Aquatic Capital Management Trims Lockheed Martin Stake

Institutional investor reduces holdings in aerospace company by 78.3% in Q3

Mar. 16, 2026 at 7:23am

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Aquatic Capital Management LLC, an institutional investor, has trimmed its stake in Lockheed Martin Corporation (NYSE:LMT) by 78.3% in the third quarter, according to a recent 13F filing with the SEC. The firm now owns 18,670 shares of the aerospace company's stock, down from 85,921 shares in the prior quarter.

Why it matters

Lockheed Martin is one of the largest defense contractors in the world, with a diverse portfolio of military aircraft, missile systems, and space technologies. Changes in institutional ownership can provide insight into investor sentiment and market trends surrounding the company.

The details

According to the 13F filing, Aquatic Capital Management sold 67,251 shares of Lockheed Martin stock during the third quarter. The firm's remaining 18,670 shares were valued at $9.32 million at the end of the quarter. The filing does not provide specific reasons for the reduction in Aquatic Capital's Lockheed Martin position.

  • Aquatic Capital Management filed its 13F report for the third quarter of 2026.

The players

Aquatic Capital Management LLC

An institutional investor that has reduced its stake in Lockheed Martin Corporation.

Lockheed Martin Corporation

A global aerospace and defense company that designs, develops, and manufactures advanced technology systems.

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The takeaway

The reduction in Aquatic Capital Management's Lockheed Martin holdings may signal a shift in investor sentiment around the defense contractor, though the specific reasons are unclear from the filing. Analysts and investors will likely monitor any further changes in institutional ownership of Lockheed Martin stock.