bokf Na reported selling 2,420 shares of Lockheed Martin stock during the third quarter. The firm now holds a total of 53,351 shares, down from 55,771 shares at the end of the prior quarter. Lockheed Martin's stock price has risen steadily over the past year, reaching a 52-week high of $692 in January 2026.

  • Bokf Na filed its 13F report for the third quarter of 2025 on March 12, 2026.

The players

Bokf Na

An institutional investor that manages assets on behalf of clients.

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

Bokf Na's reduction in its Lockheed Martin holdings may signal a broader shift in investor sentiment around the defense industry, as the company faces increasing competition and regulatory scrutiny. However, Lockheed Martin remains a dominant player in the sector, with a strong order backlog and growing international sales.