Wellington Management Boosts Lockheed Martin Stake

Investment firm increases holding in aerospace and defense company by 3.4%

Mar. 14, 2026 at 12:04pm

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Wellington Management Group LLP, a major institutional investor, has increased its stake in Lockheed Martin Corporation by 3.4%, adding 79,491 shares during the third quarter. The firm now holds 2,384,753 shares of the aerospace and defense company, valued at over $1.19 billion.

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. Wellington Management's increased investment signals continued confidence in the company's long-term prospects, despite potential headwinds facing the defense industry.

The details

According to a 13F filing, Wellington Management Group boosted its position in Lockheed Martin by 3.4% during the third quarter of 2026. The firm now owns 2,384,753 shares of the aerospace company's stock, worth approximately $1.19 billion. This represents a significant increase of 79,491 shares compared to the previous quarter.

  • Wellington Management Group filed its 13F report for the third quarter of 2026 on 2026-03-14.

The players

Wellington Management Group LLP

A major institutional investment management firm that manages over $1 trillion in assets for clients worldwide.

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

Wellington Management's increased stake in Lockheed Martin reflects the firm's confidence in the defense contractor's long-term growth potential, despite potential industry challenges. This investment highlights the continued appeal of Lockheed Martin's diverse portfolio of military and aerospace products and services.